Bitcoin: USD/BTC (BTC=X) well supported by $6,300 for the time being

Bitcoin: USD/BTC (BTC=X) well supported by $6,300 for the time being

Bitcoin: USD/BTC (BTC=X) well supported by $6,300 for the time being Bitcoin is trading at $6,330. The digital coin No.1 failed to return to $6,500 handle despite a strong rally of XRP, ETH, and other altcoins, while its market domination dropped from 58% to 5% in a single day. BTC/USD has gained 1.25% on a […]

Bitcoin: USD/BTC (BTC=X) witnessing massive gains over the course of the past 24 hours

Bitcoin: USD/BTC (BTC=X) witnessing massive gains over the course of the past 24 hours

Bitcoin: USD/BTC (BTC=X) witnessing massive gains over the course of the past 24 hours For the time being, business as usual seems to have been restored within the cryptocurrency space— with most of the major alt-coins witnessing massive gains over the course of the past 24 hours. Overall, the bias in prices is: Downwards. Note: […]

Bitcoin: USD/BTC (BTC=X) Cautious Amidst Crypto Sell-Off

Bitcoin: USD/BTC (BTC=X) Cautious Amidst Crypto Sell-Off

Bitcoin: USD/BTC (BTC=X) Cautious Amidst Crypto Sell-Off The BTC/USD opened today at 6389-fiat after rising from the low near 6218-fiat from the previous day. The pair couldn’t continue the upside correction right from the beginning of the today’s Asian trading session and experience significant sell-off as the day matured. The bearish sentiment also rippled throughout […]

Bitcoin: USD/BTC (BTC=X) Signs of a Bearish Flag

Bitcoin: USD/BTC (BTC=X) Signs of a Bearish Flag

Bitcoin: USD/BTC (BTC=X) Signs of a Bearish Flag Bitcoin bulls and bears continue to battle it out as the price is hovering above the key support area once more. Bulls have strongly defended this level twice already, but the formation of lower highs has indicated that selling pressure is getting stronger. A break below this support […]

Bitcoin: USD/BTC (BTC=X) Upside Limited

Bitcoin: USD/BTC (BTC=X) Upside Limited

Bitcoin: USD/BTC (BTC=X) Upside Limited BTC/USD’s weekly chart continues to project the price movements that are expected, trading within the boundaries of the descending triangle seen on this chart. Prices are now nearing support levels, as it currently trades at $6,200. There is still some downside momentum to this crypto pairing, and we could see […]

Bitcoin: USD/BTC (BTC=X) extended its prevailing bearish correction sentiment

Bitcoin: USD/BTC (BTC=X) extended its prevailing bearish correction sentiment

Bitcoin: USD/BTC (BTC=X) extended its prevailing bearish correction sentiment Bitcoin price on Thursday extended its prevailing bearish correction sentiment and dropped as much as 6.5 percent from the yesterday’s low near $6,710. The BTC/USD in the very first hours of today’s session formed lower highs and lower lows towards 6731-fiat and 6303-fiat. It very much […]

Bitcoin: USD/BTC (BTC=X) Breaks Rising Wedge Support

Bitcoin: USD/BTC (BTC=X) Breaks Rising Wedge Support

Bitcoin: USD/BTC (BTC=X) Breaks Rising Wedge Support The BTC/USD on Wednesday plunged as much as 7 percent. The pair seemed to have overstayed its welcome near the resistance of our Rising Wedge channel. There was absolutely no buying sentiment visible around the area in the past three days. The early Asian session saw to it […]

Bitcoin: USD/BTC (BTC=X) price stayed above the $7,200 support

Bitcoin: USD/BTC (BTC=X) price stayed above the $7,200 support

Bitcoin: USD/BTC (BTC=X) price stayed above the $7,200 support The BTC/USD pair did correct lower and moved towards the $7,200 support. However, sellers failed to push the price further lower towards the $7,130 support area. A swing low was formed at $7,186 later the price traded above the $7,300 level. The price made a few […]

Bitcoin: USD/BTC (BTC=X) Could Pullback

Bitcoin: USD/BTC (BTC=X) Could Pullback

Bitcoin: USD/BTC (BTC=X) Could Pullback The range we are watching for today has 7379-fiat as our interim resistance and 7153-fiat as our interim support. It is a pretty wide range to apply our intrarange strategy; thus, a pullback from the Rising wedge resistance or interim resistance could open a decent short opportunity towards support, and […]

Bitcoin: USD/BTC (BTC=X) continues to trend upwards

Bitcoin: USD/BTC (BTC=X) continues to trend upwards

Bitcoin: USD/BTC (BTC=X) continues to trend upwards Bitcoin price on Sunday continued to stick to its uptrend path, recording as much as 4 percent gains against the US Dollar. The BTC/USD began the Asian trading session with a small upside push in continuation of the overall bullish momentum. As the day progressed, there was visibly […]

Bitcoin: USD/BTC (BTC=X) short sellers are still in control

Bitcoin: USD/BTC (BTC=X) short sellers are still in control

Bitcoin: USD/BTC (BTC=X) short sellers are still in control Just when investors were settling in for another round of digital asset price recovery, cryptos turn bearish again. The market is swimming in the sea of red on Thursday 30 as cryptocurrencies trim the gains that had accrued since the week began. Bitcoin (BTC) is leading […]

Bitcoin: USD/BTC (BTC=X) is poised for further rises

Bitcoin: USD/BTC (BTC=X) is poised for further rises

Bitcoin: USD/BTC (BTC=X) is poised for further rises The BTC/USD started Wednesday just shy of 7010-fiat and managed to go as north as 7137-fiat by the end of Asian, and the beginning of European session. The lackluster volume didn’t offer many opportunities for the day traders, but it established that price could attempt a solid […]

Bitcoin: USD/BTC (BTC=X) nice upside move and broke the $6,750 and $6,775 resistance levels

Bitcoin: USD/BTC (BTC=X) nice upside move and broke the $6,750 and $6,775 resistance levels

Bitcoin: USD/BTC (BTC=X) nice upside move and broke the $6,750 and $6,775 resistance levels The Bitcoin price (BTC/USD) has moved closer to the key level of $7,000 following a sharp uptick that occurred in late Monday trading. The original cryptocurrency spent most of yesterday’s session trading in the $6,700 -$6,800 area. The situation changed toward […]

Bitcoin: USD/BTC (BTC=X) is positioned with a bullish angle above $6,560 against the US Dollar

Bitcoin: USD/BTC (BTC=X) is positioned with a bullish angle above $6,560 against the US Dollar

Bitcoin: USD/BTC (BTC=X) is positioned with a bullish angle above $6,560 against the US Dollar There was a slow and steady rise in bitcoin price from the $6,566 swing low against the US Dollar. BTC/USD traded above the $6,700 level and is currently forming a bullish breakout pattern. The 2-hours chart of BTC price indicates that the […]

Bitcoin: USD/BTC (BTC=X) Look Out for a Wedge Breakout

Bitcoin: USD/BTC (BTC=X) Look Out for a Wedge Breakout

Bitcoin: USD/BTC (BTC=X) Look Out for a Wedge Breakout Looking that the daily chart, after finding support at $6k in the previous week, Bitcoin price $6743.98 +0.18% have traded at highs of $6,900 during the week, where resistance has been found which has been typical where previous support has been found at $6,000. Unlike in […]

Bitcoin: USD/BTC (BTC=X) plunged over 4% from $6,800

Bitcoin: USD/BTC (BTC=X) plunged over 4% from $6,800

Bitcoin: USD/BTC (BTC=X) plunged over 4% from $6,800 Bitcoin has plunged over 4% from $6,800 and tested the support at $6,250 before rising back up again to trade above $6,400 on Thursday’s afternoon trading. The trading volume also suffered as it dipped below $4 billion. The crypto market, on the other hand, has wiped off […]

Bitcoin: USD/BTC (BTC=X) spiked by $US300 in one minute

Bitcoin: USD/BTC (BTC=X) spiked by $US300 in one minute

Bitcoin: USD/BTC (BTC=X) spiked by $US300 in one minute  Bitcoin’s value surged this morning, rocketing from around $US6,450 to almost $US6,900 almost instantly. Prices peaked at $US6,899 before easing back slightly: Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 7,001.28. The projected upper bound is: 7,404.85. […]

Bitcoin: USD/BTC (BTC=X) has been extremely volatile over the last 12 months

Bitcoin: USD/BTC (BTC=X) has been extremely volatile over the last 12 months

Bitcoin: USD/BTC (BTC=X) has been extremely volatile over the last 12 months Cryptocurrencies – digital tokens known as cryptos for short – have investors in the grip of a gold rush fever, with billions being traded every day. Prices fluctuate wildly, making them high-risk investments. But could a more stable, less volatile crypto persuade us […]

Bitcoin: USD/BTC (BTC=X) Under Pressure

Bitcoin: USD/BTC (BTC=X) Under Pressure

Bitcoin: USD/BTC (BTC=X) Under Pressure Down two-thirds from its December all-time high of $20,000, bitcoin (BTC) now risks printing fresh 2018 lows below $5,755. The corrective rally seen over the weekend failed to penetrate the key rising trendline hurdle of $6,480 on Monday, allowing the bears to make a strong comeback. As a result, the leading cryptocurrency fell below […]

Bitcoin: USD/BTC (BTC=X) value will come in time

Bitcoin: USD/BTC (BTC=X) value will come in time

Bitcoin: USD/BTC (BTC=X) value will come in time Bitcoin’s price is close to its lowest point of the year. Rival coins ether and XRP fell alongside bitcoin. The total market capitalization of all cryptocurrencies fell $21 billion in 24 hours. Over the course of a 13-day period, the market capitalization for all of the digital […]

The NYSE Bitcoin Index (.NYXBT) Undergoes Bullish Correction

The NYSE Bitcoin Index (.NYXBT) Undergoes Bullish Correction

The NYSE Bitcoin Index (.NYXBT) Undergoes Bullish Correction This past week, we saw heavy declines below $6,550 in bitcoin price against the US Dollar. The BTC/USD pair even broke the $6,000 support, but buyers appeared and protected more declines. A low was formed at $5,794 and the price started an upward correction. The price moved […]

Bitcoin: USD/BTC (BTC=X) declined sharply and broke an important support

Bitcoin: USD/BTC (BTC=X) declined sharply and broke an important support

Bitcoin: USD/BTC (BTC=X) declined sharply and broke an important support Over the past 24-hours, Bitcoin (BTC) price suffered another bear blow forcing the price back below $6500. Bitcoin is currently trading around $6487 at the time of writing. Its total market capitalization plunges from $122.8B to $111.8B and holding a -7.68% loss in a 24-hour […]

Bitcoin: USD/BTC (BTC=X) slowly recovering above $7,000

Bitcoin: USD/BTC (BTC=X) slowly recovering above $7,000

Bitcoin: USD/BTC (BTC=X) slowly recovering above $7,000 Bitcoin price is slowly recovering above $7,000 against the US Dollar. BTC/USD is likely to struggle near a significant resistance at $7,260. After heavy declines, bitcoin price found bids near the $6,880 level against the US Dollar. The BTC/USD pair traded as low as $6,883 and later it […]

Bitcoin: USD/BTC (BTC=X) continues to struggle overall

Bitcoin: USD/BTC (BTC=X) continues to struggle overall

Bitcoin: USD/BTC (BTC=X) continues to struggle overall Bears come back hard bringing BTC prices below USD 7000 as OKEx clawbacks in USD416 million trade that went bad- the largest futures liquidation in crypto history. The debate on Bitcoin ETF continues as SEC commissioner files public dissent while most on-street believe the delay in ETF. Binance […]

Bitcoin: USD/BTC (BTC=X) crucial connecting trend line formed with support at $7,350

Bitcoin: USD/BTC (BTC=X) crucial connecting trend line formed with support at $7,350

Bitcoin: USD/BTC (BTC=X) crucial connecting trend line formed with support at $7,350 Just close to a week of bearish action, the Bitcoin market is taking a break near a crucial support level. So far, we have seen the BTC/USD establishing its latest high at 8512-fiat, upon which the pair has undergone strong bearish correction action. […]

Bitcoin: USD/BTC (BTC=X) struggling to break the $8,300

Bitcoin: USD/BTC (BTC=X) struggling to break the $8,300

Bitcoin: USD/BTC (BTC=X) struggling to break the $8,300 Thanks to Bitcoin’s massive market dominance, when it falls, other coins tend to follow suit. Unfortunately for some of the other big coins, such as Ripple (XRP), Ethereum (ETH), and Bitcoin Cash (BCH), which have experienced sharp corrections, they, unlike BTC, haven’t enjoyed recent bullish runs to […]

Bitcoin: USD/BTC (BTC=X) move back in the bullish zone

Bitcoin: USD/BTC (BTC=X) move back in the bullish zone Bulls enjoy the sentiment positivity as they take Bitcoin safely over USD 8k, but Altcoins don’t replicate the same run, Overall coin market cap is on the rise SEC continues to delays and rejects Bitcoin ETF applications, Google removes MetaMask and bans cryptocurrency mining apps from […]

Bitcoin: USD/BTC (BTC=X) bullish momentum resting $6,630

Bitcoin: USD/BTC (BTC=X) bullish momentum resting $6,630

Bitcoin: USD/BTC (BTC=X) bullish momentum resting $6,630 Overall, the bias in prices is: Downwards. The projected upper bound is: 7,313.05. The projected lower bound is: 6,012.94. The projected closing price is: 6,663.00. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 6 white candles […]

USD/BTC (BTC=X) Near $6,300 Resistance Level

USD/BTC (BTC=X) Near $6,300 Resistance Level Crypto markets are seeing mixed signals today, June 1, after major growth yesterday, June 30. Leading cryptocurrency Bitcoin (BTC) is holding a psychological price point around $6,300 today, the low point of yesterday’s price surge, which reached $6,450. Most of the top ten coins by market cap are in […]

USD/BTC (BTC=X) is sidelined; bears are getting ready for a new assault

USD/BTC (BTC=X) is sidelined; bears are getting ready for a new assault

USD/BTC (BTC=X) is sidelined; bears are getting ready for a new assault BTC/USD is consolidating in a narrow range with the bearish bias. Experts warn that more downside is in store. BTC/USD is sitting in a narrow range, capped by $6,500 on the upside, down mostly unchanged since the beginning of the day. The digital coin […]

USD/BTC (BTC=X) BTC/USD recovery stalled

USD/BTC (BTC=X) BTC/USD recovery stalled

USD/BTC (BTC=X) BTC/USD recovery stalled From the longer term perspective, BTC/USD moved below $6,483 and reached the new low of 2018, which looks pretty gloomy. The price is trapped within the upper channel of downside Andrew’s Pitchfork with further downside potential towards $5,600 and $4,000 (median line). A sustainable movement above $7,000 is needed to […]

USD/BTC (BTC=X) Technicals Consolidating

USD/BTC (BTC=X) Technicals Consolidating

USD/BTC (BTC=X) Technicals Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.12. The projected lower bound is: 0.07. The projected closing price is: 0.09. Candlesticks A white body occurred (because […]

USD/BTC (BTC=X) Upside Looks Limited

USD/BTC (BTC=X) Upside Looks Limited

USD/BTC (BTC=X) Upside Looks Limited Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.12. The projected lower bound is: 0.08. The projected closing price is: 0.10. Candlesticks A black body occurred […]