Bitcoin Nov. 29 daily chart alert - Sideways trading slightly favors bulls

bitcoin crypto Cryptocurrencies Bitcoin Nov. 29 daily chart alert - Sideways trading slightly favors bulls

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

- Bitcoin-U.S. dollar prices are firmer in early U.S. trading Tuesday. The BC bulls have stabilized prices since they hit a two-year low last week. The BC bears still have the overall near-term technical advantage. However, the recent sideways price action on the daily chart very slightly favors the bulls, to begin to suggest that a near-term market bottom is in place. Stay tuned right here!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

KitcoNewsNOW /  🏆 13. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Nov. 28 daily chart alert - Quieter cryptos amid geopolitical uncertainty
Read more »

Bitcoin ‘Millionaire’ wallets are going down: Is it a thing to worry about?As the number of Bitcoin millionaires dropped by 80% annually, they are becoming an increasingly rare breed. There are currently just 23,000 BTC wallets with a balance worth $1 million or more, according to the most recent data from on-chain analytics company Glassnode. There were 23,245 BTC wallets with a balance of more than $1 […]
Read more »

Bitcoin [BTC] retail investors embrace the crypto winter while whales shy awayBitcoin retail investors have been constantly showing interest in BTC However, velocity, volume, and daily activity continued to decline Bitcoin holders, who have been on the receiving end of selling pressure, could have some reasons for optimism in the coming future. According to a recent update by crypto analytics firm Glassnode, retail investors have been […]
Read more »

Bitcoin pulls back to support at $16,200 as unrest in China rattles global marketsGlobal financial markets fell under pressure on Monday as China’s zero-COVID policy has sparked a wave of unrest that is pushing traders in the market to de-risk.
Read more »

Bitcoin [BTC] analyst says bears are not done yet because…The bottom might not be in, as an analyst opined that the bear market could last longer than projected There could be short-term respite due to the indication of a bullish crossover “Bitcoin [BTC]‘s bottom is close” has been the order of the day since the king coin traded at a price of $15,800. However, […]
Read more »

Are BTC HODLers losing faith in exchanges? Recent data suggests…Bitcoin HODLers remove their BTC from exchanges Miners continue to face pressure; however, retail and whale investors start showing an interest in BTC Santiment, in a new tweet dated 27 November, stated that Bitcoin HODLers were switching to self-custody and moving their BTC away from exchanges. At the time of the tweet, only 6.95% of […]
Read more »