Bitcoin Price

Bitcoin Price refers to the current value of Bitcoin (BTC) in the global cryptocurrency market. As the first and most prominent digital currency, Bitcoin's price is a significant indicator of the overall health of the cryptocurrency market. It is determined by supply and demand dynamics, influenced by factors such as market sentiment, regulatory news, technological advancements, and macroeconomic trends. Bitcoin's price is also closely watched by traditional finance professionals, given its potential as a digital asset and a hedge against inflation. It's traded on various cryptocurrency exchanges, including Coinbase, Binance, and Kraken.

Markets

Bitcoin Again Bounces Off 'Cloud' Support, Resistance at $42.6K

The Ichimoku cloud has consistently acted as a support during recent market swoons.

By Omkar GodboleMar 14, 2022

Bitcoin's weekly chart, highlighting the Ichimoku cloud support and recent bull failure above $42,600 (TradingView)

Bitcoin Weighed Down by Resistance; Support at $35K-$37K

Upside could be limited with the potential for higher volatility next week.

By Damanick DantesMar 11, 2022

Bitcoin daily chart with resistance levels (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Jumps to $40K as Putin Sees Positive Shift in Ukraine Talks

European equity benchmarks and U.S. index futures extended gains while major cryptocurrencies jumped as much as 7.6%.

By Shaurya MalwaMar 11, 2022

Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)

Bitcoin Returns to Range Below $40K; Support at $35K-$37K

Pullbacks could stabilize into the Asia trading day.

By Damanick DantesMar 10, 2022

Bitcoin four-hour chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Enters Resistance Zone Between $40K-$45K

BTC appears to be overbought on intraday charts.

By Damanick DantesMar 9, 2022

Bitcoin four-hour chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Crypto Still Isn't Helping Russian Oligarchs Evade Sanctions

This feels like a perfect test case for crypto’s value proposition that has yet to materialize.

By Nikhilesh DeMar 8, 2022

(Erwan Hesry/Unsplash)

Bitcoin Approaches $40K; Resistance at $43K-$45K

Narrow price zones could benefit short-term trades within the prevailing downtrend.

By Damanick DantesMar 8, 2022

Bitcoin four-hour chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Holding Support Above $35K-$37K, Resistance at $45K

BTC appears to be oversold on intraday charts, although momentum has weakened.

By Damanick DantesMar 7, 2022

El gráfico de cuatro horas de bitcoin muestra el soporte/resistencia con el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Extends Pullback Toward $37K-$40K Support Zone

BTC is in a wide trading range with strong overhead resistance. Technical indicators are mostly neutral.

By Damanick DantesMar 4, 2022

Bitcoin weekly chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Takes a Breather; Support at $37K-$40K

Intraday charts show downside exhaustion, which could encourage short-term buying.

By Damanick DantesMar 3, 2022

Bitcoin's daily chart shows support/resistance levels. (Damanick Dantes/CoinDesk, TradingView)

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