Bitcoin was steady on Tuesday as traders absorbed days of mixed signals over the state of trade relations between the US and China. The benchmark cryptocurrency shed about $280, or 2.37 per cent, off its rate as of 11:30 UTC. It dropped to a session low of $10,361.65 on San Francisco-based Coinbase exchange, erasing gains…
Bitcoin price action over the weekend has been a virtual nail biter. The leading crypto by market cap, teetered on the edge of support for much of the weekend as bulls were able to successfully defend bears from pushing the price to retest lows at $9,200. But despite the valiant effort from bulls, bears were…
Bitcoin has been on a bull run since the start of 2019, after bottoming in December 2019. Momentum picked up with a $1,000 candle in April and the crypto asset was off to the races ever since. But now the race appears to be coming to an end, and Bitcoin could cross the finish line…
Bitcoin price has struggled to regain the same powerful bullish momentum it had starting in April through July, but crypto bulls also haven’t given up the fight and have managed to keep Bitcoin price from falling far below $10,000. But that fall deep below $10,000 may be coming sooner than expected if the weekly MACD…
Bitcoin and altcoins are forming a strange correlation as of late, according to data provided by market analyst Ceteris Paribus. The noted cryptocurrency trader found that leading altcoins plunged massively every time bitcoin tested or hinted to check the $10,000 level. Between June and August 21, bitcoin closed above the $10,000 mark four times. And…
Throughout much of 2018, support at $6,000 acted as the absolute Bitcoin price floor, with each time bears pushed the price of the first-ever crypto-asset down to the range, it would reverse and rally – only to stop short of ever setting a new higher high. But in November, the unthinkable happened and took Bitcoin price…
Bitcoin price has been trapped in a symmetrical triangle for weeks now, bouncing back and forth between the top and bottom resistance and supports, making increasingly lower peaks and higher troughs, but breaking news surrounding Bakkt may have just ended any bearish pressure for the time being. Just as Bitcoin was flirting with a potential…
Bitcoin price has been rallying throughout 2019, and most believe that the crypto asset is about to embark on its greatest bull run yet. As global economic tensions and uncertainty rise, so does the price of gold and its digital counterpart Bitcoin. The rise has only further driven Bitcoin’s safe-haven asset narrative, suggesting it’s the…
After spending the best part of the past week consolidating, Bitcoin took a turn south over the weekend. On the bright side, the king of crypto registered its highest weekly close for over a year. Will it lead to further gains? Highest Weekly Candle for 18 Months Today’s Asian trading session has been the complete…
Bitcoin price action has turned bullish in anticipation of its upcoming halving since the start of 2019, and the leading crypto asset by market cap has only recently started to take a pause to consolidate on weekly price charts. Weekly resistance at $11,500 continues to play an important price level to beat, while bears have…