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Bitcoin Price
Bitcoin Price refers to the current value of Bitcoin (BTC) in the global cryptocurrency market. As the first and most prominent digital currency, Bitcoin's price is a significant indicator of the overall health of the cryptocurrency market. It is determined by supply and demand dynamics, influenced by factors such as market sentiment, regulatory news, technological advancements, and macroeconomic trends. Bitcoin's price is also closely watched by traditional finance professionals, given its potential as a digital asset and a hedge against inflation. It's traded on various cryptocurrency exchanges, including Coinbase, Binance, and Kraken.
Bitcoin Tops $40K for First Time in 2 Weeks
The price dipped Friday after the U.S. jobs report for January, but reversed as traders grew more confident that the downside is limited.
Bitcoin Turns Lower From Bearish Trendline, Support at $35.5K
Bitcoin is staring at a support level of $35,500 after failing to penetrate critical technical resistance connecting highs reached in November and January, according to CoinDesk’s Omkar Godbole. The next support level is around $33,000, the low reached on Jan. 24. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Capped Below $40K Resistance; Support at $35K
Buyers have consistently lost ground to sellers.
Bitbuy CEO: ‘Bitcoin Is Moving Higher’
Bitcoin continues to trend lower from its bearish trajectory and is now staring at a support level of $35,500. Michael Arbus, CEO of Canadian trading platform Bitbuy, discusses his crypto markets analysis and outlook. “Clearly, I have a view that bitcoin is moving higher,” Arbus said.
Bitcoin Slides Below $38K Ahead of Seasonally Strong February
Historically, bitcoin produces positive returns in February, which could offer some hope for bullish traders. Technical indicators suggest short-term buyers could remain active around the $35,000-$37,000 support zone, although upside appears to be limited toward $45,000. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Slides Below $38K, Support Is Above $35K
The pullback could continue into the trading day in Asia.
Bitcoin Rangebound Near Support; Resistance at $40K-$43K
Sideways trading between $35K-$40K could persist this week as long-term momentum fades.
WisdomTree Exec on Bitcoin: ‘It’s an Adoption Game’
Will Peck, head of digital assets at WisdomTree, discusses his optimistic and bullish outlook for bitcoin. “It’s an adoption game,” Peck said. “Long-term, if you’re talking about continued adoption of an asset class and a technology … you’d see continued growth in it going forward.”
Bitcoin’s ‘MACD’ Indicator Threatens Long-Term Bullish Bias as Rate Hike Fears Linger
Bitcoin’s long-term bullish outlook is in danger of being invalidated on technical charts as BTC reels under selling pressure, stemming from adverse macro factors. Its monthly moving average convergence divergence (MACD) histogram has crossed below zero, a so-called sell signal, indicating a bullish-to-bearish trend change on the longer duration price chart.
Bitcoin Holding Support Above $37K; Resistance at $40K-$45K
BTC's January sell-off could attract short-term buyers.
