Bitcoin broke a couple of important hurdles near $7,500 and $8,000 on the daily chart against the US Dollar. BTC price action indicates a strong rise towards $9,100 or even $10,000.Bitcoin price surged $500 and settled above the key $8,000 resistance against the US Dollar.A new 2020 high is formed near $8,464 and the price…
Yesterday was a wild day for Bitcoin, with the cryptocurrency surging well over 5% to highs of just below $8,000 before it met some insurmountable resistance that slowed this rally. It is important to note that BTC has been able to maintain all of its recent gains in the time since this rally first occurred.One…
Bitcoin surged more than 5% to climb above the $7,700 and $7,800 resistance levels against the US Dollar. BTC price tested the $8,000 barrier and it could correct lower in the short term.Bitcoin price traded to a new 2020 high close to the $8,000 mark against the US Dollar.Despite all hurdles near $7,700 and $7,800,…
Today has been a great day for Bitcoin (BTC) bulls, as the cryptocurrency has been able to post a massive surge over the past couple of hours, blowing past its previous resistance levels and potentially confirming an incredibly bullish technical formation.This surge has led some analysts to believe that the cryptocurrency could be on the…
Bitcoin might be starting a strong bullish wave above $7,500 against the US Dollar. However, BTC bulls must be careful considering a cluster of resistances between $7,700 and $8,000.Bitcoin price is gaining traction above the $7,400 and $7,500 resistance levels against the US Dollar.There are many hurdles on the upside, starting with $7,640 and up…
Bitcoin and the aggregated crypto markets have had a bullish start to 2020, with BTC surging from its recent lows of $6,800 that were set when bulls attempted to spark a sharp sell off earlier this week.Buyer’s ability to absorb the immense selling pressure that was behind this movement is certainly a bullish sign, although…
After a downside correction, bitcoin price found support near $6,860 against the US Dollar.The price is currently rising and trading nicely above the $7,400 resistance.There was a break above a major declining channel with resistance near $7,345 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price is likely to continue higher…
Bitcoin (BTC) is off to a great start to 2020, surging over 5% over the past 24-hours after facing some strong selling pressure yesterday. This positive start to the new year comes after the crypto posted a nearly 100% climb in 2019, making it one of the world’s best performing assets last year.One industry executive…
After hovering below its previous support at $7,000 for several hours yesterday, Bitcoin’s bulls were able to generate significant momentum that has allowed BTC to reclaim its position within the $7,000 region, and it appears that this upwards momentum is growing.This move coincided closely with news regarding a US airstrike on a top Iranian military…
Bitcoin started a strong upward move from the $6,880 support area against the US Dollar.The price is reversing losses and it is now well above $7,100.There was a break above a key bearish trend line with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).The current technical structure suggests…