Bitcoin Price slide, potential support at $3,400 or 78.6 percent Fibonacci level SEC may not approve Bitcoin ETF Reaction at $3,700 important for bulls In the short-term, sellers seem to be in charge and yesterday’s drop below our immediate support at $3,700 may lead to reductions towards $3,400. In the midst of this, we are…
Bitcoin price declined below the $3,550 support and tested the $3,380 level against the US Dollar. There was a break below a major bullish trend line with support at $3,590 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently recovering, but it could face strong resistances near $3,550.…
The total crypto market cap declined heavily and broke the $115.00B support level. Bitcoin cash extended losses and traded below the $130 support level. Tron (TRX) started a downside move and traded below the $0.0250 support level. Cardano (ADA) is moving lower and it may soon test the $0.0400 support zone. IOTA (MIOTA) is down…
Bitcoin Price slow down after sinking 10 percent China introduces new privacy quashing blockchain rules Trading volumes steady but bearish Even though today’s losses are low, there is hope for traders as long as Bitcoin prices are oscillating above $3,700. Drops below this minor support line could trigger sells towards $3,220 or lower in the…
Following a week of slow but steady gains Bitcoin fell off the digital cliff again yesterday with a flash crash that wiped out all progress made so far this year. Analysts are now looking at a short term correction if BTC can hold on to where it has currently fallen. Further Downside Expected on Consolidation…
Bitcoin price drop 6.1 percent after testing $4,100 Korean authorities approve seven exchanges compliant with their security measures The slide below $4,000 at the back of high transaction volumes After today’s losses, subsequent price action would determine whether BTC is within a necessary bull squeeze or the retest of $4,100 marked the beginning of bear…
The total crypto market cap is likely preparing for an upside break above the $135.00B level. EOS price is gaining momentum and it could soon break the $3.00 resistance. Bitcoin cash price is trading above the $160 support area, with an immediate resistance at $165. Tron (TRX) price rallied close to 20% and broke the…
Bitcoin Price is up 8.6 percent at the time of press and firm above $4,000 Unverified sources indicate that Japan FSA gauging interest in Bitcoin ETF Trade volumes light and BTC/USD ranging in lower time frames Overly, the crypto sphere is vibrant. Lifting enthusiasm is bulls’ resilience and ability to maintain prices above $4,000 even…
Bitcoin price started a downside correction after trading above $4,080 against the US Dollar. There is a major bullish trend line formed with support at $3,940 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to find bids near $3,940 and $3,900 for a fresh upward move in…
Bitcoin price finally broke the $4,000 barrier and traded towards $4,100 against the US Dollar. There was a break above a major bearish trend line with resistance at $3,830 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently consolidating gains and dips towards $4,000 and $3,920 remain supported.…