Bitcoin price broke the $19,200 resistance, but it is still struggling near $19,500 against the US Dollar. BTC could decline sharply if there is a clear break below $19,150 and $19,000. Bitcoin is struggling to gain bullish momentum above $19,400 and $19,500. The price is approaching the $19,150 support and the 100 hourly simple moving…
After consolidating for many days, Bitcoin underwent one final push ahead of the weekly candle close just minutes ago. The price of the leading cryptocurrency currently trades for $19,400, far above the weekly lows. This one final push allowed BTC to push to its highest weekly close ever, according to a crypto trader known as…
Bitcoin has been caught within a persistent bout of sideways trading throughout the past few days, with the selling pressure seen above $19,000 allowing bears to spark multiple strong selloffs throughout the past couple of weeks. These rejections have all resulted in the cryptocurrency forming a series of higher-lows, which is an incredibly bullish technical…
Bitcoin price started a steady recovery from the $18,580 swing low against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,500. Bitcoin is rising steadily above the $18,800 and $19,000 resistance levels. The price is now trading nicely above the $19,000 resistance and the 100 simple moving average…
Traders who have held Bitcoin for more than 155 days are selling their stash as its price eyes $20,000, a Glassnode study revealed. ASOL (Please Don’t Read it Loud) The on-chain analysis platform cited Average Spent Output Lifespan (ASOL), a barometer to gauge the average age of coins that have been transacted. The metric’s higher…
Even those who have been around the cryptocurrency space for some time are still in disbelief over how fast Bitcoin rose from $3,000 to setting a new all-time high in the same year. But despite what the world sees as the biggest wave in FOMO in crypto yet, it isn’t reflected in the volume on…
Bitcoin is clearly at a pivotal point in its current market cycle. But market cycles aren’t always obvious as to what might occur, even if the when happens to become more clear with time. In the leading cryptocurrency by market cap, Decembers are particularly notable, culminating in most of the asset’s tops and bottoms. With…
Queries on Google for Bitcoin reached its highest level alongside its spot price. As of this week, Google Trends, a metric to measure general interest in trending topics, returned a value of 100 for the US search query for the keyword ‘Bitcoin.’ That is more than three times higher than the value of 30 observed…
Mainstream news outlet CNN released an article titled, “Forget bitcoin. These cryptocurrencies are surging even more.” In it, author Paul R. La Monica points out that several large caps all outperformed the leading cryptocurrency during the recent spike. “While bitcoin has soared 15% in the past week to hit a new all-time high just under…
Bitcoin price attempted an upside break above the $19,500 resistance against the US Dollar, but failed. BTC could decline sharply if there is a clear break below the 100 hourly SMA. Bitcoin is currently struggling to clear the key $19,500 resistance level. The price is likely to continue lower below $19,150 and the 100 hourly…