Bitcoin surges past $70,000. Cryptos lifted
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Bitcoin bulls are feeling it right now. But the price chart is quietly drawing the same pattern it drew before two major crashes in a row.
Bitcoin (CRYPTO: BTC) hit $75,000 on March 17, which is its highest level since the Iran war started three weeks earlier. By Saturday March 22 it dropped below $68,000 after Trump threatened to obliterate Iran’s power plants.
The bitcoin price and crypto market are braced for time to run out on lawmakers' window to pass the closely watched crypto market structure
The price of Bitcoin pushed above $74,000 early Monday, as easing geopolitical tensions and improving risk sentiment helped lift the broader crypto market. The move capped one of bitcoin’s strongest weekly performances since the outbreak of the Iran–Israel War in late February.
Two Bitcoin OGs sold $117M in BTC after the Fed decision. But Bitcoin whale wallets are buying the dip as exchange reserves hit a 7-year low.
Kendrick believes that further downside could be in store for Bitcoin investors in the near term. One of Kendrick's core observations about Bitcoin is that he sees volatility around the cryptocurrency as similar to growth stocks on the Nasdaq.
Bitcoin’s (BTC) failure to close the week above the 200-week exponential moving average (EMA) on Sunday put it at risk of another downward leg over the coming weeks or months. Key takeaways: Bitcoin price weakness sparks sub-$50,
Gold just came off one of its worst weeks in nearly 15 years, with prices imploding just north of 10%. Things haven’t been any better for silver (it’s been a disaster for silver, down over 15% in a week) or any of the other metals,
Bitcoin's BTC $70,734.32 price action is giving us a sense of déjà vu, and it's not the good kind. If you look at the price swings since early February, a very specific, ominous pattern is forming that looks strikingly similar to the setup we saw between November and January.
Bitcoin markets are rallying sharply as geopolitical tensions in the Middle East begin to ease. Investors are closely tracking price movements in both