Bitcoin cools from 1-week highs with key long-term metric echoing $44K

Bitcoin (BTC) returned to cement higher support on Nov. 30 after the latest BTC price comeback halted near $59,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI sees “bullish engulfing” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing to local lows of $55,920 on Bitstamp overnight. The pair then recovered to circle $56,500 at […]

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Bitcoins Surging Demand from Long-term Holders Set to Propel BTC Price to $116,000

Bitcoin is experiencing a surge in demand from long-term holders, resulting in a significant increase in the price of BTC to $116K. The cryptocurrency market is currently witnessing a boom as more investors are opting to hold Bitcoin for extended periods rather than engaging in short-term trading. This trend of holding Bitcoin for the long [...]

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