Bitcoin OG keeps faith in bull market as BTC price bounces 8%

The pair continued a rebound which had begun the day prior, with marketsIn so doing, Bitcoin recovered all of its lost ground, returning to its previous trading range focused just below $27,000.

“Back to $27K. Great bounce from the 200-Week MA. Time to start the new uptrend to $38-42K on Bitcoin,” Michaël van de Poppe, founder and CEO of trading firm Eight,Van de Poppe referenced the 200-week moving average, an important support level which at $26,400 was lost for only a matter of hours.the BTC price correction “over,” echoing similar sentiment from popular traders.

“Time to start the new uptrend to $38-42K on Bitcoin,” Michaël van de Poppe, founder and CEO of trading firm Eight, responded. Van de Poppe referenced the 200-week moving average (MA), an important support level which, at $26,400, was only lost for a few hours.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as SEC Sues Binance – Market Updates Bitcoin NewsBitcoin plunged to its lowest point in over two months, as markets continue to react to the SEC versus Binance lawsuit.
Herkunft: BTCTN - 🏆 531. / 51 Weiterlesen »

Bitcoin traders bet on $24K BTC price as market digests SEC vs. BinanceBitcoin reels from fresh Binance drama with BTC price now due even lower levels, traders say. Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it steadied after dropping to near three-month lows. The weakness came from a knee-jerk market reaction to the news that the SECGov was suing binance and its CEO, cz_binance.
Herkunft: Cointelegraph - 🏆 562. / 51 Weiterlesen »