Bulls

Bitcoin Price Will Never Hit $100,000? Gold Bug Bashes Bulls

For the longest time, Bitcoin investors have been shooting for the moon, calling for the BTC price to hit lofty price points, like $50,000 and $100,000. The cryptocurrency has the potential to usurp traditional power schema, after all. But, Peter Schiff, a leading gold investor, doesn’t think such appreciation will take place. Related Reading: ‘Discount Bitcoin […]

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Bitcoin Price Analysis: Triangle Breakout Pokes The Bulls, Is $9,600 Next?

Triangle breakout fails to stir up action as expected. Bitcoin remains to be bound in a wide range between $9,600 and $9,000. Bitcoin appears to be nurturing a bullish momentum towards the end of the European session on Monday. The action follows a mundane trading session over the weekend. The best that Bitcoin did was […]

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Bitcoin May Soon Make a Big Movement That Favors Bulls

After facing some downwards pressure yesterday, Bitcoin (BTC) has been able to incur some upwards momentum that has allowed it to climb back to $9,300, which marks a slight climb from its daily lows of $9,150. Analysts are now noting that Bitcoin is currently caught within a wide descending channel over a long-time frame, but […]

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Big Bitcoin Bulls Don’t Want BTC to Dip Below $9000

It’s Halloween today. It’s also the day when anonymous cypherpunk, Satoshi Nakamoto presented the idea of Bitcoin to the world, 11 years ago. The whitepaper released since then has become a model for censorship-resistant finance. Probably, that’s the reason why strong-headed BTC bulls don’t want the digital asset’s price to ‘dip’. Not at least today. […]

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Bitcoin (BTC) Price Consolidating Gains, Bulls Eyeing Fresh Increase

Bitcoin price is currently consolidating above the key $9,000 support area against the US Dollar. The price is struggling to gain bullish momentum above the $9,600 and $9,720 resistance levels. There is a connecting bearish trend line forming with resistance near $9,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). The […]

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Bitcoin Price Analysis: Bulls Reverse Entire Bearish Drop

Summary: A $1,500 candle proved bullish resolve for the bitcoin price as the entire bearish drop that occured this week was engulfed. The market is currently testing a major level in the $8,800s and there is a potential short squeeze setup that could propel the market even further. There are a ton of stops built […]

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Bitcoin Price Drops Back To $7,900 as Bulls Lose Steam

What started out as a positive week for bitcoin has turned bearish again as the world’s top digital asset plunged below $8,000 yet again. A few hours ago BTC wiped out its weekly gains and the big move that many have predicted may just have initiated. Bitcoin Price Back Below $8k The purge initiated a […]

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Bitcoin Price Analysis: Breakout Gets Rejected as Supply Drowns Bulls

Summary: Last night, the bitcoin market saw a strong breakout get immediately rejected as selling pressure shoved the breakout down from $8,800 to $8,200s in a very short period of time. At the moment, the market is sitting on top of strong support and it hasn’t broken just yet.  If the bulls are going to […]

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Bulls Push Bitcoin Price to a 2-Week High, is $9,700 Next?

On Oct. 9 Bitcoin price rallied 5% to notch a 2-week high at $8,715. Traders now must push BTC above the 200-daily moving average and set a higher high above $9,780. On Wednesday morning Bitcoin perked up and punched above the $8,300 resistance during the U.S. trading session. Daily crypto market data. Source: Coin360 The […]

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Analyst: Bitcoin Likely to Move Towards $7,600 as Bulls Falter

Bitcoin’s bulls have lost their strength and allowed bears to push the cryptocurrency under its previous key support level at $8,200, which may signal that significantly further losses are imminent in the near-future as BTC slowly creeps back towards its recently established range lows at $7,800. Analysts are noting that Bitcoin is likely to continue […]

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Bitcoin Price (BTC) Watch: Here Is Why Bulls Must Be Careful

Bitcoin price is currently trading below the $10,080 resistance area against the US Dollar. The price is facing many hurdles on the upside near $10,080 and $10,100. There is a short term breakout pattern forming with resistance near $10,060 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could either […]

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Bitcoin Pushes Higher as Bulls Target $10,800

After facing a sudden influx of selling pressure yesterday, Bitcoin’s bulls have been able to defend its position within the mid-$10,000 region and are now pushing BTC up towards its next key resistance level around $10,400. Assuming that this level is broken through, it is possible that bull’s next target will be $10,800, which is […]

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Bitcoin Dips Below $10,000, But Bulls May Soon Take Control

Bitcoin has once again dropped to its key support level of $10,000, although each minor dip below this level over the past 24 hours has been met with relatively strong buying pressure. If BTC is unable to surge from this level, however, it could once again revisit its historically strong support region that currently exists […]

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Bitcoin Price (BTC) Signaling Bullish Reversal: Can Bulls Break $10.5K?

Bitcoin price surged higher and broke the main $10,000 and $10,200 resistances against the US Dollar. The price is currently consolidating below the next key resistance at $10,500-$10,525. This week’s followed key bearish trend line was breached with resistance near $9,880 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price […]

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Exhausted Bitcoin Cash Bulls Could Spark Crushing Dump to $200

Bitcoin Cash may be a good pick for long-term investors due to its strengthening fundamentals. However, the cryptocurrency’s prospects in the short-term are not looking great. The first bitcoin fork is struggling to keep its head above water. The cryptocurrency’s weakness hasn’t gone unnoticed. The widely-followed Peter Brandt took to Twitter to share his bearish […]

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Bitcoin Bulls v Bears: Analysts Undecided on Next Direction For BTC

The market chop and consolidation has continued for bitcoin today and analysts remain on the fence as to where it is likely to go next. The trading range is getting tighter however so a breakout could be imminent. Bitcoin Holding Fast at $10k Over the past 24 hours BTC has traded between $10k and $10.2k […]

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Bitcoin Price Analysis: $10,000 Sees Bulls Accumulating

Since the recent drop from $11,000 t0 $9,800 as outlined in my previous analysis on BTC, price levels have created an asymmetrical triangle and will see a breakout next week. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see the asymmetrical triangle highlighted after the breakdown from the rising wedge as […]

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Bitcoin Bulls Have “Nothing to Worry About” Despite Overnight Pullback

After consolidating in the upper-$11,000 period for an extended period of time, Bitcoin (BTC) incurred a sudden influx of selling pressure that sent the crypto reeling down to lows of roughly $11,300, at which point it found some support. Analysts are now noting that Bitcoin’s bulls are safe so long as the crypto holds above […]

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Bitcoin (BTC) Price Is Trading In Uptrend But Can Bulls Clear $12K?

Bitcoin price is trading above a couple of important supports near $11,800 against the US Dollar. The price could rally sharply if there is a successful close above the $12,000 resistance. There was a break above a major contracting triangle with resistance near $11,860 on the hourly chart of the BTC/USD pair (data feed from […]

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Bitcoin (BTC) Price Weekly Forecast: Can Bulls Aim $11.5K?

There was a decent rise in bitcoin price above the $10,500 resistance level against the US Dollar. The price climbed higher and even broke the key $10,650 and $10,800 resistance levels. There is a major ascending channel forming with support at $10,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The […]

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Bitcoin Price Analysis: Bulls Pushing BTC Towards $11,000

In my previous analysis, we looked at how bitcoin price action was trading in a key decision point. Now BTC bulls are heading back towards the $11,000 price mark forming a new uptrend. Bitcoin Price 1-Hour Chart On the 1 Hour chart for XBT/USD, we can see how the recent breakout of the asymmetrical triangle […]

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Bitcoin Reclaims $10,000 in Sudden Surge: Can Bulls Keep the Pace?

Well then. Bitcoin (BTC) has just reclaimed $10,000 in a sudden surge to the upside. As of the time of writing, the cryptocurrency sits just shy of $10,000, finding itself up 4% in the past 24 hours. Related Reading: Bitcoin and Crypto Shouldn’t & Can’t Be Banned, Say Politicians: Why? Interestingly, altcoins have underperformed the […]

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Ethereum Price Weekly Forecast: ETH Bulls Facing Uphill Task

ETH price remained supported above the $200 level and recovered slightly support against the US Dollar. The price climbed above $220, but it faced a strong resistance near the $225 level. Earlier, there was a break above a major bearish trend line with resistance near $212 on the 4-hours chart of ETH/USD (data feed via […]

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