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Bitcoin Bulls Defend $17,700, But BTC Still Faces Dangerously Strong Resistance

Bitcoin has faced some intense selling pressure over the past few days, with the response to its recent break below $19,000 being quite bearish This validates the notion that this is a crucial level that the crypto much firmly surmount and flip into support if it is to see any further upside One trader is now noting that, while BTC did rebound off of its key support in the upper-$17,000 region, it still faces multiple […] дальше »

2020-12-10 21:00


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Bitcoin Reaches Critical Resistance Zone; Will It Spark a Bearish Reversal?

Bitcoin’s price saw a notable rebound today that allowed it to recover from an overnight dip and rally to fresh local highs within the $11,500 region. This push higher is promising because it is finally allowing Bitcoin to confront the crucial resistance it faces between $11,600 and $12,000, which is a resistance zone that analysts […] дальше »

2020-10-13 19:00


Bitcoin’s Momentum Stalls, But Negative Funding Gives a Boost to Bulls

Bitcoin’s upwards momentum has stalled following the promising push higher seen yesterday This allowed the cryptocurrency’s price to surge up towards $10,800, which is where it met some serious resistance that slowed its uptrend Despite rejecting at this level, the subsequent downtrend has not been that intense, indicating that bulls may still have some underlying strength One analyst is noting that although BTC is beginning to look bearish, the fact that funding rates are still […] дальше »

2020-9-26 21:00


Bitcoin Price (BTCUSD) Sees Violent $750 Drop, Top Formation Appears

Yesterday, crypto bulls began celebrating as Bitcoin poked its head above resistance at $12,000 momentarily, before pulling back ahead of the first daily close of the new month. The failure to set a new high, coinciding with some bearish technical signals and underlying market factors, may have prompted the selloff. But how low will this […] дальше »

2020-9-2 14:49