A few hours ago Bitcoin blasted through resistance again to record a new high for 2019. Crypto markets are on fire this Monday morning as total capitalization hits its highest level since July 2018. Is BTC poised to touch five figures again this week? Bitcoin Surges to 12 month High According to Tradingview Bitcoin touched…
Bitcoin price gained a strong bullish momentum and broke the key $8,300 resistance against the US Dollar. The price surged more than 10% and broke the $8,500 and $8,800 resistance levels. There was a break above a major triangle resistance near $8,020 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
Despite incurring some upwards momentum over the past couple of days, Bitcoin has continued to struggle to break above its current resistance levels that exist in the lower $8,000 region, and its lack of buying pressure could signal that further downwards pressure is imminent. Analysts are now closely watching a relatively tight range between $8,200…
There is a strong resistance forming for bitcoin near the 8,200-8,300 area against the US Dollar. The price is placed nicely above the $7,840 and $7,600 support levels. There is a crucial contracting triangle forming with resistance near $8,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely…
Bitcoin up 9.5 percent High transaction fees will lead to financial exclusion In Jeff Garzik’s deduction, high Bitcoin fees, despite Lightning Network development, will, in the long run, slow down adoption. Meanwhile, Bitcoin is up 9.5 percent from last week’s close trading above $8,000. Bitcoin Price Analysis Fundamentals Jeff Garzik is one of Satoshi’s early…
The total crypto market cap grinded higher and tested the $245.0B resistance area. Bitcoin price is currently consolidating near the $8,000 level. EOS price broke the $6.30 resistance and it is currently moving towards the $6.40 level. Binance Coin (BNB) is surging higher and it recently broke the $35.00 resistance. Bitcoin cash price is trading…
Bitcoin price started a strong rise above the $7,800 and $8,000 resistances against the US Dollar. The price gained traction and even traded close to the $8,200 resistance area. This week’s followed important declining channel was breached near $7,960 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently…
Bitcoin capped at $8,500 AT&T now accepts Bitcoin, partners with Bitpay An observer is of the view that the next Bitcoin will not be “Bitcoin” or even a cryptocurrency. If that is correct, it may explain investors’ renewed optimism now that Wall Street is increasingly accepting, interpreting positives from the world’s most valuable asset. Bitcoin…
Bitcoin has once again incurred a sudden influx of buying pressure that has allowed it to continue climbing higher after briefly dipping as low as $7,500 over the past couple of days. Although BTC’s surge back above $8,000 is certainly positive, it is still struggling to move higher as it faces strong selling pressure around…
For the second time in as many weeks the Bitcoin pullback that was expected has not materialized. BTC found support above $7,800 and its slide has been halted … for now. Bitcoin Bounces Back Yesterday NewsBTC reported that the correction had started and there was a strong possibility of Bitcoin dropping all the way down…