A few hours ago Bitcoin blasted through resistance again to record a new high for 2019. Crypto markets are on fire this Monday morning as total capitalization hits its highest level since July 2018. Is BTC poised to touch five figures again this week? Bitcoin Surges to 12 month High According to Tradingview Bitcoin touched…
Bitcoin price gained a strong bullish momentum and broke the key $8,300 resistance against the US Dollar. The price surged more than 10% and broke the $8,500 and $8,800 resistance levels. There was a break above a major triangle resistance near $8,020 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
After breaking from $8,000’s grip on Sunday, Bitcoin (BTC) skyrocketed to $8,750 in a jaw-dropping move. While the bullish momentum has slowed for the time being, with BTC beginning to consolidate in the short-term around $8,700, some are sure that the cryptocurrency market will continue to print higher as the week elapses. Related Reading: Binance’s…
For one reason or another, the past few weeks have seen Bitcoin (BTC) and its ilk freeze. The cryptocurrency market has been stuck in an odd holding pattern, whereas volatility has fallen, trading ranges have been established, and volume has begun to diminish. However, digital assets across the board may soon move. That’s according to…
Bitcoin (BTC) has just broken out of a short-term consolidation pattern, moving past key short-term resistance at $8,300 to $8,400. As of the time of writing this piece, BTC sits at $8,540 after touching $8,580 just minutes earlier. Many are sure that this is a sign of continued bullish momentum, meaning that a continuation to…
Weeks ago, Bitcoin exchange giant Bitfinex raised $1 billion worth of capital, purportedly denoted in Tether’s USDT, in an in-house initial exchange offering (IEO). The token being sold was Bitfinex’s own, LEO, and became a popular investment opportunity for whales and other industry insiders. Since the raise finished, news on the subject matter has quieted.…
The bitcoin price has slipped by almost 5.5 percent from its yearly high at $8,388 and could be in for a massive downside correction. But that has not deterred a prominent fund manager from projecting a bullish case for the world’s largest cryptocurrency. Brian Kelly, the founder of BKCM, LLC, a New York-based digital currency…
A New York Post columnist has asked the United States, the European Union, and Chinese authorities to investigate who is behind the price manipulation in the bitcoin market. Finance journalist John Crudele wrote that bitcoin is nothing more than a confidence game – where people denote value to an asset based on faith. It is…
Despite incurring some upwards momentum over the past couple of days, Bitcoin has continued to struggle to break above its current resistance levels that exist in the lower $8,000 region, and its lack of buying pressure could signal that further downwards pressure is imminent. Analysts are now closely watching a relatively tight range between $8,200…
Another week, another round of Crypto Tidbits. The past week saw not much happen in the cryptocurrency market. Bitcoin (BTC) traded relatively flat, save for a few bouts of major volatility, and other digital assets followed suit. Some altcoins, however, saw a helluva week. Binance Coin, Chainlink, and Litecoin come to mind first. The cryptocurrency…