Tag: High

Bitcoin hits 2022 high as analyst gives new $80K BTC price target

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Bitcoin (BTC) gave $48,000 a second grilling on March 29 after a modest overnight correction provided a welcome respite from the upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader has “strong doubts” over crash below $30,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dipped to local lows of $46,900 before returning to crack $48,000 prior to March 29’s Wall Street open. The pair maintained support at the yearly open even while consolidating, fueling hopes that the 2022 trading range had been truly broken. Now, while acknowledging…

Terra LUNA hits new all-time high after 100% rebound from 2022 lows — Correction ahead?

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Terra (LUNA) rose to its best level to date on March 29 as the Luna Foundation Guard’s (LFG) plans to increase its Bitcoin (BTC) reserves eased anxiety about the impact of an increasingly hawkish Federal Reserve and the ongoing Ukraine-Russia war on crypto markets. LUNA price hits new record high above $106 LUNA’s price breached above the previous record high of $106.29 by minuscule margins, reversing the losses incurred during the selloff between December 2021 and January 2022. The latest price rally pushed Terra token’s net capitalization crossed $37.17 billion,…

Why NFT adoption is so high in South Korea

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South Korea’s reputation as a trend-setter and leader in technological research is quickly spilling into the blockchain realm as nonfungible token (NFT) adoption has skyrocketed in the small East Asian country. As of 2020, South Korea has been among the top-10 countries in the world in the Global Innovation Index by the World Intellectual Property Organization. That level of innovation is made apparent to global retail consumers by tech giants such as Samsung and LG and to gamers through game maker Krafton. Those companies, and many like them, are now…

Analysts say Bitcoin daily close above $48K opens a clear path to a new all-time high

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Cryptocurrency investors are in high spirits on March 28 as the week-long melt-up across the market extended another day with Bitcoin (BTC) rallying to $48,000 and Ether trading above $3,400. Data from Cointelegraph Markets Pro and TradingView shows that after a brief pause near support at $47,000 in early trading on Monday, an afternoon wave of buying helped lift BTC above $48,000 and bulls are identifying $52,000 as the next stop. BTC/USDT 1-day chart. Source: TradingView Here’s a look at what several market analysts are saying about this latest move…

BTC, ETH Close to 3-Month High to Start the Week – Market Updates Bitcoin News

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Bitcoin and ETH rallied on Sunday evening, as prices approached their highest level in almost three months. BTC climbed above $47,000, while ETH moved past the $3,300 point to start the week. Bitcoin Bitcoin started the week in strong fashion, with prices rising past $47,000 for the first time since the beginning of the year. On Monday, BTC/USD rose to an intraday high of $47,245, as prices rose to their highest point since January 2. Today’s move took place following the breakout of the $44,950 resistance level during Sunday’s session,…

Bitcoin Springs Past $46K to Hit 3-Month High

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Ether and most other major cryptos were also blooming. The second largest crypto by market cap followed a similar pattern to bitcoin on Sunday and was changing hands at over $3,250, its highest level since early February. Solana, Cardano and Avalanche, among other altcoins were well into the green. Popular meme coins Dogecoin and Shiba Inu, were up about 6% and 3% respectively. Original

Why Bitcoin Could Revisit The High $30K’s

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Bitcoin has broken $43,000 in a remarkable recovery journey that began at the start of the week. It has been a welcome change to the low momentum recorded in the market this past week. However, although the digital asset is doing well currently, there are still a lot of things that could pull it back down. One of the most prominent is the ability of the cryptocurrency to continue blasting through important resistance points. The Points To Beat Bitcoin remains the most valuable asset in the crypto space currently. This…