In an eventful day, bitcoin price started a strong rally above the USD 4,250 resistance area. BTC/USD gained bullish momentum and surged above the USD 4,500, USD 4,600 and USD 4,800 resistance levels. The price is now positioned in a significant uptrend, with chances of more gains above USD 4,900 and USD 5,000 in the […]
Source: iStock/da-kuk Yesterday, there was a short-term downward correction in bitcoin and major altcoins. However, losses were limited since cryptocurrencies such as bitcoin, ethereum, ripple, bitcoin cash and litecoin held important supports levels. Later, a fresh bullish wave was initiated and the market moved back into the green zone. Bitcoin Bitcoin price is currently trading […]
Yesterday, there was a strong start of an upward move in bitcoin above the USD 4,500 and 4,800 resistance levels. BTC/USD climbed more than 25% and even surpassed the USD 5,000 resistance. It is currently consolidating gains near USD 4,900, with supports at USD 4,850 and USD 4,780. Similarly, there was a significant rally in […]
Bitcoin was smashed during the past two sessions as its price declined below key supports like USD 6,250 and USD 6,000. BTC/USD traded below USD 5,900 and moved into a bearish zone. More importantly, many major altcoins declined heavily and weakened more than 15%, including ethereum, ripple, bitcoin cash, EOS, litecoin and neo. The total […]
There was a fresh start of a downside wave in bitcoin, ethereum, ripple, bitcoin cash and other major cryptocurrencies. It seems like a short-term profit taking phase is underway, but both sellers and buyers need to be careful since bitcoin price is trading near a crucial support area at USD 8,400. Bitcoin Bitcoin price was […]