Bitcoin surged above the $7,000 resistance and reached the $7,200 bullish target against the US Dollar. BTC price is currently correcting lower and it could test the $6,500 support area.Bitcoin rallied significantly above the $6,800 and $7,000 resistance levels against the US Dollar.The price tested the $7,200 target (as discussed yesterday) before correcting lower.There is…
With a black swan event is upon us – an unpredictable event that forever alters the way people think and behave – are crypto and altcoin holders prepared to potentially go down with the ship if the world faces the worst economic recession yet?Crypto Op-Ed: Are Altcoin Investors Mentally Prepared to Go Down With the…
In a jarring early-morning movement, Bitcoin blew past the resistance it was previously facing within the upper-$6,000 region, with this rally allowing bulls to significantly bolster their near-term technical situation.Analysts are now widely noting that the strength of this movement is likely to lead it significantly higher, with short positions getting punished.One prominent veteran trader…
Bitcoin prices jumped overnight to retest $7,000 but risked falling into a bull trap as no sound catalyst justified its pump.The benchmark cryptocurrency rose 9.67 percent in just four hours to $6,767 per token midnight Thursday. The move uphill injected about $7 billion into the bitcoin’s market cap, which topped near $121.97 billion ahead of…
After a period of facing some downwards pressure, Bitcoin bulls have been able to step up and lead the crypto higher, pushing it back into the mid-$6,000 region.This recent price action seems to indicate that both bulls and bears have reached an impasse, as neither have been able to garner any decisive momentum in the…
After plunging towards $6,200 after the monthly candle close, Bitcoin has rallied hard, gaining 5% in the past two hours alone ahead of the daily close arriving in approximately 90 minutes. As of the time of writing this article, the cryptocurrency sits at $6,575, just a smidgen shy from $6,600.What are analysts thinking about this…
Bitcoin is up more than 4% and it broke the key $6,500 resistance area against the US Dollar. BTC price is forming a solid bullish trend and it could soon rally towards $7,000 or $7,200.Bitcoin started a fresh increase after testing the $6,200 support area against the US Dollar.The price is up close to 5%…
Following Bitcoin’s bout of consolidation within the mid-$6,000 region, the benchmark cryptocurrency has seen a slight decline that has led it down towards the support that has been established around $6,000.This decline today has come about against a backdrop of bearishness in the equities market, with virtually all of the benchmark indices seeing some notable…
Bitcoin price had one of its most volatile months yet, resulting in a massive, $6,000 long “Darth Maul” candle on the three-month price chart.But what does this rare and explosive candlestick pattern typically indicate, and what could this mean for Bitcoin price in the future?First Quarter 2020 in Crypto Closes Out More Volatile Three Months…
Bitcoin corrected lower from the $6,600 resistance area against the US Dollar. BTC price is currently holding the key $6,250 support and it could start a fresh increase in the near term.Bitcoin started a short term downside correction from the $6,636 high against the US Dollar.The price is currently holding the key $6,250 support and…