Category: Cryptocurrency news

Bitcoin Price Clings to $82,800 as the Next Breakout Remains Elusive

Bitcoin’s $82,800 Standoff Leaves Bulls Facing a $84,400 Wall Bitcoin’s price spent Saturday morning hovering around $82,800, caught between an improving short-term recovery and stubborn resistance that continues to frustrate bulls. At approximately 7:52 a.m. Eastern time on Oct. 10, bitcoin traded at $82,816.39, with a market capitalization of $1.664 trillion and $21.33 billion in […]

Bitcoin Drawdown Analysis Maps a $74,500 Level if Losses Deepen

How the $74,500 Calculation Works The latest pullback has brought a $74,500 downside reference into focus, according to an analysis published by Cryptoquant on Oct. 9. Contributor MAC_D used the cryptocurrency analytics platform’s historical bull market corrections to compare declines during bull markets, periods of broadly rising prices. The analysis measured a decline from $87,027 […]