Bitcoin price started a fresh upward move above $103,200. BTC is now correcting gains and might revisit the $102,000 support zone. Bitcoin started a decent upward move above the $103,200 zone. The price is trading above $103,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $103,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $102,000 zone. Bitcoin Price Recovers Above $102,000 Bitcoin price started a decent increase above the $101,500 resistance zone . BTC was able to surpass the $102,200 and $103,200 resistance levels to move into a positive zone. It even cleared the $104,500 resistance zone. The pair settled in a positive zone and now faces hurdles near the $106,500 zone. A high was formed at $106,414 and the price is now correcting gains. There was a move below the $105,000 level. It is now testing the 23.6% Fib retracement level of the upward move from the $97,688 swing low to the $106,414 high. Bitcoin price is now trading above $103,000 and the 100 hourly Simple moving average. There is also a key bullish trend line forming with support at $103,500 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $105,500 level. The first key resistance is near the $106,500 level. The next key resistance could be $107,000. A close above the $107,000 resistance might send the price further higher. In the stated case, the price could rise and test the $108,800 resistance level. Any more gains might send the price toward the $110,000 level. Another Decline In BTC? If Bitcoin fails to rise above the $105,000 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $103,500 level. The first major support is near the $102,500 level and the 50% Fib retracement level of the upward move from the $97,688 swing low to the $106,414 high. The next support is now near the $102,000 zone. Any more losses might send the price toward the $100,500 support in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $103,500, followed by $102,500. Major Resistance Levels – $105,500 and $106,500.
The US securities regulator has given the initial nod to Bitwise’s ETF tracking Bitcoin and Ether, weighted according to their relative market capitalizations.
In a significant declaration on January 31, former US President Donald Trump outlined his stance on the economic dynamics involving BRICS nations. He emphasized that countries within this bloc should
A low-cost solo mining rig recently mined a Bitcoin block, securing a $330K prize, but with an added twist involving community support. This event illustrates the evolving nature of mining,
A low-cost solo mining rig was used to mine a Bitcoin block on Wednesday, though they secured the $330K prize with a little help.
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Kraken has relaunched onchain staking for U.S. clients, offering 17 crypto assets through Kraken Pro. The move expands access amid evolving crypto rules. Kraken Relaunches Staking for US Traders—Here’s What’s Different This Time Kraken has introduced an onchain staking service for U.S. clients in 37 states and two territories through Kraken Pro. The company said
On January 31st, COINOTAG News reported that Circle has expanded its cross-chain transfer protocol (CCTP) to include Aptos. This development enables users and developers to securely transfer USDC across ten
Crypto enthusiasts have been buzzing with excitement over the latest trends in the market. Some coins have skyrocketed, while others have taken a backseat. Litecoin, once a promising contender, has seen its potential fade as newer, more innovative projects take the spotlight. If you’re an investor who missed the Litecoin train, you’re probably wondering what’s next—something with that same potential for growth but even more upside. That’s where Qubetics comes into play. Qubetics, a game-changing project that’s still in its presale stage, promises to revolutionize the crypto world in ways Litecoin never could. Its unique approach to real-world asset tokenization and decentralized VPN services has analysts buzzing about its future, predicting massive returns for early investors. While Litecoin has had its moment, the opportunity to get in on Qubetics is still very much alive. Let’s dive into why Qubetics is the popular crypto coin to buy right now , especially if you missed out on Litecoin. Litecoin: A Missed Opportunity? When it comes to popular crypto coins to buy, Litecoin has been a household name for years. It’s often dubbed “the silver to Bitcoin’s gold,” and for a good reason. Litecoin has a solid track record of transaction speed, security, and stability. Many saw it as a top alternative to Bitcoin, mainly due to its lower transaction fees and faster confirmation times. However, despite its longevity in the crypto world, Litecoin’s price has remained relatively flat compared to the explosive growth of newer coins. Sure, Litecoin has had its moments of growth, but if you look at its performance over the past few years, it doesn’t have the same hype or wild potential that other coins have been delivering. Analysts are predicting modest gains, with some suggesting that Litecoin could hit around $500 in the future. 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Qubetics allows businesses, professionals, and individuals to tokenize real-world assets and make them accessible to a global pool of investors. For example, let’s say you’re a small business owner who owns a luxury car dealership. With Qubetics , you can tokenize a portion of your business—turning that equity into a digital asset—and sell it to investors from around the world. This opens up new funding opportunities and allows you to raise capital quickly without the usual bureaucratic red tape. Another scenario: imagine being a property investor who has always wanted to own shares of high-end real estate but has never had the means to do so. With Qubetics, you could purchase tokenized shares of luxury properties and earn returns without the huge upfront costs. And it’s not just businesses that benefit—individuals are going to be able to tokenize their assets, whether that’s through luxury goods or intellectual property, and access a new stream of income. The possibilities are endless. Conclusion: If you missed out on Litecoin, don’t sweat it—you still have an incredible opportunity with Qubetics. With its game-changing technology and massive potential for growth, Qubetics is the popular crypto coin to buy now for anyone looking to make a big impact on their portfolio. The presale is in its final stages, so now’s the time to hop in before prices explode. The future of crypto is here, and it’s Qubetics—get in while you can. Call to Action: Don’t wait around—head over to Qubetics’ official site and grab your $TICS tokens today. Time is ticking, and the opportunity to secure massive returns is slipping away fast. Make your move now, and don’t miss out on the next big thing in crypto. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics The post Litecoin Was a Missed Opportunity, But Qubetics Is Still Here: The Popular Crypto Coin To Buy appeared first on TheCoinrise.com .
The crypto industry claims Operation Choke Point 2.0 has ended with Biden's administration. Industry leaders seek to improve access to banking services post-operation. Continue Reading: Crypto Industry Celebrates End of Operation Choke Point 2.0 The post Crypto Industry Celebrates End of Operation Choke Point 2.0 appeared first on COINTURK NEWS .