Bitcoin price gained bullish momentum and broke the $5,200 resistance against the US Dollar. The price even broke the $5,300 level and it is currently trading with a positive bias. Yesterday’s discussed key bearish trend line was breached near $5,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair traded…
The total crypto market cap climbed higher sharply and broke the key $170.0B resistance. Litecoin (LTC) price is up more than 6% and it recently broke the $74 resistance Bitcoin cash price surged more than 13% and surpassed the key $270 barrier. EOS price is slowly grinding higher towards the $4.85 and $4.90 resistance levels.…
Major signals are flashing bearish at the moment for Bitcoin. While it has held on to gains this month a break higher has not been forthcoming so the only way for BTC in the short term could be back down again, at least according to a number of technical analysts. Major Resistance at 50 Week…
Bitcoin price is facing a strong resistance near the $5,150 and $5,160 levels against the US Dollar. The price must break the $5,160 and $5,200 levels to start a strong rebound. There is a major bearish trend line forming with resistance near $5,160 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Although many investors and analysts alike viewed Bitcoin’s muted reaction to the recent Tether/Bitfinex controversy as a sign of improving fundamental strength, it may be too early to celebrate just yet, as one analyst believes that BTC may dip back into the lower-$4,000 region before finding any significant levels of support that allow it to…
Bitcoin price rebounded above $5,100 after a massive drop towards $4,900 against the US Dollar. The price seems to be facing a strong resistance near the $5,200 and $5,220 levels. There is a major bearish trend line in place with resistance near $5,230 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
The total crypto market cap broke a major bearish trend line near the $166.5B resistance. Bitcoin cash price is still struggling and it recently broke the $260 support. Tron (TRX) is currently consolidating losses above the $0.0230 support level. Cardano (ADA) broke the $0.0700 support level and it could now test $0.0650. IOTA (MIOTA) climbed…
Bitcoin’s recent upwards momentum has led to a massive shift in the overall sentiment surrounding the crypto markets, as enthusiasm is tepidly increasing as more investors believe that the BTC’s 2018 lows are truly a long-term bottom. Despite this, one of Bitcoin’s fundamental indicators is currently flashing a bearish signal that has historically been followed…
There was a strong decline in bitcoin price below the $5,280 support level against the US Dollar. The price even spiked below the $5,000 support level and it is currently consolidating above $5,100. There is a major bullish trend line in place with support at $5,080 on the 4-hours chart of the BTC/USD pair (data…
The total crypto market cap is currently consolidating below the $167.0B resistance. Bitcoin cash price is currently above $260 and it could rebound towards $270 and $275. EOS price is likely to climb slowly above the $4.75 and $4.80 resistance levels. Stellar (XLM) price is making an attempt to move back above the $0.1000 resistance.…