$100,000 has long been a popular Bitcoin (BTC) price target amongst cryptocurrency investors and analysts, but there is much debate as to whether or not this is a realistic target for the cryptocurrency. Although the calls for an imminent $100k Bitcoin keep pouring in, there is a limited number of events that could catalyze this…
Bitcoin price traded to a new weekly high at $7,664 and declined recently against the US Dollar. The price is now trading below the $7,420 and $7,400 support levels. There is a key bearish trend line forming with resistance near $7,525 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair…
The total crypto market cap is declining and it is now well below the $200.0B resistance. Bitcoin price is down close to 2% and it is now trading below the $7,400 support. EOS price is approaching the $2.600 support area and it could bounce back. Binance Coin (BNB) is currently down around 3% and it…
Bitcoin price is showing positive signs above the $7,400 resistance area against the US Dollar.The price is likely to clear the $7,560 and $7,600 resistances to continue higher.There is a major bullish trend line forming with support near $7,490 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could rally once…
The total crypto market cap is slowly rising and it is currently near the $200.0B resistance.Bitcoin price is up close to 2% and it is now trading above the $7,500 resistance.Litecoin (LTC) price is now trading above $45.00, but it is still facing a lot of hurdles.Bitcoin cash price is climbing higher towards the key…
ETH price is struggling to gain pace above the $152 and $158 resistance levels against the US Dollar.The price is currently holding the main $144 support area and breakdown zone.There is a key contracting triangle forming with resistance near $150 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could start a strong…
After forming a base above $7,000, bitcoin price climbed above the $7,500 resistance against the US Dollar.The price is currently correcting gains and it is trading below the $7,440 level.There is a major contracting triangle forming with resistance near $7,520 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price is likely…
Bitcoin (BTC) has been able to incur some decent upwards momentum in the time since its faced a strong and swift rejection around $7,800, as it has since climbed up towards $7,600.Analysts are noting that this recent price action may point to the possibility that Bitcoin is forming a bullish long-term bottom formation, which comes…
Following the immense volatility that Bitcoin (BTC) experienced earlier this week, the cryptocurrency has once again found itself caught within a period of consolidation as it trades sideways within the upper-$7,300 region.This sideways trading, however, may soon draw to a close, as one highly respected analyst is now noting that Bitcoin is bound to break…
Bitcoin price is still trading above the $7,200 and $7,240 support levels against the US Dollar.The price is struggling to climb above the $7,440 and $7,500 resistance levels.There is a major breakout pattern forming with resistance near $7,440 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could either rally above…