Bitcoin (BTC) has broken a key resistance despite weakness across other altcoins. After bottoming out at $9,800 last week, the cryptocurrency has grown by more than $1,000 as it now trades at $11,027 at press time. This surge was likely a ripple-effect from MicroStrategy’s 10,000 BTC purchase. However, many traders fear that this goodish bounce […]
Luck has found Bitcoin (BTC) as it finally breaks above the $10,580 range top and is now marching towards the $11,000 psychological line. According to bitcoinup.io, the surge was likely sponsored by an influx of about $12 billion into the cryptocurrency market during the earlier hours of today. This investment influx has lifted the entire […]
Bitcoin (BTC) remained in a directionless fit today, although appeared to be inching ever so closely to the upside. Records show that about $11 billion has flooded back into the global crypto market over the past 48 hours. A large percentage of this influx of investment comes from the recent pickup in Ethereum (ETH), which […]
It has been a rocky week for Bitcoin (BTC) as the cryptocurrency shed all the gains it had accrued over the past couple of weeks. From a ‘big picture’ perspective, the benchmark cryptocurrency has been consolidating for months as bulls defended the $11,000 price point while bears prevented any major rally above $12,000. It appears […]
Bitcoin was met with yet another wave of heavy selling pressure at the $12,000 psychological line yesterday, which caused the cryptocurrency to shed more than $900 on its way back down to the $11,165 level. This will be the third consecutive time in 31 days that Bitcoin has failed to clear the $12,100 level. In […]
Bitcoin (BTC) e ile ea tsoela pele ka matla a eona a 'majoe' ka seboka sa Mantaha. Leha ho le joalo, ho sa tsotellehe tsela e sisinyehang, lipoho tsa Bitcoin li khonne ho sireletsa boemo ba tsona khahlanong le ntho leha e le efe e kholo e fokolang. Ho elella bofelong ba beke e fetileng, chelete ea crypto e ile ea fumana matla a matle, e ileng ea e romela boemong ba $ 11,600 empa hang-hang ea kopana le [...]
As we round off another week, Bitcoin (BTC) appears to be trading at the exact area it started the week in; the $11,600 region. Bitcoin has had a considerably rough week compared to other cryptocurrencies, especially DeFi assets, which recorded massive gains. On the 4-hour chart, we can see that BTC has formed a “double […]
Bitcoin (BTC/USD) has been in a shaky position for a few days now. The volatility in the market has mostly been in favor of the bears for a while now and today’s price action has only revitalized the impression that further downside is imminent. After the speech by Fed Chair Jerome Powell earlier today as […]
Bitcoin continues to show significant weakness as it now hovers near the $11,350 support. Bulls have managed to hold defense at this level since yesterday, with every decline below this level being met with strong dip-buying. Earlier today bears tried to take BTC lower, forcing it down to $11,255. However, there was a sharp pickup […]
