Bitcoin’s inability to hold above $40,000 has traders now targeting extreme lows in the $25,000 zone, a move that would be absolutely deadly for most altcoins.
Category: Binance Coin
Bitcoin and altcoins are attempting a recovery, but the bulls are likely to encounter stiff resistance at higher levels.
BTC and altcoins are dropping to retest lower support levels and bulls have yet to buy into the current dip.
BTC and altcoins could enter a short consolidation phase before retesting their breakout levels, a sign that the current price action could be a buying opportunity.
Bitcoin and most major altcoins remain close to their overhead resistance levels, indicating the possibility of more upside.
Traders continue to sell the top of each rally, resulting in a sharp pullback in Bitcoin price and several major altcoins.
BTC and altcoins flashed a few bullish signals today, but traders say $38,000 is still the level Bitcoin needs to close above before a reversal can begin.
BTC price is stalled at the 61.8% Fibonacci Retracement level, triggering a pullback in altcoins and slowing this week’s breakout.
Binance has renamed its blockchain ecosystem to reflect changes the chain has undergone since…
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On February 15, the total value locked (TVL) in decentralized finance (defi) platforms is just above the $200 billion range, after a brief slump below that region last week. Out of the entire TVL in defi today, Ethereum commands 59.22% of that value with 532 defi protocols. Metrics during the last seven days show a […]