• Bitcoin recovers $1400 back in the market following a daily drop to $4000 benchmark • A break below the weekly triangle might cause serious drops for Bitcoin on a long-term After dropping sharply to $5600 yesterday, Bitcoin further dropped $1700 to reach $4000 (Bitfinex) mark earlier today. BTC market losses over 40% under 24-hour, […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish BTC/USD pair has been in consolidation above $7,800 since March 9. Today, the price tested a high of $8,000 and was resisted. Bitcoin encountered a sharp drop as the price fell from a high of $8000 to […]
• Bitcoin’s price cuts $2400 in a day to reach a 3-month low • If Bitcoin finds support on the weekly triangle, we can anticipate a quick recovery in no time. Today, Bitcoin saw another big shock-wave in the market, crashing 33% from $8000 to $5600 a few hours ago. So far, today’s drops […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish BTC/USD pair is now consolidating above $7,800 after its recent fall from $9,200. After it fell to a low of $7,700, the price has been fluctuating above $7,800. At the moment, the bulls are defending the current […]
• Bitcoin remained trapped in a three-week descending channel on the 4-hours chart • The $8200 level is now a crucial resistance for Bitcoin Yesterday, Bitcoin saw a small bounce to near $8200 but failed after witnessing a quick sell to $7760. Meanwhile, the current $7700 support has continued to suppress selling pressure. Due to […]
Tiffany Hayden is regarded as XRP’s major supporter, but she sold all of her XRP stocks, citing discrimination in the XRP community at large. Tiffany Hayden, who was self-declared CEO of Ripple XRP, surrendered her position due to the XRP group harassment. She talked about her sentiments in a progression of tweets after she began […]
• Bitcoin saw 0.33% increases overnight but the downward trend remains valid • The price could retrace back to $8500 if Bitcoin keep respecting the 4-hours channel Following the $1500 drops in three days, Bitcoin appeared to have found temporal support around $7700 for the past 24-hours. Meanwhile, the bears are a bit weak at […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin’s upward move was interrupted because there was heavy selling above $9,500. The bulls buying power could not sustain higher price levels. The bulls were resisted at $9,200 as the downward movement continues. The price breakdown extended […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin at present is approaching the low of $7,800. The current downtrend broke the critical support levels of $8,400, $8,200 and it is approaching the low of $7,800. The current selling pressure was as a result of […]
