Bitcoin (BTC) has been facing a steep sell-off over the past few days that has sent the cryptocurrency into the $10,000 region, which has led many analysts and investors alike to fear the possibility that Bitcoin revisits the four-figure price region in the near-future. Now, analysts are explaining that Bitcoin may soon incur a decent…
The global economy has been facing increasing downwards pressure as of late that has sparked significant fear amongst traditional investors, and now one historically accurate indicator is flashing warning signs of an imminent recession, which could prove to be a positive thing for Bitcoin (BTC). Importantly, analysts are also noting that the sheer amount of…
Bitcoin price broke the key $11,200 support level and declined below $11,000 against the US Dollar. The price tested the $10,500 bearish target (as discussed in the weekly forecast). There is a major bearish trend line forming with resistance near $11,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price…
The total crypto market cap declined further and broke the $280.0B support area. Bitcoin price is down more than 6% and it recently traded below the $10,800 support. Litecoin (LTC) price is holding the key $85.00 support area and is trading in a range. BCH price performed nicely and jumped more than 5% to break…
Bitcoin price is struggling to climb above the $11,500 and $11,600 resistances against the US Dollar. The price is holding the key $11,200 support, but it remains at a risk of more downsides. There are two key bearish trend lines forming with resistance near $11,400 and $11,600 on the hourly chart of the BTC/USD pair…
The total crypto market cap is testing a strong resistance near the $292.0B level. Bitcoin price is facing a couple of important hurdles near the $11,500 level. EOS price is moving lower and is about to test the key $4.000 support area. BCH price is struggling to hold gains and it could revisit the $320…
Bitcoin and the aggregated crypto markets have been caught in the throes of volatility as of late, and although this volatility has mostly proven to be bullish for Bitcoin, it has largely been devastating for altcoins like Ethereum. Now, one analyst is noting that Ethereum’s decline against Bitcoin may signal that further weakness is imminent…
Bitcoin price is currently under pressure below the $11,600 resistance against the US Dollar. The price could slide sharply if there is a break below the $11,200 support area. There is a major bearish trend line forming with resistance near $11,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price…
The total crypto market cap started a downside correction from the $315.0B swing high. Bitcoin price declined below $11,500 and tested the $11,200 support area. BCH price is gaining momentum and it is currently trading above the $330 resistance. BSV price is showing positive signs and it is trading above the $140 support area. Binance…
Litecoin has been facing a significant amount of fear, uncertainty, and doubt, following its recent halving event, which ultimately had little impact on its price action and has sparked some controversy surrounding whether or not LTC has any code commits in 2019 on GitHub. Now, Litecoin founder Charlie Lee is attempting to clear the air…