Bitcoin Again Bounces Off 'Cloud' Support; Resistance at $42.6K

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

bitcoin suffered a fast plunge early Sunday evening, but the popular Ichimoku cloud support around $37.6K held once again. The bear trend, however, remains firmly in place. godbole17 reports.

Bitcoin defended critical price support early Monday, staving off a major technical breakdown that may have emboldened bears.

The featured image shows the cloud has consistently acted as a support in recent weeks. As such, a breakdown early today could have invited more substantial chart-driven selling pressure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trading Support and ResistanceGet our trading strategies with our monthly \u0026 weekly forecast of currency pairs worth watching using support \u0026 resistance for the week of March 14, 2022.
Source: Daily_Forex - 🏆 567. / 51 Read more »

Stripe Brings Back Crypto Support After 4 Years — Says 'Crypto Is Going Mainstream' – Featured Bitcoin NewsPayment giant Stripe has brought back cryptocurrency support after 4 years. The company now says, 'crypto is going mainstream.' bitcoin $BTC Who else thinks shiba and doge are all downhill from here? It is time for CorgiCoin stripe I want to see hathor and iota support. Instant fee free payments. Good day for crypto holders I guess. I hope to see tether payments here someday.
Source: BTCTN - 🏆 531. / 51 Read more »

Artists and Activists Turn to NFT Sales to Support the Ukrainian People – Metaverse Bitcoin NewsNFTs are showing the brighter side of humanity as real support transcends the boundaries of nations and reaches Ukraine through the metaverse. In light of be careful btc will reach 18,180$ GOD bless all of you guys are 👍🙏❤️🌎🏹🏹🏹🏹🏹🏹🏹🏹🏹🏹🏹 You can earn up to 80% -500% returns daily trading on spot and futures with our daily profitable signals To join our free Group on telegram click on link Always win
Source: BTCTN - 🏆 531. / 51 Read more »

Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $2,550 to Start the Weekend – Market Updates Bitcoin NewsEthereum was once again trading close to its support of $2,550 on Saturday, as crypto markets continue to consolidate. We are happy to announce that PayBolt is one of the top 30 companies that have completed the KYC processed audit with Certik CertiKTech This will add more legitimacy to the business and build more trust among the investors. PaymentGateway Eth has been moving forward.
Source: BTCTN - 🏆 531. / 51 Read more »

Bitcoin Whales in Uncertainty as BTC Fails to Hold Above $40,000Bitcoin (BTC) large- and small-sized holders have chosen different strategies as Bitcoin (BTC) struggles to defend crucial $39,000 level ecoinometrics
Source: Utoday_en - 🏆 295. / 63 Read more »