Bitcoin adoption could grow because of its efficiency, billionaire Tim Draper
While many people believe that the massive adoption of Bitcoin is somewhat tied around the mainstream acceptance of digital currencies in general, Tim Draper thinks…
Tag: Bitcoin Analysis
Bitcoin Price Watch: BTC/USD’s Resistance Turned Support at $6,320
Key Points Bitcoin price climbed higher and broke the $6,320 and $6,380 resistance levels against the US Dollar. There was a break above a major…
Bitcoin Price Watch: BTC/USD Facing Crucial Resistance Near $7,325
Key Points Bitcoin price stayed above the $7,200 support and made another upside attempt against the US Dollar. There is a short-term bullish trend line…
Bitcoin Price Watch: BTC/USD Forming Breakout Pattern Above $6,600
Key Points Bitcoin price is trading in a contracting range with support above the $6,600 level against the US Dollar. There is a major contracting…
Bitcoin Eclipses 50% Crypto Market Dominance For First Time Since December
Bitcoin has long been at the forefront of the crypto industry; and it seems with the market’s most recent move downwards, Bitcoin’s dominance over the…
Bitcoin Price Watch: BTC/USD’s Support Turned Resistance at $7,260
Key Points Bitcoin price recovered and moved above the $7,000 handle against the US Dollar. There is a crucial bearish trend line in place with…
Bitcoin Price Watch: BTC/USD Not Out of Woods Yet
Key Points Bitcoin price declined further and traded below the $7,500 support level against the US Dollar. There was a break below a declining channel…
Bitcoin Price Watch: BTC/USD Must Break $8,300 To Resume Uptrend
Key Points Bitcoin price is holding an important support at $8,000 against the US Dollar. There is a significant bearish trend line in place with…
Bitcoin Price Watch: BTC/USD Likely To Consolidate Below $8,200
Key Points Bitcoin price declined sharply and broke the $8,060 support level against the US Dollar. There is a key bearish trend line formed with…
Bitcoin Price Watch: BTC/USD Poised to Test $8,000
Key Points Bitcoin price traded higher and broke a major resistance at $7,580 against the US Dollar. There was a break above a connecting resistance…