Bitcoin price climbed further above $5,300 before topping near the $5,330 level against the US Dollar. The price corrected lower below $5,300 and $5,255 support levels. There was a break below yesterday’s discussed ascending channel with support at $5,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is still…
The total crypto market cap corrected lower and tested a major bullish trend line at $168.0B. EOS price failed to stay above the $5.50 level and corrected towards the $5.40 support. Binance Coin (BNB) rallied around 10% and broke the $21.00 resistance area. Bitcoin cash price is down more than 4% and declined below the…
Bitcoin (BTC) trend is bullish but below Apr-11 highs Analyst says Bitcoin (BTC) may take 22 years to re-test 2017 highs Accompanying firm upsides is shifting sentiment and recovering prices. At spot rates, Bitcoin (BTC) gains are low, but even so, it is volatile enough and attractive for risk-off traders. Our immediate targets remain at…
Despite witnessing some exciting price action over the past several weeks, the crypto markets are currently taking a slight breather as Bitcoin tepidly advances into the $5,200 region. Although the recent upwards momentum appears to have fizzled out, analysts are now expecting Bitcoin to make another upwards push back up towards its strong resistance level…
There is no doubting that mood in surrounding Bitcoin and cryptocurrencies has lightened this month as markets finally moved off the bottom. Many analysts predicted a final capitulation down to $2,500 or lower but that seems like a distant memory now. Price predictions now are of a more positive nature and some see Bitcoin getting…
Bitcoin price formed a double bottom pattern near $4,940 and climbed higher against the US Dollar. Bulls pushed the price above the key $5,150 and $5,160 resistance levels. Yesterday’s highlighted major bearish trend line was breached at $5,110 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading…
The total crypto market cap stayed above the key $160.0B support and climbed towards $170.0B. Litecoin (LTC) price recovered recently and moved above the $80 resistance. Bitcoin cash price extended gains and it could move higher towards the $320 level. Tron (TRX) price is currently consolidating above the key $0.0260 support area. Cardano (ADA) price…
The large upwards momentum that Bitcoin incurred over the past couple of weeks appears to have petered out as BTC has failed to advance past $5,400 since surging from lows of roughly $4,000 last month. Despite the dwindling momentum, the rally that brought the enduring “Crypto Winter” to an end may not be over yet,…
After picking up some steam this past Sunday, Bitcoin was able to approach the $5,200 level before dropping slightly. Although the previous drop – which sent BTC reeling back towards the lower-$5,000 region last week – seemed to mark the end of the surge, it now appears that the markets have further room to climb…
Bitcoin price close above $5,000 Analysts and Investors confident of market recovery The Bitcoin moon-sling chorus is only getting louder as the market ooze confidence thanks to early April upswings and supporting candlestick arrangement. Even so, there should be a conclusive close above $6,000 before bulls lift prices higher. Bitcoin Price Analysis Fundamentals Not only…