Bitcoin retreated by more than 2.5 percent in the early London trading session on profit-taking sentiment. The plunge almost mirrored a similar downside move in spot gold as the precious metal corrected lower shortly after coming at a striking distance of $2,000 an ounce. Analysts at JP Morgan & Chase warned about gold peaking out,…
Bitcoin has extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as $11,500 on leading margin exchanges. There remain signs that BTC could undergo a strong retracement after surging as high as $11,500. This comes in spite of the fact that BTC is…
Bitcoin’s intense uptrend seen throughout the past couple of days has allowed it to navigate towards its crucial high time frame resistance region that sits at $10,500. The crypto came incredibly close to tapping this price level earlier today, but the selling pressure here was significant and it has since declined back down to $10,300.…
Bitcoin price has broken up out of its trading range and has potentially also broken out of a massive, multi-year triangle. If the breakout can hold and confirm, the first logical target according to an important bull market factor would be $14,000. Bulls Push Bitcoin Price Out of Sideways Range, Causing the Cryptocurrency to Skyrocket…
Bitcoin price could hit $120,000 in the coming years, according to a chart with alleged links to Citibank. The unverified image, first shared by Altana Digital Currency’s CIO Alistair Milne, depicts Bitcoin in a 2.5 years-long bull run. It also highlights the cryptocurrency’s potential to breach above $19,500 by 2021. A Bitcoin chart with links…
Bitcoin rallied over 4% and it broke the key $10,000 resistance against the US Dollar. BTC is showing a lot of positive signs and it is likely to rise further above $10,200. Bitcoin gained bullish momentum above the $9,800 and $10,000 resistance levels. The price is now holding strong at $10,000 and it is well…
In the past few minutes, Bitcoin has crossed above $10,000 once again after consolidating at $9,900 for multiple hours. While it isn’t yet clear if BTC has flipped $10,000 into support, a prominent stock/futures trader is expecting a bigger breakout in the weeks and months ahead. This analyst went as far as to say that…
After flatlining around $9,600-9,700 for a number of days, Bitcoin saw an explosive price move early Sunday morning. Following a failed attempt to break $9,800, BTC exploded to $9,150 on spot exchanges and $9,300 on margin exchanges, liquidating dozens of millions. BTC price chart from TradingView.com Bitcoin has since faced down a reversal as bulls…
Bitcoin is back. Over the past few minutes, the asset has rocketed higher past $10,000 for the first time in approximately six weeks. At the local highs, the asset reached $10,150 — and slightly higher on margin exchanges. BTC price chart from TradingView.com According to data shared by crypto derivatives tracker Skew.com, approximately $50 million…
Bitcoin is gaining bullish momentum above the $9,500 and $9,600 levels against the US Dollar. BTC is likely to continue higher towards $10,000 as long as it is above $9,500. Bitcoin is up over 3% and it surpassed the $9,650 resistance zone. It traded as high as $9,748 and settled well above the 100 simple…