After multiple failed attempts near USD 19,500, bitcoin price dropped and broke the USD 19,000 support level. The price is currently (05:00 UTC) down over 2% and it could continue to move lower towards the USD 18,500 level or even USD 18,200. Similarly, there was a bearish reaction in most major altcoins, including ethereum, XRP, […]
Yesterday, bitcoin price broke a crucial support area near the USD 8,200 and USD 8,000 levels. It opened the doors for more downsides and BTC/USD crashed below the USD 7,850 and USD 7,650 support area. The price is down more than 8% in the past three sessions and it is now trading below the USD […]
Bitcoin price formed a support base above USD 30,000 and started recovering. BTC broke the USD 30,500 and USD 31,200 resistance levels. It is currently (13:00 UTC) approaching the USD 32,500 resistance, where the bulls might face hurdles. Similarly, most major altcoins are recovering higher. ETH/USD is gaining pace above USD 1,150, but it could […]
Recently, we saw a nice upward move in bitcoin and altcoins. BTC/USD broke the USD 4,000 and USD 4,100 resistance levels. However, the price found a strong selling interest near the USD 4,200 level, resulting in a sharp decline. Sellers pushed the price back in a bearish zone below the USD 4,000 pivot level. Similarly, […]
Bitcoin price failed to continue higher above the USD 13,800 resistance. As a result, BTC started a downside correction and traded below the USD 13,500 support. The price is currently (13:00 UTC) down over 2% and it is now approaching the USD 13,200 and USD 13,000 support levels. Similarly, there was a fresh decline in […]