Bitcoin corrected lower from the $6,600 resistance area against the US Dollar. BTC price is currently holding the key $6,250 support and it could start a fresh increase in the near term.Bitcoin started a short term downside correction from the $6,636 high against the US Dollar.The price is currently holding the key $6,250 support and…
Bitcoin is up more than 8% and it broke the $6,500 resistance area against the US Dollar. BTC price is now struggling to clear $6,600 and it could correct lower in the short term.Bitcoin gained bullish momentum above the $6,200 and $6,400 levels against the US Dollar.The price topped near the $6,640 level and it…
Bitcoin declined sharply below the $6,200 support against the US Dollar. BTC price found support near $5,850 and it is currently recovering towards a couple of key hurdles.Bitcoin is correcting higher from the $5,846 swing low against the US Dollar.The price is showing positive signs above the $6,000 level, but there are many hurdles on…
Bitcoin failed to surpass the $7,000 resistance and declined below $6,500 against the US Dollar. BTC is likely to bounce back as long as it is above $6,000 and the 100 SMA (H4).Bitcoin price is currently correcting gains from the $7,000 resistance area.The $6,000 region and the 100 simple moving average (4-hours) are important supports.There…
Bitcoin is slowly rising and trading above the $6,750 level against the US Dollar. BTC price must claim the $7,000 resistance to start a strong rally in the near term.Bitcoin is trading in a crucial range below the $7,000 resistance area against the US Dollar.Yesterday’s discussed double top pattern is still active with resistance near…
Bitcoin is facing a strong resistance near the $7,000 level against the US Dollar. BTC price is likely forming a double top pattern near the $7,000 level and it could dive below $6,400.Bitcoin is forming a bearish breakdown structure below $7,000 against the US Dollar.A double top pattern is forming with resistance near $7,000 and…
Bitcoin is gaining momentum and it is trading above the $6,500 support against the US Dollar. BTC price is likely to continue higher towards $7,000 and $7,200 in the coming sessions.Bitcoin is showing a few positive signs above the $7,500 and $7,400 support levels against the US Dollar.The price could grind higher towards $7,000 or…
The U.S. stock market and the cryptocurrency market have both rocketed higher in tandem today, with the Dow Jones posting one of its largest single day gains ever while Bitcoin has been able to climb over 6%.All of the notable rallies seen in the stock market over the past few weeks have been followed by…
Bitcoin has been able to continue climbing higher today, with the ongoing rebound in the equities market allowing Bitcoin to further extend the momentum that was first incurred last week when the cryptocurrency rallied from the lower $5,000 region to highs of $6,900.The benchmark cryptocurrency is now attempting to re-test these highs, although it remains…
Bitcoin is up more than 10% and it broke the key $6,400 resistance against the US Dollar. BTC price is now trading near the $6,650 resistance, above which it could surge to $7,000.Bitcoin is gaining traction and it recently climbed back above $6,200 against the US Dollar.The price is now trading above the $6,400 level,…