Just a day before Bitcoin’s latest weekly candle closed on Sunday evening, the cryptocurrency made a final push higher, rallying from the low-$9,000s to $9,800. While a small move in dollar terms, it was this final push that allowed BTC to pass a key resistance level, opening Bitcoin to a “golden era” of price action.Bitcoin’s…
Bitcoin is up around 4% and it is approaching the $10,000 resistance against the US Dollar. BTC price is likely to extend its rally above $10,000 unless it dives below the $9,500 support.Bitcoin is currently gaining bullish momentum and trading near the last swing high at $9,950.The price is trading well above the $9,600 support…
Just minutes ago, Bitcoin made its latest attempt at rallying to $10,000, reaching $9,950 after the close of Sunday’s candle. The cryptocurrency fell short of the key $10,000 price point, since retracing to $9,900.Bitcoin chart from TradingView.comThis move has not sparked much a reaction from the derivatives market, potentially because short traders were expecting the…
Over the past eight weeks, Bitcoin has surged past resistance after resistance in its rally from $3,700 to $9,700 — the price as of the time of this article’s writing.This move has been undoubtedly impressive, with the price action attracting mainstream media attention and Wall Street investors. However, analysts say it’s not clear skies ahead…
Bitcoin has seen a notable upswing overnight that has allowed the cryptocurrency to rally up towards its key resistance within the upper-$9,000 region. This upswing comes as its weekly close fast approaches.BTC is now attempting to pierce its weekly cloud resistance. Analysts are noting that it’s imperative for buyers to hold it above the cloud’s…
Bitcoin is trading nicely above the $9,200 and $9,000 support levels against the US Dollar. BTC is rising and it could gain bullish momentum if there is a clear break above $9,550.Bitcoin is trading in a positive zone above the $9,400 and $9,200 support levels.An immediate hurdle is near the $9,550 zone, above which it…
After attempting to break decisively past $10,000 for the second time in a week, Bitcoin was rejected, plunging as low as $9,200 for the umpteenth time in a matter of days.BTC’s tepid price action has made some investors cautious that more downside for the flagship cryptocurrency is possible, citing the loss of the key $9,500…
It has been hard to miss the recent tweets from Bitcoin bull Robert “Rich Dad” Kiyosaki. The Vietnam veteran — best known for his book “Rich Dad Poor Dad” on financial wellness and success — has been putting his foot to the gas recently in promoting the leading cryptocurrency, gold, and silver.He doubled down on this recently,…
Since the crypto bubble of 2017 that brought Bitcoin from under $1,000 to $20,000 in a year, analysts have been wondering what will spark the next rally.Many have put their faith in the Bitcoin block reward halving, which came to pass earlier this week, but more and more are becoming convinced that central bank and…
After attempting to break decisively past $10,000 for the second time in a week, Bitcoin was rejected, plunging as low as $9,200 for the umpteenth time in a matter of days.The tepid price action has made some investors cautious that more downside for the flagship cryptocurrency is possible, citing the loss of the key $9,500 support.Prominent…