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 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 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).…
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…
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…
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 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).…
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…
Bitcoin has often been referred to as ‘digital gold’, even more so in recent times when economic woes have been driving investors to safer havens. Industry experts have been weighing in with their own take on the narrative and BTC’s status as a store of value. Is Bitcoin Digital Gold? According to a report from…
The doom merchants immediately start rejoicing as soon as Bitcoin begins to dump but in reality this is simply a normal and expected component of the market cycle. At the moment BTC is down just over 30 percent from its 2019 high but it could drop even further. Bitcoin Holds $9,500 There has been very…