Bitcoin Minute 3/18/2024

Submitted by Joey Wagner on Tuesday, March 19, 2024 - 05:28.

In this week’s episode, we discuss the prospects of Bitcoin correcting here or continuing higher and what is more likely. We also take another quick look at everyone’s favorite alt. coin (or at least mine) Solana.

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Previous reports

Rush to Safe Haven Assets Benefits Bitcoin

Thu, 04/02/2020 - 16:58

Bitcoin had quite a jump today with CME futures up over 10% at $6,870 as of 3 PM EST. Last night we had a jump in pricing that took Bitcoin futures up to $7,345.

How long will Bitcoin’s Resilience last?

Wed, 04/01/2020 - 18:20

Bitcoin futures closed down today by approximately 1.8% at $6,355. Today’s lower pricing took Bitcoin back below the .78% retracement at $6,342 which it was able to regain footing above in the last few minutes of trading.

Bulls have adamantly attempted to break out of the current range

Wed, 04/01/2020 - 02:02

Bitcoin futures on the CME are currently at $6,475 up 1.5% on the day as of 5 PM EST. However the high of today at $6,600 is very telling and suggests range bound trading is set to continue.