Bulls

Bitcoin is Holding Above a Key Support Level as Bulls Guard from Further Losses

After an extended period of trading sideways around $8,800, Bitcoins bears have been able to push the cryptocurrency lower and put it at risk of breaking below multiple key support regions that have been bolstering its price. Analysts are now widely noting that BTC is currently sitting at a key short-term support level that bulls […]

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Here’s Why Bitcoin Bulls Must Wait For Dip To $8.3K For Another Rally

Bitcoin extended its rally above the $8,800 resistance against the US Dollar. However, BTC price might now correct lower towards $8,400 or $8,300 before a fresh increase. Bitcoin price climbed to a new 2020 high at $8,898 against the US Dollar. The price is now showing signs of a downside correction below $8,700 and $8,600. […]

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Bitcoin [BTC] Bulls Hold Above $8000 but Long-Term Bearish Trend Still Intact

Bitcoin [BTC] has been holding its bullish sentiments with a 11% positive weekly close at $8180. The levels above $7,800 are beginning to establish a new range with resistances at $8200 and $8375. BTC/USD Weekly Chart on Bitstamp (TradingView) The oscillators like MACD and CMF on weekly are now starting to reach reversal points. They […]

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Ethereum (ETH) Set To Break Key Resistance At $150, Can Bulls Retake $200?

Ethereum (ETH) on the verge of $150 USD breakout. Short timeframe (TF) charts signals a possible push to $200 USD key resistance area. Ethereum 2.0, Serenity update set to launch in 2020, ConsenSys founder says The start of 2020 has been gracious to Ethereum bulls as the coin experiences gradual growth towards the psychological $150 […]

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Bitcoin Price Downturn has Leading Analyst Call it Quits for Bulls Below $7650-$7800

Bitcoin [BTC] drops below the support from the descending channel as leading derivative’s trader Tone Vays calls it quits for the bulls. In his recent trading Bitcoin update, he mentions that the current pump, though impressive, could be another dead-cat bounce. BTC/USD 4-Hour Chart on Bitstamp (TradingView) Nevertheless, it doesn’t necessarily open short signals as […]

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Bitcoin [BTC] Price Logs High above $8000 as Bulls Break Above this Critical Bear Channel

Bitcoin [BTC] price broke above December monthly high around $7800. The price of Bitcoin [BTC] at 2: 15 hours UTC on 7th January 2019 is $7912. It rose by 7.5% on the 24-hour scale as the price broke bullish above uncertainty around $7350. The peak of the bullish move in the last couple of hours is […]

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Bulls Beware: Bitcoin’s Response to This Key Level May Be a Grave Sign

Bitcoin and the aggregated crypto markets have had a bullish start to 2020, with BTC surging from its recent lows of $6,800 that were set when bulls attempted to spark a sharp sell off earlier this week. Buyer’s ability to absorb the immense selling pressure that was behind this movement is certainly a bullish sign, […]

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Bitcoin Price & Time: Bulls Aiming $7.8K and $8K

After a downside correction, bitcoin price found support near $6,860 against the US Dollar. The price is currently rising and trading nicely above the $7,400 resistance. There was a break above a major declining channel with resistance near $7,345 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price is likely […]

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Ethereum Bulls Could Push Price to $160, But Macro Outlook is Bearish; Here’s Why

Ethereum and most major altcoins have incurred significant upwards momentum over the past day, which stems from Bitcoin’s notable surge from lows of $6,800 to highs of $7,400. ETH, which is slightly underperforming BTC, has been able to reclaim its positive within the $130 region, and is showing growing signs of bullishness. In the near-term, […]

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Bitcoin Bulls Not Out of Woods, Wait For Break Above $7.5K

Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar. The price is likely to climb higher again unless there is a daily close below $7,000. There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from […]

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Bitcoin Rally Pauses But Not Likely Over, Bulls Aim $8K

Bitcoin price rallied recently above $7,300 before it ran into $7,500 against the US Dollar. The price is showing positive signs it seems like the bulls aim another test of $7,500. There is a major bullish trend line forming with support near $7,325 on the hourly chart of the BTC/USD pair (data feed from Kraken). […]

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Math Shows That 2020 Could Be a Great Year for Ethereum Bulls; Here’s Why

Ethereum’s price action has been fully exposed to Bitcoin’s recent bearishness over the past several days and weeks, struggling to garner any independent upwards momentum. This price action has led ETH to remain stuck beneath $130, which appears to have become a resistance level for the cryptocurrency. In spite of its overt bearishness, one analyst […]

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Bitcoin at Major Crossroads, Can Bulls Protect $7,000?

Bitcoin price is just holding the key $7,120 and $7,000 support levels against the US Dollar. A bearish break below the $7,000 support could start a short term downtrend. There are two bearish trend lines forming with resistance near $7,240 and $7,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The […]

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Bitcoin Eyeing Last Line of Defense, Bulls Losing Grip

Bitcoin price is struggling to stay above the $7,160 and $7,120 support levels against the US Dollar. A successful close below $7,120 could accelerate decline below $7,000. There is a key connecting bearish trend line forming with resistance near $7,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could […]

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How Bitcoin Avoided a Much Deeper Pullback with a Timely Reaction from Bulls

Bitcoin’s bullish response to its capitulatory overnight drop to lows of $6,400 has now resulted in the cryptocurrency incurring a significant amount of bullish momentum that has allowed BTC to break back into the $7,000 region. This bullish response came about after BTC tapped a key support line when it visited these recent lows, and […]

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Ethereum & Bitcoin Takes Hit, What Does This Mean For This Bulls?

Ethereum is down 5% again today and it broke the $130 support area against the US Dollar. The price is now trading near key support levels such as $120 and $122. There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken). The […]

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Bitcoin Futures Gap Exists at $11,800; Can Bulls Fill the Gap?

If you’ve been on Crypto Twitter at all during 2019, you’ve likely heard the term “Bitcoin futures gap” mentioned again and again. For some context, a “gap” in a financial market is when an asset doesn’t trade at a certain price, leaving a gap in the order books and charts which is highly irregular. While […]

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Bitcoin (BTC) Breakdown Below $7K Looms, Can Bulls Bounce Back?

Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar. The price is currently struggling to stay above the $7,000 support area. There is a connecting bearish trend line forming with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is […]

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Despite 50% Crash, Bitcoin Still Up 96% in 2019; Can Bulls Maintain Uptrend?

Bitcoin hasn’t had the best second half of 2019. In fact, since the end of June, the leading cryptocurrency has collapsed by 50%, now trading at $7,000 after establishing a year-to-date peak at $14,000. This collapse has made many cryptocurrency critics revel. Mark Dow, a prominent hedge fund manager that became famous in the crypto […]

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Ethereum Could Plummet to Lower-$100 Level if Bulls Fail to Hold Key Support Level

Ethereum has been closely tracking Bitcoin’s price action in recent times, which has proven to be largely bearish. Both BTC and ETH are now trading at key support levels, and any further near-term downside could spark a massive capitulatory sell off that sends the cryptos reeling lower. For Ethereum, analysts are noting that $140 is […]

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Bitcoin Bears Laying the Groundwork for Further Losses as Bulls Lose Momentum

After incurring tremendous volatility throughout the latter part of October and the majority of November, Bitcoin appears to have now entered a period of consolidation as its bulls and bears send BTC between the upper and lower boundaries of a tight trading range. This period of sideways trading may soon come to an end, however, […]

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Bitcoin Bulls Defend Key Trendline as Investors Express Extreme Fear

After incurring a bout of capitulation throughout the latter part of yesterday, Bitcoin (BTC) has been able to post a decently strong rally that has allowed it to recapture its position within the lower-$7,000 region, and its recent lows may ultimately mark a long-term bottom for the crypto. It is important to note that the […]

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Bitcoin Price Drop to $2.5K Possible if Bulls Fail to Retake $7,350

Bitcoin Price looks very weak, but could this just be investors taking their 2019 profits. Bitcoin (BTC) price took a seemingly unexpected turn over the last week as the digital asset shed nearly $2,000 over the past 5 days. Last Sunday Bitcoin looked strong with a peak at $8,727 but by Friday the price found […]

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