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Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally

Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […] дальше »

2020-5-14 02:00


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With few blocks away from Halving, here’s how Bitcoin has been performing so far today

Today has been extremely volatile for Bitcoin breaking above $9,000 just to crash in the next few hours. We are seeing a 1% price move on 1-minute candlesticks all the time. However, even after such high volatility Bitcoin is still trading around $8,500, the midpoint between $9,200 and $8,000 basically. Looking at the 1-hour chart, […] дальше »

2020-5-12 22:00


Bitcoin Market “Fireworks” Are Dependent on This Critical Level Above $10k

The past few days have undoubtedly been bullish for Bitcoin, with the cryptocurrency ripping over 20% higher from the mid-$7,000s to a price as high as $9,500 over the course of 48 hours. This stunning rally has brought the cryptocurrency above some key resistance levels pointed out by traders. One trader noted that during the... дальше »

2020-5-1 14:00


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Bitcoin’s Breakout: New Upward Move or Retracement?

On April 29, the Bitcoin (BTC) price broke out from a short-term ascending channel that had been in place for the past five days. The price reached a high of $7966 before decreasing slightly. Bitcoin’s Breakout After five unsuccessful attempts at moving above the resistance line, the Bitcoin price finally managed to move above it […] The post Bitcoin’s Breakout: New Upward Move or Retracement? appeared first on BeInCrypto. дальше »

2020-4-29 14:58


Ethereum anticipates positive breakout as correlation with Bitcoin continues to rise

Ethereum 2.0 has so far failed to propel the largest altcoin above $200-mark. However, it achieved a positive momentum and was currently trading in the $190-area close to the monthly high. Ethereum miThe post Ethereum anticipates positive breakout as correlation with Bitcoin continues to rise appeared first on AMBCrypto. дальше »

2020-4-27 21:00


Bitcoin’s Correlation with S&P 500 Jumps to A New High, But So Does With Gold

The price of Bitcoin has jumped nearly 90% since hitting a year low in mid-March, currently trading above $7,300. Not just price, the hash rate has also started coming back up, increasing by 7.3%. This means inefficient miners have started to capitulate and are being replaced by efficiency miners, “which is positive for the long-term […] дальше »

2020-4-9 19:29


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Is Bitcoin Moving in an Ascending Triangle or Wedge?

On April 2, the Bitcoin price initiated a very swift upward move, rallying from a low of $6,551 to a high of $7,194. While initially, it seemed that this movement would cause a breakout above the current pattern, the higher prices could not be sustained and BTC reached a close of $6,794, slightly below the […] The post Is Bitcoin Moving in an Ascending Triangle or Wedge? appeared first on BeInCrypto. дальше »

2020-4-3 13:45