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Bitcoin (BTC) Rate Weekly Analysis: Can Purchasers Keep The Rally Going?
Bitcoin price rallied recently after it broke the key $3,900 resistance area against the US Dollar. The price surged higher and broke the $3,950 and $4,000 hurdles to set the pace for more gains. There is a major connecting bullish trend line formed with support at $3,900 on the 4-hours chart of the BTC/USD pair…
Popular Academic: Bitcoin and Crypto Not Real Currencies Till They Can Develop Stability
There’s no question that by-and-large most academics and professors aren’t the biggest fans of Bitcoin and crypto in general, but it remains unclear as to whether or not their biases will change as the nascent technologies evolve. In a recent interview, one prominent Yale professor shared his thoughts on cryptocurrencies, and expressed some unique ideas…
Bitcoin (BTC) Rate Watch: Weekend Rally And Possible Go To $4,200
Bitcoin price gained traction and broke the $3,850 and $3,900 resistance levels against the US Dollar. The price rallied recently and even climbed above $4,000 before correcting lower. There is a major bullish trend line formed with support at $3,940 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains…
Bitcoin Grinds Greater, However BTC Deals With Crucial Difficulty as it Nears Secret Resistance Level
Bitcoin has been able to climb somewhat higher after finding relative levels of support in the low $3,900 region. Although its ability to maintain stability is certainly positive, BTC is getting closer and closer to the ever-so important $4,000 level, which could mean that significant volatility is on its way. Analysts are now expressing a…
Coincidence? Bitcoin (BTC) Costs Up After Mark’s Judgment
Bitcoin prices up 1.4 percent from last week’s close Mt Gox founder serving 2.5 years suspended sentence Participation picks up, BTC could print higher in days ahead. Mark is a free man, and despite heavy losses ordinary investors had to shoulder, a Japanese court remained lenient. All the same, it appears as if Bitcoin prices…
Crypto Market Wrap: Bitcoin Supremacy Falls to 2019 Low, Has Altcoin Season Begun?
Crypto markets being driven by altcoins; Cardano, NEM and CRO Cranking, Bitcoin dominance diminishing. Crypto markets are still consolidating as we round off another week. Volume has crept up a little and a slow uptrend has formed over the past couple of days as major crypto assets hit resistance levels. Total market capitalization has made…
Bitcoin (BTC) Cost Watch: Crucial Turnaround Indications Emerge
Bitcoin price made a few swing moves above the $3,800 and $3,830 supports against the US Dollar. The price managed to settle above the $3,850 level and the 100 hourly simple moving average. This week’s major bearish trend line with resistance at $3,845 was breached on the hourly chart of the BTC/USD pair (data feed…
Crypto Market Might Rally Quickly: Bitcoin Money, EOS, BNB, TRX Cost Analysis
The total crypto market cap is facing a tough resistance near the $130.0B level. EOS price is trading nicely above the $3.60 support and it could continue higher towards $3.75. Binance Coin (BNB) is consolidating above the $15.00 support and it could extend gains. Bitcoin cash price climbed higher and tested the $135 resistance area.…
Crypto Expert: April Is the Last Month to Purchase Inexpensive BTC, Bitcoin Rate Never Ever Once Again $3K
As Bitcoin’s current trading range tightens and price consolidates ahead of the next major trend-defining move, the entire crypto community is speculating on whether or not Bitcoin price may have bottomed or if there is more pain to come for BTC investors. One prominent crypto trader and analyst is confident that Bitcoin price will never…
Bitcoin (BTC) Cost Watch: Benefit Break Inevitable Above $3,900
Bitcoin price is trading nicely above the $3,825 and $3,800 support levels against the US Dollar. The price is likely positioning for an upside break above the $3,880 and $3,900 resistance levels. Yesterday’s highlighted important bearish trend line is in place with resistance at $3,860 on the hourly chart of the BTC/USD pair (data feed…