NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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Over the weekend, the Bitcoin price suffered a major crash, moving below $60,000 for the first time in this cycle. In contrast, there has been some recovery, with the price moving above $62,000 on Sunday, as investors moved back into the market. However, this recovery seems to only be a stop-gap for now because, according to one analyst, there is something bad coming Bitcoin’s way and it’s going...
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Dogecoin started a recovery wave above the $0.0820 zone against the US Dollar. DOGE is now facing hurdles near $0.090 and might struggle to continue higher. DOGE price started a recovery wave from $0.0775 and climbed above $0.0820. The price is trading below the $0.0820 level and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $0.0820 on the...
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XRP price started a recovery wave above $1.10 and $1.1250. The price is now consolidating and might aim for a fresh move if it clears $1.1730. XRP price started a recovery wave above the $1.1250 zone. The price is now trading below $1.1220 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $1.10 on the hourly chart of the XRP/USD pair (data...
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Ethereum price started a recovery wave above the $1,600 zone. ETH is now consolidating and might rally if there is a clear move above the $1,750 resistance. Ethereum started a recovery wave above the $1,600 zone. The price is trading above $1,620 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1,600 on the hourly chart of ETH/USD...
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Bitcoin price started a recovery wave above the $62,000 zone. BTC is consolidating and might aim for more gains if it clears the $64,500 resistance zone. Bitcoin managed to form a base above $60,000 and started a recovery wave. The price is trading above $62,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $61,500 on the hourly chart...
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After days of steep downward movement, the price of Bitcoin appears to have found a somewhat reliable anchor around the $60,000 region. However, recent on-chain data suggests that the premier cryptocurrency might not be down for long, with a bullish reversal seemingly on the cards. Is BTC Price Bottom Already Forming? In a June 7th post on the X platform, crypto analyst Ali Martinez revealed...
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Ethereum’s latest price crash has pushed the cryptocurrency below $1,800, placing its monthly chart under pressure at a time when the entire crypto market sentiment has turned heavily bearish. There is also another weakness coming from the monthly RSI, which has now dropped to its lowest level since the asset launched in 2015. That reading has made the current setup very important, as previous...
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Long traders bore the brunt of the damage when over $382,000 in Shiba Inu futures positions were liquidated in a single day, with $365,660 wiped from bullish bets and just $17,320 lost on the short side. Related Reading: XRP Monthly RSI Drops To All-Time Low As Market Watches For Confirmation That wave of forced closures came as a long-dormant SHIB wallet suddenly came back to life after nearly...
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Bitcoin’s bearish structure over the past few weeks has raised clear concerns about the flagship cryptocurrency’s future. Amid these concerns are speculations concerning its trajectory, some of which point to bottoms as low as $25,000. However, an on-chain analyst recently took to the social media platform X to explain why Bitcoin’s fall to $25,000 is an unlikely scenario in its current...
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XRP could be on track for one of its biggest price moves ever — but investors may need to wait until late 2027 or even 2028 to see it play out. A Long Road Ahead That’s the view from market analyst Dr Cat, who recently flagged $1.034 as a compelling long-term buy zone for the token. According to the analyst, that price level lines up with a thick Ichimoku Cloud support zone on the...