Bitcoin has been caught in the throes of an immense bullish trend throughout the past several days, with buyers in full control of its price action as the cryptocurrency puts some serious distance between its recent lows. It is important to note that the recent rejection at $23,700 proved to be quite significant for the…
Bitcoin price extended its rally above $21,500 and $23,000 against the US Dollar. BTC traded to a new all-time high near $23,215 before correcting gains. Bitcoin started a short-term downside correction after trading as high as $23,715. The price is currently holding the $22,350 support and it is well above the 100 hourly simple moving…
Bitcoin has undergone an extreme rally over the past few days, pushing from $19,000 to $23,800 at the highs. The cryptocurrency has since corrected to $23,000 as consolidation has begun after this massive thrust higher. Data shows that there were some whales that were not too excited about this rally. In fact, order book data…
Bitcoin is now beyond its former high of $20,000 but billionaire tech entrepreneur, “shark” investor, and owner of the Dallas Mavericks Mark Cuban, still won’t change his stance on the cryptocurrency. In the past, he’s said he’d “rather have bananas” than BTC, and now, he is doubling down on his skepticism claiming that Bitcoin is…
Bitcoin is well above its former record, thanks in part to the digital gold narrative taking hold in 2020 with institutional investors. But as those who get into cryptocurrencies consider diversifying beyond BTC, one entrepreneur and crypto trader says that Ethereum is the digital version of silver, not Litecoin as it has long been called.…
It has been a wild past few days and weeks for Bitcoin and the entire crypto market The benchmark digital asset’s price has gone parabolic, rallying from recent lows of $17,600 to highs of $23,700 Although it faced a rejection at these highs, its outlook is still incredibly bullish and it has recovered most of…
Bitcoin bulls have taken over the crypto market after weeks of consolidation. The leading cryptocurrency broke past $20,000 a number of hours ago, pushing past this key technical level for the first time. The cryptocurrency now trades for $21,200 after pushing even higher. Bitcoin is up $1,800 during this trading session (since the daily candle…
Bitcoin today smashed above $20,000 and recaptured mainstream media headlines everywhere. FOMO is now full steam, and there’s no telling where the cryptocurrency might stop – unless a fractal forming plays out exactly as it has in past instances of the repeating pattern. Bulls need to fear not, however, as the same fractal suggests that…
Forget that asset’s former all-time high, Bitcoin price just finally blasted well above $20,000 for the first time in history. With the leading cryptocurrency by market cap having no clear resistance above it, it has now entered price discovery mode, and where to next is anyone’s guess. However, here are some logical levels that could…
Bitcoin prices edged higher on Wednesday as traders pinned hopes on the ongoing stimulus talks and fresh guidance from the Federal Reserve. The flagship cryptocurrency rose up to 2.18 percent to $19,866, its best level in two weeks, after breaching above the previous resistance area between $19,500 and $19,600. The move uphill accompanied a spike…