Bitcoin is reportedly attracting haven demand as an escalating conflict between the US and Iran spooks investors. But that does not mean the cryptocurrency is going to register record gains in the coming days.The bitcoin-to-dollar exchange rate on Monday was trading above a psychological resistance level of $7,500. As of 0300 UTC, the pair established…
Bitcoin might be starting a strong bullish wave above $7,500 against the US Dollar. However, BTC bulls must be careful considering a cluster of resistances between $7,700 and $8,000.Bitcoin price is gaining traction above the $7,400 and $7,500 resistance levels against the US Dollar.There are many hurdles on the upside, starting with $7,640 and up…
Bitcoin (BTC) bulls seem to be having quite the streak. For the third or fourth day in a row, the leading cryptocurrency has posted gains. As of the time of writing this, Bitcoin has broken to highs it hasn’t seen in two weeks, rallying as high as $7,580 just minutes ago.Related Reading: Early Bitcoin Adopter Throws…
If you’ve been following Bitcoin over the past few years, you likely remember John McAfee’s crazy BTC price prediction. As the cryptocurrency market was blowing up in 2017, McAfee, the creator of the cybersecurity company that shares his name, posted the below tweet, claiming that he is betting that Bitcoin will hit $1 million by…
Bitcoin really hasn’t done well in the past few quarters, with the price of the leading cryptocurrency tanking from $14,000 to as low as $6,400 in mere months. While this price action has been decisively bearish, the decline in Bitcoin’s price has created a bullish signal on a key indicator, suggesting that in the near…
Bitcoin and the aggregated crypto markets have had a bullish start to 2020, with BTC surging from its recent lows of $6,800 that were set when bulls attempted to spark a sharp sell off earlier this week.Buyer’s ability to absorb the immense selling pressure that was behind this movement is certainly a bullish sign, although…
After a downside correction, bitcoin price found support near $6,860 against the US Dollar.The price is currently rising and trading nicely above the $7,400 resistance.There was a break above a major declining channel with resistance near $7,345 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price is likely to continue higher…
Over the past few hours, Bitcoin (BTC) has begun to gain momentum once again, pushing past $7,400 after remaining trapped under that level for the past two-odd days. As of the time of writing this, the leading cryptocurrency is trading for $7,470 — registering a 2.22% gain in the past 24 hours. Altcoins have followed…
Over the past few weeks, Bitcoin (BTC) has been consolidating in the range around $7,000, seemingly stuck in between a rock and a hard place. Indeed, the cryptocurrency has many times bounced in the mid-$6,000s, where there is macro support, and has been rejected multiple times in the resistance band around the high-$7,000s.Related Reading: Why…
Those who held Bitcoin Cash (BCH) during its meltdown in the latter half of 2019, there may still be time to generate enormous gains.Famous crypto analyst DonAlt on Friday discussed the bullish prospects of the fifth-largest blockchain project by market capitalization. The trader said he expects the BCH-to-dollar exchange rate to hit $380 in 2020,…