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Bitcoin (BTC) Cost Weekly Projection: Can Bulls Goal $115 K?
There was a decent rise in bitcoin price above the $10,500 resistance level against the US Dollar. The price climbed higher and even broke the key $10,650 and $10,800 resistance levels. There is a major ascending channel forming with support at $10,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The…
Could U.S. Tariffs Lag Bitcoin’s Rally Towards $11,000?
Bitcoin has been able to extend the upwards momentum it has incurred over the past several days and is now nearing the key resistance level of $11,000, which was the price at which BTC faced a swift rejection that sent the crypto reeling down to lows of $9,100. Now, some are theorizing that the United…
Bitcoin Supremacy Closing on 70% as BTC Extends Gains
Crypto markets are climbing as we start the weekend and once again Bitcoin is leading the charge. BTC has held on to gains in five figures and continues to eat into altcoin markets as dominance approaches 70 percent. Bitcoin Closes on $11k BTC has seen its fourth green candle in as many days as the…
Bitcoin Candle Light Development May Indicate $50,000 Possibility in Coming Years
Bitcoin and the aggregated crypto markets have been able to extend the upwards momentum that they have incurred over the past several days, which has allowed BTC to put some distance between its current prices and its recent lows of $9,100. Importantly, one analyst is now explaining that Bitcoin is forming its fourth monthly “Doji…
Bitcoin Rate (BTC/USD) Signaling Bullish Velocity Above $10,500
Bitcoin price traded higher and broke the key $10,200 resistance area against the US Dollar. The price is placed nicely above the $10,200 level and it recently tested the $10,500 area. There is a major bullish trend line forming with support near $10,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Bitcoin & & Crypto Market Cap Trending Greater: Litecoin, BNB, BCH, TRX Analysis
The total crypto market cap is gaining momentum above the $260.0B and $265.0B resistances. Bitcoin price is showing positive signs and it recently broke the key $10,200 resistance area. Binance coin (BNB) price is rising steadily and it recently broke the $28.00 resistance area. Litecoin (LTC) price tested the $100.00 resistance once again, but failed…
Market Belief Swings as Bitcoin Taps $10,000, However Strong Resistance Stays Ahead
Bitcoin (BTC) and the aggregated crypto markets incurred a sudden influx of buying pressure yesterday that allowed them to climb significantly higher. This upwards momentum came about after a long period of downwards pressure that had jeopardized the upwards momentum that the markets had incurred throughout the first half of 2019. Analysts are now noting…
First Physical Bitcoin Future Strikes U.S. Market as Institutional Bakkt Buzz Swells
Although the crypto industry has been closely watching to see when the highly anticipated physically settled Bitcoin (BTC) futures platform Bakkt officially launches, they have now been beaten by their competitor – LedgerX – who officially launched today. The platform is open to all US-based investors with a government issued ID and is not limited…
Bitcoin Rate (BTC/USD) Signaling Bullish Extension To $10,200
Bitcoin price formed a solid support near the $9,200 level and recently recovered against the US Dollar. The price is trading nicely above $9,500 and it recently tested the $9,770 level. There is a short term contracting triangle forming with resistance near $9,750 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Bitcoin & & Crypto Market Cap Approaching Resistance: LTC, BNB, BCH, TRX Analysis
The total crypto market cap is correcting higher towards the key $265.0B resistance area. Bitcoin price corrected more than 2%, but it facing hurdles near $9,700 and $9,800. Binance coin (BNB) price is correcting higher towards the $28.00 and $28.50 resistance levels. Litecoin (LTC) price is likely to face a strong resistance near the $95.00…