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Bitcoin Rate Nears Secret Choice Point as Bulls and Bears Fight for Control
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 Rate (BTC/USD) Targets Fresh Weekly High Above $122 K
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).…
Crypto Market Cap And Bitcoin Getting Momentum: BCH, BNB, EOS, TRX Analysis
The total crypto market cap is gaining momentum above the $300.0B resistance level. Bitcoin price is likely to gain bullish momentum once it breaks $12,050 and $12,200. EOS price retested the $4.100 support area and it is currently correcting higher. Binance Coin (BNB) is surging above $30.00 and it recently gained more than 8%. BCH…
Bitcoin Plummets To $11,600 As Bull Case Deteriorates; Elements & & Patterns
Bitcoin and the aggregated crypto markets incurred a significant influx of buying pressure earlier this morning that ultimately resulted in yet another swift rejection that sent the markets reeling lower. This rejection and the subsequent drop have weakened the bullish scenario that many analysts believed BTC was facing, and some analysts are now noting that…
Bitcoin Controls Exchange Trading Volume as Market Supremacy Increases to 70%
Bitcoin (BTC) has been incurring a significant amount of upwards momentum as of late that allowed it to put an end to the month-long bout of selling pressure it has faced over the past month, which has also allowed it gain significant dominance over the aggregated crypto market capitalization. Furthermore, data shows that Bitcoin has…
Bitcoin Rate (BTC/USD) Might Strike $122 K Amidst Strong Technical Predisposition
Bitcoin price extended gains above the $11,500 and $11,700 resistances against the US Dollar. The price is currently correcting lower after trading close to the $12,000 resistance. There is a connecting bullish trend line forming with support near $11,540 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price remains in…
Bitcoin & & Crypto Market Cap In Uptrend: Litecoin, BNB, BCH, TRX Analysis
The total crypto market cap extended its upside above the $300.0B resistance area. Bitcoin price rallied towards the $12,000 resistance and it is currently correcting lower. Binance coin (BNB) price seems to be consolidating above the $27.20 support area. Litecoin (LTC) price spiked above the $100.00 level, but it failed to stay above $100.00. BCH…
Bitcoin Rate Strikes $115 K Target: BTC Up 8%, Dips Well Supported
Bitcoin price rallied more than 8% and climbed towards $11,500 against the US Dollar. The price traded as high as $11,646 and it is currently correcting gains. There is a key bullish trend line forming with support near $10,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is trading…
Max Keiser Claims Bitcoin May Target $15,000 Today, and TA May Assistance This
Bitcoin and the aggregated crypto markets have incurred a significant amount of upwards momentum over the past few days that has allowed BTC to put a significant amount of distance between its current price and its recent lows of $9,100. Now, one Bitcoin advocate is claiming that there is a high possibility that the crypto…
Bitwise Claims Facebook’s Libra Propelled Bitcoin 3 Years Ahead, However is This Real?
Over the past month or two news and rumors regarding Facebook’s Libra initiative have dominated both crypto and mainstream news cycles, with many analysts claiming that the more centralized digital option could end up posing stiff competition to Bitcoin and other cryptocurrencies. Despite this possibility, Bitwise – a leading provider in index and beta crypto…