Bitcoin is trading at $70,426 per unit on March 10, 2026, after rebounding from an intraday low of $67,958 and briefly testing a session high of $71,220. The cryptocurrency’s market capitalization stood at $1.408 trillion with $54.48 billion in 24-hour trading volume as price action stabilized within a well-defined intraday range. Bitcoin Chart Outlook Price […] Original
Bitcoin price is trading around $70,700, up 3% over the past 24 hours, as President Donald Trump suggests a possible end to the Israeli and U.S. military campaign against Iran. The administration’s de-escalation rhetoric triggered an immediate reversal in global energy markets, sending West Texas Intermediate (WTI) crude plunging from overnight highs of $120 back to $85 per barrel. However, things might differ from Trump’s claims. The Iranian government has stated there are no ceasefire talks. Consequently, both crypto and stock markets appear to be slowing down, awaiting ceasefire confirmation…
Ether (ETH) has dropped roughly 65% against Bitcoin (BTC) since Ethereum’s 2022 shift to Proof-of-Stake (PoS), casting doubt on the network’s “ultrasound money” thesis. Key takeaways: ETH/BTC three-day performance chart. Source: TradingView Ether’s ultrasound money narrative disappoints The idea behind “ultrasound money” was that Ether would become even scarcer than Bitcoin. Supporters argued that Ethereum’s 2021 EIP-1559 upgrade, which began burning a portion of transaction fees, combined with the sharp decline in new ETH issuance following the 2022 Merge, would make Ether deflationary over time. ETH’s new annual supply rate…
Bitcoin price is eyeing a technical breakout from an ascending parallel channel pattern as institutional demand returns for the bellwether asset. Summary Bitcoin price is trading within a bullish continuation pattern that hints at more upside over the coming sessions. Bitcoin ETFs hit a weekly inflow streak for the first time in 5 months. According to data from crypto.news, Bitcoin (BTC) price rose 4.2% in the past 24 hours, trading at $70,197 at press time. Now, charts suggest Bitcoin could see more recovery over the following sessions. On the daily…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Ethereum price started a recovery wave from the $1,920 zone. ETH is now back above $2,000 and might aim for more gains in the near term. Ethereum started a recovery wave above the $2,000 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,050 zone. Ethereum Price Aims Higher Ethereum…
Bitcoin price started a recovery wave from the $65,500 zone. BTC is now consolidating and might aim for more gains above $69,500. Bitcoin started a decent recovery wave above the $67,500 zone. The price is trading above $68,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance at $69,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $68,500 and $68,000 levels. Bitcoin Price Starts Recovery Wave Bitcoin price…
Bitcoin’s rally back to the mid-$73,000 region did not last long as the leading cryptocurrency’s price action reversed as the week came to a close and fell back around $67,000 after momentarily regaining momentum last week, pulling Ethereum down with it till the ETH price also lost the $2,000 price level. However, the pullback of these leading cryptocurrencies is the product of a few forces colliding at once: a war nobody fully priced in and institutions quietly heading for the exits. Here is what happened. Spot Bitcoin ETFs: From Boosting…
Bitcoin rallied at the start of the week, reaching an intraday high of $69,497 despite broader market declines driven by rising oil prices, now exceeding $100 per barrel. Global Equities Hemorrhage Amid Energy Crisis Mirroring its performance on March 2, bitcoin ( BTC) kickstarted the workweek with a defiant rally, even as global equity markets […] Original
Bitcoin price rallies into channel resistance near $69,150. A rejection here could signal a bull trap and open the door for a rotation toward lower support near $56,000. Summary Key Resistance: Bitcoin testing descending channel resistance near $69,150. Bull Trap Risk: Failure to break higher could confirm a bearish retest. Downside Target: Potential rotation toward $56,000–$58,000 support if rejection occurs. Bitcoin (BTC) price action is currently approaching a critical resistance level that may determine the next major move in the market. After a recent recovery rally, BTC is now testing the upper boundary of a descending…