Bitcoin Price

Bitcoin Price

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Bitcoin Faces Resistance at $40K, Investors Eyeing March Fed Meeting

Bitcoin facing volatility amid the Russia-Ukraine crisis with prices rangebound between $30,000 and $40,000. If BTC breaks through the key resistance of $40,000, we will be in a “bullish regime,” CoinDesk’s Brad Keoun says. Plus, people are sending bitcoin to aid the Ukrainian military.

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El Salvador to Inaugurate Bitcoin-Funded Pet Hospital With Surplus Government Trust Fund

El Salvador will inaugurate a new public pet hospital, funded by a $4 million surplus in a government trust fund caused by bitcoin's rising value, according to President Nayib Bukele. "The Hash" crew questions whether this is the best-use case for the surplus bitcoin. "We're talking about $4 million, in a really poor country ... If you're trying to be an advertisement for bitcoin, go out there and help the people who badly need it," says co-host David Morris.

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Bitcoin Price Jump Faces Resistance at $40K-$46K; Support at $35K

For now, selling pressure has waned, which supports a short-term price bounce.

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

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Bitcoin Selling Intensifies; Support at $30K Could Stabilize Correction

There are initial signs of downside exhaustion, although upside appears limited.

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

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Bitcoin Bounce Fades; Minor Support at $30K-$36K

Sellers could remain active over the short term.

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

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Bitcoin Downtrend Persists; Support at $30K

BTC is 43% off its all-time high near $69K, and upside appears limited.

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

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Bitcoin in Stasis Near $37K, Gold Extends Gains as Russia Starts Ukraine Invasion

In tense situations, investors prefer gold and oil than riskier assets like stocks and crypto.

Bitcoin trades back and forth near $37K (Source: CoinDesk, Highcharts.com)

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Bitcoin Under Pressure, Lower Support at $30K-$35K

Momentum signals remain negative, indicating consistent selling pressure over the past month.

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

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Bitstamp USA CEO on Crypto Markets, Partnership With E-Sports Organization Immortals

Crypto exchange Bitstamp USA CEO Bobby Zagotta discusses the macroeconomic factors impacting the crypto markets. BTC's price is showing "pretty remarkable resilience," he said, despite plummeting Thursday to below $41,000 in the biggest daily drop in four weeks. Plus, Jordan Sherman, CEO of e-sports organization Immortals, shares insights into its partnership with Bitstamp.

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Bitcoin Pullback Deepens; Minor Support at $38K-$40K

Sellers remain active at resistance levels, maintaining the short-term downtrend.

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