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.


Markets

Bitcoin Steady at Resistance; Support Around $57K-$58K

Bitcoin traded in a tight range during Asian hours; resistance around $60K and support around $57K-$58K.

BTC Hourly Chart

Markets

Market Wrap: Bitcoin Pushes $60K as Goldman, BlackRock Moves Signal Adoption

Bitcoin finishes the first quarter double where it started the year, versus a 5.8% gain for the S&P 500. No wonder Goldman's clients want in.

Bitcoin's gains haven't been particularly steady in the first quarter, but they've added up.

Markets

'Bull Flag' Call for $70K Bitcoin Draws Skepticism From Rival Analysts

There's a debate raging among bitcoin technical analysts over whether the "bull flag" chart pattern even has a flagpole.

A "bull flag" or wishful thinking? Analysts are raising a yellow flag about the latest call for $70,000 bitcoin.

Markets

Bitcoin Stalls Near Resistance; Support Around $54K

BTC stalled just shy of $60K resistance during Asia hours. Support is around $54K.

BTC Four-Hour Chart

Markets

Market Wrap: Traders Ratchet Up Derivatives Bets as Bitcoin Mounts Rally

Bitcoin's funding rates are rising, a sign traders are willing to take more risk in betting on a fresh rally.

Bitcoin price chart, daily, over past month.

Markets

Crypto Traders Lever Up as Bitcoin Creeps Back Toward All-Time High

The recent rise appears to show traders finding a renewed appetite for risk taking following a market shakeout over the past of couple weeks.

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Markets

Bitcoin Uptrend Intact After Month-Long Consolidation; All-Time High Within Reach

Intraday overbought signals are not yet extreme, which should keep buyers active towards $60,000-$61,000.

BTC Daily Price Chart

Markets

Bitcoin Rallies From Support, Resistance Around $60K

But traders should continue to monitor intraday resistance levels as the broader uptrend from January slows.

Four-hour BTC chart

Markets

Bitcoin Gains Ahead of $6B Options Expiry After Market Finds $50K Floor

BTC held support around $50K and is approaching resistance around $56K.

BTC hourly chart

Markets

US Bitcoin Exchanges See No Major Uptick in Stimulus-Related Buying

The stimulus checks are in the mail so it might be too early to call the hyped-up episode a dud.

U.S. President Joe Biden speaks Thursday at a press conference.