Just minutes ago as of the time of this article’s writing, Bitcoin exploded past $10,000 after a nearly-10% correction that brought the asset to $9,500.The cryptocurrency has yet to register a multi-hour or daily candle close above this level, though analysts say this latest break of the psychological $10,000 resistance is a likely precursor to…
On Monday, for the third or fourth day in a row, the price of Bitcoin continued to correct lower. The cryptocurrency, at its worst on Monday, fell to $9,500 — just under 10% under the $10,500 peak seen the prior week.Despite the strong retracement, there have been a number of cryptocurrency investors and traders suggesting…
Over the past week, Bitcoin has been on an absolute tear, rallying by 8.7% in the past seven days, per data from Coin360. The price of the leading cryptocurrency’s latest rally has been marked by BTC ripping past key price points in the $9,000s, then most recently decisively taking the psychological $10,000 level.Although already impressive, analysts…
Just minutes ago as of the time of this article’s writing, Bitcoin just hit $10,000 for the first time since November. BTC’s breaking of this key psychological and technical resistance level comes after a few days of the cryptocurrency slowly grinding higher.While the cryptocurrency has yet to make a daily or weekly close above $10,000,…
Over the past month, Bitcoin (BTC) has absolutely exploded higher. In fact, the cryptocurrency is up around 40% since the low of $6,400 put in during December of last year.While many analysts have said that this jaw-dropping rally constitutes a macro reversal that will thrust BTC back into a decisively bullish phase, some aren’t so…
Earlier this year, in late-September, prominent Bitcoin analyst FilbFilb posted this chart below, showing that he expects for BTC to jump by dozens of percent to near $10,000, then collapse to the low-$6,000s to interact with the “miners bottom range.”While some laughed this off as pure bearish sentiment at the time, FilbFilb’s prediction was proven…