Bitcoin (BTC) saw some intense bull-favoring volatility this morning when the cryptocurrency rallied from $9,600 to over $10,000, with the latest upwards movement marking an ardent defense of the support that exists around $9,500.This latest break above $10,000 may lead the cryptocurrency to see significantly further upwards momentum, as it has marked a notable increase…
Following yesterday selloff that sent Bitcoin down to lows of $9,500, the cryptocurrency’s buyers have been able to absorb the intense selling pressure and push BTC higher, with it finding some decent stability within the upper-$9,000 region.In the near-term, BTC does appear to be entering another fresh uptrend, as it is currently in the process…
Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000).Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar.There are positive signs on the chart, but…
The past few days have been turbulent for Bitcoin (BTC), with the cryptocurrency plummeting from highs of $10,500 to lows of $9,500, which is the level at which it has been able to find notable support at.This support has led the cryptocurrency to enter a bout of sideways trading at just under $9,700, and it…
Bitcoin was rejected near the $10,500 area against the US Dollar. BTC could extend its decline as Ethereum and ripple are down more than 10%.Bitcoin price is under pressure below the $10,000 support area against the US Dollar.The bears seem to be in control as the price even failed to stay above $9,800.There is a…
Bitcoin saw an incredibly sharp selloff this morning after previously being caught within a firm bout of sideways trading around $10,300. This latest selloff sent BTC reeling below the key $10,000 price region, marking the first break below this level since last Monday.This violent downwards movement sent the crypto plunging to lows of $9,700 on…
Bitcoin corrected lower sharply from the $10,500 resistance against the US Dollar. However, BTC is still above the key $9,800 support and it could soon rally again.After trading to a new 2020 high, bitcoin price corrected lower from $10,507 against the US Dollar.The price declined below the $10,200 and $10,000 support levels.There is a key…
Bitcoin bulls were surprised to wake up to a massive early-morning drop that sent the cryptocurrency reeling down to lows of $9,700, which is where BTC was able to find some support that helped it climb higher.It is important to note that this bearish price action may have invalidated the crypto’s midterm uptrend, due to…
Bitcoin has been caught within a firm bout of sideways trading over the past day, with its buyers and sellers being deadlocked within an intense battle that has left BTC’s price ranging sideways around $10,200.Bull’s inability to extend the cryptocurrency’s momentum has led it to grow increasingly bearish, as one simple charting pattern could suggest…
Bitcoin started a downside correction from the $10,500 area against the US Dollar. BTC declined below $10,200, but it is still holding the key 100 hourly SMA.Bitcoin price failed to climb above $10,500 and corrected lower against the US Dollar.There was a sharp dip below the $10,200 level before the bulls protected the 100 hourly…