Bitcoin – Bears Fight Back to Push the Market into Reverse The bears hit back, though much will depend on whether Bitcoin can hold onto $4,000 levels through the day… It was a day in the red for the cryptomarket on Monday, with investors taking some froth off the top, following some solid gains from […]
Bitcoin Surges 5% in Minutes – Can it Lead to Bigger Rallies This Month? The Bitcoin price has surged by six percent on the day to $4,070, breaking out of the $4,000 mark comfortably for the first time since Christmas Eve. Bitcoin’s strength does not convince many traders of a big short-term bull rally. […]
Bitcoin Price Weekly Analysis – BTC Approaching Significant Break Key Points Bitcoin price failed to gain momentum above $3,900 and declined recently against the US Dollar. There is a major contracting triangle formed with support at $3,765 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is approaching the next […]
Bitcoin (BTC) Long Term Price Forecast- January 5 BTC/USD Long-term Trend: Bearish Resistance levels: $7,200, $7,300, $7,400 Support levels: $3,800, $3,700, $3,600 The BTCUSD pair had been ranging in the last ten days. In the short time frame, Bitcoin was ranging at the $3,900 price level. The crypto’s price also faces resistance at the $4,000 […]
Thriving on bitcoin’s bust As a growing number of cryptocurrency ventures struggle for funding, cut staff or shut down, all is well in one small corner of the industry: lending. Creditors focusing on the crypto arena say they’re finding strong demand from borrowers who don’t want to sell their virtual coins at depressed prices, as […]
Bitcoin Price Watch – BTC Primed To Break $4K Key Points Bitcoin price is grinding higher and it recently broke the $3,900 resistance against the US Dollar. There is a key ascending channel formed with support at $3,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may decline a […]
Fred Wilson's 2019 outlook – Crypto will enter new bullish wave after seeing bottom Venture capital investor, Fred Wilson starts the new year by posting his prediction on what’s going to happen in 2019 on his website. His prediction covers many aspects from politics, global economy, stock market, tech business, including cryptocurrency, quoting what he […]
Bitcoin [BTC] Technical Analysis – Bull carries coin to green pastures As the year comes to an end, Bitcoin [BTC] marks the end with a little slip. BTC, at the time of press, had slipped by 2.38% over the past 24 hours. The coin was valued at $3,792.32 with a market cap of $66 billion. […]
Bitcoin – Bears in Control as the Year Comes to an End It’s back in the red for Bitcoin and how the year ends could be a signal of just what’s to come through the early part of New Year. Bitcoin gained 2.14% on Sunday, partially reversing a 3.54% fall on Saturday, to end the […]
Bitcoin Price Weekly Analysis -BTC Holding Key Uptrend Support Key Points Bitcoin price declined recently towards the $3,560 support area against the US Dollar. There is a key bullish trend line formed with support $3,680 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently holding a crucial support […]