• Bitcoin remains under short-term bearish control but the bulls won’t give up • The sideways trend may resume if Bitcoin climbs well above $9200. After touching $9628 this week, Bitcoin saw a substantial price reduction with a slight break to around $9100 yesterday. This price area has provided a small rebound as Bitcoin climbs […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Originally, the market was range-bound between $9,200 and $9,600. BTC has been on a downward move since February 2. The bears have broken the lower price range of $9,200 and continued the downward move. Before this time, […]
A hacker group has successfully hacked into the systems of 5 United States law firms and are demanding two separate 100 Bitcoin compensation from each entity: the first compensation to redeem access to the data, the other to erase their copy rather than selling it off to the highest bidder. Based on a news report […]
• Bitcoin is poised for short-term sell but $9200 is suppressing bearish scenario • BTC continues to show weakness after losing $400 over the last 24-hours Since our previous crypto trading analysis, Bitcoin has remained in a very tight range of $9200-$9600 over the past five days. Meanwhile, BTC price had lost $400 from its […]
• The latest weakness in the price could foot a short-term bearish setup for Bitcoin. • Bitcoin turns weak after smashing 7-month high around $9600. Over the past five days now, Bitcoin’s volatility has been subdued with choppy price actions and at the same time keeps the world largest cryptocurrency in a consolidation mode. […]
News coming out of the US Patent and Trademark Office has it that the Winklevoss twins, founders of the Gemini crypto exchange, have successfully secured 6 Stablecoin-related patents. The first, second, and fifth patents all specify strategies for improving the supply of a blockchain-based Stablecoin. Additionally, the first patent also explains how established third parties […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Bitcoin has continued its sideways trend for the past one week. The market is still ranging in a tight range between $9,200 and $9,600. In retrospect, in October 2019, Bitcoin was also in a sideways trend at […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Undoubtedly, BTC has continued to range above the $9,200 support level. The bulls have successfully defended the supported level. Buyers are eagerly pushing price forward and testing to break the $9,500 resistance level. Bitcoin is fluctuating in […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish The bulls have held on the price above the $9,000 support for the past four days. Nonetheless, the coin has been fluctuating below the $9,600 resistance. The coin has fluctuated and fallen to a low of $9,200.It […]
