Tag: 78K

Bitcoin price eyes $78k, confirms rejection from key pivot

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Bitcoin price confirmed a firm rejection from the key $94,000 pivot, shifting momentum and increasing the probability of a move toward the next support at $78,000. Summary Rejection at $94,000 confirms the channel high as strong resistance. Market structure shows another lower high, signaling continued bearish control. Next major downside target sits at $78,000 to $78,430, aligned with high-time-frame support. Bitcoin (BTC) is entering a deeper corrective phase after failing to break above the critical $94,000 resistance zone throughout the week. Several attempts to reclaim this level resulted in immediate…

Bitcoin nears $78K lows as US stocks dive at the Wall Street open

Bitcoin (BTC) sought a rematch with multimonth lows on March 10 as familiar selling accompanied the start of Wall Street trading. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price sags closer to new four-month lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD down around 4% on the day to reach $79,170 on Bitstamp. Weakness into the weekly close continued as risk assets across the board suffered a flight to safety. Stocks fell substantially at the open, with the S&P 500 and Nasdaq Composite Index down 2% and 3.5%, respectively.…

Bitcoin trader eyes $78K BTC price retest as US seen delaying reserve

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Bitcoin (BTC) retreated from above $90,000 at the March 5 Wall Street open amid mixed signals over the US strategic reserve. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Senator: US Bitcoin reserve lacks support Data from Cointelegraph Markets Pro and TradingView showed whipsaw BTC price action continuing as part of broader risk-asset volatility. Geopolitical events maintained a firm grip on market performance, with stocks and crypto sensitive to developments over US trade tariffs and the reserve. The latter appeared to get the green light earlier on the day as US Commerce Secretary…

BitBoy unexpectedly dumps BEN meme token stash for $78k

Ben Armstrong, the YouTube influencer also known as BitBoy, has sold his BEN tokens for 43 ethereum (ETH) less than a week after telling followers that he was committed to holding them for six months to make critics “dumb again”. BitBoy dumps BEN On-chain data from May 17 shows that the influencer, who rose to fame on YouTube, where he has over 1 million followers, offloaded all his BEN holdings in a series of transfers on May 17.  He earned roughly 43 ETH from his transactions, worth roughly $78,000 at current rates.…