Archive for Category: Cryptocurrency News

Bitcoin trades closer to day’s low

Sellers remain in control Theprice of bitcoin moved lower after Chinacontinues to put the pressure on crypto mining. Thelow reach $31,700. Looking at the hourly chart, the lows did dipped below alower channel trend line (currently at $32,080), butwas not able to extend toward the earlier June low price...

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Bitcoin trades down 6% on the day

The price remains below the 200 day moving average above and above a key retracement level below The price ofbitcoin is ending Friday on a down note. The price is currently down around $2300 or 6.04% at $35,483. The low price just reached $35,153.16. Looking at the daily chart,...

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Bitcoin falls to the lows of the day

Crypto also feeling the volatility today Bitcoin rose as high as $39,554 today but is now at a session low at $37,710. That’s the lowest since Elon Musk gave it another lift on Sunday. Unlike some commodity markets, bitcoin is comfortably within recent ranges. I worry though that the...

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