Bitcoin (BTC) price remains devoid of directional bias, trading sideways as part of a horizontal chop.
Bitcoin could benefit from US fiscal dominance and Trump winning, Standard Chartered says, citing loser regulation and spot ETF approvals. Hong Kong issuers told WuBlockchain that the government prohibits sale of virtual asset-related products to mainland Chinese. South Korea’s winning party to allow spot BTC ETFs within country’s borders in June. Bitcoin price is consolidating within a falling wedge pattern with a 20% target objective of $76K.
A steady move above $70,000 could precipitate a reclamation of the $73,777 peak, before completing the target objective of 20% to $76,116. In the meantime, Bitcoin price continues to conceal its directional bias, with the RSI still woven along the mean level of 50. Around the current price level, however, the spikes on the volume profile show that BTC bulls are defending against further downside.
SEO Cryptocurrencies Technical Analysis
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin down 20%+ from all-time highs — Is BTC price headed to $50K?While the current Bitcoin correction remains in line with historical price corrections, BTC is at risk of falling to $50,000 after losing the average ETF inflow mark at $59,000.
Read more »
Changes to TV schedule: 'Shark Tank' and '20/20' to air overnight on WFAADue to the Dallas Mavericks' game, 'Shark Tank' and '20/20' will not be airing on WFAA's main channel at their usual time. 'Shark Tank' will be broadcasted overnight on Saturday at 2:11 a.m. '20/20' is being preempted and will not be re-aired overnight on WFAA's main signal.
Read more »
WNBA star Brittney Griner opens up about harrowing Russian detention in exclusive '20/20' specialThe WNBA star shared her story in an exclusive interview with Robin Roberts.
Read more »
20 Of The Best Reddit Posts From This Week (13-20 April)'There was fake blood everywhere and someone had called an ambulance. Which was good, because we ended up needing it for my mum.'
Read more »
WNBA star Brittney Griner opens up about harrowing Russian detention in exclusive '20/20' special'I was just so scared for everything because there's so much unknown,' Griner told 'GMA' co-anchor Robin Roberts.
Read more »
WNBA star Brittney Griner opens up about harrowing Russian detention in exclusive '20/20' special'I was just so scared for everything because there's so much unknown,' Griner told 'GMA' co-anchor Robin Roberts.
Read more »