Why Bitcoin will likely retrace to $54K before the big breakout
Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed near $54,000.
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Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed near $54,000.
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The panic caused due to USD Coin’s (USDC) depeg from the U.S. dollar manifested itself in a wrong order, costing traders $50,000 per Bitcoin (BTC), albeit for several minutes. Bitcoin price sees $50K in “fat finger” error The BTC/USDC pair on Binance flash spiked to $50,000 on March 12 around 7 pm UTC. The reason for [...]
The post Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps appeared first on Crypto Breaking News.
Bitcoin has never seen this particular "death cross" before in its life, one analyst notes as BTC price weakness continues.
Bitcoin (BTC) received a substantial boost this week as the U.S. inflation levels for February came along the lines of market expectations. On March 14, the BTC/USD pair surged to a new 2023 peak at $26,550 after the news. But while the macroeconomic conditions mat currently be favoring risk-on buyers, certain on-chain and market indicators [...]
The post 4 signs the Bitcoin price rally could top out at $26K for now appeared first on Crypto Breaking News.
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