Bitcoin price spiked above the $8,950 and $9,000 levels, but failed to hold gains against the US Dollar. The price declined heavily and traded below the $8,720 and $8,440 support levels. There was a break below a crucial bullish trend line with support at $8,560 on the hourly chart of the BTC/USD pair (data feed…
Crypto investors were incredibly disappointed earlier today after Bitcoin surged to highs of $9,000 before it began reeling lower, which has led many analysts to believe that a deeper pullback is imminent. Despite this, one billionaire investor and crypto enthusiast recently explained that he believes BTC will begin consolidating between $7,000 and $10,000, which could…
Bitcoin price corrected lower recently and tested the $8,425 support against the US Dollar. The price bounced back and it is currently trading above the $8,600 resistance area. There was a break above a key bearish trend line with resistance at $8,690 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
The total crypto market cap is climbing higher and it might soon break the $270.0B barrier. Bitcoin SV price rallied close to 100% and traded above the $180 and $200 resistance levels. There were gains in bitcoin cash as well as it climbed above the main $450 barrier. Binance Coin (BNB) is gaining momentum and…
Bitcoin capped at $9,000 Andy Cheung is bullish, expects BTC to spike to $20,000 According to Andy Cheung of OkEx, Bitcoin’s fair value is $20,000. In the meantime, prices are correcting and oscillating inside May 26th trade range with caps at $9,000. Bitcoin Price Analysis Fundamental After two months of a relieving rally, BTC prices…
Since its third major surge of the now two month old Bitcoin rally, the king of crypto has held on to all of its gains. Support and resistance zones have shifted to new higher levels and the chart, when zoomed out, looks unnaturally parabolic, remnant of the December 2017 one. Bitcoin Bull Flag A descending…
Bitcoin price topped near the $8,950 level and recently corrected lower against the US Dollar. The price declined below the $8,700 and $8,620 support levels to enter a short term bearish zone. There is a major bullish trend line forming with support near $8,300 on the hourly chart of the BTC/USD pair (data feed from…
It’s now abundantly clear that Bitcoin and the aggregated crypto markets are in a firm uptrend, with BTC and other major cryptos posting consistent gains on a weekly basis, with each minor pullback only acting as fuel for further gains. Bitcoin has further established that it is in a firm uptrend this past weekend when…
Bitcoin price rallied recently above the $8,300 and $8,650 resistance levels against the US Dollar. The price traded to a new 2019 high at $8,952 and it is currently consolidating gains. There is a key bullish flag pattern forming with resistance near $8,860 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
The total crypto market cap is currently placed nicely above the $260.0B support area. Bitcoin price remains in a strong uptrend and it recently spiked towards $9,000. EOS price surged more than 15% and tested the key $8.00 resistance area. Bitcoin cash price is currently trading in a range below the $445 and $450 resistance…