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Bitcoin Could Retrace to $9,000 if it Breaks Below This One Key Level

Bitcoin is now hovering within the mid-$11,000 region following the intense bout of selling pressure it witnessed yesterday The decline beneath $11,200 was quickly absorbed by bulls, although BTC remains in a somewhat precarious position One analyst is pointing to massive support just below where the crypto is currently trading as a bullish factor That being said, other traders are cautioning that BTC is getting closer to a key level that could lead the crypto […]

2020-8-13 02:00


Majority of Bitcoin holders are still in profit, $6,649 could be BTC’s key support level

Despite Bitcoin’s recent bearish condition and low market sentiment, the majority of Bitcoin holders are still in profit, according to data from the crypto analytics platform IntotheBlock. Just over 59 percent of addresses hold Bitcoin bought with an average purchase price below $7,470, putting them “in the money” on unrealized gains even after the cryptocurrency’s […] The post Majority of Bitcoin holders are still in profit, $6,649 could be BTC’s key support level appeared first on CryptoSlate.

2019-10-25 12:30


Litecoin testing descending triangle resistance; failure to break could prove costly

Another key test for Litecoin awaits. It seems like every time we look at Litecoin charts, another key level is being tested, and going by recent charts, every test has been a failure. Since reaching its peak of $144 back in June, digital silver has been in a steep descent owing to the hype of […] The post Litecoin testing descending triangle resistance; failure to break could prove costly appeared first on AMBCrypto.

2019-9-30 17:00