After a sharp increase, bitcoin price spiked above USD 28,400. BTC traded to a new all-time high near USD 28,600, but there was no upside continuation. The price is currently (13:00 UTC) correcting gains and it might find a strong support near USD 27,500. Similarly, there was a minor pullback in most major altcoins. ETH/USD […]
In the past three sessions, there were a couple of attempts by bitcoin price to surpass the USD 12,000 resistance level. However, there was no convincing break, but BTC/USD stayed above the USD 11,800 support level. Conversely, there were bearish moves in most major altcoins, including ethereum, ripple, bitcoin cash, EOS, stellar, cardano and TRX. […]
Bitcoin price rallied towards the USD 18,500 level, where sellers took a strong stand. As a result, there was a sharp bearish reaction and BTC declined below USD 18,000. The price even broke the USD 17,650 support, but the bulls protected BTC from more losses, and currently (13:00 UTC) it is trading above USD 18,000 […]
This past week, we saw a major drop in bitcoin price below the USD 7,000 support. Later, the price found support near USD 6,000 and recovered above USD 6,250. On the other hand, all major altcoins like ethereum, ripple, bitcoin cash, litecoin and EOS failed to rebound and remained in a bearish zone. Bitcoin price […]
After yesterday’s downside correction, bitcoin price found support near the USD 5,750 level. BTC restarted its upward move and broke the USD 5,850 and USD 5,920 resistances. The bulls took control, pushing the price above the USD 6,000 barrier. The price even broke USD 6,100 and traded to a new 2019 high near USD 6,140. […]