Browsing: Bitcoin

Bitcoin price rebounded about 6% over the past 24 hours to trade near $81,300, with a short squeeze and improving technical momentum carrying the price to its highest level in two weeks. Bitcoin price recovered from below $77,000 and climbed past $81,000 within 24 hours. The 4-hour Supertrend flipped bullish, with support now near $78,677.…

Glenn C Williams Jr, CMT is a Crypto Markets Analyst with an initial background in traditional finance. His experience includes research and analysis of individual cryptocurrencies, defi protocols, and crypto-based funds. He has worked in conjunction with crypto trading desks both in the identification of opportunities, and evaluation of performance.

Following the Federal Reserve’s first interest rate hike since 2023, Bitcoin and gold prices initially fell but have since stabilized. Investors anticipate two additional rate hikes in October and December 2026, which could strengthen the dollar and pressure these assets lower. Bitcoin is consolidating between $76,000 and $80,000, defending key support levels despite selling pressure…

Bitcoin price stabilized above $76,000 after buyers defended the $75,000 area, while improving 4-hour momentum and nearby liquidity at $77,000 pointed to a possible short-term rebound. Bitcoin recovered to $76,362 after falling toward $75,000 during the latest sell-off. The daily price remains below the Bollinger Band midpoint at $78,028. 4-hour MACD momentum improved, but the…