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Here’s the Crucial Level Bulls Need to Flip to Propel Bitcoin Higher

Bitcoin has seen some immense volatility over the past couple of days, with bulls and bears ardently battling for control over the lower-$30,000 region The key support here has been tested on a few occasions, but bulls have been able to guard against any intense selloff If BTC can continue building a strong base of support down below its current price, there’s a possibility that it could be poised to see immense strength in the […]

2021-1-6 21:00


Bitcoin Rebounds Off of Key Support Level as Analysts Eye Upside

Bitcoin saw a sharp overnight decline that came about following a period of immense strength This sent the token reeling down to the $18,000 level, which has long been strong support for the cryptocurrency Where it trends next will depend largely on whether or not it can continue holding above the support it has found at this key price level One trader is pointing to just how aggressively this dip was bought, which indicates that […]

2020-11-23 22:00


Bitcoin Shorts May Soon Get “Trapped” as Bulls Slow BTC’s Descent

Bitcoin’s price has found some stability following the recent market-wide selloff that helped send it down from highs of $11,200 to lows of $10,400 Bulls are ardently guarding against it seeing further near-term downside at the present moment There is a possibility that sellers will be able to continue pushing the market lower in the near-term, as turbulence within the stock market is providing an ideal background for bears to operate against One analyst is […]

2020-9-23 21:00


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The Bitcoin Dominance Rate Could Rally Before Dropping

The Bitcoin Dominance Rate (BTCD) has been decreasing at an accelerated rate since the beginning of July. The decrease should continue until the rate reaches the closest support area at 62.5%. Current Support At the beginning of July, the BTCD broke down from a rising support line that had previously been in place since February […] The post The Bitcoin Dominance Rate Could Rally Before Dropping appeared first on BeInCrypto.

2020-7-14 21:30