Bitcoin Price

Bitcoin Price refers to the current value of Bitcoin (BTC) in the global cryptocurrency market. As the first and most prominent digital currency, Bitcoin's price is a significant indicator of the overall health of the cryptocurrency market. It is determined by supply and demand dynamics, influenced by factors such as market sentiment, regulatory news, technological advancements, and macroeconomic trends. Bitcoin's price is also closely watched by traditional finance professionals, given its potential as a digital asset and a hedge against inflation. It's traded on various cryptocurrency exchanges, including Coinbase, Binance, and Kraken.

Markets

Bitcoin Neutral, Support at $37K and Resistance at $46K

Bullish countertrend signals require weekly price closes above $40K.

By Damanick DantesApr 14, 2022

Bitcoin weekly chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Holding Support at $40K; Resistance at $43K-$47K

Selling pressure has weakened, which could pave the way for a price bounce.

By Damanick DantesApr 13, 2022

Bitcoin daily chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Jumps Above $41K, Rising With Nasdaq, S&P

The largest cryptocurrency whipsaws around the $40,000 level as markets digest elevated U.S. inflation readings.

By Krisztian SandorApr 13, 2022

Bitcoin price on April 13 (CoinDesk).

Bitcoin Stabilizes at $40K Support, Resistance at $43K-$47K

Selling pressure could fade over the next few days.

By Damanick DantesApr 12, 2022

Bitcoin daily chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Falls Below $40K for First Time Since Mid-March

Nydig, a bitcoin-focused asset manager, cites fears of rising inflation and a tighter Fed policy as reasons for the drop.

By Lyllah LedesmaApr 11, 2022

Bitcoin on Monday fell below $40,000 for the first time since March 16. (TradingView/CoinDesk)

Bitcoin Approaches Support Zone at $37K-$40K

BTC is not yet oversold and is roughly two days away from a pause in selling pressure.

By Damanick DantesApr 11, 2022

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Stalls Below $48K Resistance; Support at $40K-$43K

The current pullback appears to be temporary ahead of seasonal strength.

By Damanick DantesApr 8, 2022

Bitcoin weekly price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Stabilizes at $43K Support; Resistance at $45K-$48K

Range-bound price action could persist for a few days.

By Damanick DantesApr 7, 2022

Bitcoin daily chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Extends Pullback Toward $40K-$43K Support

BTC broke below a monthlong uptrend.

By Damanick DantesApr 6, 2022

Bitcoin daily chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Range-Bound; Support at $43K-$45K

Buyers could remain active on pullbacks into the Asia trading day.

By Damanick DantesApr 5, 2022

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

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