Bitcoin Surpasses $46K as 'Year of the Long' Commences, Alleviating ETF Sell-off
Bitcoin (BTC) surpasses $46,000 amid Chinese New Year, signaling potential climb to $48,000 with positive sentiment, ETF absorption, and bullish technical indicators.

Bitcoin (BTC) surpasses $46,000 amid Chinese New Year, signaling potential climb to $48,000 with positive sentiment, ETF absorption, and bullish technical indicators.
The crypto market experienced a turbulent period with the sharp sell-off, but Bitcoin showed resilience in its rebound. Anticipation builds for the Sponge V2 launch, promising upgraded utility and incentives. As the market navigates uncertainties, analysts present divergent views, contributing to the complex landscape of cryptocurrency investments.
Bitcoin faced a setback as miners cashed out 3,000 BTC, contributing to a recent price drop. Unusual selling levels by miners intensified the impact, prompting a recovery push to $42,900. While miners focused on covering operational costs, regular investors exhibited longer holding patterns. Despite the brief downturn, market resilience suggests ongoing investor confidence
Ether price is forming a bear pennant pattern whose profit target comes to be near $850.
Bitcoin has fallen more than 70% from its all-time high in November 2021 and has triggered selling pressure with it. ...
The Tesla CEO noted that the sale "should not be viewed as a verdict on Bitcoin" and that it is "certainly open to future Bitcoin holdings."
Telsa CEO noted that the sale “should not be taken as a verdict on Bitcoin” and is “certainly open to increasing our Bitcoin holdings in the future.”
Bitcoin has been losing value for months because of, among other market variables, limited liquidity circumstances and targeted dumping of ...
BTC and altcoins have been hit by another sell-off, with analysts saying the deteriorating macroeconomic environment could push bitcoin prices below $40,000.
Macro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support.