The post Bitcoin Price Hits Critical Resistance Level at $67,500: Analysis appeared on BitcoinEthereumNews.com. The Bitcoin (BTC) price has reached the critical golden ratio resistance at around $67,500. BTC has been up roughly 10% in the last four days. However, Bitcoin is now encountering significant resistance. Will this lead to a bearish rejection for BTC? […]

The post Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher appeared on BitcoinEthereumNews.com. Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish momentum. Optimism Sees Higher Activity And Rising […]

The post Could Arbitrum Price Reach $2 Mark? appeared on BitcoinEthereumNews.com. The Arbitrum Daily Chart underlines that price control was in bears’ hands, as it failed to reach previous swing highs and decayed at a constant pace. Also, it has been stumbling below the 20-day EMA.  However, the price structure was close to the demand […]

The post Bitcoin’s Bull Run Ending? Experts Weigh In on BTC’s Future Trajectory appeared on BitcoinEthereumNews.com. Exploring the current state of Bitcoin, recent developments suggest a sustained bull market phase. Insights from CryptoQuant CEO Ki Young Ju predict the continuation of this trend until approximately April 2025. “We are only looking at upward targets now,” […]