[ad_1] Bitcoin is once again in the process of peeking above the $9,000 level. The resistance that has been established at just above this price point has proven to be rather significant, as BTC has faced multiple harsh rejections at $9,200 and $9,500. Analysts are now noting that the cryptocurrency could be well positioned to […]
[ad_1] It’s been an explosive past few weeks for Bitcoin. The cryptocurrency, which traded in the $6,000s at the start of April, traded as high as $9,500 last week. While the ongoing rally has stalled in the $8,000s, with BTC holding at $8,800, analysts expect upside. Backing this sentiment is a confluence of technical and […]
[ad_1] It’s been a strong week for Bitcoin and the rest of the cryptocurrency market. Per data from Coin360.com, the leading cryptocurrency has gained close to 20% in the past seven days. While this is undoubtedly one of Bitcoin’s best weekly performances in months, this is actually the asset’s seventh week of gains in a […]
[ad_1] Bitcoin’s recent uptrend appears to be far more than just a fleeting relief rally, as data suggests that it has been driven primarily by retail investors as margin traders flee the market due to the mass liquidations resulting from recent volatility. This coincides with an interesting trend seen while looking towards the cryptocurrency’s daily […]
[ad_1] Bitcoin appears to have now entered another bout of consolidation as the cryptocurrency attempts to break into the $9,000 region. This comes as buyers struggle to surmount the heavy selling pressure that has laced the upper $8,000 region. It seems as though could be on the cusp of seeing a pullback, as one extremely […]
[ad_1] Bitcoin’s insane rally yesterday that allowed it to climb nearly $2,000 at its peak has stalled, with the retrace from its daily highs of $9,500 printing a massive wick that has made its daily candle look quite bearish. Analysts are now noting that a myriad of different technical factors suggest that the cryptocurrency may […]
[ad_1] The crypto market has been able to add on over $20 billion to its total capitalization, with the upswing seen today by Bitcoin and many of its smaller counterparts marking a full erasure of the losses incurred during the mid-March meltdown. The significance of today’s price action extends far beyond just boosting the market’s […]
[ad_1] After trading below $7.800 for days on end, Bitcoin attempted a run at the level just minutes ago. At first, it seemed like the cryptocurrency had a chance, rallying from $7,770 to $7,870 — a gain of approximately 1.2% — within the span of two minutes. Chart from TradingView.com Unfortunately for bulls, as fast […]
[ad_1] Ethereum, like most of its peers, has incurred a slight amount of selling pressure today that has led it to decline from highs of just under $200 that were set yesterday. This tempered move lower comes as the crypto is caught within a firm mid-term uptrend. It does appear that this uptrend may be […]
[ad_1] Bitcoin saw some notable volatility earlier today that led the cryptocurrency to rally up towards $7,700 before facing yet another dire rejection at this level. This has placed BTC firmly back into a tight trading range and has led analysts to anticipate further downside. One trader is noting that the cryptocurrency could be well […]