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Bitcoin Gains Momentum, Here’s What Could Spark A Major Rally

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 […]

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 […]

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 […]

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 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 […]