Surge

Bitcoin Reclaiming This Level Could Lead to a 15% Surge: Here’s Why

With Bitcoin in no man’s land, investors have begun to identify clear levels for the cryptocurrency to hold for bulls to remain in control. One trader argued that if the cryptocurrency reclaims $10,000 on a longer time frame basis, a strong surge will follow. Bitcoin Needs to Reclaim $10,000 on a Longer Time Frame Basis […]

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Ethereum Retreats From $250 But 100 Hourly SMA Could Trigger Fresh Surge

Ethereum gained traction above the $245 resistance, but it struggled to clear the $250 resistance against the US Dollar. ETH price is likely to find support near $245 and it could rally again. Ethereum traded to a new intraday high after a spike above the $245 resistance. The price is currently retreating from the $250 […]

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Bitcoin Could Surge Past $10,000 as Ethereum “Hammers” Higher: Top Analyst

Bitcoin and the rest of the crypto market have performed extremely well over the past few days, bouncing 10% from last weekend’s correction lows. Though one cryptocurrency has been dramatically outperforming all the rest: Ethereum. The second-largest cryptocurrency and foremost altcoin was up 10% on Saturday, surging higher on the back of an influx of […]

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Ethereum Breaking This Single Level Could Spark a Surge To $300

Ethereum is up more than 5% today and it is trading above the $235 level against the US Dollar. ETH price is likely to surge towards the $285-$300 if it clears the $248 resistance zone. Ethereum is surging and it recently broke the $220 and $230 resistance levels. The price is now trading well above […]

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Cardano and Ethereum Price Surge Alongside Bitcoin — Will XLM Follow?

The recent surge in Bitcoin price led to rallies in Ethereum, Cardano, Theta Token and Band Protocol, can the upswing continue? The price of Bitcoin (BTC) has been trading in a defined range over the past weeks as the halving hype has passed. Bitcoin’s price action also led to increased volatility in altcoins and some […]

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Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country’s central bank. As Wikipedia describes: “Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies.” The People’s Bank […]

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Bitcoin May Have Rallied 170% But Data Shows a “FOMO” Surge Is Possible

Bitcoin has made immense progress since the lows seen in March. As the chart below depicts, from the lows of $3,700, the cryptocurrency has gained in excess of 150%. This rally comes in spite of the global economy, heading into recession — a recession that the Federal Reserve, the Bank of England, and the International […]

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5 Converging Factors: Bitcoin’s Rally Is Just Starting, Even After 150% Surge

Just seven weeks ago, Bitcoin was trading down in the dumps, at $3,700 after one of the worst trading sessions in the cryptocurrency market ever. In the wake of that move, there were many analysts calling for the crypto market to fall even lower than it had, but digital assets quickly rebounded across the board […]

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Ethereum Leads Market Surge After Posting Ultra Bullish Technical Breakout

After a short bout of bearishness that led Ethereum to retrace nearly all of the gains that were incurred as the result of its recent rally, the cryptocurrency has now been able to post a notable technical breakout. This breakout appears to be catalyzing significant momentum for the cryptocurrency and has even allowed it to […]

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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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These 3 Simple Reasons Suggest Bitcoin Is Ready to Surge Higher

Although there are many investors anticipating Bitcoin will fall once again, citing the global uncertainty that is epitomized by the Dow Jones’ record 3,000-point loss on Monday, there are some reasons to believe the cryptocurrency may soon mount a recovery. Related Reading: Crypto Tidbits: Bitcoin Plunges 50%, COVID-19 Cases at Ethereum Event, Central Banks Inject […]

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Fed’s Surprise Rate Cut Led Bitcoin to Surge, and It Crashed Minutes Later

It has been a turbulent past few weeks for virtually every major market across the globe, with Coronavirus fears sparking an intense selloff that sent the Dow Jones, Gold, and Bitcoin all reeling lower in tandem. This correlation has shown no signs of slowing down, as the Fed just announced a 50-basis point rate cut […]

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Bitcoin Won’t Surge Past $11k Just Yet: Indicators Show Vulnerability to Short-Term Correction

Bitcoin extended its rise towards the $10,500 resistance area against the US Dollar. BTC is now showing signs of exhaustion and it could dip a few points before continuing higher. Bitcoin price is struggling to gain momentum above $10,400 and $10,450 against the US Dollar. The price traded to a new 2020 high at $10,492 […]

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What Caused Bitcoin Price to Surge Past $10K Over the Weekend?

A sudden upsurge of Bitcoin’s price to $10,000 can be narrowed down to three major factors. Since Dec. 18, 2019, in less than three months, Bitcoin’s (BTC) price surged by 68% against the United States dollar. It surpassed the $10,000 level on Feb. 9, marking the start of a full-blown crypto market rally for most. […]

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Why Bitcoin Consolidation Will Culminate In A Massive Surge Past $9,500?

Bitcoin reinforces the support at $9,200 after correction from recent highs at $9,433. Bitcoin price consolidates and settles above $9,300 as bulls focus on key levels at $9,400 and $9,500. Bitcoin is still in a bullish phase despite the correction from the recent high of $9,433. Tom Lee, the co-founder and Managing Partner of Fundstrat, […]

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This Technical Formation Suggests Bitcoin Could Undergo a Violent Surge

Bitcoin (BTC) has been caught within a bout of turbulent price action over the past several days and weeks, which is elucidated while looking at the wide trading range between $8,300 and $9,200 that it has been trading within for the past week. Although the sharp rejection at $9,200 last week did do some damage […]

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Why Analysts Think Bitcoin Price Will Soon Surge Past $9,000

Bitcoin has been on an absolute tear over the past few days, with the price of the leading cryptocurrency rocketing as high as $8,910 just hours ago as of the time of writing this article. While bullish, analysts have been waiting for BTC to break past the key $9,000 price point, an important psychological and […]

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Bitcoin to Surge 150% In 6 Months? Why Analyst Thinks It’s Possible

Bitcoin (BTC) has had a great start to 2020, rallying 16 percent higher from the $6,800 lows put in last week. Although some say it is too early to tell if the cryptocurrency market is out of a bear phase, a prominent analyst who called this latest move is convinced BTC has further to surge. […]

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Google Trends Sees ‘Bitcoin Iran’ Surge 4,500% on Safe Haven Narrative

The rapid breakout of a theory linking Iran to Bitcoin price rises continues to circulate, but not everyone considers the two phenomena to be linked. Bitcoin (BTC) benefiting from the Iran crisis has captured the imagination of internet users worldwide, with its Google search popularity up almost 5,000%. According to data from Google Trends, the […]

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Bitcoin adoption remains stagnant in 2019 as ATMs surge by 56 percent

As much as there are high expectations of cryptocurrency, number of Bitcoin users did not increase significantly in 2019 from the 2018 figure. On the other hand, the number of Bitcoin ATMs grew significantly by 56 percent around the globe. Reportedly, around 4,102 Bitcoin ATMs were available in 2018 and grew up to 6,387 in […]

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Why a Technical Analyst Believes Bitcoin Cash (BCH) Will Surge by 80%

Those who held Bitcoin Cash (BCH) during its meltdown in the latter half of 2019, there may still be time to generate enormous gains. Famous crypto analyst DonAlt on Friday discussed the bullish prospects of the fifth-largest blockchain project by market capitalization. The trader said he expects the BCH-to-dollar exchange rate to hit $380 in […]

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Why Analysts Think Bitcoin’s Surge to $7,450 is Just the Beginning

Over the past few hours, Bitcoin (BTC) has begun to gain momentum once again, pushing past $7,400 after remaining trapped under that level for the past two-odd days. As of the time of writing this, the leading cryptocurrency is trading for $7,470 — registering a 2.22% gain in the past 24 hours. Altcoins have followed […]

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Narratives Arise After Bitcoin’s Surge, But Here’s the Real Reason Behind the Move

After hovering below its previous support at $7,000 for several hours yesterday, Bitcoin’s bulls were able to generate significant momentum that has allowed BTC to reclaim its position within the $7,000 region, and it appears that this upwards momentum is growing. This move coincided closely with news regarding a US airstrike on a top Iranian […]

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