Dramatic bullish action in the first two weeks of 2020 buoys traders, who identified Bitcoin’s 200-day moving average as the next major resistance zone. Bitcoin (BTC) calmed its bullish growth after a week of gains on Jan. 15, settling just below its highest levels in two months. Cryptocurrency market daily overview. Source: Coin360 BTC steadies […]
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As Bitcoin rallied to a multi-month high at $8,859, altcoins vigorously shook off their current malaise by posting double-digit gains, most notably, Bitcoin SV. On Tuesday Bitcoin price (BTC) pushed through $8,600 and rallied all the way to $8,859 before taking what appears to be a breather near $8,750. As reported earlier by Cointelegraph, crypto […]
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Dash and Bitcoin SV have posted some 2017-like gains in recent days as a technical correction looks likely to be on the cards. Bitcoin (BTC) has been showing strength recently, as it surged from $6,900 to $8,500 in a matter of two weeks. Not only has Bitcoin sees a period of growth, but privacy coins […]
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The momentum from a week of gains continues, taking BTC/USD to its highest since November as altcoins gain as much as 45%. Bitcoin (BTC) surprised traders and analysts alike on Jan. 14 after BTC/USD broke out of its already bullish channel to strike at resistance levels near $8,600. Cryptocurrency market daily overview. Source: Coin360 BTC […]
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Bitcoin price broke through the $8.3K and $8.5K resistance on a high volume spike, pushing as high as $8,590 and providing traders with an opportunity to test the $8.6K to $9.2K range. Bitcoin (BTC) price has at last crossed above the $8,300 resistance, setting the digital asset up for a run at $8,500 and restoring […]
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Though several cryptocurrencies are stuck in a range, the trend is gradually turning positive. Bitcoin has seen an uptick in volumes in the new year. A report by cryptocurrency market research firm Arcane Research shows that 7-day average daily trading volume has surged 126% in a week. Along with Bitcoin trading volume, the CME Bitcoin […]
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The up move in the top crypto performers of the past seven days shows that bulls are back in the game. The CME Group will launch its Bitcoin options contract on Jan. 13. The analysts at JPMorgan Chase & Co. have spotted a 69% increase in open interest from year-end in CME’s existing Bitcoin futures […]
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Bitcoin price rebounded over $8,000 earlier today snapping a 3-day losing streak and placing the asset in a good position to test the $8.6K and $9K levels next. On Friday Bitcoin (BTC) price reclaimed $8,000 as bulls appear to be setting their sights on a second go at the weekly high at $8,473. Earlier in […]
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The bounce off the first support levels on most major cryptocurrencies indicates a possible change in trend. Safe haven assets were dumped on Jan. 8, on reports that the US-Iran conflict might not escalate to an all out war. Cryptocurrencies, which had surged alongside gold and oil with also retreated from two-month high. However, the […]
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Profit booking seen at higher levels. However, if the major cryptocurrencies can bounce off their strong support levels, it will indicate strength. The crypto markets continue to respond to the events happening in the United States-Iran conflict. Any sign of escalating tensions is boosting the crypto markets higher. Google Trends shows that the searches for […]
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