Bitcoin Trending Lower With Possible Break of $30K Support
If $30,000 is broken, the next level of support is seen around $27,000. Bitcoin (BTC) is stuck in a month-long downtrend as traders experienced choppy…
Tag: Cryptocurrencies
Market Wrap: Bitcoin Declines Into the Weekend, as Volatile Month Continues
The technical charts suggest further downside is likely as sellers react to extreme overbought conditions since March. Bitcoin traded lower on Friday as the price…
Bitcoin Holds $30K Support After Volatile Shakeout; Resistance at $36K
Bitcoin (BTC) returned above the $30,000 level on Tuesday after a volatile trading session. Buyers quickly stepped in as oversold conditions appeared on intraday charts.…
Bitcoin Sell-Off Could Stabilize Around $42K Support
BTC remains under pressure and could find lower support near $42K as long-term momentum wanes. Sellers remained active on Wednesday as bitcoin (BTC) dropped below…
Buying Your First Crypto? 10 Things You Should Know
Between dogecoin’s cameos on U.S. television and bitcoin’s growing acceptance on Wall Street, cryptocurrency is reaching a wider audience than ever before. Skyrocketing prices are surely tempting to newcomers, but they…
Bitcoin Stabilizes Near Support; Resistance Around $56K-$58K
Bitcoin (BTC) has fully recovered from Thursday’s price drop of almost 5%. The cryptocurrency was trading around $54,000 at the time of writing after holding…
Bitcoin Consolidates Below $56K Resistance as Buyers Lose Strength
BTC has remained in a consolidation phase since February. Bitcoin (BTC) is holding short-term support and was trading around $54,000 at press time. The cryptocurrency…
Anyone Expecting Coinbase to Start Trading at Market Open May Be Disappointed
Historical experience shows that it might take until after noon ET for market makers to work out the price of the initial trade in a…
PayPal Pushes Crypto Further Mainstream With Checkout Service for 29M Merchants
The move could speed the use of crypto in day-to-day commerce. PayPal, which last year added the ability to buy, hold and sell cryptocurrency, is…
Bitcoin Gains Ahead of $6B Options Expiry After Market Finds $50K Floor
BTC held support around $50K and is approaching resistance around $56K. Bitcoin rose for the first time in three days as traders looked past Friday’s…