Bitcoin’s recent bout of sideways trading around the $8,600 region has resulted in a massive bear-favoring movement, with BTC now plummeting down towards the lower-$8,000 region.This movement has completely altered the sentiment amongst investors, with many analysts now claiming that the crypto will see significantly further losses as $9,200 begins to look increasingly like a…
Bitcoin bulls are facing an uphill task near $8,700 and $8,800 against the US Dollar. BTC price could either rally above $8,800 or decline heavily below $8,470 in the coming sessions.Bitcoin is showing a few bearish signs after it was rejected near $8,800.The price is currently sliding and it is approaching the key $8,560 and…
Bitcoin’s firm bout of sideways trading over the past few days has muddied the clarity that some analysts previously had about the strength of BTC’s recent uptrend, as some traders are now eyeing its recent highs of $9,200 as a mid-term top.It is important to note, however, that the crypto’s bulls have been ardently defending…
Bitcoin reversed after a sharp dip towards the $8,400 support area against the US Dollar. BTC price is now signaling more upsides above $8,800 and $9,000 in the coming sessions.Bitcoin price bounced sharply and formed a bullish engulfing pattern above $8,550 against the US Dollar.The bulls are likely to take control once the price surpasses…
Bitcoin is currently consolidating above the key $8,500 support area against the US Dollar. BTC price could start a fresh rally if it clears the $8,800 resistance area.Bitcoin price is confined in a range above the main $8,500 support against the US Dollar.The bulls are facing hurdles near the $8,760 and $8,800 resistance levels.There is…
Bitcoin has had a rocky past few days, surging to highs of $9,200 this past Saturday before meeting insurmountable resistance that has sparked a short-term downtrend. This downtrend has led BTC into the mid-$8,000 region, but the losses may not end here.One analyst is now noting that Bitcoin recently closed beneath a key technical resistance…
XRP and the majority of other major altcoins have been able to develop firmly bullish market structures over the past few weeks, which has been driven by the massive 2020 uptrend that the crypto market is currently caught within.XRP – which is currently coming off of an incredibly rough 2019 – has been able to…
Bitcoin’s 2020 uptrend has drastically shifted the market structure of BTC, which was previously shaping up to be incredibly bearish while it was hovering within the $6,000 region.The subsequent rallies from this price region, however, have allowed it to climb all the way up to $9,200, which appears to be a key resistance level that…
Bitcoin and the aggregated crypto markets have incurred immense volatility over the past several days and weeks, which has come about as Bitcoin’s bulls and bears have engaged in an intense battle that has, over the past 24-hours, favored BTC’s bears.Yesterday evening the crypto rallied to highs of $9,200 before meeting significant resistance that sparked…
Bitcoin is climbing steadily above $8,800 and $9,000 against the US Dollar. BTC price could start a massive rally towards $10K and $11K if there is a daily close above $9,300.Bitcoin price is gaining momentum above the $9,000 resistance area against the US Dollar.A new 2020 high is formed near $9,185 and the price could…