Cryptocurrency News & Market Updates

Chart Decoder Series: Donchian Channels: How Traders Spot Breakouts 
Chart Decoder Series: Donchian Channels: How Traders Spot Breakouts 

Bitcoin has rebounded from its late June lows, climbing back above $64,000 even as the Bitcoin treasury company Strategy, began monetising part of its Bitcoin holdings. At the same time, ETF inflows have slowly returned after June’s record outflows, helping the market absorb the additional supply surprisingly well. With Bitcoin now trading below the $64,500-$65,000 resistance zone, traders are watching closely for the first signs of a decisive breakout.

Jul 14, 20269 min read