Bitcoin hasn’t fared too well over the past few days, tumbling as low as $9,500 on Monday as sellers have started to liquidate their stacks en-masse. This meant that at the current correction’s worst, BTC was down just around 10% from the local $10,550 high that was set last week.While this plunge seemingly marks a…
Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000).Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar.There are positive signs on the chart, but…
The past few days have been turbulent for Bitcoin (BTC), with the cryptocurrency plummeting from highs of $10,500 to lows of $9,500, which is the level at which it has been able to find notable support at.This support has led the cryptocurrency to enter a bout of sideways trading at just under $9,700, and it…
On Monday, for the third or fourth day in a row, the price of Bitcoin continued to correct lower. The cryptocurrency, at its worst on Monday, fell to $9,500 — just under 10% under the $10,500 peak seen the prior week.Despite the strong retracement, there have been a number of cryptocurrency investors and traders suggesting…
Following Alex Jones recently encouraging fans to get into Bitcoin, the controversial radio presenter now seems to want to host a crypto-focused debate. His dream participants for the discussion are the outspoken Bitcoin mega-bull Max Keiser and anti-crypto gold bug Peter Schiff.Whilst Schiff seems up for an appearance on Jones’s show, Keiser is reportedly less…
Bitcoin was rejected near the $10,500 area against the US Dollar. BTC could extend its decline as Ethereum and ripple are down more than 10%.Bitcoin price is under pressure below the $10,000 support area against the US Dollar.The bears seem to be in control as the price even failed to stay above $9,800.There is a…
The CME bitcoin futures market just opened, and it could be the catalyst that leads the recovery of BTC back to the $10,000s.Throughout the weekend, the bitcoin price dropped from $10,500 to as low as $9,650, liquidating a significant amount of long contracts.Why CME open can lead bitcoin recoveryOn active days, the CME bitcoin futures…
Bitcoin saw an incredibly sharp selloff this morning after previously being caught within a firm bout of sideways trading around $10,300. This latest selloff sent BTC reeling below the key $10,000 price region, marking the first break below this level since last Monday.This violent downwards movement sent the crypto plunging to lows of $9,700 on…
There are few Bitcoin traders that have been as accurate as Dave the Wave over the past year.The pseudonymous cryptocurrency trader predicted in the middle of 2019 that the price of the asset would retrace to the mid-$6,000s to enter a “long-term buying zone” after the over-300% rally that brought BTC from $3,150 to $14,000…
Bitcoin corrected lower sharply from the $10,500 resistance against the US Dollar. However, BTC is still above the key $9,800 support and it could soon rally again.After trading to a new 2020 high, bitcoin price corrected lower from $10,507 against the US Dollar.The price declined below the $10,200 and $10,000 support levels.There is a key…