Bitcoin price gained momentum and settled above the $57,000 level against the US Dollar. BTC is likely to break the $58,500 resistance and start a strong rally, the NewsBTC predicts. Bitcoin started a steady increase and it broke the $56,500 resistance zone. The price is now trading well above the $56,000 level and the 100 […]
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Tag: BTC price
Bitcoin Whale Watching: This Metric that Called the 2017 Top is Now Flashing Red
While demand for Bitcoin remains high, current profit-taking behavior suggests that the market may be on the verge of turning bearish. After weeks of Bitcoin (BTC) sell-offs, high-net worth Bitcoin holders, or whales, are finally back to buying. Their buying activity not only picked up when BTC’s price broke out of the two-months ascending triangle to […]
Bitcoin Stuck in Range, Here’s What Could Trigger More Losses
Bitcoin price is trading in a range below the $57,500 resistance against the US Dollar. BTC is likely to start a major decline if there is a clear break below the $53,500 support zone, the NewsBTC writes. Bitcoin is struggling to gain momentum above the $56,000 and $56,500 levels. The price is now trading well […]
Bitcoin Breaks New All-Time High Above $63K
The price of Bitcoin broke above $63,000 to hit a new all-time high, and traders are mixed in the short term, the Cointelegraph reported. The price of Bitcoin (BTC) reached a new all-time high at $63,478 on Tuesday on Binance. The market sentiment around Bitcoin and Ether (ETH) is overwhelmingly bullish, but the short-term sentiment […]
Why Bitcoin Price Is Gearing For Another Lift-Off To New ATH
Bitcoin price is showing positive signs above $58,500 and $59,500 against the US Dollar. BTC is likely to accelerate higher above $61,000 and $62,000 in the near term, the NewsBTC predicts. Bitcoin gained bullish momentum above the $58,500 and $59,200 resistance levels. The price is now trading above the $60,000 support and the 100 simple […]
The Big $60K Hold is On: 5 Things to Watch in Bitcoin this Week
No signs of selling as miners hoard their earnings and institutions keep piling into the latest Bitcoin exposure products to hit the market, the Cointelegraph reported. Bitcoin (BTC) is looking shaky at the start of a new week as $60,000 remains out of reach — could anything change in the coming days? After an average […]
Why Bitcoin Price Could Restart Rally Unless It Dives Below $56.5K
Bitcoin price is correcting gains from $60,000 against the US Dollar. BTC is likely to start a fresh increase as long as there is no close below $56,500 and $55,250, the NewsBTC predicts. Bitcoin gained bullish momentum above $58,000, but it failed to settle above $60,000. The price is now trading above the $56,500 support […]
Why Bitcoin Price Could Rally If It Settles Above $57K
Bitcoin price is recovering nicely above $55,000 against the US Dollar. BTC is likely to start a strong increase if there is a daily close above the $57,000 resistance, the NewsBTC predicts. Bitcoin started a fresh increase above the $55,000 and $55,500 resistance levels. The price is now well above $55,000 and the 100 simple […]
Why Bitcoin Price At Risk of A Fresh Drop To $54.5K
Bitcoin price failed to gain strength above the $60,000 resistance against the US Dollar. BTC is showing a few bearish signs and it could decline towards $54,500, the NewsBTC writes. Bitcoin struggled to clear the $60,000 resistance and it declined below $58,000. The price is now trading well below $58,000 and the 100 hourly simple […]
Bitcoin’s Winning Streak Ends as Prices Struggle to Break Record
As the CoinDesk announced, Bitcoin is struggling to break above its current all-time high set in mid February. Bitcoin (BTC) trading around $56,700 as of 21:00 UTC (4 p.m. ET), slipping 1.3% over the previous 24 hours. Bitcoin’s 24-hour range: $55,116 to $58,150. Continuing a strong start to the month, bitcoin bulls pushed all the way […]