Learn How Trade Crypto
Key Points Bitcoin price struggled to gain traction and moved below the $6,200 support against the US Dollar. Yesterday’s highlighted important bearish trend line with resistance at $6,200 is acting as a barrier on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains at a risk of a downside break […]
The Bitcoin price has taken another massive dip over the weekend. Pinpointing the exact reason for that development is not all that easy. Some people blame the hack of CoinRail to be the culprit. However, the exchange is a small platform with a less-than-great reputation in South Korea. CoinRail Hack is Unfortunate Whenever a cryptocurrency exchange is […]
The current cryptocurrency momentum is anything but positive. To novice users, it seems as if this is the beginning of the end and a bubble waiting to burst. Veterans know all too well this is just a blip on the radar. Dips and peaks occur quite regularly in the Bitcoin world, after all. Don’t Fret Over the […]
Key Points Bitcoin price is placed nicely above the $7,200 level with positive signs against the US Dollar. There is a key bearish trend line in place with resistance at $7,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must accelerate gains above the $7,750 and $7,800 barriers for […]
Key Points Bitcoin price moved higher and broke a major resistance near $7,650 against the US Dollar. Yesterday’s highlighted major bearish trend line with resistance at $7,645 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may correct a few points in the short term, but dips remain […]
Key Points Bitcoin price surged higher and traded close to the $7,800 resistance against the US Dollar. There is a key connecting bullish trend line forming with support at $7,540 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $7,500 support area to stay in a […]
Key Points Bitcoin price is still struggling to break the $7,580 and $7,600 resistance levels against the US Dollar. Yesterday’s highlighted important bullish trend line is in place with support at $7,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is about to make the next move either above […]
Key Points Bitcoin price formed a strong base around $7,050 and moved higher against the US Dollar. This week’s followed important bearish trend line with resistance at $7,320 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now placed nicely above the $7,400 level and the 100 […]
Key Points Bitcoin price remains in a bearish trend and is currently trading around $7,000 against the US Dollar. There is a crucial bearish trend line in place with resistance at $7,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $7,000 handle to avoid further […]
Key Points Bitcoin price failed to hold the $8,240 support and declined sharply against the US Dollar. There is a major bearish trend line formed with resistance at $8,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may well correct higher in the short term towards the $8,100 and […]