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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 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.
Bitcoin Rallies From Support, Resistance Around $60K
But traders should continue to monitor intraday resistance levels as the broader uptrend from January slows.
Bitcoin Gains Ahead of $6B Options Expiry After Market Finds $50K Floor
BTC held support around $50K and is approaching resistance around $56K.
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.
US Government Sees 'Cryptocurrency Spring Fever' as Great Time to Auction Bitcoin
The GSA's next BTC auction could fetch more than $300K, generating even more excitement among cryptocurrency investors.
Bitcoin Stabilizes After Sell-off, Resistance Seen Around $56K
For now, bitcoin continues to hold long-term trend support above $50,000, with lower support around $42,000.
Deutsche Bank Says 52% of Its Investors Expect Bitcoin Below $60K in 12 Months
BTC upside is limited, and could halve in twelve-month's time, according to Deutsche Bank survey.
Bitcoin Holds Support, Approaching Resistance Around $60K
The daily relative strength index (RSI) is back in neutral territory after reaching overbought levels earlier this month.
Bitcoin's Risk-Reward Ratio Suggests Bull Run Has Plenty of Scope to Continue
Bitcoin's "reserve risk" metric indicates the cryptocurrency is nowhere close to a major price top.
Bitcoin Breaks Below Short-Term Uptrend, Lower Support Around $50K
Bitcoin's uptrend continues to slow after breaking short-term support.
