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Adjustment of Delivery Contract Profit Percentage on Our Trading Platform
Announcement on the Upgrade of Close Position Function for Contracts
About the Shapella Upgrade on the Ethereum Network
Security Announcement Regarding Preventing Phishing and Fraudulent Messages
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BTC
/USDT
1.18%
41,736.90

ETH
/USDT
0.28%
2,231.25

XRP
/USDT
0.85%
0.62400

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name
Last Price
24H Chg%
BTC
/USDT
2890796.01K
41,736.90
≈$41,736.90
+1.18%
ETH
/USDT
2888059.17K
2,231.25
≈$2,231.25
+0.28%
BCH
/USDT
2882397.02K
233.10
≈$233.10
+1.17%
ETC
/USDT
2894238.94K
20.340
≈$20.340
+0.89%
DOGE
/USDT
2895467.55K
0.09632
≈$0.09632
+2.29%
LTC
/USDT
2877834.08K
73.130
≈$73.130
+0.63%
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News
Bitcoin Price Recovery
2023-05-03 20:57:00
    Bitcoin, the world’s largest cryptocurrency, has seen a tumultuous few
months. After reaching an all-time high of nearly $65,000 in April 2021, the
digital currency suffered a massive sell-off and saw its price plummet to around
$30,000 in mid-May. However, since then, Bitcoin has been slowly but steadily
recovering and is currently trading above $29,000. In this article, we will
discuss the factors that could influence Bitcoin's price in the near future and
make a Bitcoin price prediction.




    Bitcoin's recent recovery is a welcome relief for the cryptocurrency
community.The price of BTC is currently trading above the $28,800 resistance
zone, and the bulls might soon aim for a move toward the $30,000 resistance.
There was a break above a key contracting triangle with resistance near $28,700
on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could
rise further and revisit the $30,000 resistance zone.




    Bitcoin price remained well-bid above the $28,000 support zone, and it
started a decent recovery wave above the $28,500 resistance zone. It even broke
the $28,800 resistance after the Fed announced another rate hike from 5% to
5.25%. The pair is now trading above $28,800 and the 100 hourly Simple moving
average.

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