The total crypto market cap is consolidating below the $245.0B and $250.0B resistances. Bitcoin price is facing a strong resistance near the $9,400 and $9,500 levels. EOS price is currently trading in a range above the key $3.300 support area. BCH price rallied recently and tested the main $300 resistance area. Tron (TRX) price is…
Bitcoin price is currently consolidating above the key $9,000 support area against the US Dollar. The price is struggling to gain bullish momentum above the $9,600 and $9,720 resistance levels. There is a connecting bearish trend line forming with resistance near $9,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
Bitcoin has been incurring significant volatility over the past several days, which has mostly favored the cryptocurrency’s bulls as BTC has been able to run from lows of $7,300 to highs of $10,600 before settling in the middle of this wide trading range. Analysts are now noting that they believe Bitcoin will drop lower in…
Bitcoin price is gaining bullish momentum and is trading above $9,500 against the US Dollar. The price is facing a strong resistance on the upside near the $9,820 and $9,850 levels. There is a crucial bullish trend line forming with support near $9,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Bitcoin (BTC) has been on a wild ride over the past several days and weeks, as it has been able to post a meteoric rally from its recent lows of $7,300, which may signal that its recent lows are a long-term bottom that will be followed by significantly further gains. One prominent analyst is now…
There was a strong rise in bitcoin price from above $8,000 and $9,000 against the US Dollar. The price even spiked above the $10,000 resistance, but it failed to hold gains and declined. There is a short term bullish trend line forming with support near $9,080 on the 4-hours chart of the BTC/USD pair (data…
Bitcoin (BTC) has been caught in the throes of a persisting bear market over the past several weeks and months, and it has failed to garner much significant upwards momentum throughout the course of its recent downtrend. It is important to note that a few fundamental factors are painting a very bullish picture for Bitcoin…
Bitcoin and the aggregated crypto markets have posted a decently strong rally overnight after incurring a steady stream of downwards pressure that has sent BTC to fresh multi-month lows within the lower-$7,000 region. Analysts are now noting that this latest bounce came about after the crypto visited a key long-term support level and are also…
Bitcoin price is showing bearish signs and still trading below $7,500 against the US Dollar. The price is facing a lot of hurdles on the upside near $7,500 and $7,600. There is a major bearish trend line forming with resistance near $7,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
Bitcoin (BTC) has been caught in a firm downtrend ever since it set a yearly high at $13,800, with the cryptocurrency continually facing significant downwards pressure that has forced it to drop to fresh multi-month lows of just above $7,000 over the past 24-hours. Analysts are now noting that increasing regulatory scrutiny surrounding Bitcoin and…