Bitcoin price is currently under pressure below the $7,800 support area against the US Dollar. The price declined recently and it is currently trading just above the $7,500 support area. There is a major declining channel in place with resistance at $8,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
The total crypto market cap is forming a crucial breakout pattern above the $225.0B support area. Binance coin (BNB) price rallied recently and it is currently consolidating above $30.00. Litecoin (LTC) price is down around 4% and it recently broke the $90.00 support. Bitcoin cash price declined more than 6% and traded below the $400…
Despite facing some levels of volatility over the past week, Bitcoin has now been able to find some stability and is hovering right below the $8,000 level. It is important to note that BTC does face some levels of resistance in the lower-$8,000 region, as it has tried, and failed, on multiple occasions to climb…
Since breaking the $8k barrier on May 14, Bitcoin has remained in this range for over a week. A short-lived correction sent it barreling back to $7k but a recovery came less than two days later after a certain high profile news outlet predicted a bigger dump. Counter Trade Indicator Says Buy CNBC’s Fast Money…
Bitcoin price failed to gain momentum above $8,150 and $8,200 against the US Dollar. The price is slowly moving lower in a range and it could test the $7,700 or $7,660 support. This week’s followed key bullish trend line was breached with support near $7,980 on the hourly chart of the BTC/USD pair (data feed…
The crypto markets have undoubtedly been in an uptrend over the past several weeks that has allowed Bitcoin to set fresh year-to-date highs in the mid-$8,000 region, and despite facing several pieces of somewhat bad news, BTC has continued to surge higher. Analysts now believe that Bitcoin is likely to surge into the $9,000 region…
Bitcoin (BTC) stable and ranging The US SEC delays VanEck Bitcoin ETF decision date by another three months Bulls are resilience, and after shaking off the $1,000 drop of May 19, Bitcoin is stable and ranging. Even so, any break and close above $8,500 will draw buyers aiming at $10k or higher confirming bulls of…
Bitcoin price started a downside correction after tagging the $8,300 resistance against the US Dollar. The price tested the $7,575-7,600 support area and recently rebounded towards $8,100. Yesterday’s highlighted important bullish trend line is intact with support near $7,810 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely…
The total crypto market cap is currently above the key $225.0B and $230.0B support levels. Bitcoin price seems to be struggling to clear the $8,000 barrier and is trading in a range. Litecoin (LTC) price is currently consolidating above $90.00, with resistances near $92.00 and $95.00. Bitcoin cash price settled above the $400 resistance area…
Bitcoin and the entire crypto markets incurred some volatility over the weekend that allowed BTC to climb to highs of nearly $8,300 yesterday before quickly reeling back down to below $8,000. Today’s drop further confirms that Bitcoin isn’t quite ready to stabilize within the $8,000 region and may signal that a further pullback to $7,300…