The aggregated crypto market has been struggling throughout the past few weeks, with it incurring an insane selloff that was catalyzed by Bitcoin’s decline from its mid-February highs of $10,500 to lows of $3,800. This selloff did significant damage to the market’s technical strength, leading many investors and analysts to adopt a bearish sentiment – […]

For the first time in just under a week, Bitcoin has tumbled under $6,000, extending Friday morning’s losses of 10%. As of the time of writing this, the cryptocurrency trades for $5,930, having hit $5,895 just minutes ago as of the time of this article’s writing. While this price action just transpired, many analysts believe […]

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 […]

Bitcoin bulls were cheerful this Tuesday as a top analyst’s call to purchase gold amidst the Coronavirus-induced market turmoil created similar opportunities for the cryptocurrency. Jeffrey Currie, a commodity researcher at Goldman Sachs, said in a note that the yellow metal has reached an “inflection point” after the Federal Reserve announced that it would buy […]

11 years after Satoshi Nakamoto launched Bitcoin, some facets of the U.S. government have finally indicated that they are seriously considering the creation of a digital dollar, a move that many say could validate cryptocurrencies, especially BTC. Digital Dollar? According to a Bloomberg Law report released Monday, Democrats in the House of Representatives are seriously […]

Bitcoin is showing signs of a decent recovery above $5,000 against the US Dollar. BTC price could recover further towards the $6,000 resistance, where the bears are likely to take a stand. Bitcoin is slowly rising and it is trading nicely above $5,200 against the US Dollar. A break above $5,600 is likely to lead […]

Bitcoin has entered a firm bout of sideways trading in the days following its recent meltdown from highs of $8,000 to lows of $3,500. The rebound that occurred in the time following this intense selloff led the crypto into the lower-$5,000 region, which is where it has been trading at ever since. It now appears […]

Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could take BTC above $8,000, […]

Bitcoin is facing a crucial resistance near $8,200 against the US Dollar (as discussed yesterday). BTC price could trade in a range for a few sessions before the next move. Bitcoin is trading in a bearish zone below the $8,200 resistance area against the US Dollar. The bulls are putting up a fight to defend […]

A vast majority of the crypto market has been in a slump for the past 24 hours, but Ethereum stands apart as the lone top 5 coin in the green. Let’s take a look at why the #2 asset may be outperforming the market right now Is the DeFi recovery turning investors bullish? DeFi may […]

Bitcoin failed to continue above the $9,200 resistance and it is down more than 4% against the US Dollar. BTC is now trading in a bearish zone and it could slide further below $8,700. After forming a short term top near $9,211, bitcoin price declined sharply below $8,880. The price is now trading well below […]

Bitcoin investors are showing a surge in confidence as the price fast approaches $9K and traders set their sights on prices higher targets. Since making a strong attempt at reclaiming the $9K mark at the start of the month, Bitcoin (BTC) price has pulled back slightly but now trades in a tightening range between $8,662 […]

Bitcoin hasn’t fared too well over the past week; after hitting $10,000 last weekend, the price of the leading cryptocurrency fell, tumbling from that key psychological resistance to a price as low as $8,450 (TradingView data) — a drop of 15%. While there are a number of analysts hinting that this retracement is a precursor […]

With the Bitcoin and crypto revolution accelerating, interest in retirement-focused investment is growing. Whereas long-term savings is always a good idea for anyone seeking financial security, the unique nature of blockchain assets requires greater care and understanding to ensure success. Do Your Research With such a rapid pace of development and adoption, seeking to apply […]

Bitcoin failed to stay above the $9,500 support and declined more than 5% against the US Dollar. BTC price is now trading in a negative territory and it could slide below $9,000. Bitcoin started a major decline below the $9,500 and $9,350 support levels against the US Dollar. The price is approaching the $9,000 support […]

Bitcoin managed to stay above the $9,350 support area against the US Dollar. BTC price is currently recovering, but it must surpass $9,825 for a strong upward move. Bitcoin price is currently correcting higher from the $9,350 support area against the US Dollar. There is a strong resistance waiting on the upside near the $9,825 […]

It’s no secret that Ethereum has been one of the best performing major altcoins of 2020, with its rally turning parabolic after it broke above $200. This parabolic rally – which occurred over the span of roughly two weeks – allowed ETH to surge as high as $290. Although the crypto’s parabolic uptrend has stalled […]

Bitcoin’s recent golden cross on the daily chart may have driven bullish enthusiasm for the leading crypto to reach a tipping point. With the upcoming halving, many investors are buying up sub 10K BTC in preparation of the supply-side shock. Golden cross has traders seeing visions of green candles After May, when Bitcoin’s upcoming halving […]

Bitcoin (BTC) saw some intense bull-favoring volatility this morning when the cryptocurrency rallied from $9,600 to over $10,000, with the latest upwards movement marking an ardent defense of the support that exists around $9,500. This latest break above $10,000 may lead the cryptocurrency to see significantly further upwards momentum, as it has marked a notable […]

Ethereum jumped back above $260 and $270 against the US Dollar. ETH price is now consolidating above $275 and it could soon surpass the $288 resistance area. Ethereum is back in a positive zone, with a strong bullish bias above $275 against the US Dollar. The price is likely to accelerate gains towards the $300 […]

Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000). Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar. There are positive signs on the […]

Is the price of bitcoin preparing for a massive price rally ahead? Many traders believe so. The optimistic sentiments emerge owing to a potentially bullish factor. The bitcoin’s 50-daily moving average this Tuesday inched above its 200-daily moving average, a pattern known as Golden Cross. Golden Cross formation hints an upside price rally | Source: […]

Bitcoin corrected lower sharply from the $10,500 resistance against the US Dollar. However, BTC is still above the key $9,800 support and it could soon rally again. After trading to a new 2020 high, bitcoin price corrected lower from $10,507 against the US Dollar. The price declined below the $10,200 and $10,000 support levels. There […]