Category: btc price

Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets

Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets

Bitcoin (BTC) investors seem concerned about the increasing speculation that China’s second-largest property developer, Evergrande Group, will default on its $300 billion in debts. These fears manifest in global equities markets which saw a 1.5% to 3% drop at this morning’s market open.  Despite the price move, the BTC outflow (net withdrawals) from exchanges has […]

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Bitcoin price in line for ‘impulsive bounce’ as Solana (SOL) leads altcoin surge

Bitcoin price in line for ‘impulsive bounce’ as Solana (SOL) leads altcoin surge

Things are looking up for Bitcoin and altcoins on Thursday, but the chance of a breakdown remains, one analyst warns. 123 Total views 1 Total shares Bitcoin (BTC) volatility is again overdue and one analyst is favoring an “impulsive” move towards $50,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: “Chill and wait” for Bitcoin […]

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BTC price further crushes resistance, nears $53K on El Salvador ‘Bitcoin Day’

BTC price further crushes resistance, nears $53K on El Salvador ‘Bitcoin Day’

Bitcoin (BTC) targeted $53,000 on Sep. 7 as fears of a fresh BTC price dip faded above crucial resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “No going back” after El Salvador Bitcoin adoption Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new highs of $52,960 on Bitstamp overnight. After a swift retest […]

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