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Bitcoin has fallen below $35,000, and while given the asset’s recent highs sounds like a sizable correction, the price per BTC is still nearly 1000% higher than where it was less than one year ago. After such extreme moves to the upside, often come crashes that eliminate much of the progress made, until the parabola starts…
Bitcoin has seen some intense selling pressure throughout the past 12 hours that has caused it to shed thousands off its price This move came about following a failed attempt by bulls to send it up to highs of $38,000 yesterday The rejection here confirms that BTC is still firmly range-bound, with whales selling in…
Bitcoin price failed to clear the $37,500 and $37,800 resistance levels against the US Dollar. BTC is currently moving lower and it could continue to move down towards $34,000 or $33,000. Bitcoin is facing a strong resistance near the $37,800 and $38,000 resistance levels. The price is now trading below the $36,500 support and the…
The recent Bitcoin rally to as high as $42,000 has been predominantly been driven by institutional investors suddenly waking up and realizing the asset’s long-term value potential. Buying in now, means not paying ultra-high prices some day down the line if it ultimately catches on. And while FOMO from wealthy individuals seeking to protect that…
Bitcoin has been consolidating within the $30,000 region throughout the past few days and weeks Bulls and bears have largely reached an impasse, with buyers and sellers both being unable to spark any trend This comes as large institutional inflows show some signs of tapering, with these buyers largely being viewed as the ones responsible…
Bitcoin price is struggling to gain momentum above $37,500 and $37,800 against the US Dollar. BTC could decline again if it breaks the $36,000 support zone. Bitcoin is facing a strong resistance near the $37,800 and $38,000 resistance levels. The price is now trading just above the $36,500 support and the 100 hourly simple moving…
Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the cryptocurrency consolidates Where it trends next will undoubtedly depend largely on whether or not bulls can break the ongoing consolidation phase and spark a move higher This will likely only come about if BTC can…
Bitcoin price is facing a couple of strong hurdles near $36,750 and $37,800 against the US Dollar. BTC could decline heavily if it breaks the $34,800 support zone. Bitcoin is struggling to gain bullish momentum above the $36,750 and $38,000 resistance levels. The price is now trading well below $38,000 and the 100 hourly simple…
Bitcoin price is struggling to clear the $38,000 and $40,000 resistance levels against the US Dollar. BTC is currently consolidating above $36,000 and it remains at a risk of a downside break. Bitcoin is trading in a short-term bearish zone below the $38,000 and $40,000 resistance levels. The price is holding a key support zone…
Bitcoin faced a strong drop into Friday. The cryptocurrency, after peaking at $40,000, fell as low as $34,000 in a flash drop on Friday morning. The drop was odd because the cryptocurrency was strongly underperforming altcoins. Normally, during Bitcoin corrections, altcoins fall against the U.S. dollar and against BTC, though this was not the case.…