Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Following the breakdown on April 10, the bulls have continued to sustain Bitcoin above $8,000 support. Analysts agree that continuance sustenance may bring about a rebound above the current support. This will propel Bitcoin to reach the […]
Cryptocurrency Ponzi scam operators are also not resistant to low prices but identity theft and conning scams are increasing. Based on a recent study released by blockchain sleuth Chainalysis, cryptocurrency Ponzi scams earnings reportedly plummeted 33 percent since March 8 (from $4.2 to around $2.9 mln). Hacking, conning, and email spam scams are filling the […]
• The price is approaching $6700 support, but Bitcoin could bounce back if the level holds • To reactive bullish actions, Bitcoin would need to retake $7450 resistance level Bitcoin finally made the big move as mentioned in our previous crypto trading signal. This time, it was a heavy drop beneath the $7000 level. After […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish For the past few days, the bulls have been able to sustain above the $7,000 support. On the other hand, the bulls have failed to break $7,400 and $7,500 resistance. BTC could have reached the highs of […]
Robert Kiyosaki, the author of Rich Dad Poor Dad, clarified his adoption of Bitcoin as an asset beyond conventional financial markets. Kiyosaki criticized the Fed, calling it a world-controlled “cartel.” As an asset operating outside the conventional financial system, Robert Kiyosaki clarified his support for Bitcoin. Kiyosaki, the author of the influential Rich Dad Poor […]
• Bitcoin is primed for a fresh rally but the price remains trapped with an hourly symmetrical triangle • If the bullish flag pattern fails, Bitcoin may roll back to $7100 After a quick bounce from $7072, Bitcoin keeps finding it difficult to push the price above the current weekly high of $7450. Despite that, […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Since April 6, BTC reached a high of $7,364 and resumed consolidation above $7,300. The market has been fluctuating above that level. The bulls are struggling to sustain the upward move while the bears are providing stiff […]
• Bitcoin is looking for a rebound level after establishing new resistance around $7450 • Bitcoin may reverse gains if the price drops below $7000, but holds strong support at $6700 After reclaiming $7000 on Monday, Bitcoin has seen a further 5% gain to reach $7450 level. Bitcoin is currently trading around $7300 against the […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish On April 6, BTC rebounded and broke the resistance line of the descending channel. With the breaking of the resistance line, there is likely to be a change in the trend. In the meantime, the upward move […]
