Bitcoin price extended gains and broke the $3,950 and $4,000 resistance levels against the US Dollar. The price traded to a new 2019 high above $4,100 and it could continue to rise in the near term. There was a break above a major triangle pattern with resistance near $3,950 on the 4-hours chart of the…
Bitcoin’s bulls awoke earlier today when the crypto markets surged, sending BTC to well over $4,100. This price surge came about after an extended period of sideways trading that signaled to traders that $4,000 was previously a strong level of resistance for the cryptocurrency. Today’s jump may have been fueled in part by a record…
It seems that each month a fresh story surrounding crypto-related scams and fraud surfaces, but the victims of these stories are typically isolated, and the scope of their victimhood is usually limited to financial losses. Despite this, one Bitcoin trader was recently attacked by a group of armed robbers who tortured him using gruesome tactics…
Bitcoin prices up 10.1 percent in the last week. Jesse Lund projects Bitcoin value to hit $1 million in ten years Transaction volumes increase in the last three weeks Jesse Lund is optimistic of future Bitcoin prices valuing the coin at $1 million. Cementing his optimism is increasing adoption which he says draws value and…
Bitcoin is once again beginning to creep towards its strong resistance level at $4,000 following a relatively involatile trading session over the past couple of days. Although BTC has seen some incredibly bullish momentum over the past few weeks and has firmly established the low-$3,000 region as a strong level of support, its upwards ascent…
Bitcoin price spiked towards the $4,000 resistance, but failed once again versus the US Dollar. The price traded lower and broke the $3,950 and $3,940 support levels. There was a break below a connecting bullish trend line with support at $3,925 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair…
The total crypto market cap declined recently, but it found support near the $126.5B level. Bitcoin cash price corrected lower and declined below the $146 and $145 support levels. EOS price is currently consolidating gains above the $3.85 support area Stellar (XLM) corrected higher, but it struggled to break the $0.0920 resistance area. Tron (TRX)…
Following its recent surge, Bitcoin has now found itself caught under $4,000, despite finding stability in the $3,900 region. Analysts are now claiming that BTC’s trading volume will likely be the best indicator as to if the cryptocurrency has enough buying pressure to propel its price above the important psychological price level of $4,000. Analysts…
Bitcoin price is well supported on the downside near the $3,900 and $3,850 supports against the US Dollar. The price is likely to accelerate gains above the $3,975 and $4,000 resistance levels. There is a major bullish trend line formed with support at $3,900 on the hourly chart of the BTC/USD pair (data feed from…
Bitcoin prices are trending higher, up 8.1 percent in the last week Elon Musk says Bitcoin and crypto is brilliant for value transfer Transactional volumes high, behind recent higher highs Adoption is on the rise, and it is at this juncture that Elon Musk has reasons to believe that Bitcoin is brilliant and…