Bitcoin started a downside correction from the $7,447 monthly high against the US Dollar. BTC price tested the key $7,000-$7,100 demand zone and recently revered losses.Bitcoin failed to extend gains above $7,500 and corrected lower against the US Dollar.The bulls protected the $7,000 support area, resulting in a fresh increase.There is a major bullish trend…
Bitcoin is up close to 5% and it broke the $7,000 resistance area against the US Dollar. It seems like BTC bulls are now aiming a test of $8,000 or the 100-day simple moving average.Bitcoin is gaining traction and it recently surpassed the $7,000 barrier against the US Dollar.The price is up more than 80%…
Bitcoin saw a sharp overnight rally that allowed it to surge past the resistance that it was previously facing around $7,000, with the crypto appearing to find some stability within this region – something that has not been seen since its capitulatory decline to $3,800 on March 12th.Analysts are now noting that this latest movement…
Bitcoin is up more than 2% and it is gaining bullish momentum against the US Dollar. BTC price is likely to surge 4%-5% if it clears the main $7,000 resistance area.Bitcoin is showing a lot of positive signs above the $6,700 support against the US Dollar.The price is approaching the main $7,000 resistance and breakout…
Bitcoin’s sideways trading that was first sparked by its rejection at $7,300 has extended through today, with the cryptocurrency firmly caught within the upper-$6,000 region as its bulls and bears both reach a firm impasse.In the near-term, analysts are noting that the cryptocurrency could be on the “edge of glory” if it is able to…
Bitcoin is struggling to gain momentum above the key $7,000 resistance against the US Dollar. BTC is likely to surge past $7,000 as long as it is above $6,400 and the 100 SMA (H4).Bitcoin price is currently showing a few bearish signs below the $7,000 resistance area.There is a strong support forming above $6,400 and…
It feels as though the past couple of months have marked the end of an era, and one prominent Bitcoin whale is now noting that he believes the world is about to incur one of the biggest economic shocks seen in generations.This may fundamentally alter the structure and dynamics of society, with attempts being undertaken…
Bitcoin surged above the $7,000 resistance and reached the $7,200 bullish target against the US Dollar. BTC price is currently correcting lower and it could test the $6,500 support area.Bitcoin rallied significantly above the $6,800 and $7,000 resistance levels against the US Dollar.The price tested the $7,200 target (as discussed yesterday) before correcting lower.There is…
Bitcoin is up more than 4% and it broke the key $6,500 resistance area against the US Dollar. BTC price is forming a solid bullish trend and it could soon rally towards $7,000 or $7,200.Bitcoin started a fresh increase after testing the $6,200 support area against the US Dollar.The price is up close to 5%…
Following Bitcoin’s bout of consolidation within the mid-$6,000 region, the benchmark cryptocurrency has seen a slight decline that has led it down towards the support that has been established around $6,000.This decline today has come about against a backdrop of bearishness in the equities market, with virtually all of the benchmark indices seeing some notable…