After a relatively long period of choppy trading within the lower-$5,000 region, Bitcoin (BTC) has finally incurred another influx of buying pressure that has allowed it to surge higher, with the key resistance level of $6,000 looming just over the horizon. Now, one prominent analyst who has called previous Bitcoin crashes believes that the cryptocurrency…
The total crypto market cap is up more than $15.0B in the past three days. Bitcoin price rallied more than 5% and traded above the $5,800 resistance level. Litecoin (LTC) price is up around 6% and it broke the key $75 and $78 resistances. Bitcoin cash price rallied 10% and broke the main $295 and…
The crypto markets have continued to extend their upwards momentum as Bitcoin surged to fresh year-to-date highs, leading most major altcoins to rip upwards. This positive price action marks a significant rise from BTC’s recent lows, which were set after news broke regarding the widely publicized Tether-Bitfinex imbroglio. One prominent technical analyst has now set…
Bitcoin (BTC) table-topping, up 11 percent in the last week A bullish profile developing but buyers must clear $6,000 resistance A crypto analyst at Fundstrat is encouraging traders and investors to focus on the longer-term technical profile after today’s upswings. After closing above $5,600 minor resistance, Bitcoin (BTC) is up 5.4 percent in the last…
Bitcoin price is following a steady uptrend and recently broke $5,450 against the US Dollar. The price surged above $5,580 against the USDT and it is currently near $5,500 vs USD on Kraken. Yesterday’s two bullish trend lines are intact with support near $5,410 and $5,380 on the hourly chart of the BTC/USD pair (data…
The total crypto market cap is gaining momentum above the $175.0B resistance level. Bitcoin price rallied more than 3.5% and climbed above the $5,550 resistance. Bitcoin cash price is currently placed nicely above the $270 support level. EOS price is back above the $4.80 level and it may test the $4.90 resistance. Stellar (XLM) price…
Despite facing downwards pressure that put Bitcoin’s upwards momentum in jeopardy last week, the cryptocurrency has been able to continue climbing higher and is now nearing its price levels that were set just prior to the Tether-Bitfinex imbroglio that sent BTC reeling down to the lower-$5,000 region. This positive price action has led an incredibly…
Ever since the crypto markets plunged from their late-2017 highs, embattled investors have been closely watching to see how large investment groups, including corporate and institutional investors, take to the nascent markets – as they may ultimately introduce enough capital to the markets to fuel the next bull market. Now, a recently conducted survey by…
April has proven to be a very positive month for the crypto markets, and Bitcoin’s ability to decisively surge into the $5,000 region without incurring any significant selling pressure has shifted the overall market sentiment to be slightly more bullish as many analysts expect BTC to see further gains in the near-future. One prominent analyst…
Bitcoin (BTC) in an uptrend but down 4.3 percent Tether’s reserve low and the peg isn’t 1:1 against the USD It is now emerging that USDT’s reserves don’t tally with what’s in circulation. That means Tether Limited is lying and investors may flock to safety driving Bitcoin prices up. At the moment, BTC is down…