There was a major downward move below the $10,000 support in bitcoin price against the US Dollar. The price is currently correcting higher, but upsides remain capped near $9,800 and $10,000. There is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).…
Bitcoin price extended its decline and traded towards the $9,300 level against the US Dollar. The price is currently correcting higher, but it is likely to struggle near $9,600 and $9,760. There is a short term breakout pattern forming with resistance near $9,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
The total crypto market cap extended its decline below the $240.0B support area. Bitcoin price is under a lot of pressure and it even broke the $9,500 support area. EOS price is slowly moving lower towards the $3.100 and $3.000 support levels. BCH price broke the $280 support and it seems to be moving lower…
After breaking below $10,000 yesterday, Bitcoin has faced a significant influx of selling pressure that has sent its price reeling down towards the lower-$9,000 region. This sell-off has drastically altered the overall market sentiment and came shortly after BTC made a failed attempt to surge towards $11,000. Some major Bitcoin bulls are still expressing confidence…
Bitcoin price is following a negative angle and is trading well below $10,200 against the US Dollar. The price is likely setting up for a downside break below the $10,000 support area. Yesterday’s highlighted rising channel or a bearish flag is intact with support near $10,050 on the hourly chart of the BTC/USD pair (data…
The total crypto market cap is currently following a bearish path below the $270.0B resistance. Bitcoin price is now trading below the key $10,300 and $10,200 resistance levels. BCH price is holding the $300 and $305 support levels, but struggling to climb higher. EOS price is consolidating above the $3.500 support level. Stellar (XLM) price…
It now appears that Bitcoin’s recent surge from lows of roughly $10,000 to highs of over $10,500 was simply a flash in the pan, as BTC has now erased nearly all of the gains it incurred during this movement. Analysts are now noting that Bitcoin’s current technical formations could signal that BTC is on the…
After hanging by a thread above $10,000 for most of the day yesterday, Bitcoin’s bulls stepped up and sent the cryptocurrency surging to highs of over $10,500. Although this rally did spark excitement amongst BTC investors, the move ultimately proved to be somewhat fleeting. Analysts are now noting that $10,900 is a key region of…
Bitcoin price climbed higher sharply above $10,200 and gained around 5% against the US Dollar. The price is clearly struggling to gain strength above the key $10,500 resistance area. There was a break above a key bearish trend line with resistance near $10,270 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
The total crypto market cap climbed higher, but it failed to surpass the $272.0B resistance. Bitcoin price surged around 5%, but it was rejected near the $10,500 and $10,600 resistance levels. EOS price settled above the $3.600 level and it is facing hurdles near the $3.700 and $3.800 levels. Binance Coin (BNB) is still trading…