Bitcoin Price
Bitcoin Price Recovering to $44K Level After Slight Pullback
Bitcoin is recovering from a slight pullback Wednesday and is up 3% over the past 24 hours at around $44,500, which some say is an indicator of a bullish shift. Why is this happening? CoinDesk Director of Professional Content Galen Moore reviews the day's top stories potentially moving the markets.
Bitcoin Recovering Between $40K Support and $46K Resistance
BTC trading volume is ticking higher as buyers defend intraday support levels.
Is BTC in a Bear Market Rally?
TheoTrade co-founder Don Kaufman shares his view on the crypto markets. He explained that the decoupling of bitcoin from other major asset classes could've contributed to moving price action. "What I think we saw over the last couple of days ... this is like a quintessential bear market rally," Kaufman said.
Bitcoin Miners Offloaded Holdings as Prices Dropped to $33K
The selling likely contributed to the crypto's decline in price in January.
BTC Breaks Through 2022 VWAP Over the Weekend
Bitcoin broke key resistance levels related to the “volume weighted average price,” or VWAP, a tool that calculates the average price a security has traded at throughout the day using both price and volume. Could bitcoin have room for further gains? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Retail Investors Staying the Course Despite BTC’s Price Decline
Morning Consult Financial Services Analyst Charlotte Principato shares insights into the latest data revealing bitcoin owners and likely investors predict BTC’s price could recover to 2021 highs. Plus, breaking down the risk profiles of US adults vs. bitcoin owners.
Bitcoin Stalls Near Resistance; Lower Support at $40K
Overbought signals on intraday charts preceded the current pullback.
CoinDesk TV Celebrates First Anniversary
From NFTs’ rise to fame on “Saturday Night Live” to dogecoin’s slew of celebrity endorsements to El Salvador adopting bitcoin as legal tender to BTC hitting new all-time highs, CoinDesk TV was there to cover it all. Take a look back at the first year in CoinDesk TV history.
How Likely Is It For Bitcoin to Hit $200K in 2022?
Bitcoin soared above $44,300 Monday, confirming a break above its 2-month downtrend. David Stryzewski, CEO of financial advisor Sound Planning Group, discusses the potential macro factors moving bitcoin’s prices and the wider markets higher. “It’s very possible [BTC] could go up to $200,000,” he said.
Bitcoin's Rally Faces Initial Resistance at $45K-$47K, Support Is at $40K
BTC has confirmed a break above its two month-long downtrend.
