After hovering beneath the key resistance that previously existed at $10,000, Bitcoin’s bulls were able to propel the cryptocurrency past this level, subsequently catalyzing intense upwards momentum that has allowed BTC to move into the $10,100 region.This rally has marked a massive extension of the momentum that the crypto has seen throughout 2020, with this…
Bitcoin’s recent bullishness has come to a grinding halt when BTC faced multiple firm rejections earlier today after attempting to break above the strong resistance that exists between $9,800 and $10,000.This intense resistance, however, has not yet catalyzed any notable sell-off, which seems to elucidate some underlying strength amongst the crypto’s buyers, and may suggest…
Bitcoin price is rising steadily above $9,500 and $9,750 against the US Dollar. BTC will most likely cross $10,000 and it could ignite a strong rally towards $10,400 or $10,650.Bitcoin is likely setting up for a break above the $10,000 barrier against the US Dollar.Many supports are forming on the downside near $9,700 and $9,500.There…
Bitcoin price remained well bid above $9,000 and rallied to a new 2020 high against the US Dollar. BTC is now trading nicely above $9,500 and signaling a strong increase to $10,000.Bitcoin is showing positive signs above the $9,500 and $9,600 levels against the US Dollar.The price jumped to a new 2020 high at $9,764…
It has been a wild day for Bitcoin (BTC), with the benchmark cryptocurrency finding itself caught within the throes of immense volatility that has primarily been bull-favoring.This volatility has allowed the crypto to rally up towards $10,000, although it has hit some intense resistance during the course of this latest upswing.Although it still remains unclear…
Bitcoin price started a downside correction from well above the $9,550 area against the US Dollar. BTC broke the key $9,220 support and it is now trading in a short term bearish zone.Bitcoin declined recently below the $9,300 and $9,200 levels against the US Dollar.The price traded close to the $9,050 level and it is…
Bitcoin price failed to continue above the $9,500 resistance and declined recently against the US Dollar. BTC could either bounce back from $9,150 or it might decline heavily.Bitcoin bulls are fighting hard to protect the key $9,200 and $9,150 support levels against the US Dollar.The price remains at a risk of a sharp decline if…
Bitcoin faced a flash rally yesterday evening that led the crypto to break above $9,600 before almost instantly incurring a significant amount of selling pressure that led BTC to plummet into the $9,300 region.Bull’s inability to decisively close the cryptocurrency above its key resistance at $9,500 points to the possibility that bulls are losing their…
Bitcoin price jumped above the $9,550 resistance to invalidate a key head and shoulders pattern against the US Dollar. It seems like BTC is primed for a massive rally above $10,000.Bitcoin bears failed to push the price below the main $9,150 support against the US Dollar.The bulls gained control, resulting in a fresh increase above…
Bitcoin (BTC) is currently in the process of revisiting its recently established 2020 highs of $9,550, with its ongoing upsurge coming close on the heels of yesterday evening’s selloff that led the crypto to dip as low as $9,200.Bull’s ability to post a strong defense of this level suggests that the cryptocurrency could be on…