Bitcoin and the aggregated crypto markets have been experiencing incredibly bullish buying pressure over the past several months, with BTC surging from year-to-date lows of below $4,000 to recently established highs around $13,800. The traditional equities markets are currently hovering right around their all-time-highs, and they have been having a very positive 2019 in spite…
The total crypto market cap jumped sharply and broke the key $325.0B resistance area. Bitcoin price is up more than 10% and it recently broke the $12,500 resistance level. EOS price is showing positive signs and it recently broke the $6.00 resistance area. Binance Coin (BNB) broke the $33.00 resistance and it is currently consolidating…
Investors and proponents of Bitcoin and the aggregated crypto markets have long believed that the ultimate pinnacle of adoption would be found when governments and central banks began growing friendly towards the nascent technologies. Now, the nominee who is replacing the outgoing European Central Bank (ECB) head is pro-crypto herself and has shown tremendous interest…
Bitcoin (BTC) has been caught in what can be accurately defined as a period of consolidation as of late and has been hovering around the lower-$11,000 region for the past several days, make fairly restrained price movements within a relatively tight trading range. Now, one highly respected analyst is claiming that Bitcoin could either face…
After a strong recovery, bitcoin price struggled to gain momentum above $12,000 against the US Dollar. The price topped near the $12,050 level and recently corrected gains below $11,500. There is a major bearish trend line forming with resistance near $11,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair…
Bitcoin (BTC) under pressure, down 8.1 percent Q1-2 2019 marked the end of the crypto winter There is growth and Bitcoin ecosystem is improving. Corporations are sinking millions toward blockchain infrastructure development. At the same time, fund managers can capitalize on BTC’s volatility to register extraordinary gains. At the time of press, BTC is shaky…
Both Bitcoin (BTC) and gold have once again been caught in the throes of volatility that have allowed them to form fresh levels of support and resistance that will likely continue to hold strong in the near-future. Despite this volatility, Bitcoin is still in a firm bull market, and analysts are now noting that gold…
After a downside correction, bitcoin price fond support near the $10,800 level against the US Dollar. There was a decent recovery in the past two sessions and the price traded above $11,300. There is a key bearish trend line forming with resistance near $11,600 on the hourly chart of the BTC/USD pair (data feed from…
Bitcoin (BTC) bulls are firm, adds 4.2 percent Slashing rates and weakening the USD is bullish for BTC Because of Trump’s pressure on the Federal Reserve, the central bank could end up cutting interest rates. According to Pompliano, such a lax monetary policy could see capital flow to Bitcoin. In turn that will lift prices…
The Bitcoin correction was short lived to say the least. Only three candles closed below $10k on the hourly chart and one briefly dumped to $9,600, 30 percent down from the recent high. Looking at previous market cycles may give us a clue as to when this may happen again … and it could be…