Tag: weekend

BTC Consolidates, Following Turbulent Weekend of Trading – Market Updates Bitcoin News

[ad_1] Recent declines in the world’s two largest cryptocurrencies eased to start the week, as both seemed to have found their respective floors. Bitcoin consolidated losses during Monday’s session, while ETH continued to trade sideways. Bitcoin Following a drop to a one-week low below $38,000 on Sunday, the price of bitcoin rebounded to start the week, as a support point seems to have finally been found. BTC/USD fell to an intraday low of $37,577 earlier in today’s session, which was its lowest point since February 28, however prices have since…

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BTC Falls Below $40,000 to Start Weekend – Market Updates Bitcoin News

[ad_1] Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency dropped below its long-term support level. The price of BTC/USD fell below its $40,000 floor during the session, hitting an intraday low of $38,777.04 in the process. As of writing, BTC is down 5.27% on the day, and is currently trading at $39,151.54,…

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Bitcoin stays near $38K as RSI breakout challenges ‘boring’ weekend

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[ad_1] Bitcoin (BTC) circled the $38,000 mark into Jan. 30 as a “trappy” weekend still offered the chance of a solid weekly close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Choppy waters” for Bitcoin Data from Cointelegraph Markets Pro and TradingView showed BTC/USD regaining the $38,000 mark after seeing local highs of $38,740 on Bitstamp the previous day. Despite its strong “out of hours” performance, few analysts believed in BTC as a firm bullish play without traditional market guidance. “Still choppy waters for Bitcoin,” Cointelegraph contributor Michaël van de Poppe summarized…

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