Bitcoin prices apparently had a hard time staying above $1200 price levels after recent developments. While trading volumes remain considerably high, selling pressure is making a return. Bitcoin prices did break below $1200 on several occasions and large sell orders even pushed prices down to $1100 through the today’s trading session.
Major Signals
BTC/USD rates…
Bitcoin markets saw prices reach $1250 in the current trading session as back to back buy orders were filled, pushing the price up. Recent hours have support being very limited while bullish orders try to break through resistance levels. The market’s overall sentiment went into being slightly more bullish in the last few hours as…
Bitcoin markets are keeping BTC/USD prices above $1200 levels with buying pressure maintaining a balance amid all the volatility currently ruling markets. Whilst resistance might still be strong, the fact that traders are striving to keep prices above $1200 levels is quite telling, especially amid a market sentiment keeping prices above such levels for hours…
in a way that helped bitcoin prices break through resistance with relative ease. So far, the recovery has been notably positive as in spite of some volatility, the price kept rising even after breaking above $1200.
Major Signals
Bitcoin traders are for once following bullish signals in a notable development after the recent crash
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Bitcoin markets are making it obvious that traders have better expectations when it comes to possible outcomes after the future of the bitcoin ETF would be decided upon. The SEC’s decision to not approve the ETF signaled a huge and sudden drop in bitcoin prices in the form of a downward spike. BTC/USD rates dove…
Bitcoin markets saw a short lasting recovery back above $1200 levels and even through traders eventually gave in to the pressure, the fact that some support was established amid the current market sentiment is certainly a positive signal. On the other hand, selling pressure is once again displaying its strength, as not only did in…
Bitcoin markets have been giving into the selling pressure promotes by profit taking that pressured BTC/USD markets to going lowed through preceding trading sessions. The recent fall in bitcoin rates has left bitcoin prices under a staggering fall that neared 4% in the last few hours, while large back to back sell orders are still…
Large sell orders appear to have put the market’s indecisiveness to an end as “the calm before the storm” ended suddenly with a downward price spike. Traders did follow up to the recent downturn but the price doesn’t seem to be having much potential in reaching back to pre-fall levels.
Major Signals
Traders might be…
Bitcoin markets are moving between a specific price range, while trading volumes are at levels similar to past trading sessions. BTC/USD markets are continuing to be slightly positive, yet in spite of the fact that support is starting to be established, no major swings at either direction are affecting markets amid the current market setting.
Major…
Bitcoin markets seemed quite reluctant in supporting higher prices through percending trading sessions yet things seem to have changed today. The market’s sentiment is notably more positive than what it looked like through previous days, and trading volumes are also down along with selling pressure. The profit taking that exhausted support up to a certain…
