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Bitcoin: After Breaking Above $9k, Experts Anticipate A Number Of Years of Favorable Rate Action
Several days ago, Bitcoin incurred a massive influx of buying pressure that sent it surging past its previous resistance levels that existed around $9,000. In the time since, however, BTC’s bulls have not been able to push it towards the ever-so-important $10k level, which may signal that it will face increased selling pressure in the…
Bitcoin Strikes Resistance However Long Term Technical Sign Flips Green
Total crypto market capitalization is back at its 2019 high as Bitcoin maintains gains and grinds slowly higher. There is a lot of resistance approaching, however, and analysts are starting to wonder when the next altseason will start to kick in. Bitcoin Grinds Higher BTC has been slowly grinding higher over the past 24 hours,…
Bitcoin Pattern Extremely Bullish: Dips In BTC Remain Supported
Bitcoin price traded to yet another 2019 high near $9,470 and corrected lower against the US Dollar. The price is trading nicely above the $9,200, $9,150 and $9,000 support levels. There is a key breakout pattern forming with support near $9,220 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair…
Crypto Market Primed For More Gains: Bitcoin Money, BNB, Litecoin, TRX Analysis
The total crypto market cap climbed further higher above the $280.0B resistance area. Binance coin (BNB) price is up more than 5% and it is approaching the $35.00 resistance area. Litecoin (LTC) price is consolidating above the $130.00 support area. Bitcoin cash price is holding the $420 support and it could climb higher in the…
Bitcoin Defies Correction Calls, Where Will BTC Go Next?
Bitcoin’s epic weekend pump has continued into Monday as gains are holding. BTC is still above $9k but has hit resistance once again. Analysts and traders are looking for its next move and some are now eyeing altcoins for bigger gains. Bitcoin surged through resistance yesterday to record a new 13 month high of just…
Crypto Market Targets $300 Billion Cap: Bitcoin Money, EOS, TRX, ADA Analysis
The total crypto market cap gained momentum and broke the $260.0B resistance area. Bitcoin price broke the main $9,000 resistance area and traded close to $9,400. EOS price traded nicely above the $6.50 and $6.75 resistance levels. Bitcoin cash price is trading above the $420 level and it could continue to rise towards $440. Tron…
Bitcoin Likely to Set Fresh Year-To-Date Highs If It Closes Above $8,740, Here’s Why
Bitcoin and the aggregated crypto markets have been able to surge significantly higher in the past 24-hour and BTC now been able to solidify its position within the $9,000 region. This bullish momentum has allowed BTC to set fresh year-to-date highs and will likely lead it into the five figure price region in the near-future.…
Bitcoin (BTC) Cost Breaks $9k: Next Possible Target $10 K
There were sharp gains in bitcoin price above the $8,000 resistance area against the US Dollar. The price rallied above the $8,500 and $8,800 resistance levels to move into a positive zone. There is a major bullish trend line forming with support near $8,650 on the 4-hours chart of the BTC/USD pair (data feed from…
If History Rhymes, Bitcoin May Be Trading Around $12,000 By the End of July
Bitcoin (BTC) and the general crypto markets have been on the up-and-up over the past several months, incurring significant buying pressure that has allowed them to surge significantly from their 2018 lows that were mostly established in December of last year. Now, analysts are noting that Bitcoin may soon surge higher based on a historical…
Crypto Market Rallies $15 Billion: Bitcoin Money, Litecoin, EOS, XLM Analysis
The total crypto market cap gained momentum and broke the key $252.0B resistance area. Bitcoin price surged above the $8,500 and $8,650 resistance levels. Litecoin (LTC) price remains in a strong uptrend and is trading nicely above $134. Bitcoin cash price is grinding higher towards the $420 and $425 resistance levels. EOS price is back…