Bitcoin Price Analysis
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Bitcoin News
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Bitcoin News

Bitcoin dives from multi-yearly high to $18,400 despite positive on-chain metrics

Bitcoin price slumps to test support at $18,400 and the 50 SMA, respectively. The IOMAP on-chain model reveals that the least resistance path is upwards. Bitcoin price has been engulfed in selling pressure after failing to hold firmly above $19,000. The resistance at $19,500 remained unchallenged, giving bears ample time to increase their orders, thus

Bitcoin price slumps to test support at $18,400 and the 50 SMA, respectively. The IOMAP on-chain model reveals that the least resistance path is upwards. Bitcoin price has been engulfed in selling pressure after failing to hold firmly above $19,000. The resistance at $19,500 remained unchallenged, giving bears ample time to increase their orders, thus

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Uncategorized

Bitcoin price rocket rally to $20,000 unstoppable, here is what to watch out for

Bitcoin bulls are intensional about hitting a new all-time high and holding above $19,000 is very critical. BTC/USD could enter a price discovery period if it penetrates the all-time high barrier near $20,000. Bitcoin bull rally is still on and seems unstoppable, perhaps until it hits its all-time high. On Tuesday, the flagship cryptocurrency surprised

Bitcoin bulls are intensional about hitting a new all-time high and holding above $19,000 is very critical. BTC/USD could enter a price discovery period if it penetrates the all-time high barrier near $20,000. Bitcoin bull rally is still on and seems unstoppable, perhaps until it hits its all-time high. On Tuesday, the flagship cryptocurrency surprised

Bitcoin-RSI
Bitcoin News
Bitcoin-RSI
Bitcoin News

Bitcoin on the verge of a 7% downswing before resuming the uptrend to $20,000

Bitcoin slides beneath $18,000 after rejection at $18,500, hunting a formidable support. BTC/USD is supported immensely from the on-chain perspective, but technical analysis highlights the 50 SMA as the initial key anchor. Bitcoin has retreated considerably from the recently traded new yearly high of $18,502. Buyers had hoped to establish support above $18,000 but were

Bitcoin slides beneath $18,000 after rejection at $18,500, hunting a formidable support. BTC/USD is supported immensely from the on-chain perspective, but technical analysis highlights the 50 SMA as the initial key anchor. Bitcoin has retreated considerably from the recently traded new yearly high of $18,502. Buyers had hoped to establish support above $18,000 but were

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Bitcoin News
No Picture
Bitcoin News

Why Bitcoin price is bound to hit $20,000 before November 2020 ends?

Bitcoin overcomes two distinct hurdles in less than 48 hours to trade at levels not seen since early 2018. Bulls ignore overbought conditions and they relentlessly fight for a break above $18,000. The flagship cryptocurrency is focused on ascending to all-time highs, preferably before November ends. BTC closed in on $17,000 on Monday but hit

Bitcoin overcomes two distinct hurdles in less than 48 hours to trade at levels not seen since early 2018. Bulls ignore overbought conditions and they relentlessly fight for a break above $18,000. The flagship cryptocurrency is focused on ascending to all-time highs, preferably before November ends. BTC closed in on $17,000 on Monday but hit

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Bitcoin News
BTC-long-short-positions
Bitcoin News

Bitcoin price bounces from key support, run-up to $16,500 in the offing?

Bitcoin price is pivotal at $16,000 after reversing from the 50 SMA support. BTC/USD bullish cycle to $20,000 requires Bitcoin to climb above $16,500 and $17,000 as FOMO will support the remaining part of the journey. Bitcoin has reclaimed the position above $16,000 after a supporting seeking weekend. The bellwether cryptocurrency hit new yearly highs

Bitcoin price is pivotal at $16,000 after reversing from the 50 SMA support. BTC/USD bullish cycle to $20,000 requires Bitcoin to climb above $16,500 and $17,000 as FOMO will support the remaining part of the journey. Bitcoin has reclaimed the position above $16,000 after a supporting seeking weekend. The bellwether cryptocurrency hit new yearly highs

Bitcoin News
Bitcoin News

Bitcoin Tops $16,000 In Aggressive Fight For New Yearly High, How Nigh Is The Correction?

Bitcoin achieves new yearly highs but buyers have their eyes glued on the $20,000. A paralyzing breakdown might come into the picture if Bitcoin corrects beneath $16,000. Bitcoin finalized the journey to $16,000 Thursday, proving to the world that it is in a full-blown bull cycle and is not about to stop. The flagship cryptocurrency

Bitcoin achieves new yearly highs but buyers have their eyes glued on the $20,000. A paralyzing breakdown might come into the picture if Bitcoin corrects beneath $16,000. Bitcoin finalized the journey to $16,000 Thursday, proving to the world that it is in a full-blown bull cycle and is not about to stop. The flagship cryptocurrency

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Bitcoin News
BTC-long-short-positions
Bitcoin News

Bitcoin Price Bullish Setup Still Eyes $20,000 Despite Crucial Hurdle at $16,000

Bitcoin retested resistance at $16,000 after taking down the buyer congestion at $15,500. On-chain data suggests that the flagship cryptocurrency’s path with the least resistance is upwards. Bitcoin reclaimed the position above $15,500 following a period of consolidation. Similarly, flagship cryptocurrency defended its position above $15,000, but a breakout was eventually going to take with

Bitcoin retested resistance at $16,000 after taking down the buyer congestion at $15,500. On-chain data suggests that the flagship cryptocurrency’s path with the least resistance is upwards. Bitcoin reclaimed the position above $15,500 following a period of consolidation. Similarly, flagship cryptocurrency defended its position above $15,000, but a breakout was eventually going to take with

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Bitcoin News
BTC-long-short-positions
Bitcoin News

Bitcoin hits pause amid the emergence of coronavirus vaccine

Bitcoin consolidates between $15,500 and $15,000 as pharma giant Pfizer announces a coronavirus vaccine. BTC/USD must hold above $15,000 to avert potential losses to $14,500. Bitcoin has remained stable amid the announcement of a COVID-19 vaccine, which is 90% effective. The rally from the crash in March has mostly been attributed to instability in global

Bitcoin consolidates between $15,500 and $15,000 as pharma giant Pfizer announces a coronavirus vaccine. BTC/USD must hold above $15,000 to avert potential losses to $14,500. Bitcoin has remained stable amid the announcement of a COVID-19 vaccine, which is 90% effective. The rally from the crash in March has mostly been attributed to instability in global

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Bitcoin News
BTC-long-short-positions
Bitcoin News

Bitcoin Price Eyes Another Breakout To $20,000 After Bouncing Off Crucial Support

Bitcoin has a clear path to $16,000 after confirming support at $14,500. The bellwether cryptocurrency is in the hands of the bulls as they nurture the uptrend to $20,000. Bitcoin is dancing at $15,545 amid a recovery mission from the key support highlighted by the 50 Simple Moving Average (SMA). Stability and calm have also

Bitcoin has a clear path to $16,000 after confirming support at $14,500. The bellwether cryptocurrency is in the hands of the bulls as they nurture the uptrend to $20,000. Bitcoin is dancing at $15,545 amid a recovery mission from the key support highlighted by the 50 Simple Moving Average (SMA). Stability and calm have also

Bitcoin News
Bitcoin News

Bitcoin shifts the focus to $20,000 amid the ballistic rise to $16,000

Bitcoin breakout gains traction taking down the hurdle at $15,000 and almost brushing shoulders with $16,000. The RSI reveals overbought conditions that suggest a reversal is around the corner. The largest cryptocurrency is up almost 15% amid the rising tension due to the delayed United States presidential election results. After taking down the resistance at

Bitcoin breakout gains traction taking down the hurdle at $15,000 and almost brushing shoulders with $16,000. The RSI reveals overbought conditions that suggest a reversal is around the corner. The largest cryptocurrency is up almost 15% amid the rising tension due to the delayed United States presidential election results. After taking down the resistance at

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Bitcoin News
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Bitcoin News

Bitcoin price reclaims $14,000 and why $15,000 is imminently achievable

Bitcoin bulls are eager to establish strong support above $14,000. BTC/USD has a relatively smooth path to $15,000 according to on-chain metrics like the IOMAP model. The flagship cryptocurrency resumed the uptrend, blasting above $14,000 for the third time in less than seven days. BTC/USD extended the bullish leg upwards, trading new yearly highs around

Bitcoin bulls are eager to establish strong support above $14,000. BTC/USD has a relatively smooth path to $15,000 according to on-chain metrics like the IOMAP model. The flagship cryptocurrency resumed the uptrend, blasting above $14,000 for the third time in less than seven days. BTC/USD extended the bullish leg upwards, trading new yearly highs around

BTC/USD price chart
Bitcoin News
BTC/USD price chart
Bitcoin News

Bitcoin Technical Analysis: BTC Struggles With The Stubborn Resistance At $14,000

Bitcoin rejected from levels slightly above $14,000 again, leaving a gap to be explored by the bears. BTC/USD must defend the support at the 50 SMA and the ascending channel’s middle boundary to keep the uptrend intact. Bitcoin price retested $13,200 support on Tuesday in the wake of the news that cryptocurrency exchanges operating in

Bitcoin rejected from levels slightly above $14,000 again, leaving a gap to be explored by the bears. BTC/USD must defend the support at the 50 SMA and the ascending channel’s middle boundary to keep the uptrend intact. Bitcoin price retested $13,200 support on Tuesday in the wake of the news that cryptocurrency exchanges operating in

BITCOIN CHART
Bitcoin News
BITCOIN CHART
Bitcoin News

Bitcoin Price Prediction: BTC Pieces $13,200, Hitting New Yearly Highs

Bitcoin price paces upwards, trading new 2020 highs above $13,000. BTC/USD bullish outlook has the potential to continue especially without a formidable hurdle ahead. Bitcoin had a smooth sailing in the past few days, first bringing down the resistance at $11,800. The bullish momentum paced upwards, allowing the bulls to smash through the crucial $12,000

Bitcoin price paces upwards, trading new 2020 highs above $13,000. BTC/USD bullish outlook has the potential to continue especially without a formidable hurdle ahead. Bitcoin had a smooth sailing in the past few days, first bringing down the resistance at $11,800. The bullish momentum paced upwards, allowing the bulls to smash through the crucial $12,000

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Bitcoin News
bitcoin price
Bitcoin News

Bitcoin Price Prediction: Why BTC Might Revisit $11,200 Before Rallying To $13,000?

Bitcoin recovers but marginally; resistance at $11,600 stays intact. A rising wedge pattern suggests that a reversal is in the offing while immense support is anticipated. Bitcoin recovered slightly from the levels discussed on Thursday around $11,400. The flagship cryptocurrency tested the resistance at $11,600 but failed to pierce through. Meanwhile, BTC is dancing at

Bitcoin recovers but marginally; resistance at $11,600 stays intact. A rising wedge pattern suggests that a reversal is in the offing while immense support is anticipated. Bitcoin recovered slightly from the levels discussed on Thursday around $11,400. The flagship cryptocurrency tested the resistance at $11,600 but failed to pierce through. Meanwhile, BTC is dancing at

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Bitcoin News
NYDIG-Bitcoin-Fund
Bitcoin News

Bitcoin Price Prediction: BTC Prepares For A Major Liftoff To New Yearly Highs

Bitcoin stalls at $11,400 after rejection from $11,800; support is envisaged at $11,250. On-chain data shows whales constantly accumulating BTC; investors anticipate price action to new yearly highs. Bitcoin recently sliced through a symmetrical triangle pattern presented on the daily chart. The pattern has been discussed severally in our technical analyses. BTC closed in on

Bitcoin stalls at $11,400 after rejection from $11,800; support is envisaged at $11,250. On-chain data shows whales constantly accumulating BTC; investors anticipate price action to new yearly highs. Bitcoin recently sliced through a symmetrical triangle pattern presented on the daily chart. The pattern has been discussed severally in our technical analyses. BTC closed in on

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Bitcoin News
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Bitcoin News

Bitcoin Price Analysis: BTC Triangle Breakout Tops $11,500

Bitcoin appears to have bottomed out, giving way for gains towards $12,000. The on-chain analysis shows the absence of tough resistance heading to $12,000. The flagship cryptocurrency eventually broke out above the stubborn resistance at $11,000. The impressive weekend gains extended to $11,500. However, the tremendous bullish pressure appears to have taken a pit stop

Bitcoin appears to have bottomed out, giving way for gains towards $12,000. The on-chain analysis shows the absence of tough resistance heading to $12,000. The flagship cryptocurrency eventually broke out above the stubborn resistance at $11,000. The impressive weekend gains extended to $11,500. However, the tremendous bullish pressure appears to have taken a pit stop

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Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Prediction: BTC Falters Ahead Of A Potential Breakdown To $10,000

Bitcoin settles above $10,800 after bouncing off $10,600 support. Bitcoin nurtures a sideways trend ahead of a breakdown that could revisit levels around $10,000. The cryptocurrency market is indecisive and continues to trade horizontally. Bitcoin has impressively held above $10,800. However, gains towards $11,000 have been capped under $10,900. On the downside, the flagship cryptocurrency

Bitcoin settles above $10,800 after bouncing off $10,600 support. Bitcoin nurtures a sideways trend ahead of a breakdown that could revisit levels around $10,000. The cryptocurrency market is indecisive and continues to trade horizontally. Bitcoin has impressively held above $10,800. However, gains towards $11,000 have been capped under $10,900. On the downside, the flagship cryptocurrency

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Bitcoin News
bitcoin
Bitcoin News

Bitcoin Technical Analysis: BTC Eyes Retreat Before Another Breakout To $11,000

Bitcoin price is poised for a retreat to the next support at $10,600. The 50 EMA and 100 EMA are in line to offer support to save Bitcoin from the potential fall to $10,600. The flagship cryptocurrency has been able to rise above the stubborn resistance at $11,000. However, there was an impressive bullish price

Bitcoin price is poised for a retreat to the next support at $10,600. The 50 EMA and 100 EMA are in line to offer support to save Bitcoin from the potential fall to $10,600. The flagship cryptocurrency has been able to rise above the stubborn resistance at $11,000. However, there was an impressive bullish price

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Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Analysis: BTC Bulls Regain Control, Plenty Of Room For Growth Above $11k

Bitcoin renews the uptrend after settling above the 50-day SMA. BTC is accorded with immense support according to on-chain analysis. The flagship cryptocurrency is gradually closing in on the coveted $11,000 critical level. Immediate support has been established above the 50-day Simple Moving Average. As Bitcoin settled above the 50 SMA, gains above this vital

Bitcoin renews the uptrend after settling above the 50-day SMA. BTC is accorded with immense support according to on-chain analysis. The flagship cryptocurrency is gradually closing in on the coveted $11,000 critical level. Immediate support has been established above the 50-day Simple Moving Average. As Bitcoin settled above the 50 SMA, gains above this vital

Bitcoin News
Bitcoin News

Bitcoin Price Prediction: BTC Upward Momentum Stalls Under $10,600 But Bulls Eye $11,000

Bitcoin bounces off support at $10,100 but hits a barrier at $10,600, delaying the uptrend. The number of new addresses joining the network is rising amid speculation that Bitcoin will soon hit $11,000. The flagship cryptocurrency suffered yet another blow, which forced it to revisit support at $10,100. The declines came after BTC was rejected

Bitcoin bounces off support at $10,100 but hits a barrier at $10,600, delaying the uptrend. The number of new addresses joining the network is rising amid speculation that Bitcoin will soon hit $11,000. The flagship cryptocurrency suffered yet another blow, which forced it to revisit support at $10,100. The declines came after BTC was rejected