Bitcoin is eyeing change of fortunes above $6,800, having convincingly scaled a key moving average hurdle earlier today. At press time, is changing hands at a six-day high of $6,600 on Bitfinex – up 3.44 percent on the day.
At press time, BTC is changing hands at a six-day high of $6,600 on Bitfinex – up 3.44 percent on the day.
For instance, prices rose above $6,300 on Saturday, but trading volumes fell to $2.92 billion, the lowest level since November 7, according to CoinMarketCap.
However, the solid move above the 20-day moving average (MA) resistance of $6,400 seen today is backed by a pick-up in trading volume.
As of writing, 24-hour trading volume stands at $4.64 billion – up more than 50 percent from the 36-week lows seen on Saturday.
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BTC’s corrective rally has gathered pace and prices could rise to $6,838 (neckline resistance) in the next day or two.
BTC shot to highs of $39,770 on Coinbase, crossing above the 50-day moving average…
The post Bitcoin price eyes $40k, above 50 DMA for first time since May appeared first on Coin Journal.
Bitcoin has climbed back above $7K for the second time this month. While the first time, Bitcoin was unable to set a higher high, allowing for support above $7,000, this time it looks set to do just that.
Bitcoin (BTC) seems to have made a higher low for the first time since the beginning of the downtrend. The price is currently trading above $6,300. Every day the price of Bitcoin (BTC) stays above the $6,000 mark in the days ahead, market confidence is expected to increase by leaps and bounds.
The BTC markets are currently attempting to establish a higher low above $6000 after failing to break above resistance at $6800 at the end of June, whilst BCH appears to have bounced off the critical support area of $600 – $650 for the second time in 2018.
Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money.
Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post.
After a feeble rally on diminishing volume, bitcoin is currently in the middle of its first major pullback in about 2 weeks. Over the last week or so, bitcoin managed to break its sustained downtrend and trend back inside the macro trading range (TR) — both of which are quite bullish market characteristics.
Current market correction since the beginning of the year has had a devastating effect on the price of Lisk (LSK). The cryptocurrency is down 85% from its all time high of $34. 92, reached in early January.
Thursday, July 5: crypto markets are seeing some red, with most major coins down up to 3 percent in 24 hours to press time. Market visualization from Coin360 Bitcoin (BTC) is currently trading at around $6,597.
Crypto markets are relatively stable today, July 4, as data from Coin360 shows, with Bitcoin (BTC) holding above the $6,500 price point. Most of the top coins by market cap are seeing minor gains and losses on the day to pres time.
Crypto markets are relatively stable today, July 4, as data from Coin360 shows, with Bitcoin (BTC) holding above the $6,500 price point. Most of the top coins by market cap are seeing minor gains and losses on the day to pres time.
Last week was critical for Bitcoin (BTC) because it could have closed below the 21 EMA for the first time since 2016. This would also have invalidated a 2013 styled bullish view and pushed Bitcoin (BTC) into a bear market for a long time.
The cryptocurrency markets appear to be on an upswing today, July 2, after recovering slightly after last week saw Bitcoin (BTC) dip below $6,000, twice. Market visualization from Coin360 Bitcoin is above $6,500, trading for around $6,599 by press time and up around 4 percent over a 24 hour period. Bitcoin price chart. Source: Cointelegraph
Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s.
Litecoin has continued its downward trend falling a further 17. 74% over the past 7 days. The cryptocurrency currently is trading hands at a price of $80. 65 as it battles to stay above $80 at the time of writing.
Bitcoin (BTC) is currently in a tough spot. The next few days have the potential to decide the fate of Bitcoin (BTC) for the months ahead. So far, the cryptocurrency has done well to stay above $6,000 but having breached that level once, it would not be a surprise if it did that again.
The China Center for Information Industry Development (CCID) released the second iteration of its monthly Global Public Chain Technology Evaluation Index. As part of the Ministry of Industry and Technology Information, the CCID is releasing the monthly reports on behalf of the Chinese government.
The top cryptocurrency market held by bitcoin core (BTC) has touched a triple bottom at $5,832 during the early morning June 24 trading sessions. Also read: The Bitcoin-Culture Invasion: T-Shirts, Hats, Candles, Mugs, and More Triple Bottom Achieved: What’s Next for Crypto-Markets? As we mentioned above the last time prices were this low was back in
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD.
Total market cap of all cryptocurrencies from Coinmarketcap Bitcoin (BTC) is trading around $6,663 at press time, down 2. 6 percent over the 24-hour period. The leading altcoin is nonetheless holding ground above the $500 mark, after an intra-weekly low saw it drop to $486.
Stellar (XLM) is currently showing signs of weakness trading against the US Dollar. The price has fallen below the triangle it was trading in last week and looks indecisive. However, the RSI is currently near oversold levels and a reversal could be in the offing.
Bitcoin has taken a serious beating in the last 48 hours with significant drops happening in two legs plunging the price from just above $7,600 to $6,784 at the time of writing according to livecoinwatch.
Venmo could be the ultimate cryptocurrency experience from a user-experience perspective. Any cryptocurrency that seeks to power the future of global transactions must ensure that it is supported by a payment system that is simple, user-friendly and free — like Venmo.
Bitcoin (BTC) created its first higher low since June 18, but has yet to break out from a horizontal and diagonal resistance level.
The post Bitcoin (BTC) Reaches First Ever Close Below 50-Month Moving Average (MA) appeared first on BeInCrypto.
Bitcoin (BTC) has dropped to a crucial long-term moving average (MA), below which it has never reached a weekly close.
The post Bitcoin (BTC) Falls to 200-Week MA for Fifth Time in History appeared first on BeInCrypto.
Charts show the Bitcoin price seems to be falling below the 600-day moving average, a sign that could be bearish for the crypto. Bitcoin Begins To Lose 600-Day MA Support Line As Price Crashes Below $39k Again As pointed out by an analyst in a CryptoQuant post, the price of the crypto is crossing below the 600-day MA curve now, a line that has served as support for BTC in the past.
Bitcoin has recently recovered above $40,000 to much fanfare from investors. This has been a long time coming given how low the digital asset had gotten following the market crash. It is a significant point to cross in the road to another bull rally.
Bitcoin may have had a tumultuous year so far in terms of volatility, but longer-term trends are still very healthy. The yearly moving average price for BTC is closing in on its all-time high. This week has been one of the best so far this year for BTC prices.
Bitcoin is now recovering from coronavirus infection, Coronavirus hit hard on Bitcoin and traditional markets, when btc price dropped by 40% in single day on 12th March. Bitcoin Bulls have shown nice buying momentum last week, and btc price bounced from 4500$ and retested 7100$(Bitstamp).