Bitcоin

Is Bitcoin Price Heading to $55K? New Whales Emerge as Short-Term Holders Offload BTC

13.05.2024

This week, Bitcoin price exhibited significant volatility, oscillating around the crucial $60,000 psychological mark. On Sunday, the BTC price surged by 1.3%, buoyed by robust demand liquidity at the 100-day EMA, which acted as dynamic support. Despite this uptick, the short-term outlook remains bearish, characterized by a falling wedge pattern on the daily chart. The persistent pressure from the overhead trendline continues to drive the asset’s downward trajectory.

Source

Click to rate this post!
[Total: 0 Average: 0]
13.05.2024
Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

  • bitcoinBitcoin (BTC) $ 76,318.00
  • ethereumEthereum (ETH) $ 2,949.30
  • tetherTether (USDT) $ 1.00
  • usd-coinUSDC (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.199571
  • cardanoCardano (ADA) $ 0.441366
  • tronTRON (TRX) $ 0.161802
  • chainlinkChainlink (LINK) $ 13.28
  • bitcoin-cashBitcoin Cash (BCH) $ 374.40
  • leo-tokenLEO Token (LEO) $ 6.43
  • litecoinLitecoin (LTC) $ 71.95
  • daiDai (DAI) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 20.37
  • stellarStellar (XLM) $ 0.101885
  • moneroMonero (XMR) $ 163.66
  • crypto-com-chainCronos (CRO) $ 0.109555
  • blockstackStacks (STX) $ 1.67
  • okbOKB (OKB) $ 40.30
  • hedera-hashgraphHedera (HBAR) $ 0.051659
  • cosmosCosmos Hub (ATOM) $ 4.63
  • vechainVeChain (VET) $ 0.022255
  • makerMaker (MKR) $ 1,507.30
  • kucoin-sharesKuCoin (KCS) $ 10.53
  • theta-tokenTheta Network (THETA) $ 1.21
  • gatechain-tokenGate (GT) $ 9.06
  • algorandAlgorand (ALGO) $ 0.126207
  • matic-networkPolygon (MATIC) $ 0.374987
  • neoNEO (NEO) $ 10.27
  • eosEOS (EOS) $ 0.468797
  • zcashZcash (ZEC) $ 44.89
  • tezosTezos (XTZ) $ 0.664155
  • tether-goldTether Gold (XAUT) $ 2,702.12
  • havvenSynthetix Network (SNX) $ 1.61
  • true-usdTrueUSD (TUSD) $ 0.999252
  • iotaIOTA (IOTA) $ 0.120710
  • bitcoin-goldBitcoin Gold (BTG) $ 23.84
  • holotokenHolo (HOT) $ 0.001786
  • dashDash (DASH) $ 23.66
  • 0x0x Protocol (ZRX) $ 0.331874
  • zilliqaZilliqa (ZIL) $ 0.014603
  • siacoinSiacoin (SC) $ 0.004689
  • enjincoinEnjin Coin (ENJ) $ 0.152051
  • ravencoinRavencoin (RVN) $ 0.017861
  • qtumQtum (QTUM) $ 2.43
  • basic-attention-tokenBasic Attention (BAT) $ 0.169127
  • decredDecred (DCR) $ 12.73
  • ontologyOntology (ONT) $ 0.184004
  • nemNEM (XEM) $ 0.016507
  • iconICON (ICX) $ 0.135866
  • liskLisk (LSK) $ 0.832632
  • nanoNano (XNO) $ 0.873637
  • numeraireNumeraire (NMR) $ 15.65
  • wavesWaves (WAVES) $ 1.12
  • paxos-standardPax Dollar (USDP) $ 1.00
  • digibyteDigiByte (DGB) $ 0.006209
  • statusStatus (SNT) $ 0.026131
  • hiveHive (HIVE) $ 0.191333
  • huobi-tokenHuobi (HT) $ 0.564040
  • steemSteem (STEEM) $ 0.176331
  • binance-usdBUSD (BUSD) $ 1.02
  • republic-protocolRen (REN) $ 0.036358
  • omisegoOMG Network (OMG) $ 0.254644
  • bitcoin-diamondBitcoin Diamond (BCD) $ 0.063957
  • bytomBytom (BTM) $ 0.004104
  • kyber-networkKyber Network Crystal Legacy (KNCL) $ 0.464964
  • husdHUSD (HUSD) $ 0.026872