Bitcoin price is n a positive zone and recently climbed above the $8,500 level against the US Dollar. The price is gaining momentum and it seems like it could even trade towards the $8,800 level. There is a major bullish trend line forming with support near $8,500 on the hourly chart of the BTC/USD pair…
Bitcoin (BTC) has incurred a large amount of buying pressure over the past couple of days that has allowed it to climb well into the $8,000 region, which appears to have signaled that the cryptocurrency’s bulls are not yet ready to surrender their control of the crypto. Bitcoin’s recent bullishness has allowed the crypto to…
Jack Dorsey, the founder of popular social media app Twitter and of the widely used payment processing service Square, has long been a notable proponent of Bitcoin, previously stating that he believes BTC could one day be the singular global currency. Now, Dorsey is further doubling down on his bullishness for Bitcoin and crypto in…
Bitcoin (BTC) expands, up 7.4 percent Capital flight from Italy could end up in Bitcoin By zeroing in and targeting personal saving accounts, Matteo Salvini, the Deputy Prime Minister of Italy, is inadvertently advertising Bitcoin. Resilient and thriving with an unpopular decision, BTC bulls are back. Ending the week strongly, prices are up 7.4 percent…
Bitcoin price extended gains recently and broke the $8,100 and $8,200 resistances against the US Dollar. The price seems to be setting up for more gains above the $8,300 resistance area. There is a crucial bullish trend line forming with support near $8,140 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Bitcoin (BTC) and the aggregated cryptocurrency markets have been able to find some stability after their upwards surge yesterday, which may be a bullish sign that points to the possibility that further gains are imminent in the near-future. Additionally, this upwards move has led multiple technical indicators to begin flashing bullish signs, and any bullish…
Bitcoin price broke to the upside and cleared the $7,950 and $8,000 barriers against the US Dollar. The price even broke the $8,200 resistance area and it is currently correcting lower. There is another major breakout pattern forming with resistance near $8,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
Bitcoin (BTC) adds 6.1 percent Ahead of next year’s halving, BTC is likely to inch higher Tone Vays, a Bitcoin supporter and a former Financial Analyst at JP Morgan, is edgy of the current uptrend. BTC is ranging, and prices aren’t steady above $8,000. That’s what’s visible in the daily chart. Therefore, unless otherwise there…
After an extended period of sideways trading, Bitcoin and the aggregated crypto markets have been able to surge today, which has allowed BTC to break above its previously strong resistance level that existed at $8,000. Although this upwards surge is certainly bullish, Bitcoin does still face some resistance around $8,200, but a break above this…
Bitcoin price recovered recently above $7,900 and $8,000 against the US Dollar. The price failed to stay above $8,000, formed a swing high at $8,080, and recently declined below $7,900. There is a key breakout pattern forming with resistance near $7,940 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair…