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…
The total crypto market cap recovered sharply after testing the key $210.0B support area. Bitcoin price jumped back above the $7,800 and $8,000 resistance levels. Bitcoin cash price is up more than 5% and it recently broke the key $400 resistance. EOS price is now trading above the $6.00 and $6.15 support levels, with a…
Despite facing increased levels of downwards pressure earlier this week that temporarily put Bitcoin’s upwards momentum in jeopardy, the cryptocurrency has been able to continue surging upwards and is now nearing the low-$8,000 region, which is the point at which BTC incurred significant selling pressure a few days ago. Now, analysts believe that Bitcoin may…