Bitcoin has continued to express stability around its current price levels in the low-$3,600 region. Despite being stable currently, BTC has not been able to garner any buying pressure at its current prices, which may signal technical weakness. Now, analysts are claiming that Bitcoin may see further losses in the near-term, as its price has…
It now appears that Bitcoin (BTC) is once again caught in an incredibly tight trading range in the low-$3,600 range. Bitcoin has seen extended periods of sideways trading on multiple occasions, and they are historically proceeded by large price swings in either direction. Despite this bout of involatile trading, BTC saw a massive trading volume…
Bitcoin price stayed above the key $3,560 support area, with range moves against the US Dollar. This’s week’s followed bearish trend line is intact with resistance at $3,590 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could gain bullish momentum if there is a proper close above $3,590 and…
Since Bitcoin (BTC) made its large upwards swing last Friday, it has been able to hold steady above its support level at $3,550, bouncing back into the $3,600 range each time this price level is touched. Importantly, its ability to hold above this price level signals that the cryptocurrency’s bulls are not yet ready to…
Bitcoin price is holding the key support near the $3,580 zone against the US Dollar. Yesterday’s contracting triangle is in place with resistance near $3,610 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely preparing for the next bullish break above $3,610, $3,620 and $3,650. Bitcoin price is…
The total crypto market cap is showing positive signs above the $117.0B support level. Bitcoin cash price is gaining momentum and it could break the $125 and $128 resistances. EOS price rallied more than 5% and it looks set to break the $3.00 hurdle. Stellar (XLM) is slowly correcting higher towards the $0.0800 and $0.0820…
Bitcoin prices bullish, road to $3,800 A Twitter user picks out a Bitmain S15 vulnerability Transactional volumes low, expansion above 35 k ideal Although Bitmain is a central player in the ASIC mining sphere, their latest firmware S15 has a weakness, a Twitter user has revealed. Luckily, BTC prices are steady, and with a combination…
Bitcoin price corrected lower recently below the $3,640 and $3,580 supports against the US Dollar. There is a contracting triangle forming with resistance near $3,625 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could either climb above the $3,625 resistance or extend the correction below $3,560. Bitcoin price declined…
Following the crypto market’s quiet weekend trading session, most cryptocurrencies have continued to trade flat, and have thus far maintained nearly all of their recent price gains that were incurred during Friday’s market surge. Bitcoin (BTC) has found stability in the mid-$3,600 region and appears to be forming $3,700 as a level of resistance. Multiple…
The ongoing regulatory delays and hurdles imposed by the US government have not dampened the enthusiasm for crypto related products such as the highly anticipated Bakkt launch. Bakkt Will be a ‘Moonshot Bet’ The Intercontinental Exchange (ICE) has recently announced its fourth quarter earnings which have beat some Wall Street predictions. Chief executive Jeffrey Sprecher…