|

Can Bitcoin price advance further following the recent rebound

A brief technical and on-chain analysis on Bitcoin price. Here, FXStreet's analysts evaluate where BTC could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Ripple remains range-bound above key support

Ripple holds firmly above the $1.00 near-term support at the time of writing on Monday. The remittance token’s upside is capped under key descending moving averages, undermining the broader technical outlook.

Crypto Today: Bitcoin, Ethereum, XRP eye short-term recovery amid ETF inflows

Cryptocurrency prices are gaining traction on Monday, with Bitcoin trading above $65,000, Ethereum holding the near-term $1,900 support and Ripple hovering above the critical $1.00 demand zone. The broad recovery comes amid capital inflows through US-listed ETFs.

Worldcoin advances on Eightco buying, firm retail demand

Worldcoin is up 12% so far on Monday, advancing the mild gains from the previous day. Eightco Holdings reported that it holds 302 million WLD tokens, worth roughly $96 million, indicating steady institutional interest, with retail demand holding firm as Open Interest is up 15% in 24 hours.

Bitcoin: Bulls regain ground as BTC reclaims $65,000 

Bitcoin holds above $65,000 at the time of writing on Monday, after recovering more than 2% last week, with bulls finding support around the 200-week Simple Moving Average. Strong spot Exchange Traded Funds inflows point to renewed institutional demand.

Bitcoin: Can bulls weather the market uncertainty?
Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.