Overall, upside momentum is improving with seasonal strength in the fourth quarter. A confirmed breakout (two consecutive daily closes) above the all-time high would yield a measured move projection toward $86,000. On the other hand, an immediate price pullback could be limited around the $53,000 support level.
“Client interest concentrated more heavily onto the two main crypto assets, BTC and ETH,” analysts at data provider VandaTrack...
Bitcoin (BTC) bounced 19% from the $25,400 low on May 12, but has investor confidence in the market been restored?...
Further, the recent underperformance of alternative cryptos (altcoins) relative to bitcoin suggests a lower appetite for risk among crypto traders....
Bitcoin fell below the $26,000 level since December 2020. (Photo credit should read CFOTO/Future Publishing via Getty Images)CFOTO | Future...
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