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A set of technical indicators see Bitcoin price ending its prevailing bearish cycle, the Cointelegraph reported on September, 20. Bitcoin (BTC) recovered above the $19,000 mark on Sep. 20, a day after falling to its lowest level in three months. Bitcoin struggles after dropping below $20K On the daily chart, the BTC price rose from […]
United States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold, the Cointelegraph reported. Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses. Wall Street provides short-term relief Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining steadily to hit $30,670 on Bitstamp before consolidating. […]
Bitcoin price is consolidating above the $46,000 zone against the US Dollar. BTC is must clear $47,500 and $48,000 to start a steady increase in the near term, the NewsBTC reported. Bitcoin is facing a major resistance near $47,500 and $48,000 levels. The price is still trading well below $48,000 and the 100 hourly simple […]
The market is clear for an attack on $50,000 resistance but not everyone is betting on further upside, data shows. Bitcoin (BTC) edged closer to $50,000 on Aug. 22 as concerns over a bearish downturn made a timely reappearance. “Modestly bearish” signs accompany $50,000 run-up Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $49,830 […]
A “key level” comes into play as Bitcoin challenges longer-term support lines and deals a major blow to long positions. Bitcoin (BTC) fell by $8,000 in hours on Wednesday as hodlers saw a return of levels not seen since the start of February. Bitcoin comes for leveraged traders… again Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stumbling […]
Turkey’s crypto ban sets bad precedent for other countries mulling similar moves, the CoinDesk reported. Billionaire investor Ray Dalio’s fears of governments outlawing bitcoin (BTC, -2.98%) to preserve their monopoly over currencies have come partly true in Turkey. The currency crisis-riddled country announced a ban on cryptocurrencies as a means of payment early Friday, souring […]
Bitcoin price corrected lower, but it remained well bid above $32,000 against the US Dollar. BTC is currently rising, but it must clear the $34,000 resistance for a steady increase, the NewsBTC writes. Bitcoin is slowly gaining momentum above the $33,000 and $33,200 resistance levels. The price is currently trading above the $33,500 level and […]
Bitcoin price surged above the $40,000 level before correcting lower against the US Dollar. BTC traded below $38,000, but it is likely to find a strong support near $36,500 or $35,200, the NewsBTC predicts. Bitcoin extended its rally above the $38,000 and $40,000 resistance levels. The price started a downside correction from a new all-time […]
Bitcoin has continued to erupt higher, even as certain traders have asserted that the market is clearly overbought. As can be seen in the chart below, BTC recently moved toward $28,000. While it did not manage to tap that level, it peaked at $27,900 on top exchanges. Bitcoin currently trades for $22,700 as buying pressure has […]
As the CoinDesk announced on December, 19, Bitcoin cut through $24,000 Saturday afternoon, setting a new record high as the leading cryptocurrency’s ongoing rally continues through the weekend before Christmas. The price of the leading cryptocurrency continued its recent torrid run, setting a new all-time high of $24,122.67 before falling back to $23,978.86, up 5.49% […]