Bitcoin (BTC) failed to break through the $31,500 resistance level and has since retreated to a range between $30,300 and $30,800 in the past few days. The cryptocurrency has also been unable to reclaim the $31,000 territory, leading some to believe that Bitcoin bears may still have the upper hand. Despite recent signs of strength,…
Bitcoin price is still struggling to clear the $31,000 resistance. BTC is trading in a range and might revisit the $30,000 support zone. Bitcoin is consolidating above the $30,000 support zone. The price is trading just below $30,500 and the 100 hourly Simple moving average. There was a break above a major bearish trend line…
A reptilian technical signal is back in Bitcoin, and it has started to feast upon a new uptrend, according to how the tool works. Take a closer look below at the one-week BTCUSD Williams Alligator, and learn more about what it says about the king of the cryptocurrency market. Bye Crypto Bear Market. See You…
Approximately 150 employees of trading firm Robinhood Markets are slated to lose their jobs, according to a Wall Street Journal report on Monday. This decision, which constitutes the third round of job cuts happened within a span of slightly over a year. This was stated in an internal communication by the firm’s chief financial officer,…
Bitcoin price is attempting a fresh increase from the $30,000 zone. BTC could gain bullish momentum if it clears $30,500 and the 100 hourly SMA. Bitcoin is holding gains above the $30,000 support zone. The price is trading below $30,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming…
The month of June is quickly drawing to an end and although the price of Bitcoin is maintaining a bullish streak, it is still sitting well below expectations. However, all hope is not lost as the market moves into the month of July which has historically been a bullish month for the digital asset. So…
Binance has made a decision to reverse its initial plan of delisting certain privacy coins in Europe. This change in course comes after the exchange revised its operations to align with the local regulatory requirements. According to the developers of Verge (XVG) and Secret (SCRT) cryptocurrencies, a significant outcome was achieved. Seven privacy-focused tokens were…
Bitcoin price is correcting gains from the $31,400 zone. BTC could revisit the $29,200 support or even $28,500 before it starts a fresh increase. Bitcoin is currently correcting gains from the $31,400 zone. The price is trading below $30,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with…
The latest Bitcoin price action has pushed momentum into the positive on just about every timeframe that matters: From today the daily through the monthly. If these signals confirm with a June monthly close, the train might have officially left the station when it comes to the next crypto bull run. BTCUSD Momentum Builds Across…
By the completion of its daily candle on Wednesday, Bitcoin had gained over 18% in just seven consecutive sessions, abruptly ending the steady drift lower which had dominated its price action since Bitcoin put in its mid-April high above 30,000. How unusual is this magnitude gain in only a week’s time, and what’s happened in…