Recently, there was a sharp decline in bitcoin price below the USD 3,800 and USD 3,750 levels. However, the decline did not last long and BTC/USD bounced back above the USD 3,800 support level. Similarly, there was a drop in ethereum price below USD 130, but later ETH/USD rebounded above USD 135. Ripple price also […]
In one of the recent analyses, we discussed the importance of the USD 10,000 resistance for bitcoin. It seems like the bulls were successful in surpassing this level. BTC/USD rallied close to 7% in the past three sessions and broke many resistances, including USD 10,100, USD 10,220 and USD 10,350. Similarly, there were decent gains […]
Source: Adobe/Aleksandr China’s most recent crypto crackdown may not be as watertight as first thought – with reports from the Middle Kingdom claiming that some domestic crypto-related companies are still recruiting new staff. Per the China Securities Journal, via East Money, a number of firms in cities such as the capital Beijing, as well as […]
Bitcoin buyers managed to push the price back above the USD 6,250 support. BTC/USD gained traction, resulting in an upward move above the USD 6,300 and USD 6,350 resistances. More importantly, many major altcoins recovered sharply, including ethereum, litecoin, ICON, XLM, neo, bitcoin cash and ripple. It seems like the market started a short-term correction […]
Yesterday, we discussed that bitcoin could be bracing for a rebound above USD 3,350. BTC/USD did move higher and broke many important resistances such as USD 3,400, USD 3,450 and USD 3,500. The crypto market turned green and altcoins like ethereum and ripple also gained bullish momentum. ETH broke the USD 90 resistance and traded […]