btc price | Crypto Profit Bot

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

September 20, 2021

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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 […]

Here’s why Bitcoin might be safe from a global stock market crisis

September 18, 2021

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One of the reasons behind Bitcoin’s (BTC) volatility, the substantial price oscillations that occur regularly, is the discrepancy of its use cases. Some pundits deem it “digital gold,” a truly scarce and perfect store of value (SoV). Others consider Bitcoin a technology project or a type of software with a corresponding network. El Salvador’s adoption […]

Next stop $85K for Bitcoin as analysts predict ‘explosive’ Q4 for BTC price action

September 17, 2021

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There’s nothing that can spark Bitcoin downside except a “significant bad news event,” says analyst Filbfilb as the market awaits upside. 27488 Total views 182 Total shares Bitcoin (BTC) is heading for at least $85,000 in Q4 this year and could well surpass the $100,000 mark, new research says. In its latest market update on […]

Bitcoin bulls look to profit from Friday’s $195M BTC options expiry

September 15, 2021

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Over the past ten days, Bitcoin (BTC) price tested the $44,500 resistance on multiple occasions, and this marked a 16% drawdown from the previous week’s $53,000 local top. Not even the $3.4 billion long futures contracts liquidations that occurred on Sept. 7 while BTC dropped by 18.7% was enough to eliminate bulls’ optimism, according to […]

Bearish pennant breakdown confirmed? 5 things to watch in Bitcoin this week

September 13, 2021

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Bitcoin (BTC) starts a new week in a precarious place — below $45,000 and below some key moving averages. What’s next? Almost a week after a cascade of leveraged position unwinding forced the market to $42,800, Bitcoin has erased most of its subsequent recovery. The weekend produced little by way of a paradigm shift, and […]

BTC price battles for $46K as Polkadot (DOT) ends weekend with 10% surge

September 12, 2021

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Signs of strength slip into Bitcoin markets but altcoins are proving more interesting as the weekend draws to a close. 10864 Total views 169 Total shares Bitcoin (BTC) hit problems at $46,000 on Sept. 12 after a “strong bullish divergence” on lower timeframes met with resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Higher lows […]

Here are the BTC price levels to watch as $38K emerges as bulls’ line in the sand

September 11, 2021

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Bitcoin (BTC) needs to retain two key moving averages in order to stay bullish, but is failing, fresh analysis shows. In its latest market update on Sept. 10, trading platform Decentrader warned that bulls do not have the upper hand much above current price levels. A “golden cross” like any other? Bitcoin has drifted lower […]

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

September 9, 2021

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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 […]

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

September 7, 2021

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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 […]

Bitcoin targets $51K ‘final resistance’ as ETH nears $4K for the first time since May

September 3, 2021

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It’s all systems go for cracking “final hurdle” resistance for both Bitcoin and Ether as the weekend nears. 22369 Total views 70 Total shares Bitcoin (BTC) passed $50,500 later on Friday as a return to the $50,000 mark put bulls firmly back on the scene. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin lines up […]

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