Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis.

SUPPORT & RESISTANCE

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Last updated: Mar 8, 2024

Bitcoin tagged a fresh all-time high mid-afternoon before turning sharply lower as sellers sent the market spiraling lower. The tagging of the ATH saw a wave of sellers appear with market commentary suggesting that selling by recent leveraged long positions accelerated the move lower. Currently, Bitcoin is within yesterday’s trading range, but a break and open below yesterday’s low at $62.3k may see the market sell off further. On the positive side, demand from Bitcoin ETF providers remains strong, underpinning BTC, while the recent bullish pennant pattern remains intact and suggests higher prices.

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