Bitcoin prices edged higher on Wednesday as traders pinned hopes on the ongoing stimulus talks and fresh guidance from the Federal Reserve. The flagship cryptocurrency rose up to 2.18 percent to $19,866, its best level in two weeks, after breaching above the previous resistance area between $19,500 and $19,600. The move uphill accompanied a spike…
Bitcoin is trading right around its former all-time high, and although a new record has been set, the crypto market has yet to see the fireworks that they had been expecting once here. Instead, a pseudonymous technical analyst says that what the market should be anticipating instead of a direct moonshot, is “consolidation” consisting of…
Bitcoin blasted from $10,000 to just under $20,000 in just a few months, sans any significant correction. And while sellers have been unable to shift the bullish momentum thus far, increased whale activity has one top crypto quant analyst warning investors not to buy the “dip.” Here’s why the opinion is so “unpopular,” along with…
Bitcoin price is gaining bullish momentum above $19,400 against the US Dollar. BTC spiked above $19,500 and it could continue to rise towards the $20,000 resistance. Bitcoin is showing a lot of positive signs above the $19,000 and $19,200 resistance levels. The price is now trading above the $19,400 level and the 100 hourly simple…
Bitcoin wobbled into the start of this week’s trading session, moving between losses and gains on its neutral weekly outlook. The benchmark cryptocurrency was trading at $19,115.54 as of 10:45 GMT, down 0.27 percent into the European session. For starters, the intraday losses appeared as a part of a profit-taking move by daytraders following Bitcoin’s…
Bitcoin price is trading in a positive zone above the $19,000 zone against the US Dollar. BTC broke a key bullish pattern, suggesting high chances of more upsides above $19,500. Bitcoin is trading in a positive zone above the $18,800 and $19,000 resistance levels. The price is now trading well above the $19,000 level and…
Bitcoin price started a steady upward move from the $17,500 support zone against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,000. Bitcoin is trading in a positive zone above the $18,500 and $18,200 support levels. The price is now facing hurdles near the $19,000 level, but it…
Bitcoin is currently experiencing a small correction by cryptocurrency standards. The last time the top cryptocurrency corrected from below $20,000, it touched under $6,000 weeks later. But the normally notoriously volatile crypto asset isn’t swinging quite as wildly as the peak of the 2017 bull run. So while this isn’t likely the peak that causes…
Bitcoin price is making an attempt to get back over $18,000 after it flirted with the mid-$17,000 range in the overnight hours. The leading cryptocurrency by market cap has only bled further over the last several days since MicroStrategy CEO Michael Saylor revealed his company’s plans to offer convertible senior notes to raise $650 million…
Bitcoin price is still hanging onto $18,000 and is only a couple of grand shy of finally taking out $20,000 and beginning the new bull market. But BTC miners that should be holding in advance of mark up, are suddenly moving massive quantities of the cryptocurrency, and it has a top industry quantitative analyst “scared”…