Learn How Trade Crypto
Key Points Bitcoin price moved higher and broke the $8,300 resistance level against the US Dollar. There is a significant ascending channel formed with support at $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to accelerate gains above $8,650 if it continues to follow the ascending […]
Key Points Bitcoin price declined and broke a key support level at $8,200 against the US Dollar. There was a break below a triangle pattern with support at $8,250 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 it could […]
Key Points Bitcoin price corrected higher, but upsides were capped by $8,800 and 100 hourly SMA against the US Dollar. The BTC/USD pair broke an ascending channel with support at $8,450 on the hourly chart (data feed from Kraken). The pair must stay above the $8,300 support level to avoid any further declines in the […]
Key Points Bitcoin price formed a support base around $9,000 and jumped higher against the US Dollar. There was a break above a crucial declining channel with resistance at $9,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently struggling to settle above $9,400 and the 100 hourly […]
Key Points Bitcoin price declined recently and broke the $9,300 support against the US Dollar. There is a crucial bearish trend line in place with resistance at $9,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $8,990 and $8,870 support levels to avoid further losses. […]
Key Points Bitcoin price surged higher this past week and broke $7,500 resistance against the US Dollar. There was a break above a key bearish trend line with resistance at $7,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading above $8,000 and is facing a monster […]
American venture capital investor Tim Draper, an early backer of Tesla, Skype, and SpaceX, is one of the most high-profile Bitcoin investors. With absolute confidence that bitcoin is the future currency, Draper announced that he predicts the bitcoin price will reach $250,000 by 2022. Tim Draper Predicts Bitcoin at $250,000 By 2022 Tim Draper has thrown a […]