Bitcoin’s bull have been able to hold the cryptocurrency above its key near-term support level of $10,000, and it now appears that BTC is likely consolidating before it reaches the apex of the large descending triangle it is currently within, which will likely spark a big movement in the coming 24-48 hours. Analysts are currently…
In June, Bitcoin (BTC) had hit its stride once again, seeing +5% days on top of +5% days. At the time, many traders thought this sort of price action would continue. And could you blame them? After 2018’s brutal bear market collapse, traders were thirsty to see green in their portfolios, even craving said green…
Following a largely bullish week for the majority of crypto assets, the bears have come out to play at the weekend. A slide back into four figures for Bitcoin has dragged most of the altcoins back down with it as $10 billion leaves cryptocurrency markets. Crypto Market Cap Slides Again A steady decline has resulted…
Another week, another of Crypto Tidbits. While Bitcoin (BTC) effectively ended the week where it started in terms of price, the underlying market saw a flurry of developments that may only have positive effects on the adoption of cryptocurrency. Bakkt is poised to launch its Bitcoin futures on Monday, “Big Four” auditing giant Deloitte embraced cryptocurrencies…
There was a fresh decrease initiated in bitcoin from the $10,400 resistance against the US Dollar. The price is currently trading below the $10,100 support area, with a bearish angle. There was a break below a crucial contacting triangle with support near $10,010 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).…
After briefly incurring a significant influx of buying pressure, Bitcoin (BTC) has once again lost its momentum and is now nearing its key psychological support level at $10,000, which has proven to be a strong support level for the cryptocurrency in recent times. In spite of this currently bearish price action, one analyst is noting…
During the 2017 crypto craze and ICO boom, retail crypto investors loaded up on new, untested altcoins in hopes of finding the equivalent of the next Bitcoin – a revolution in financial technology and the best performing asset of all-time. But after the 2018 bear market, those hopes and dreams have since been shattered, and…
For the past year many participants within the crypto markets have been looking towards the official launch of Bakkt as a potential event that will on-board a significant amount of institutions to the crypto markets, therefore catalyzing the next major Bitcoin bull movement. Now, the markets are only a few days away from the launch…
After incurring a sudden influx of buying pressure that sent Bitcoin’s price surging to highs of nearly $10,500, BTC has been unable to maintain its upwards momentum and has now retraced back towards its key support level at $10,000. Bitcoin’s fundamental strength has remained strong in spite of this lackluster price action, which may be…
Bitcoin dramatically recovered overnight on Friday as investors/speculators digested the prospects of central banks’ easing measures. The benchmark cryptocurrency established a session high of $10,309.84 on San Francisco-based Coinbase exchange. The move upside brought its gains up by as much as $723.98, or 7.55 percent, as measured from yesterday’s session low of $9,585.86. Elsewhere in…