Bitcoin got some attention a few days ago after it reached a 2020 high of $12,475. That leg up seemed pretty solid as Bitcoin seemed to stay above $12,000 longer than it had any time this year. However, bears later swung into action, sending the cryptocurrency down by about $1,000 over a few days. The […]
Bitcoin (BTC) and the rest of the cryptocurrency market have been swept by intense volatility in today’s session, with the benchmark cryptocurrency plunging below the key $12k support. This drop saw BTC drop as far as $11,600 before bulls stepped in to prevent further declines. Many analysts believe that this sharp decline has disrupted Bitcoin’s […]
Bitcoin’s (BTC) sensational bull rally has just hit a major obstacle after it failed to claim the $12,400 resistance. Prior expectations for a parabolic continuation has now been put aside as bulls recover from the brutal decline. The cryptocurrency market has shed about $13 billion from yesterday’s peak of $387 billion over the past 24 […]
Before now, Bitcoin has been idling under the $11,900 mark, despite the fresh influx of $6 billion into the global crypto space in the past few days. In the past few hours, however, a sharp boost in buying pressure surfaced, which took Bitcoin to the long-awaited $12k since August 11. This was a level that […]
ბიტკოინმა შესანიშნავად იმოქმედა ბოლო რამდენიმე კვირის განმავლობაში. ივლისიდან მოყოლებული, საორიენტაციო კრიპტოვალუტა აშშ დოლართან მიმართებაში დაახლოებით 30%-ით გაიზარდა, რაც უკეთესად მუშაობს, ვიდრე სხვა მაკროაქტივების უმეტესობა. უკვე რამდენიმე დღეა, Bitcoin, Etheruem და Ripple დომინირებენ აშშ დოლარის შესუსტებაზე. BTC აგრძელებს მიღწევების შენარჩუნებას […]
Bitcoin has, once again, reached the upper-11k region. This region has been a major roadblock for the cryptocurrency for close to 3 weeks now. BTC has been in a consolidation phase between $11,200 and $12,000 for the said amount of weeks. Analysts are trying to connect recent events like the sharp decline in exchanges’ BTC […]
Bitcoin (BTC/USD) remains significantly bullish in an ascending wedge, despite numerous attempts by bears to pull the price down over the past couple of days. In the 4-hour timeframe, we can see that the base of the ascending wedge has been tested several times, but bears have been unable to take the price lower. However, […]
Bitcoin’s (BTC/USD) erratic price action over the past few days has kept its near-term trend in obscurity, as it is yet to close above or below any key technical level. Many analysts now believe that a highly bullish pattern is emerging, which could have a major influence in the near-term. The ascending triangle, which we […]
Bitcoin experienced a sharp correction today after failing to reclaim the $12k psychological resistance yesterday. About $14 billion have been withdrawn from the market in the last few hours after a double top appeared on the 4-hour chart. Bitcoin touched the $12k area yesterday and on the 2nd of August. At press time, Bitcoin is […]
