English < Article List - DigitalToday

Search results for Filbfilb

Crypto

Bitcoin resilience after 4 percent Nasdaq drop rekindles $90,000 target scenario

Bitcoin rebounded 6.5 percent to $62,950 after holding the psychological $60,000 level, drawing attention after the Nasdaq Composite fell more than 4 percent. Filbfilb said bitcoin is holding above its 200-week simple moving average near $61,880, a level linked to past market bottoms. If support holds, the 50-week average near $92,630 is cited as an upside target. Analysts also flagged further Nasdaq downside risks.

Crypto

Bitcoin rebound does not mean safe, $50,000 is real bottom

Bitcoin has staged a short-term rebound, climbing about 3 percent in a day to regain $71,000, roughly 20 percent above last week’s 15-month low. But scepticism remains about whether the recovery can last ahead of the weekly close. Analysts pointed to patterns resembling the 2022 bear market and warned of further downside if key moving averages are not reclaimed. U.S. spot bitcoin ETFs were also cited as a burden.