Bitcoin (BTC) has continued inching lower following its recent bearish break below $9,000, which points to the possibility that bears are building strength as bulls fail to propel the crypto while it trades just a hair above its key near-term support level. Analysts are now noting that Bitcoin may soon incur further losses as it…
Bitcoin price is declining and it is now trading below the $8,800 level against the US Dollar. The price is trading with a bearish angle and it is likely to tumble below $8,600 and $8,500. Today’s key bearish trend line is active with resistance near $8,960 on the hourly chart of the BTC/USD pair (data…
Bitcoin price is trading in a bearish zone below the $8,880 and $9,000 resistances against the US Dollar. The price is struggling to recover and it is likely to face sellers towards $9,000. Yesterday’s major bearish trend line is intact with resistance near $8,980 on the hourly chart of the BTC/USD pair (data feed from…
The total crypto market cap is struggling to stay above the $225.0B support area. Bitcoin price is down around 3% and it is trading well below the $9,000 level. Litecoin (LTC) price is declining, but it is still trading above the $60.00 support area. BCH price failed to surpass the $300 resistance and is correcting…
After surging towards $9,300 yesterday, Bitcoin’s bulls have once again surrendered to bears, leading BTC to plummet back below its key support level at $9,000. This overnight movement has once again led the cryptocurrency back down to its previous support level at $8,700, and it is showing few signs of having any strength at the…
Bitcoin’s bulls have been able to step up and support BTC’s price following its recent drop below $9,000, which points to an underlying strength that may signal that the cryptocurrency will soon post a strong recovery from its recent lows. Analysts are now widely anticipating BTC to post decent gains in the near-term, with one…
After consolidating above $9,000, bitcoin declined heavily against the US Dollar. The price is currently trading in a bearish zone, with a close below $9,000 and $8,920. There was a break below a major contracting triangle with support near $9,180 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price is…
Bitcoin’s price has been able to stabilize after incurring a significant influx of selling pressure yesterday that sent it plummeting below its previous range lows at $9,000, and it appears that bulls have formed $8,800 as a level of support that could bolster BTC’s price in the near-term. It is important to note that despite…
After a long period of consolidation within its previously established trading range, Bitcoin’s bears have now taken control and have pushed BTC’s price below its previous support level that existed around $9,000. Today’s drop has led multiple analysts to set significantly lower targets for the cryptocurrency, and it is looking increasingly likely that it will…
Bitcoin price is struggling to rebound and declining below the $9,300 support against the US Dollar. The price is likely to accelerate decline if it breaks the $9,120 support area. There is a major bearish trend line forming with resistance near $9,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). Similarly,…