Bitcoin extended its rally above the $9,200 resistance against the US Dollar. BTC tagged the $9,400 area and now it could correct lower towards $8,800 or $8,500.Bitcoin price is approaching a couple of key resistances near $9,500 against the US Dollar.There could be a short term downside correction from $9,400 or $9,500 in the coming…
Bitcoin (BTC) and the altcoin markets incurred some notable momentum today, which comes as Bitcoin’s bulls extend the rally that first kicked off yesterday when the crypto made its way up to highs of $9,150.This momentum has not been isolated to Bitcoin, however, as many major cryptos have been able to similarly incur notable momentum…
Welcome back bulls. Over the past few hours, Bitcoin (BTC) has begun to surge higher again per TradingView, with buyers finally stepping in after last week’s 11% decline. Since hitting $8,200 late last week, the price of the leading cryptocurrency has exploded higher, surging to just shy of $9,400 minutes ago as of the time…
As the phrase goes, “what goes up, must come down.” And this is even more true for anything that goes up a little too fast – something Bitcoin price is known for.The cryptocurrency’s latest rally has now gone parabolic, and according to “the stick method” it has reached a 90-degree angle, potentially signaling a “sizable”…
Today, markets are green, with most of the top 100 posting gains. At the time of writing Bitcoin is up to $8,962 on the daily. Having peaked 4% to just below $9,150 earlier on in the day.Bitcoin daily price since Oct 19. (Source: tradingview.com)Analyst, Mati Greenspan attributes this run of form to US fiscal factors,…
Every bitcoin dip is being bought at a remarkable rate says top trader Filb Filb. The strong momentum of BTC above a key resistance level at $9,000 positions BTC for a potential upsurge to $10,000.Bitcoin is recovering at a faster pace than expectedIn October 2019, Filb Filb said in an blog post that the bitcoin…
Bitcoin gained bullish momentum above the key $8,800 resistance. As a result, BTC price surpassed $9,000 and it seems like the bulls are now aiming a test of $9,500.Bitcoin price is rising and it is now trading nicely above $9,000 against the US Dollar.The bulls are in control and there are high chances of a…
Google users appear to be becoming increasingly interested in the Bitcoin halving happening this year. With its issuance set to drop, the leading crypto asset by market capitalisation is due to become even more scarce in just a few months time.Many analysts continue to debate whether public knowledge of the event has allowed the market…
The spread of the deadly and highly contagious Coronavirus has kindled fear in the hearts of investors, as the global equities markets are now facing heightened recession risk as the death toll and potential economic impact of the virus grows at a rapid rate.The strength of the ongoing global selloff can be seen by the…
After falling as low as $8,200 late last week, Bitcoin (BTC) has recently started to mount an extremely strong recovery, bouncing after the 11% correction seen after a 43% rally.Just minutes ago as of the time of writing this article, the leading cryptocurrency hit $8,950, falling just shy of the key $9,000 level as sellers…