• Bitcoin drops to $9300 after seeing a -3% discount overnight. • The bullish sentiment may suspend for a while if Bitcoin breaks $9200 support. Following a -3% losses overnight, Bitcoin has now dropped to around $9300 after testing $9555 as weekly high. This price cut pulled Bitcoin beneath the trend line on the […]
French authorities have arraigned the ex-administrator of recently-shuttered cryptocurrency exchange BTC-e and Russian citizen Alexander Vinnik. According to a report by Bloomberg on the 28th of January, Vinnik’s attorney confirmed that he will stay in France to face the indictment against him following his extradition from Greece. An unidentified official from the prosecutor’s office disclosed […]
• A bearish correction could play out if BTC volume keeps moving against its price. • Bitcoin paused after gaining $1200 in three days, although bullish setup remains valid. Reaching $9400 yesterday, Bitcoin’s price has seen a lot of gains over the past weeks after rising by a total of 40% since December 2019. The […]
The city of Zermatt, Switzerland, the dwelling place of the renowned Matterhorn, has become the second region in Switzerland to begin accepting tax payment in Bitcoin. The administration of the Swiss city has entered an agreement with prominent Swiss-based cryptocurrency financial services enterprise Bitcoin Suisse for this undertaking to be possible. Reason for the Alliance […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Interestingly, Bitcoin has climbed above $9,200 and has broken the resistance. The pair traded and reached the $9,389 resistance, a sensitive historical price level. In October, BTC consolidated above this price level for two weeks and it […]
• Bitcoin’s price now stuck at $9400 but could resume uptrend once buyers regroup • If Bitcoin resumes buying, the price might hit $10000 in the coming days. After surpassing the $9150, Bitcoin’s price further increased but now the price stuck around $9400. The price could correct healthily at $10000 if BTC keeps rising. Otherwise, […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish According to earlier predictions, the bulls have broken the $8,800 resistance and the coin is approaching the $9,200 price level. Bitcoin is making an impressive upward move. What we are expecting is the breaching of the $9,200 […]
• Bitcoin got rejected after reclaiming monthly high. • The $8000 break now provides support for Bitcoin. Few minutes after our previous crypto trading signal, Bitcoin’s moved higher after breaking the $8800 to $9150 resistance. This resistance slight got rejected and dropped Bitcoin to around $9000 at the moment. It may continue to fall […]
• Bitcoin bounced back with 8% gains over the past 24-hours • After surging at $8800, Bitcoin is waiting for the next direction Bitcoin has shown significant volatility over the past two days now. This time, it went upside in favour of the bulls following a sharp bounce from $8300. After crossing $8500 yesterday, BTC […]
