Bitcoin extended its recovery above $51,000 against the US Dollar. BTC must remain stable above $49,500 to continue higher in the near term. Bitcoin started a recovery wave above the $50,500 resistance zone. The price is now trading above $50,000 and the 100 hourly simple moving average. There was a break below a connecting bullish…
Bitcoin is recovering and trading above $50,000 against the US Dollar. ETH must settle above $51,000 and the 100 hourly SMA to continue higher. Bitcoin started a recovery wave above the key $50,000 resistance zone. The price is now trading near $51,000 and the 100 hourly simple moving average. There is a short-term bullish trend…
Bitcoin price in a flash found itself below $50,000, only weeks after the top cryptocurrency set a higher high. End of year price targets for $100,000 or much higher are now no longer within striking distance, thanks to a rare bull market corrective pattern that few saw coming. But although Bitcoin has fallen “flat” on…
Bitcoin is struggling to surpass the $57,200 resistance against the US Dollar. BTC is declining and it might accelerate lower if there is a close below the $56,000 support. Bitcoin is struggling to move above the $57,000 and $57,500 levels. The price is now trading below $57,000 and the 100 hourly simple moving average. There…
Bitcoin failed again to clear the $58,500 resistance against the US Dollar. BTC is declining and it might accelerate lower below the $56,000 support in the near term. Bitcoin is struggling to move above the $58,000 and $58,500 levels. The price is just trading above $57,000 and the 100 hourly simple moving average. There was…
Bitcoin is trading above the $56,200 support against the US Dollar. BTC must clear $58,500 to start a major increase in the coming sessions. Bitcoin is struggling to gain pace above the $58,000 and $58,500 levels. The price is still trading above $57,000 and the 100 hourly simple moving average. There is a major contracting…
Bitcoin started a fresh increase above $57,000 against the US Dollar. BTC could extend recovery and it might revisit the $60,000 resistance in the near term. Bitcoin started a fresh increase above the $57,000 and $57,500 levels. The price is now trading above $57,000 and the 100 hourly simple moving average. There was a break…
Bitcoin started a fresh increase above $58,000 against the US Dollar. BTC traded close to $60,000 and is currently correcting gains. Bitcoin started a fresh increase above the $58,000 and $58,500 levels. The price is now trading above $58,000 and the 100 hourly simple moving average. There was a break below a key bullish trend…
Today across the United States, the masses are celebrating the annual Thanksgiving holiday tradition. In the past, the holiday has acted as a catalyst for the final phase of the Bitcoin bull run. To celebrate the holiday and the ongoing cryptocurrency bull cycle, we are looking back at the history of Bitcoin price action over…
Bitcoin is attempting an upside correction above $57,000 against the US Dollar. BTC could gain pace if there is a close above the $58,000 resistance. Bitcoin is facing resistance near the $58,000 and $58,500 levels. The price is now trading near $57,500 and the 100 hourly simple moving average. There was a break above a…