Learn How Trade Crypto
Bitcoin (BTC) is at a critical point at the moment. The moves it makes from here on out will determine whether the gradual shift in trend over the past few months has been of consequence or not. The above daily chart for BTC/USD shows that Bitcoin (BTC) cannot afford to mess around here. Since the month of […]
The cryptocurrency markets experienced another dramatic crash yesterday, with almost two weeks’ worth of upside being completely undone within a matter of 12 hours. Just as Bitcoin was slowly working its way out of the $6,200 level to $7,400, it quickly crashed all the way back to a low of $6,250, taking Ethereum and the […]
Bitcoin has recently seen its price drop to little over $6,900 after it lost over $400 in only 90 minutes. The flagship cryptocurrency’s plunge notably comes shortly after a whale associated with the now-defunct Silk Road marketplace moved thousands of BTC to crypto exchanges. As CryptoGlobe reported, a bitcoiner that had been dormant since March 9, […]
Bitcoin (BTC) has been in a constant downtrend for the last few weeks. The price crashed especially hard during the last few days. The price did break below $6,000, but contrary to expectations, the price found support at what was previously a downtrend resistance as can be seen on the BTC/USD daily chart above. The fall slowed down […]
A major reprieve just may be in the offing for the battered bitcoin bulls in the next 36 hours – if, that is, historical patterns repeat themselves. Intriguingly, the cryptocurrency tends to take a significant change of direction on the sixth day of every month. Having topped out in the $20,000 neighborhood in mid-December 2017, […]
Bitcoin’s retreat from Sunday’s high of $7,779 has poured cold water over the bull mood generated by the weekend’s positive price action and neutralized the immediate outlook. BTC closed on Sunday (as per UTC) above a key falling trendline resistance level, signaling a short-term bullish-to-bearish trend change. A bullish crossover between the 5-day and 10-day […]
Bitcoin’s (BTC) drop to one-month lows below $8,000 has strengthened the bear grip on the markets, the technical charts indicate. The cryptocurrency fell to $7,925 on Bitfinex earlier today – the lowest level since April 18 and has retraced 50 percent of the rally from the April 1 low of $6,425 to May 5 high […]
After an overnight drop, bitcoin looks to have found acceptance below $9,000 and risks a deeper pullback, the technical charts indicate. The cryptocurrency hit a one-week low of $8,652 on Bitfinex earlier today and is now trading at $8,700. The 10-percent decline from the weekly high of $9,767 on Wednesday has neutralized the immediate bullish […]
Bitcoin remains in a bullish territory for now and is looking at further gains, though a pullback is possible if support at $7,900 is breached, according to technical studies. The cryptocurrency’s first attempt to scale the long-term descending trendline (drawn from the Dec. 17 high and Jan. 6 high) failed on Monday and prices fell […]
The crypto markets are seeing a slight upward trend Saturday, March 31, after hitting monthly lows this week, according to data from Coin360. Bitcoin (BTC) is above $7,000 again, trading for around $7,140 and up over 2 percent over a 24 hour period to press time. BTC saw a 24 hr low today of $6,623, and is currently […]