Bitcoin has been incurring increased levels of volatility as of late, which may be partially due to the newly formed inverse correlation between BTC and altcoins. As of late, most major altcoins have been facing strong selling pressure due to Bitcoin’s recent rally, but they appear to get some relief each time it drops. Importantly,…
After a decent rise, bitcoin price topped near the $12,325 level against the US Dollar. The price is currently correcting lower below $11,500, with a bearish angle. There was a break below a crucial contracting triangle with support near $11,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is…
After consolidating in the upper-$11,000 period for an extended period of time, Bitcoin (BTC) incurred a sudden influx of selling pressure that sent the crypto reeling down to lows of roughly $11,300, at which point it found some support. Analysts are now noting that Bitcoin’s bulls are safe so long as the crypto holds above…
Bitcoin and the aggregated crypto markets have been caught in the throes of volatility over the past several days, with BTC struggling to break into the $12,000 region on multiple occasions, while finding some support in the upper-$11,000 region. One analyst is now noting that Bitcoin is nearing a critical junction that could set the…
Bitcoin price is still struggling to gain bullish momentum above the $12,000 resistance against the US Dollar. The price is likely setting up for the next break either above $12,000 or towards $11,500. There is a new contracting triangle forming with resistance near $11,920 on the hourly chart of the BTC/USD pair (data feed from…
Bitcoin (BTC) has been on an upwards ascent throughout the first half of 2019 that has extended further over the past couple of weeks. Despite this, the age-old adage of “a rising tide lifts all boats” has not proven to be applicable to the crypto markets as of late, as most major altcoins have been…
Bitcoin price is trading above a couple of important supports near $11,800 against the US Dollar. The price could rally sharply if there is a successful close above the $12,000 resistance. There was a break above a major contracting triangle with resistance near $11,860 on the hourly chart of the BTC/USD pair (data feed from…
The total crypto market cap is approaching the next break either above $305.0B or below $292.0B. Bitcoin price is facing a strong resistance near the $12,000 level. Binance coin (BNB) price extended gains above the $30.50 and $31.00 resistance levels. Litecoin (LTC) price is slowly declining towards the key $86.00 support area. BCH price is…
Bitcoin and the aggregated crypto markets have incurring notable volatility as of late, and BTC is currently trading just a hair below a key resistance level that exists at roughly $12,000. Analysts are now noting that Bitcoin is nearing a key decision point that will likely set the tone for which direction the markets are…
Bitcoin price is trading nicely above the $11,650 and $11,500 supports sharply against the US Dollar. The price is likely to break the $12,000 resistance and continue higher in the coming sessions. There is a crucial contracting triangle forming with resistance near $12,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).…