Over the past couple of days Bitcoin has found itself caught within a relatively tight trading range and has continued to find strong support around $10,000. Although some analysts have claimed that this support level is wearing thin, BTC has yet to post a decisive break below this level in recent times. Now, multiple analysts…
There was a downside extension in bitcoin price below the $10,000 support against the US Dollar. The price is currently consolidating and is facing many hurdles on the upside near $10,400. There is a crucial bearish trend line forming with resistance near $10,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).…
Bitcoin (BTC) has once again found itself caught in the throes of a choppy trading range that has provided little clarity as to whether or not it will begin venturing into the four-figure price region, or if it will begin climbing until it retests its year-to-date highs of $13,800. This choppiness has been largely centered…
Bitcoin price is showing positive signs and settled above $10,000 against the US Dollar. The price is now trading near the key $10,400 resistance area, which is preventing gains. Yesterday’s highlighted important bearish trend line is acting as a solid resistance near $10,420 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Bitcoin price declined heavily in the past few sessions below $10,000 against the US Dollar. The price is currently correcting higher after it tested the $9,750 support area. There is a declining channel forming with resistance near $10,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could correct higher…
The total crypto market cap extended its decline and broke the key $260.0B support. Bitcoin price declined around 8% and settled below the key $10,000 support. EOS price traded below the $3.550 support and remains at a risk of more downsides. Binance Coin (BNB) is extending its decline below the key $27.50 support level. BCH…
Bitcoin price extended gains above the key $10,600 and $10,800 resistances against the US Dollar. The price is currently correcting lower after trading to a new weekly high at $10.960. Yesterday’s highlighted major bullish trend line is intact with support near $10,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
The total crypto market cap broke a major resistance area near the $272.0B level. Bitcoin price jumped more than 5% and broke the $10,600 resistance area. Binance coin (BNB) price recovered above $28.00, but it struggled to surpass the $29.00 resistance. Litecoin (LTC) price is still trading well below the $80.00 resistance area. BCH price…
After posting a strong recovery from its recent lows of $9,500, Bitcoin (BTC) has been able to further extend its upwards momentum and is now nearing the next key price hurdle that could determine which direction it trends in the near-term. Bitcoin’s surge from its weekly lows of $9,500 signals that buyers are currently in…
Bitcoin price rebounded recently and climbed above the $10,200 resistance against the US Dollar. The price is currently trading nicely above $10,300, but facing hurdles near $10,500 and $10,600. There is a connecting bullish trend line forming with support near $10,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price…