NFT News Today TheBittimes.com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bitcoin (BTC) is trading at $112,851, down 5.98% on the weekly chart. The move marks its lowest point in three weeks and extends a sharp reversal from the all-time high of $124,457 set on August 14, leaving the cryptocurrency down 9.3% from last week’s peak. BTC has broken below its 1D 50-day moving average (MA) for the first time in two months, triggering short-term jitters, though it remains comfortably above the 200-day SMA. The daily Relative Strength Index (RSI) has fallen to 40, a level that marked major lows in both August and June.  Despite the pullback, according to cryptocurrency analyst TradingShot , Bitcoin’s current structure resembles a fractal (a recurring chart pattern that mirrors previous phases in price and momentum) from its 2020 cycle. In fact, both the RSI and price action now look similar to late 2020, when BTC began its steep climb. BTC 2024 vs 2020 sequence. Source: TradingShot/Tradingview Back then, BTC’s rebound set the stage for its ...

Bitcoin is trading at the $118,700 level on Monday after hitting an all-time high of $122,838 last week. It is down 3.3% from its ATH and Bitcoin could rally in the charts as its price is being concentrated. BTC is attracting heavy buying pressure with institutional clients taking entry positions worth millions of dollars. The development is pushing BTC upward in value, making it a prime investment across the financial sector. Also Read: US Gov: ETH, BTC, ADA Are “Mature”—Ethereum to Rally $4K? Bitcoin’s Next Rally: Projected To Reach $130,000 Source: Watcher Guru Alexander Zahnd, the interim CEO of Zilliqa, said that if Bitcoin continues the rally, its next target could be $130,000. “Bitcoin’s move above $120,000 isn’t just another milestone. It’s a signal that crypto has entered a new phase where institutional confidence is driving consistent demand. What stands out this time is the quality of the rally. It’s spot-driven, not built on leverage, and it’s unfolding in a rela...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The Dogecoin (DOGE) market has been on a downtrend for a while now. Despite surging by over 300% throughout 2024, the OG meme coin struggled to keep up this year. The asset started 2024 on a rather challenging note as it dipped by nearly 5% since the beginning of January. Along with its price DOGE’s social activity also plummeted. The chatter around the meme coin seems to be depleting but analysts reveal that this might be bullish. Also Read: Trump’s NFTs Make History: First-Ever Launch on Bitcoin Network! Dogecoin Endures Massive Dip Source: Watcher Guru During the time of writing, Dogecoin was trading at $0.3344. This comes after a staggering 5% dip over the past 24 hours. The latest drop pushed DOGE further away from its all-time high of $0.7376. The meme coin is currently 54% below this peak. Source: CoinMarketCap The trading volume of the asset also recorded a drop. Dogecoin’s 24-hour volume was at $3.72 billion after witnessing a 36% plunge. According to prominent firm...