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Bitcoin Price Analysis –Bitcoin’s Price Drops Following Weak Bullish Momentum, Is $10000 Reliable?

• Bitcoin corrects downward after meeting tough resistance around $10450. • If Bitcoin fails to regain momentum at $10200-$10000 support area; a bearish correction could occur. Over the last 24-hours, Bitcoin’s price has remained under $10500 after seeing about 8% increases this week. The price increase made Bitcoin to mark a fresh yearly high at […]

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Bitcoin Price Analysis – Bitcoin Bounced Back Above $10000, Is $11000 The Next Bullish Target?

• Bitcoin regain momentum at $9700 support after a strong bullish actions • The next short-term target for Bitcoin is $11000 After locating support around $9700, Bitcoin bounced back above the previous high of $10200 level. Not just that, Bitcoin has marked a new high around $10350 on Bitfinex today. The bulls are back again. […]

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Bitcoin Price Analysis – Bitcoin Looking For A Rebound Around $9600 As Selling Pressure Subdues

• Bitcoin’s major level for a rebound lies at $9600 support • If the buyers fail to regroup at this support, Bitcoin would be doomed for short-term bearish After facing rejection around $10200 yesterday, Bitcoin has further dropped to the $9700 area we mentioned in our previous crypto trading signals. This hourly support has seen […]

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