Bitcoin price is correcting gains from $28,400. BTC must stay above the $27,500 support to start a fresh increase in the near term. Bitcoin is correcting gains below the $28,000 support zone. The price is trading above $27,500 and the 100 hourly Simple moving average. There was a break below a major bullish trend line…
Bitcoin price is up 4% and trading above $28,000. BTC must clear the $28,500 resistance zone to continue higher in the near term. Bitcoin is gaining pace above the $27,500 and $27,800 resistance levels. The price is trading above $28,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming…
In a recent note, JPMorgan strategists have made a prediction, suggesting that Bitcoin (BTC) could soar and revisit its former trading price of $45,000 due to the rising price of gold. This prediction comes amid Bitcoin’s price action of a blend of bulls and bears in the past week. Meanwhile, over the past 24 hours,…
Bitcoin price is struggling to recover above the $26,650 resistance. BTC might start another decline if it stays below the $26,650 resistance zone. Bitcoin is consolidating below the $26,600 and $26,650 resistance levels. The price is trading below $26,650 and the 100 hourly Simple moving average. There is a major bearish trend line forming with…
Renowned financial guru, entrepreneur, and bestselling author of “Rich Dad Poor Dad,” Robert Kiyosaki, has once again made headlines with his latest Twitter remarks on the importance of Bitcoin in the face of growing US debt. As the US economy continues to deteriorate and the country’s debt ceiling discussions take center stage, Kiyosaki emphasizes the…
Bitcoin price is declining from the $27,500 resistance. BTC traded below $26,500 and now remains at risk of a drop toward the $25,500 support zone. Bitcoin is moving lower from the $27,400 and $27,500 resistance levels. The price is trading below $26,500 and the 100 hourly Simple moving average. There is a key bearish trend…
Bitcoin, the world’s largest cryptocurrency network whose coin, BTC, is the most valuable, seems to have been invaded by an unknown miner. And the community has the new guest on their radar. Unknown Miner Dominates In the last few hours, the entity has not only plugged into the network but has proceeded to mine several…
Bitcoin (BTC) has failed to hold onto gains over the past few weeks, giving back nearly all price increases shortly after they are made. According to crypto analyst and trader Daan Foppen, this phenomenon can be attributed to the outsized influence of futures markets on Bitcoin’s price action. Foppen notes that Bitcoin’s spot market, where…
Bitcoin price is struggling to clear the $27,500 resistance. BTC could attempt another increase if it stays above the $27,000 support. Bitcoin is still struggling to gain pace above the $27,400 and $27,500 levels. The price is trading above $27,000 and the 100 hourly Simple moving average. There was a break above a major bearish…
Bitcoin price is slowly moving higher above $27,000. BTC could start a strong increase if it clears the $27,200 resistance zone. Bitcoin is attempting a fresh increase above the $27,000 level. The price is trading above $27,000 and the 100 hourly Simple moving average. There is a crucial bearish trend line forming with resistance near…