Bitcoin Price Slides 4% After Strong Rally – Correction or Pause? - Overpasses For America

Bitcoin Price Slides 4% After Strong Rally – Correction or Pause? - Overpasses For America

Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave. Bitcoin started a downside correction from the $124,000 zone. The price is trading below $122,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $120,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase …

Bitcoin Fails to Break Above the Supply Zone Once Again, BTC Drops to $118,000

Bitcoin fails to break above the supply zone once again.  This results in the price of BTC dropping to the $118,000 price range.  Bitcoin is expected to recover and rally towards new ATH targets. The pioneer crypto asset Bitcoin (BTC) experiences a price fall after just setting a new ATH at the $124,000 price range. In detail, Bitcoin fails to break above the supply zone once again, as noticed by one reputed crypto figure. This failure has cause…

Bitcoin Price Slides 4% After Strong Rally – Correction or Pause?

Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave.

Bitcoin prices dip after ATH, but BTC's rally isn’t over! - Here's why

The post Bitcoin prices dip after ATH, but BTC’s rally isn’t over! – Here’s why appeared on BitcoinEthereumNews.com. Key Takeaways After reaching an all time high, Bitcoin’s bullish netflows, compressed NVT Golden Cross, positive funding rates, and surging derivatives activity signal strong momentum and potential for a renewed parabolic rally. Since early August, Bitcoin’s [BTC] exchange netflow metric has approached a notable bottom, mirroring …

Bitcoin prices dip after ATH, but BTC’s rally isn’t over! – Here’s why

Since early August, Bitcoin’s exchange netflow has approached a notable bottom, mirroring patterns seen before the 2017 and 2021 rallies.

Fidelity Identifies Peculiar Thing About Bitcoin Rally

Bitcoin might now be in a completely new low-volatility environment, according to Fidelity