After setting a new 2019 high near $11,800, bitcoin price declined sharply against the US Dollar. The price declined below the key $13,200 and $12,000 supports to trim most gains. There is a connecting bearish trend line forming with resistance at $11,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
The total crypto market cap declined sharply from the $380.0B swing high and even broke $300.0B. Bitcoin price is down more than 20% from the recent high and even broke $11,500. EOS price down more than 15% and it recently broke the key $6.00 support area. BCH price is down around 16% and it recently…
After incurring a massive influx of buying pressure that sent Bitcoin (BTC) to nearly $14,000 yesterday, the cryptocurrency has plummeted lower and is now struggling to find support in the upper-$10,000 region. This massive volatility has led many investors to question whether or not $13,800 was a long-term top for BTC, but analysts are now…
Bitcoin and the aggregated crypto markets have been incurring major volatility as of late, with BTC surging to fresh 2019 highs yesterday before rapidly plummeting. During this volatility, most major altcoins failed to match Bitcoin’s gains on the way up, but subsequently plummeted lower when BTC failed to maintain its upwards momentum. Now, one prominent…
The calls for a Bitcoin correction have been getting stronger. Talk of altseason has also started to intensify as many expect the daddy of crypto to take a breather sooner or later. Altcoins have generally been battered during this recent digital gold rush but that could all change if BTC pulls back. Bitoin Bounces From…
The long awaited bitcoin correction could be beginning as the king of crypto drops over 10 percent from yesterday’s high. A flash crash that wiped out $2,000 in two hours was quickly recovered but those gains haven’t held as prices start to go south again. First Red Bitcoin Candle In Over a Week Pulses quickened…
The total crypto market cap surged towards $380.0B before correcting towards the $325.0B support. Bitcoin price rallied towards the $14,000 level before it corrected sharply towards the $12,000 support. Binance coin (BNB) price corrected lower and tested the key $35.00 support area. Litecoin (LTC) price is holding the main $130.00 support area. Bitcoin cash price…
Bitcoin (BTC) parabolic, adds 41.5 percent Strong Bitcoin fundamentals rewinding last year’s losses The deteriorating global economy, prospect of central banks intervening, and the entry of whales through institutional investment could explain the parabolic rise of Bitcoin’s prices. At over $12,800, BTC is up 41.5 percent in the last week and poised to register more…
For the third day in a row, the speeding freight train that is Bitcoin has broken through resistance and pushed even higher. The surge has eaten into the altcoin markets so much that BTC dominance is at its highest level since it went parabolic in December 2017. Bitcoin Dominance Tops 63% Bitcoin traded at just…
There was a sharp increase in bitcoin price above the $11,800 and $12,000 resistances against the US Dollar. The price surged above $12,200 and even traded to a new 2019 high near $12,500. There are two key bullish trend lines forming with support near $12,000 and $11,450 on the hourly chart of the BTC/USD pair…