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.

Bitcoin Fades From Resistance; Support at $37K-$40K

Pullbacks could be limited over the short term.

By Damanick DantesMar 21, 2022

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

Bitcoin Holding Above $40K, Resistance at $46K

The four-month-long downtrend could be nearing an end.

By Damanick DantesMar 18, 2022

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

Bitcoin Testing Resistance Near $40K; Support at $35K-$37K

BTC's price range could persist, although there is less chance of another major sell-off.

By Damanick DantesMar 17, 2022

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

Bitcoin Approaching $40K Resistance Zone; Support at $37K

A volatile breakout or breakdown is likely this week.

By Damanick DantesMar 15, 2022

Bitcoin four-hour chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Range-Bound Above $35K-$37K Support; Resistance at $40K

The sideways price range could result in higher volatility over the next two weeks.

By Damanick DantesMar 14, 2022

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

Bitcoin Again Bounces Off 'Cloud' Support, Resistance at $42.6K

The Ichimoku cloud has consistently acted as a support during recent market swoons.

By Omkar GodboleMar 14, 2022

Bitcoin's weekly chart, highlighting the Ichimoku cloud support and recent bull failure above $42,600 (TradingView)

Bitcoin Weighed Down by Resistance; Support at $35K-$37K

Upside could be limited with the potential for higher volatility next week.

By Damanick DantesMar 11, 2022

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

Bitcoin Jumps to $40K as Putin Sees Positive Shift in Ukraine Talks

European equity benchmarks and U.S. index futures extended gains while major cryptocurrencies jumped as much as 7.6%.

By Shaurya MalwaMar 11, 2022

Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)

Bitcoin Returns to Range Below $40K; Support at $35K-$37K

Pullbacks could stabilize into the Asia trading day.

By Damanick DantesMar 10, 2022

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

Bitcoin Enters Resistance Zone Between $40K-$45K

BTC appears to be overbought on intraday charts.

By Damanick DantesMar 9, 2022

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