Bitcoin, Where Are We Now
SUMMARYThe weight of the multi-time frame technical evidence suggests that Bitcoin is still in an ongoing correction. Short term support is at 40,750.Bitcoin / WeeklyThe weekly chart of Bitcoin shown above continues to s...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
SUMMARY
The weight of the multi-time frame technical evidence suggests that Bitcoin is still in an ongoing correction. Short term support is at 40,750.
Bitcoin / Weekly
The weekly chart of Bitcoin shown above continues to suggest that the corrective phase since the all-time highs is still in force despite the strong bounce from the triple bottom that exte…
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on The Market's CompassRelated market context
Bitcoin Could Reach 1%-3% of Institutional Alternative Portfolios
Kevin O’Leary has re-entered the crypto market. At the Avalanche Summit in New York, he says that he is building fresh positions a...
Bitcoin Price Prediction: BTC Could Outperform Gold According to JPMorgan
Bitcoin price is changing hands near $77,700, up 1.6% on the day, as fresh commentary from JPMorgan reignites the prediction debat...
Ethereum (ETH) Price Prediction: $2,400 Support Holds as Bulls Eye $2,570 and $3,000
The latest recovery has pushed Ethereum price back towards $2,446 after buyers defended the important $2,400 support region. ETH p...
After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization
The US Securities and Exchange Commission (SEC) has opened a five-year pathway for regulated US stocks to trade on blockchain-nati...
XRP Price Holds Above $1.29 as Futures Leverage Resets
XRP price trades near $1.30, going up by as little as 1%, even as open interest across its derivatives market has fallen from $1.1...
Crypto’s first big tax win comes with a catch for stakers and everyday payments
Crypto groups are pressing Congress to broaden tax relief after a House panel advanced the first digital-asset tax framework. The...