Bitcoin price surged towards the $18,500 level before correcting lower against the US Dollar. BTC must stay above $17,500 for upside continuation in the near term. Bitcoin rallied further towards the $18,500 level before correcting lower sharply. The price is holding the key $17,500 support and it is well above the 100 hourly simple moving…
Bitcoin has come a long way from where it was just under one year ago, with the March 12th selloff sending the cryptocurrency to lows of $3,800 – from which point it has seen exponential upside growth. One analyst is now noting that BTC’s days seeing sharp selloff events like this one are over, with its…
Bitcoin still has some room to climb before setting a new all-time high in the price per BTC. However, the current market cap of Bitcoin is now currently larger and more valuable than it was back when the cryptocurrency traded higher. Here’s an explanation of how the leading cryptocurrency by market cap set a new…
Bitcoin price just had its first decent-sized pullback since making it above $16,000. Less than 48 hours later, the cryptocurrency was already trading well above $18,000. In the late-night spike last night, the seemingly parabolic crypto asset touched a new 2020 high of $18,474 on Binance, before falling back to $17,800 where the resistance zone…
It’s totally fair to say that the institutional investors are finally entering the Bitcoin and crypto-asset markets. Bitcoin has seen a strong rally over the past few weeks and months. In the past month alone, the cryptocurrency has gained 50%. It has become increasingly clear that this rally has been driven by the entrance of…
Bitcoin price rallied over 6% and it broke the $17,500 resistance against the US Dollar. BTC is consolidating gains and it seems like the bulls are aiming more upsides above $18,000. Bitcoin extended its rise above the $17,200 and $17,500 resistance levels. The price traded to a new monthly high at $17,895 and settled above…
The Bitcoin price is hovering above $17,700 after an explosive overnight rally. Albeit the market sentiment is at its peak, some traders anticipate a healthy BTC price pullback might occur. Michael van de Poppe, a full-time trader at the Amsterdam Stock Exchange, said an average 30% correction would mark a healthy pullback for BTC. If…
Bitcoin is erupting higher once again after managing to pass $17,000 just hours ago earlier this morning. It appears that the cryptocurrency is entering the “blow-off top” phase of the market cycle, surging hundreds of dollars higher over the span of a few hours. At the local peak, Bitcoin traded for $17,750, though now trades…
It’s the end of an era for Bitcoin, with the benchmark cryptocurrency putting its recent multi-year bear market in the past as it moves to set fresh all-time highs. BTC is now pushing past $17,000, with its buyers shattering the selling pressure that existed at this level and now moving to spark an even further…
Bitcoin price gained bullish momentum and it broke the $16,500 resistance against the US Dollar. BTC is likely to continue higher towards $17,000 as long as it is above $16,200. Bitcoin regained strength and it broke the $16,500 and $16,600 resistance levels. The price traded to a new monthly high at $16,897 and settled above…