The price of Bitcoin BTC has struggled to hold above $24,700 against Tether (USDT) after being rejected from that region. Bitcoin in recent times has shown bullish signs after rallying to the $24,000 mark, with many investors speculating this could be the start of the bull run. The price of BTC was rejected from $25,200…
Bitcoin price started a recovery wave above $68,000. BTC is now struggling to surpass $68,800 and showing signs of a fresh decline. Bitcoin failed to settle above $68,800 and trimmed most gains. The price is trading below $67,200 and the 100 hourly simple moving average. There was a break below a rising channel with support…
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Bitcoin has been facing some immense volatility throughout the past few days and weeks, with sellers stepping up and trying to invalidate the strength seen by the cryptocurrency as they hold it below the key $19,000 level. A sustained bout of trading below this level will certainly degrade its technical strength. Still, the intensity of…
Bitcoin price extended its decline below the $30,000 support against the US Dollar. BTC is finding bids near $29,250 and it might attempt an upside correction. Bitcoin is following a bearish path and it broke the key $30,000 support zone. The price is now trading well below $31,000 and the 100 hourly simple moving average.…
Bitcoin traded close to $25,000 before it corrected lower against the US Dollar. BTC must stay above the $23,500 support to start another increase. Bitcoin started a fresh increase above the $24,000 resistance zone. The price is now trading above the $23,600 level and the 100 hourly simple moving average. There was a break below…
Bitcoin price recovered above $33,000, but it failed to climb above $35,000 against the US Dollar. BTC is retreating from the 100 hourly SMA and it could extend its losses. Bitcoin started a decent recovery and it climbed above the $34,000 level. The price is now facing hurdles near $34,000 and the 100 hourly simple…
Bitcoin price is up over 2% and it broke the $11,800 and $12,000 resistance levels against the US Dollar. BTC is now trading above $12,000, with high chances of more upsides. Bitcoin remained in a positive zone and it cleared the $11,800 and $12,000 resistance levels. The price is currently testing the $12,150 zone and…
Bitcoin has sustained a strong correction over the past few days as legacy markets have turned red. The price of the leading cryptocurrency just plunged under $10,000 minutes ago for the third time in the past 48 hours. BTC now trades for $9,950 as of this article’s writing, around a percent or two above the…
Bitcoin is showing positive signs above the $57,000 level against the US Dollar. BTC could gain pace and it might even test the $60,000 resistance zone. Bitcoin started a fresh increase and it broke the $58,500 level. The price is now trading above $58,000 and the 100 hourly simple moving average. There was a break…