Bitcoin Buying Pressure Rises, But Here’s Why A Pullback Could Be ...

Nov 12, 2024 · Rising or elevated Coinbase premiums typically suggest intense buying pressure, indicating strong medium-term sentiment for Bitcoin. However, BaroVirtual warns that in the …

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Bitcoin Buying Pressure Rises, But Here’s Why A Pullback Could Be ...

2 weeks from now

Nov 12, 2024 · Regardless of this slight pullback, with the current bullish momentum in Bitcoin, it is evident that the asset could continue this rally and rise above $85,000 soon, bringing it …

cryptd.in

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Bitcoin Looks Ripe For Price Pullback As $80K Breakout Looks ...

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Nov 11, 2024 · But now above $80,000, the rally looks overstretched, as the spread between bitcoin's price and its 200-hour simple moving average has widened to its highest level since …

coindesk.com

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Is A Larger Pullback Incoming For The BTC Price Rally Or Is This A …

2 weeks from now

Dec 19, 2024 · The crypto markets started the day’s trade having a major bearish influence after the latest interest rate cuts. The Bitcoin price plunged below $100K when the Fed Chair …

coinpedia.org

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Why Bitcoin Has Suffered A Sharp Pullback From Record Highs - And …

2 weeks from now

Mar 15, 2024 · Bitcoin has suffered a sharp pullback from record highs. The world's biggest cryptocurrency fell to $66,885 in the early hours of Friday - down 9%. Only yesterday, the …

sky.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

2 weeks from now

MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about Bitcoin Buying Pressure Rises, But Here’s Why A Pullback Could Be ... Coupon?

Why are Bitcoin prices going up?

Moreover, funding rates on Binance and Bitmex indicate aggressive margins and leveraged longs looking to capitalize on further price increases. Prices are expected to climb as long as whales continue buying and the retail crowd keeps selling their cheap coins during small dips. Bitcoin transactions and funding chart. Source: Santiment ...

Will bitcoin keep going up?

3 warning signs it could start dropping soon. 3 warning signs it could start dropping soon. Bitcoin's rally may still have room to run, but the cryptocurrency is likely to face a major pullback in the coming days if history repeats itself, according to analysts at Glassnode. ...

What happened to bitcoin?

Bitcoin has suffered a sharp pullback from record highs. The world's biggest cryptocurrency fell to $66,885 in the early hours of Friday - down 9%. Only yesterday, the digital asset had been touching an unprecedented price of $74,000. Bitcoin's price over the past week. ...

How does Bitcoin (BTC) look after a breakout above $80,000?

The RSI has diverged bearishly suggesting the upward momentum has exhausted for now. The broader outlook remains constructive. Bullish but overstretched. That's how bitcoin (BTC) looks on short duration technical charts after Monday's breakout above $80,000. ...

What if BTC faces a pullback?

It points downwards, signaling increasing risk. Traders should exercise caution when adding to their long positions, as a move out of the overbought territory by the RSI could provide a clear sign of a pullback. If BTC faces a corrective pullback, it could decline 8.5% from its current position and retest its $78,807 support level. ...

Why has bitcoin risen so much since October 2023?

Bitcoin’s overall rise of nearly 160 per cent since October 2023, of which 44 per cent came in February alone, marks a sharp contrast to 2022, when the market was beaten into an 18-month-long crypto winter, plagued by a string of high-profile corporate bankruptcies and scandal. ...