2023-10-26 18:25 |
BTC price is seeking retests of lower levels after Bitcoin bulls fail to push beyond recent 17-month highs.
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The current state of the cryptocurrency markets can be compared to the free-fall experienced due to gravity when someone jumps out of a plane before deploying a parachute. Ever since the 14th of November this year, the value of BTC has fallen from levels around $6,300 to current levels of $4,500.
2018-11-20 16:13 | |
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BTC/USD Medium-term Trend: Ranging Resistance Levels: $7,000, $7,200, $7,400 Support levels: $6,500, $6,300, $6,100 Yesterday, October 9, the BTC price was in a Bearish trend. The overall trend of the price of Bitcoin is a range bound movement.
2018-10-10 09:42 | |
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Bitcoin (BTC) is at a critical point at the moment. The moves it makes from here on out will determine whether the gradual shift in trend over the past few months has been of consequence or not.
2018-9-18 17:00 | |
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Bitfinex data shows traders make larger and larger bets on the future direction of Ethereum, and Bitcoin short positions multiply to make a bet on levels above $6,000.
2018-9-18 15:45 | |
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Key Points Bitcoin price declined recently and broke the $6,450 and $6,400 support levels against the US Dollar. There was a break below a major bullish trend line with support at $6,440 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-9-18 11:48 | |
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Many cryptocurrency traders and enthusiasts find solace in the technical developments of their favorite projects whenever the crypto markets are misbehaving as is the current situation right now.
2018-9-18 11:21 | |
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Bitcoin Price Key Highlights Bitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards. Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure.
2018-9-18 06:52 | |
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BTC/USD Medium-term Trend: Ranging Resistance Levels: $6,400, $6,600, $6,800 Support levels: $6,100, $5,900, $5,700 Last week the price of Bitcoin has been in a sideways trend. The BTC price fluctuates between the levels of $6,400 and $6,200.
2018-9-17 09:20 | |
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Bitcoin (CRYPTO: BTC) will rise to $8,500 in December, according to fintech research firm Trefis in a Sept. 13 statement. BTC is currently at $6,500 and has seen modest gains the last couple of days.
2018-9-14 13:30 | |
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Key Points Bitcoin price climbed higher and broke the $6,320 and $6,380 resistance levels against the US Dollar. There was a break above a major contracting triangle with resistance at $6,330 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-9-13 11:48 | |
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Many altcoins have posted significant losses in recent days, with ETH currently testing price levels not seen in over 12 months after losing 40% in roughly one week. The declining value of altcoins has also driven BTC to continue to establish new highs for market dominance during 2018.
2018-9-12 21:40 | |
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As an emerging cog in the global digital economy, cloud mining offers a tool for enthusiasts to mine cryptocurrencies such as bitcoin without having to acquire hardware or other oft-required elements.
2018-9-11 16:09 | |
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Key Points Bitcoin price slowly recovered after trading as low as $6,249 against the US Dollar. There is a bearish flag forming with current resistance at $6,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-9-7 11:48 | |
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BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,600, $6,800, $7,000 Support levels: $6,300, $6,100, $5,900 Yesterday, September 6, the BTC price was in a bearish trend. The cryptocurrency fell to the low of $6,294.
2018-9-7 09:17 | |
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The total crypto market capitalization has lost a massive $38 Billion since last week Wednesday, the 5th of September. Back then, the crypto community was gearing up for a resurgence of Bitcoin to levels of above $7,500 as the total crypto market capitalization stood at $239 Billion.
2018-9-7 14:26 | |
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The crypto markets have once again declined in a matter of 2 hours that looked more or less like a split second. Observing the Bitcoin (BTC) charts, we find that the King of Crypto dropped from familiar levels of $7,380 to $7,200 in a brief 30 minute period only to continue dropping for another one […] The post Stellar (XLM) Most Stable In The Markets with New Milestone of Over 1 Million Active Accounts appeared first on Ethereum World News.
2018-9-5 18:07 | |
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BTC/USD Medium-term Trend: Bullish Resistance Levels: $7,400, $7,600, $7,800 Support levels: $7,900, $6,800, $6,900 Yesterday, September 3, the price of Bitcoin was in a bullish trend. Yesterday, the price has established itself above the $7,000 price level.
2018-9-4 14:15 | |
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Of all coins under our radar, EOS, Monero and to some extent Litecoin, shows some promise. Not only are they shaking off sellers but their week-over-week movements are decent while others as Monero are trading above key resistance levels.
2018-9-4 03:02 | |
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In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s.
2018-9-4 00:27 | |
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Cryptocurrency traders are eyeing a Bitcoin short squeeze of “glorious” proportions on September 3 — as prices surpass and remain above $7000. Big Buys In Vogue Again As BTC/USD reached its highest levels in almost one month on Sunday, online commentators are grappling with a range of factors to determine the longevity of Bitcoin’s latest uptick.
2018-9-3 19:00 | |
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BTC/USD Medium-term Trend: Bullish Resistance Levels: $7,400, $7,600, $7,800 Support levels: $7,900, $6,800, $6,900 Last week, the price of Bitcoin was in a bullish trend. In a minimized candlestick, the cryptocurrency is making a series of higher highs and higher lows.
2018-9-3 14:20 | |
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Bitcoin is bouncing off the area of interest on the 1-hour chart and could resume the rally to the Fib extension levels. The post Bitcoin (BTC) Price Analysis: Next Upside Targets appeared first on Ethereum World News.
2018-8-31 07:06 | |
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Key Points Bitcoin price corrected lower after setting a new weekly high around $7,130 against the US Dollar. Yesterday’s discussed significant bullish trend line is intact with support at $6,920 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-8-30 11:48 | |
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Bitcoin Price Key Highlights Bitcoin price is still on a tear, making its way up to the top of an ascending channel on the 1-hour chart. Price could be due for a pullback to the channel bottom from here in order to gain more bullish momentum.
2018-8-29 07:03 | |
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Key Points Bitcoin price made a nice upside move and broke the $6,750 and $6,775 resistance levels against the US Dollar. There is a crucial bullish trend line in place with support at $6,780 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-8-28 11:48 | |
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Ever since news broke on the 23rd of August that the SEC were reviewing all 9 Bitcoin ETF denials, there has been a rejuvenation in the crypto markets that is self evident with a stable BTC. Since then, the King of Crypto has been slowly climbing from levels of $6,300 seen earlier on that day […] The post ICX, AION, ARK, LSK and 4 More Double Digit Gainers appeared first on Ethereum World News.
2018-8-25 17:48 | |
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Earlier this morning, during the BitMEX’s Bitcoin spike, the crypto markets looked like they were ready for a breakout as BTC almost got to levels above $7,000. BTC had increased by $400 dollars in a span of less than half an hour and was trading at $6,800.
2018-8-23 19:45 | |
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It’s been an interesting 12 hours for BTC, with the cryptocurrency finally breaking through resistance levels. Most of the drama took place within the space of just a few minutes, when BTC gained $400 without blinking.
2018-8-23 14:50 | |
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After two consecutive bear market weeks, the price of bitcoin closed the week effectively unchanged around the $6,400 mark. In a volatile seven days, bitcoin (BTC) traded in a range between $6,000 and $6,600 but managed to maintain last week’s price level as the week closed.
2018-8-21 10:00 | |
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Bitcoin Price Key Highlights Bitcoin price broke below its ascending triangle consolidation to signal that more losses are in the cards. Price is finding a bit of support, though, so a pullback may be taking place from here.
2018-8-21 07:19 | |
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Around one week ago, the price of Bitcoin was trading at sub-$6k levels with a lot of signs pointing towards a further downward movement. After a bounce back above the $6k level, Bitcoin underwent a bullish week with price reaching weekly highs above $6600.
2018-8-20 16:31 | |
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BTC/USD Medium-term Trend: Bullish Resistance levels: $6,400, $6,500, $6,600 Support levels: $6,200, $6,100, $6,000 Yesterday, August 16, the price of Bitcoin was in a bullish trend. The bulls took price to the high of $6,421.
2018-8-17 11:38 | |
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Bitcoin (BTC) might finally be out of the woods this time as its price finds support at the 200 EMA on the weekly chart for BNC:BLX above in addition to its previous resistance turned support as well as the $5,800 support.
2018-8-16 17:00 | |
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BTC/USD Medium-term Trend: Bullish Resistance levels: $6,400, $6,500, $6,600 Support levels: $6,300, $6,200, $6,100 Yesterday, August 15th, the price of Bitcoin was in a bullish trend. The support level at $6,000 was defended by the bulls.
2018-8-16 12:27 | |
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Key Points Bitcoin price jumped above the $6,400 and $6,550 resistance levels, but failed to hold gains against the US Dollar. There is a major bullish trend line in place with support at $6,240 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-8-16 11:48 | |
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After returning to sub-$6k levels, Bitcoin is on the rise today trading around $6,400. Both the RSI and price action are forming higher lows, with the outlook overall being more bullish. The last few weeks have been a bloodbath for the cryptocurrency markets with steep losses across almost all coins.
2018-8-15 17:22 | |
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The crypto-markets have regained some much needed volumes with the total crypto-market capitalization going back to levels above $200 Billion and currently at $205 Billion. Bitcoin’s (BTC) dominance is still much above half this value and at 53.
2018-8-15 17:18 | |
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It has been a rough 24 hours for all coins in the crypto-markets. The King of Crypto, also known as Bitcoin (BTC), has dropped in value by 5% and is currently trading at $6,059. Its dominance has increased to 54.
2018-8-14 18:45 | |
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Bitcoin (BTC) has held the $5,800 support so far even as crypto carnage continues. While most altcoins have already suffered double digit losses, Bitcoin (BTC) has held its ground as can be seen on the daily BTC/USD chart above.
2018-8-14 17:00 | |
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Key Points Bitcoin price failed to stay above the $6,300 and $6,280 support levels against the US Dollar. Yesterday’s highlighted key contracting triangle was breached with support at $6,350 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-8-14 11:48 | |
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Willy Woo, a veteran digital currency analyst with a strong focus on Bitcoin (BTC), has correctly predicted BTC trends on two occasions as highlighted by Ethereum World News. The first time he did so, was back in late May when he had doubts that BTC would hold its levels above $7,000.
2018-8-14 10:51 | |
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BTC/USD Medium-term Trend: Bearish Resistance levels: $6,000, $6,100, $6,200 Support levels: $5,800, $5,700, $5,600 Yesterday, August 13, the Bitcoin price was in a sideways trend. On August 11th, after the bulls defended the $6,000 price level, the cryptocurrency moved up to the high of $6,46.
2018-8-14 10:11 | |
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BTC/USD Medium-term Trend: Ranging Resistance Levels: $6,500, $6,600, $6,700 Support levels: $6,100, $6,000, $5,900 Last week the overall trend of Bitcoin was bearish. The price of Bitcoin was above the $7,000 price level.
2018-8-13 12:55 | |
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Key Points Bitcoin price found support near the $5,970-6,000 area and recovered nicely against the US Dollar. There is a major contracting triangle forming with resistance near $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-8-13 11:48 | |
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The crypto-markets have continued to decline into the weekend due to the delay of the Bitcoin ETF by the SEC. The total market capitalization is threatening on getting to levels below $200 Billion.
2018-8-11 12:43 | |
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Bear Market Leads to the Rise in Crypto Correlation Recent analysis shows that levels crypto correlation have greatly increased lately, with Bitcoin (BTC) as a ringleader. Bitcoin Controls The Prices Of Other Coins One of the biggest differences between cryptos and conventional shares, stocks, and similar financial products lies in the fact that their prices […]
2018-8-11 01:15 | |
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Key Points Bitcoin price corrected higher and moved above the $6,350 resistance against the US Dollar. There is a key ascending channel forming with support at $6,300 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-8-10 11:48 | |
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Price of bitcoin reached lows of near $6100 yesterday but after finding some support, we are experiencing a rise in price today. It was only two weeks ago when the price was trading near $8500 and BTC has experienced an almost 30% decline from these levels.
2018-8-9 18:02 | |
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The cryptocurrency markets have over-reacted to the news of the SEC postponing making a decision on the CBOE Sponsored Bitcoin (BTC) ETF. Just yesterday the total cryptocurrency market capitalization was stable at levels of around $254 Billion.
2018-8-8 15:47 | |
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Genesis Digital Assets Limited (GDA), a leading force in the global Bitcoin mining sector, has partnered with YPF Luz, a subsidiary of Argentina’s state-owned energy company YPF. Together, both partners have established a new Bitcoin mining facility that capitalizes on an innovative energy resource: stranded gas from oil fields.
Recent findings from BitMEX Research have reignited concerns about the centralization of Bitcoin mining. Their study, which cites insights from Bitcoin analyst Alex Bergeron, points out that a single entity now controls the Coinbase outputs for approximately 47% of the network hashrate—a significant concentration that suggests a shift toward oligopolistic tendencies within the Bitcoin mining […]
Bitcoin Core has officially launched version 27. 0, incorporating an array of enhancements and updates designed to bolster the functionality and security of the Bitcoin network. The update, which can be downloaded from the Bitcoin Core website and GitHub, includes notable changes in network protocols, security measures, and wallet operations.
On Tuesday, the crypto market was off guard when Cathie Wood’s ARK 21Shares spot Bitcoin ETF (ARKB) experienced a significant outflow. This marked the first time since the introduction of spot Bitcoin ETFs in the United States that one of the “Newborn Nine” surpassed the outflows of Grayscale’s Bitcoin Trust (GBTC).
The Bitcoin price has crashed from over $72,000 yesterday to as low as $65,500. As reported earlier today, there are several obvious reasons for this, such as the liquidation of extensive long positions on the red-hot futures market, expectations of a “higher for longer” policy by the US Federal Reserve as a result of hotter than expected inflation data and a relatively weak inflow day for the spot ETFs yesterday.
Just below the all-time high of $69,000, the Bitcoin price has shown more volatility in recent days, only to now tread water around $67,000. But this boredom could soon be over. Following the recent price movements, a notable pattern has emerged on the Bitcoin (BTC) price chart, as recognized by the seasoned crypto analyst Josh Olszewicz.
In a remarkable display of bullish momentum, the Bitcoin (BTC) price has surged, nearly touching its all-time high of $69,044 set in November 2021. The cryptocurrency’s value climbed to an impressive $68,848 before facing a 5% correction, subsequently dropping to $64,200.