The bitcoin price has soared this week on the prospects of Fed rate cut, the Facebook coin, and uncertainty due to the US-China trade war. The world’s leading cryptocurrency rallied on Saturday, with its price flying past the $10,000 level for the first time since March 8 last year. Investors allegedly bid up bitcoin in expectations…
As predicted yesterday by traders, analysts and us at NewsBTC, it would not be long before Bitcoin broke the psychological $10k barrier. That milestone was reached a few hours ago during the Saturday morning Asian trading session. Bitcoin Surges to $10,900 The surprise was what came next as Bitcoin did not even take a breath…
Bitcoin price rallied recently above the key $10,000 resistance area against the US Dollar. The price is currently trading well above the $10,600 level and it could continue to climb in the near term. There is a key bullish trend line forming with support near $10,200 on the hourly chart of the BTC/USD pair (data…
During the 2017 crypto bull run, Bitcoin price spent very little time above $10,000 once it got there. Around Thanksgiving, Bitcoin broke above $10,000 and by Christmas it had already hit its all-time high of $20,000 and began the start of its correction that led to a long bear market. At that time, there was a…
That’s right, at long last, Bitcoin (BTC) has reached five digits in the ongoing bull run, according to TradingView.com. The last time the cryptocurrency was in this price range was a year ago. With this strong swing to the upside, which comes just weeks after analysts en-masse were calling for a “strong correction”, many are…
Bitcoin has drawn many comparisons to Gold, and is often referred to as the digital version of the precious metal and commodity due to its scarcity, potential as an economic hedge, and use as a store of value, among many others similarities the crypto asset and Gold share. Amidst increased trade tensions and a looming…
Just weeks ago, certain analysts were calling that Bitcoin (BTC) was topping. These crypto investors used terms like “strong correction” and “bearish retracement” to describe Awhat they expected to come to fruition. While they were partially right, in that BTC fell to $7,450 from $9,100 in a week’s time, what followed was shocking, catching traders…
Crypto markets have hit a new 2019 high; Bitcoin dominating, ETH, BNB and XMR moving, LEO enters top twenty. It has been another fruitful Friday in crypto land. Markets have hit a new high for the year and as usual it is Bitcoin driving them. A total market cap top of $300 billion was touched…
Bitcoin price gained traction and broke the key $9,400 resistance area against the US Dollar. The price is currently climbing higher and it is likely to break the key $10,000 resistance. There is a major bullish trend line forming with support near $9,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).…