Bitcoin is up more than 10% and it broke the key $6,400 resistance against the US Dollar. BTC price is now trading near the $6,650 resistance, above which it could surge to $7,000.
Bitcoin is gaining traction and it recently climbed back above $6,200 against the US Dollar.
The price is now trading above the $6,400 level, but struggling to clear the $6,650 resistance.
Yesterday’s major contracting triangle was breached with resistance near $6,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to continue higher if it clears the $6,600 and $6,650 resistance levels.
Bitcoin Up 10%
After forming a support base near the $5,800 level, bitcoin started a fresh increase against the US Dollar. BTC price remained well bid and it recently climbed above the $6,000 resistance area.
The upward move was convincing as yesterday’s major contracting triangle was breached with resistance near $6,000 on the hourly chart of the BTC/USD pair. The pair even climbed above the $6,400 resistance and the 100 hourly simple moving average.
Bitcoin Price
There was a clear break above the 76.4% Fib retracement level of the recent decline from the $6,471 high to $5,694 low. It opened the doors for more upsides the $6,500 resistance and the $6,471 swing high.
Bitcoin tested the 1.236 Fib extension level of the recent decline from the $6,471 high to $5,694 low. It seems like the bears are defending the key Fib extension resistance near $6,650.
If there is an upside break above the $6,650 resistance, the price could continue to rise towards the $6,952 and $7,000 resistance levels. Any further gains is likely to set the pace for a sharp rise towards $7,500.
Another Rejection?
If bitcoin fails to clear the $6,650 resistance level, it could start a fresh decline. An initial support is near the $6,450 level. The first major support is near the $6,200 level and the 100 hourly simple moving average.
If there is a downside break below the 100 hourly SMA, there is a risk of a bearish extension towards the $6,085 level. Any further losses may perhaps lead the price towards the $6,000 and $5,800 support levels in the near term.
Technical indicators:
Hourly MACD – The MACD is slowly losing momentum in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently correcting lower from the 65 level.
Major Support Levels – $6,200 followed by $6,000.
Major Resistance Levels – $6,650, $6,950 and $7,000. origin »
Bitcoin is moving in a positive zone above the $22,000 resistance against the US Dollar. BTC could climb higher if there is a clear move above the $22,500 resistance. Bitcoin settled above the $21,500 and $22,000 resistance levels.
Bitcoin gained pace above the $22,000 resistance against the US Dollar. BTC could rise further towards $23,000 if it stays above the $21,500 support. Bitcoin is up over 5% and there was a move above the $22,000 resistance zone.
Ethereum gained pace above the $3,080 resistance against the US Dollar. ETH price could continue higher if there is a clear move above the $3,150 resistance. Ethereum remained well bid and climbed above the $3,080 and $3,100 levels.
Bitcoin saw a strong upsurge this morning that allowed it to break above its $11,600 resistance level This resistance has been suppressing its price action throughout the past few days and weeks, with bulls being unable to spark any sustainable moves above it Where it trends next will likely depend on how sustainable this ongoing move higher is, and whether or not it can lead it to a key resistance One trader is now watching […]
After an extended period of consolidation, Chainlink’s price is finally breaking out as it begins navigating back up towards its all-time highs. This intense momentum that has guided it higher today came about as a result of its bulls shattering the resistance it was previously facing around $16.
Binance recently announced the introduction of a new Tezos derivative product. The launch of this financial instrument comes at a time when XTZ broke above a multi-year resistance level signaling higher highs.
Ethereum is gaining bullish momentum above the $145 resistance versus the US Dollar. ETH is likely to surge above the $148 and $150 resistance levels, while bitcoin already broke the key $8,400 resistance.
The total crypto market cap extended its upside and climbed above the $255. 0B resistance. Bitcoin price also gained traction and traded above the $10,500 and $10,600 levels. Litecoin (LTC) price is likely to break the $70.
Key Highlights Ripple price jumped higher and broke the $0. 4750 and $0. 5000 resistance levels against the US dollar. Yesterday’s highlighted short-term declining channel was breached with resistance at $0.
Key Highlights ETH price gained momentum and cleared the $455-458 resistance zone against the US Dollar. Yesterday’s highlighted important contracting triangle was breached with resistance at $454 on the hourly chart of ETH/USD (data feed via Kraken).
Key Points Bitcoin cash price traded further higher and broke the $750 resistance zone against the US Dollar. Yesterday’s highlighted declining channel was broken with resistance near $735 on the hourly chart of the BCH/USD pair (data feed from Kraken).
LTC/USD Medium-term Trend: Bullish Resistance Levels: $80, $81, $83 Support Levels:$78, $77, $76 Last week, the LTC/USD pair was in a bearish trend. The cryptoasset was trading above the $70 price level last week.
ETH/USD Medium-term Trend: Bullish Resistance Levels : $ 450, $460, $470 Support Levels: $430, $420, $400 Last week, price of Ethereum was in a bearish trend and the bulls sustained price above the $400 price level during the week.
Key Highlights ADA price remains supported above the $0. 1350 pivot area against the US Dollar (tethered). There is a key contracting triangle forming with resistance near $0. 1450 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,400, $6,500, $6,600 Support levels: $6,200, $6,100, $6,000 Last week the BTC/USD pair was trading above $6,000 price level all through the week.
Key Highlights Ripple price recovered from the $0. 4248 low, but it failed to settle above $0. 4750 against the US dollar. There is a short-term declining channel in place with resistance at $0. 4650 on the hourly chart of the XRP/USD pair (data source from Kraken).
Key Highlights ETH price is positioned nicely above the $438. 00 and $435. 00 support levels against the US Dollar. There is a key contracting triangle formed with resistance near $455 on the hourly chart of ETH/USD (data feed via Kraken).
Key Points Bitcoin cash price is positioned nicely above the $700 support with positive signs against the US Dollar. There is a new declining channel formed with resistance near $740 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Key Points Bitcoin price made a short-term low near $5,800 and bounced back against the US Dollar. There was a break above a key bearish trend line with resistance at $6,280 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Key Highlights ETH price managed to recover higher after forming a low near the $404 level against the US Dollar. There is a monster bearish trend line formed with resistance near $456 on the 4-hours chart of ETH/USD (data feed via Kraken).
Key Points Bitcoin cash price started a new upside wave from the $650 support area against the US Dollar. There are two bearish trend lines formed with resistance at $770 and $810 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
Key Highlights Ripple price failed to move above the $0. 4750 resistance and declined against the US dollar. There is a major bearish trend line in place with resistance near $0. 4600 on the hourly chart of the XRP/USD pair (data source from Kraken).
Key Highlights Ethereum classic price is trading nicely above the $14. 25 support area against the US dollar. There is a major bearish trend line formed with resistance at $15. 60 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
Key Highlights ETH price corrected a few points higher towards the $448-450 resistance against the US Dollar. Yesterday’s highlighted key bearish trend line is in place with resistance near $452 on the hourly chart of ETH/USD (data feed via Kraken).
Key Points Bitcoin cash price moved a few points above $700, but it failed to gain momentum against the US Dollar. This week’s highlighted important bearish trend line was broken with resistance at $708 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Key Highlights ADA price struggled to move above the $0. 1400 resistance level and declined against the US Dollar (tethered). There are two key bearish trend lines formed with resistance at $0. 1300 and $0.
Key Highlights Ripple price failed to hold gains above the $0. 4700 support and declined against the US dollar. There is a new key bearish trend line formed with resistance near $0. 4600 on the hourly chart of the XRP/USD pair (data source from Kraken).
Key Points Bitcoin cash price failed to move above the $775 resistance and declined against the US Dollar. This week’s highlighted key bearish trend line played well with resistance at $720 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Bitcoin (BTC) narrowly missed scaling a key resistance level on Monday, but remains on the hunt for a corrective rally, the technical studies indicate. As discussed, a close (as per UTC) above $6,250 (Doji candle high) yesterday would have likely set the tone for a stronger corrective rally. While prices did reach a high of
Key Highlights Ethereum classic price managed to gain traction and moved above the $15. 00 resistance against the US dollar. There is a connecting bearish trend line formed with resistance at $15.
Key Highlights Ripple price traded higher and settled above the $0. 4700 resistance against the US dollar. Yesterday’s highlighted key bearish trend line was breached with resistance at $0. 4720 on the hourly chart of the XRP/USD pair (data source from Kraken).
Key Highlights ETH price moved above the $448 resistance and tested the $470 zone against the US Dollar. There was a break above yesterday’s highlighted important bearish trend line with resistance at $448 on the hourly chart of ETH/USD (data feed via Kraken).
Key Points Bitcoin cash price attempted an upside recovery and tested the $770-780 resistance against the US Dollar. Yesterday’s highlighted crucial bearish trend line in intact with resistance at $760 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this, though, the cryptocurrency has struggled to find acceptance above $6,800 in the last 72 hours, as seen in the chart below. A drop below $6,550 would
Key Points Bitcoin price found support near the $6,620 level and recovered well against the US Dollar. There is a key contracting triangle formed with support at $6,700 and resistance near $6,780 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Key Highlights Ethereum classic price gained heavy bids and surged above the $17. 00 resistance against the US dollar. There is a crucial bullish trend line formed with support at $16. 20 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
Key Highlights Ripple price failed to move above the $0. 5620 resistance area and trimmed gains against the US dollar. There is a key connecting bullish trend line in place with support at $0. 5250 on the hourly chart of the XRP/USD pair (data source from Kraken).
Key Points Bitcoin cash price failed to move above the $900 resistance zone and declined against the US Dollar. There is a short-term connecting bullish trend line formed with support at $865 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Litecoin’s price falls again on Monday, but remains above support for the lows of June 14 and 16. The LTC / USD is at risk of falling to $ 89, if it fails to rise above the resistance at the $ 94 level.
Key Points Bitcoin price formed a support base above $6,300 and recovered higher against the US Dollar. There was a break above yesterday’s highlighted crucial bearish trend line with resistance at $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Key Highlights ETH price made a nice upside move and broke the $495 resistance against the US Dollar. There was a break above a major bearish trend line with resistance at $498 on the hourly chart of ETH/USD (data feed via Kraken).
Key Points Bitcoin price failed to move above the $6,600 resistance and it currently under pressure against the US Dollar. There is a significant bearish trend line formed with resistance at $6,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Key Highlights ETH price was not able to move above the $510 resistance and is currently under pressure against the US Dollar. There was a break below a crucial bullish trend line with support at $500 on the hourly chart of ETH/USD (data feed via Kraken).
Key Points Bitcoin cash price struggled to settle above the $900 level and declined against the US Dollar. There is a major bearish trend line formed with resistance at $850 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Key Points Bitcoin price is currently consolidating around the $6,500 level against the US Dollar. The BTC/USD pair is currently attempting an upside break above a declining channel with resistance at $6,500 on the 4-hours chart (data feed from Kraken).
Key Highlights ETH price is struggling to move higher above the $510 and $520 resistance levels against the US Dollar. There is a key bearish trend line in place with resistance near $505 on the 4-hours chart of ETH/USD (data feed via Kraken).
Key Points Bitcoin price started an upward correction from the $6,131 low against the US Dollar. There was a break above a major bearish trend line with resistance at $6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Multiple small cap cryptocurrencies are witnessing notable price gains as profit taking cools for the major coins. Zerebro and Goateus Maximus rank as two of the biggest daily gainers as Bitcoin regains support above $94k.
Spot Bitcoin ETFs experienced a strong recovery on Dec. 26, breaking a four-day streak of outflows. Data from Farside Investors showed that ETFs reported combined net inflows of $475. 2 million, indicating renewed investor interest after a period of significant outflows of more than $1.
Сегодня ночью цена биткоина достигла исторического максимума в $106,352 после заявления Дональда Трампа о возможном создании стратегического Bitcoin-резерва в США. BTC за последние семь дней вырос на 5,57%, а за последние сутки — на 2,97%.
В России всерьез задумались над созданием государственного запаса биткоинов. На другой стороне океана США тоже готовят криптоплан. Таким образом, BTC превращается в важнейший инструмент мировой экономики.
Во Франции на подходе новый налог для владельцев криптовалют. Сенатор Сильви Вермеийе предложила считать BTC «непродуктивным» активом. Стоит отметить, что налог будет относиться к нереализованной прибыли.
Глава ФРС США Джером Пауэлл на фоне взлета BTC до $100,000 заявил, что Биткоин — не соперник доллара, а «виртуальное золото». По его словам, криптовалюта слишком нестабильна, чтобы стать платежным средством на постоянной основе.
По мнению экспертов, Bitcoin вот-вот всех удивит. Так, один из известных аналитиков считает, что мы только что вошли в фазу мощного роста, которая продлится до конца 2025 года. Криптоаналитик под псевдонимом Rekt Capital заявил, что прорыв Биткоина выше $69,000 — это сигнал к началу «параболического роста».
