Bulls

Bitcoin Just Broke $12,000, As Bulls Take Over Crypto Market

Bitcoin is up over 5% and it surged above the $11,500 resistance zone against the US Dollar. BTC touched the $12,000 market and it seems like the bulls are taking over the crypto market. Bitcoin is gaining bullish momentum and it broke the $11,500 resistance zone. The price even traded above the $11,800 level and […]

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Bitcoin Just Broke Past $11,500—and That’s Huge For Bulls

Bitcoin is ripping higher once again. In the past few hours, the leading cryptocurrency has begun to test the year-to-date highs at $11,500. And just minutes ago, BTC reached a local high of $11,700 after an influx of buying pressure. It is unclear if this rally is sustainable yet: Bitcoin has yet to close above […]

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Bitcoin Price Pierces the Ultimate $10,500 Level: Will Bulls Manage to Hold?

Just minutes ago, Bitcoin pierced the crucial $10,500 level for the first time since rallies earlier this year. The level is of utmost importance for BTC bulls as previous bull trends ended at $10,500. Bitcoin’s strength comes as altcoins have crashed across the board, potentially giving validity to the ongoing uptrend. Analysts, from those on […]

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Bitcoin Bulls Aim Big After Recent Bullish Breakout At $9,650

Bitcoin is gaining bullish momentum above the $9,500 and $9,600 levels against the US Dollar. BTC is likely to continue higher towards $10,000 as long as it is above $9,500. Bitcoin is up over 3% and it surpassed the $9,650 resistance zone. It traded as high as $9,748 and settled well above the 100 simple […]

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Bitcoin Rips Past $9,600 as Bulls Assert Control: What’s Next for BTC?

Bitcoin has continued to push higher after Wednesday’s rally. The asset trades around $9,650 as of this article’s writing. Bulls expect the asset to continue to gain strength as Ethereum, which leads the crypto market, and other markets like precious metals rally. There are technicals, fundamentals, and on-chain metrics backing this optimism, say multiple analysts. […]

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This Indicator Shows Bitcoin Hit a Pivotal Level; Why Bulls Are in Control

Bitcoin has extended its newfound consolidation phase as it trades around $9,200 Both its bulls and bears have reached an impasse, with neither group being able to catalyze any clear momentum It now appears that BTC is positioned to see further sideways trading in the near-term, but one indicator is showing that the tides are […]

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Researcher Says Ethereum 2.0 May Be Delayed — Increasing Risk to ETH Bulls

One of the biggest Ethereum narratives over the past few months is ETH 2.0. For those that are unaware, Ethereum 2.0 is a new version of the network that will dramatically improve usability, bandwidth, and speed. Developers intend to accomplish this by implementing technologies like Proof of Stake and sharding. At the Ethereum Asia Supermeetup […]

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Do or Die For Bitcoin Bulls: Here’s What Could Trigger A Sharp Decline

Bitcoin is still holding the $9,000 support zone against the US Dollar. BTC is now approaching a crucial juncture and it could either rally above $9,200 or start a sharp decline below $9,000. Bitcoin is trading below a couple of important hurdles near $9,200 and $9,220. The price seems to be forming a strong support […]

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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend

Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to […]

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Bitcoin [BTC] Miners Recording Massive BTC Outflows, Will Bulls Survive?

Just a day ago Bitcoin was seen lounging above 10K. However, in just a day’s time, the price of the coin plummeted back to the 9K zone. As per CoinMarketCap, Bitcoin witnessed a 5.91% drop in its price over the past 24-hours, at press time. Bitcoin’s New York  Minute Merely 24-hours ago, the crypto community […]

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All Eyes Turn To Bitcoin Bulls As Miner Revenue From Bitcoin Transaction Fees Falls to Normal Levels

A report from GlassNode, an analytics platform, shows that revenue drawn from transaction fees for Bitcoin miners is back to normal levels. In the Bitcoin network, miners play a critical role of not only securing the network but by confirmation transactions and batching them out in blocks roughly every 10 minutes. This rhythmic pulse and […]

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Bitcoin Price Analysis: BTC/USD Bulls Focused On Destroying $9,000 Hurdle

Bitcoin recovery from recent support at $8,600 stalls above $8,900 but eyes still glued at $9,000. BTC/USD must step above $9,000 soon to avert possible refreshing of $8,600 support due to bears’ gaining traction. Bitcoin price has since the weekend session been unable to clear the resistance at $9,000. This follows the losses that tested […]

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Bitcoin [BTC] Price Inks $10,000, Again. Bulls Aim for High at FOMO

Bitcoin [BTC] broke closes above $10,000 on Thursday with a 9.11% rise. The futures price of Bitcoin at CME reached a high at $10,220. The price are back in contango with over $200 premium for June futures prices. On a daily scale, it broke above the parallel ascending channel it has been forming since the […]

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Sorry Bulls: Bitcoin Prints Perfect Sell Setup Last Seen at February’s $10k Top

After weeks of bullish price action, Bitcoin finally topped $10,000 today, rallying as high as $10,100 on the back of an influx of buying pressure. Many say that this recent move sets the stage for even greater growth, but a trader recently argued that BTC printed a “perfected” sell setup. The setup was the exact […]

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Bitcoin at a Critical Juncture: Here’s Why $9K Is the Most Important Level For Bulls

Bitcoin is attempting to start a fresh increase above $9,000 against the US Dollar. BTC price could either rally above $9,000 or start another decline towards $8,400. Bitcoin is facing a major resistance near the $9,000 and $9,020 levels. The price is trading above the 100 hourly simple moving average, but struggling to gain momentum. […]

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Ethereum Bulls in Serious Trouble as Fractal Forecasts Lower Lows

Ethereum saw a massive rejection from its overnight highs that led it to reel lower today, erasing part of the gains that were incurred during yesterday’s uptrend This has caused the crypto to flash signs of technical weakness, especially while looking towards its Bitcoin trading pair One analyst is also pointing to an extremely bearish […]

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Bitcoin Makes a Compelling Case for a Move to $8,000 as Bulls Grow Hungry

Bitcoin saw a notable overnight rally that allowed it to move as high as $7,300, with this coming about after an extended period of trading sideways within the lower-$7,000 region for the latter part of this past week. It now appears that bulls are targeting a movement towards $8,000, as resistance could be weakening as […]

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Bitcoin Bulls Aim Crucial Test of 100-day SMA Near $8K

Bitcoin is up close to 5% and it broke the $7,000 resistance area against the US Dollar. It seems like BTC bulls are now aiming a test of $8,000 or the 100-day simple moving average. Bitcoin is gaining traction and it recently surpassed the $7,000 barrier against the US Dollar. The price is up more […]

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Oil Prices Surge 24%, Will Bitcoin Bulls Follow Suit?

Bitcoin has been bullish this week, peaking yesterday at over $7,083 on Coinmarketcap and even surpassing $7,200 on several major exchanges. The cryptocurrency declined below $6,900 as of today, but the bullish stance might be supported by surging oil prices. Bitcoin-Oil Correlation Bitcoin usually doesn’t show any correlation to traditional assets. Still, it fell below […]

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Bitcoin Reaches a “Bounce or Die” Level as Bulls Lose Their Footing

After a day-long period of consolidation within the lower-$6,000 region, bulls have once again lost their footing, with bears catalyzing a break below the support that had been established at $6,000. This has led analysts to note that Bitcoin is fast approaching a “bounce or die” level that buyers must defend, or else the benchmark […]

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Ethereum Bulls Incoming? Total Value Locked by DeFi Apps Up 28% in 3 Days

The total value of ETH locked by DeFi dapps in USD terms is up 28% in the last three days, a boon for traders who witnessed one of the largest single day fall of Ethereum on Mar 12, 2020. Ethereum is the leading platform for decentralized finance or open finance applications. Its decentralized nature and […]

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These Simple Factors Show the Bitcoin Bottom is In, But Bulls Aren’t in the Clear Yet

After multiple failed attempts to break above the heavy resistance that Bitcoin has faces around $6,900, the benchmark cryptocurrency has once again fallen into a bout of sideways trading around $6,600. This consolidation phase is also occurring against a backdrop of bullishness within the traditional markets, with BTC being fully exposed to the downside of […]

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Here’s Why Bitcoin Bulls Aim Larger Rally Above $7K In Near Term

Bitcoin is gaining momentum and it is trading above the $6,500 support against the US Dollar. BTC price is likely to continue higher towards $7,000 and $7,200 in the coming sessions. Bitcoin is showing a few positive signs above the $7,500 and $7,400 support levels against the US Dollar. The price could grind higher towards […]

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