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NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.

 

 

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  1. Bitcoin slid sharply over the weekend, breaking below $76,000 in thin trading and briefly dipping through the $75,000 area as selling accelerated late Saturday into Sunday. The move pushed BTC into a zone that technician Aksel Kibar has identified as a key band of horizontal support, roughly between $73.7K and $76.5K. The move didn’t come in a vacuum. Macro markets were already in a...
  2. Dogecoin started a recovery wave above the $0.10 zone against the US Dollar. DOGE is now facing hurdles near $0.1065 and might struggle to continue higher. DOGE price started a recovery wave from $0.095 and climbed above $0.10. The price is trading below the $0.110 level and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $0.1060 on the...
  3. XRP price extended losses and traded below $1.60. The price is now consolidating and might decline further if it remains below $1.50. XRP price started a fresh decline below the $1.650 zone. The price is now trading below $1.60 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $1.650 on the hourly chart of the XRP/USD pair (data source from...
  4. Ethereum price started a major decline after it failed to clear $2,500. ETH is down 20% and is now struggling to stay above the $2,200 support. Ethereum failed to stay above $2,550 and started a fresh decline. The price is trading below $2,400 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,415 on the hourly chart of ETH/USD (data feed...
  5. Bitcoin price started a major decline below $80,000. BTC is down over 10% and might soon test the $70,000 support zone. Bitcoin failed to remain above $82,500 and started another decline. The price is trading below $80,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $79,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The...
  6. Bitcoin’s price action has fallen into bearish territory after dropping below an important previous low that had supported the rally for months. At the time of writing, Bitcoin is trading at $78,560 after falling to as low as $77,082 in the past 24 hours, a move that crypto analyst XForceGlobal says represents a significant change in the technical structure.  According to his detailed Elliott...
  7. Markets have been loud this week. Precious metals punched through records, then gave back much of their gains, while major crypto tokens barely budged. That contrast is what has people talking. Related Reading: Ethereum Boost: Vitalik Buterin Sets Aside $45M In ETH For Privacy And Open Tech Gold’s Sudden Market Jump According to posts on X by market commentators, gold’s capitalization rose by...
  8. The XRP price was caught in the latest crypto market-wide selloff, falling to an intraday low of $1.57 within the past 24 hours. The sudden drop brings into focus XRP’s higher-timeframe structure, which is teasing a break below the 33-month exponential moving average.  According to a technical assessment shared on X by crypto analyst Egrag Crypto, the recent drop below the 33-month exponential...
  9. The Ethereum price has been under intense bearish pressure over the past few weeks, reflecting the overall fragile state of the cryptocurrency market. The altcoin lost nearly 20% of its value in the past week, free-falling under the psychological $3,000 level since Thursday, January 29th.  With the market still showing signs of further downside risk, there is no telling how deep the Ethereum...
  10. The Bitcoin market experienced a shockingly dramatic weekend, as opposed to the typical silent price action displayed in previous weekends. On Saturday, January 31st, the world’s leading cryptocurrency seemingly led other crypto assets south of the charts, with its price falling from $84,350 to as low as $75,000 in a single swoop.  As this unfolded, an inversely correlated shift also...