Bitcoin is technically still in a bearish trend. It is down by more than 30 percent since the 2019 yearly high when it surpassed $13,000. This month will decide whether BTC enters a new extended bull market or falls back into a bear market.It all depends on the monthly close of bitcoin on January 31,…
Ever since Bitcoin investors got a taste of parabolic price appreciation in 2019, which saw BTC gain 330% in some four months, they’ve been craving it, evidenced in the incessant flow of lofty predictions on Crypto Twitter.Related Reading: Watch Out, This New Bitcoin Scam Is All Over YoutubeWhile this dream of another parabolic rally was fleeting…
Aside from Bitcoin, there’s almost no other crypto asset that has been talked about as much as the Satoshi Vision fork (BSV) over the past week. The past seven days for the now-fifth largest cryptocurrency by market capitalization have been rather tumultuous, with the cryptocurrency starting the week off flat to explode higher from just…
Over the past seven days, Ethereum (ETH) has exploded higher, gaining 20% according to price data from Coin360. This meant that it outperformed Bitcoin (BTC), which gained 9% within the same time period.ETH has actually underperformed a swath of other altcoins, some of which saw massive parabolic rallies in the span of a few days:…
Since early-2018’s market crash, crypto investors have been waiting for altcoins, digital assets that are not Bitcoin (BTC), to surge higher. Unfortunately for these investors, this hasn’t happened yet, with Bitcoin’s dominance rallied from 33% to a high of 71% last year in 18 months’ time, surging on the deaths of altcoin projects.But, it appears…
After two days of crypto market consolidation in the high-$8,000s, Bitcoin (BTC) just broke 3% higher from the $8,700 range equilibrium to tap the key $9,000 psychological and technical resistance on Binance and other top exchanges for the first time in just over two months.Since hitting $9,000, the crypto asset has paused, retracing to $8,950…
Ethereum found support near the $158 level and started a fresh increase, similar to bitcoin. ETH is gaining momentum and it could soon break the $170 resistance.Ether price started a fresh increase after it found support near $158 against the US Dollar.Bitcoin price is also rising and trading nicely above the $8,650 level.Yesterday’s highlighted key…
Bitcoin struggled to break the $8,900 resistance on two occasions against the US Dollar. BTC price is showing a few bearish signs and it seems like it could decline towards $8,300 or $8,200.Bitcoin price is likely forming a double top pattern near the $8,900 resistance against the US Dollar.The price is down 3% and it…
Ripple is down more than 4% after it was rejected near $0.2450 against the US Dollar, similar to bitcoin near $8,900. XRP price is now approaching the key $0.2230 and $0.2200 support levels.Ripple price declined steadily after forming a short term top near $0.2451 against the US dollar.The price is down more than 8% from…
Ethereum rallied towards $170 and bitcoin jumped towards $9,000 before starting a downside correction. However, dips in ETH price remains supported near $158 and $155.Ether price started a downside correction the new 2020 high at $172 against the US Dollar.The price is currently trading below $165 and it could extend its decline.There is a major…