Tag Archives: Bitcoin
Crypto Slide: Bitcoin Drops 5%, Ethereum Sinks Over 8%
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On Tuesday, according to the data from Arkham Intelligence, 30,000 BTC worth of $1.88 billion at current prices was transferred to the world’s largest crypto exchange, Binance. Such significant transfers to an exchange often raise concerns among market participants as there is a potential intention to sell, which can drive prices lower. Consequently, Bitcoin declined […]
Focus on BTCUSD today – 26th July 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for July 26 2024. Key Takeaways Technical Analysis Daily Chart Insights H1 Chart Insights Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Trump’s Resurgence Boosts Bitcoin Amid Election Year
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Bitcoin surged above the $60,000 threshold, reaching a nearly two-week high, influenced by several factors including political events and regulatory concerns. A failed assassination attempt on former President Donald Trump increased his odds of retaking the White House in November, according to market predictions. Trump, who has emerged as the pro-crypto candidate leading up to […]
Focus on BITCOIN today – 10th July 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BITCOIN for July 10, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-Hour Chart Insights Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Bitcoin Retreats Amid Upward Pressure and Negative News
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Bitcoin’s value has decreased by approximately 3%, hovering near the crucial $60,000 mark. The situation marks the third instance in two weeks where the support level has been tested. Market analysts attribute the decline primarily to the anticipated commencement of Mt. Gox creditor repayments. Mt. Gox, a defunct Bitcoin exchange, is poised to distribute over […]
Bitcoin Rebounds Above $61,000 Amid ETF Inflows and US Economic Data
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On Friday, Bitcoin’s value reached stability, climbing above the $61,000 threshold after dropping to a near two-month low at the beginning of the week. Its recovery was bolstered by renewed investments into Bitcoin Exchange Traded Funds (ETFs) based in the US, alongside weakened economic indicators from the US, reinforcing arguments for potential Federal Reserve interest […]
Focus on BTCUSD today – 19th June, 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for June 19, 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on BTCUSD today – 12th June, 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for June 12, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on BTCUSD today – 28th March 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for 28th March 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on BTCUSD today – 29th FEB 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for 29th February 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]