Cryptocurrency Analysis and News Portal
In a sign of its growing maturity, bitcoin is nearing a 3-month period with a bottom at $9000. | Source: Shutterstock The bitcoin price has held above $9,000 for a record 81 days, a feat it couldn’t manage even during the monster bull run of 2017. Although BTC remains around 50%
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Bitcoin price is trading with a positive bias and recently climbed above $10,800 against the US Dollar.The price is currently trading above the $10,500 support and it could continue to rise in the near term.Yesterday’s highlighted key bullish trend line is providing support near $10,510 on the hourly chart of
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The total crypto market cap is currently consolidating gains below the $265.0B resistance area.Bitcoin price corrected gains, but it is still trading above the $10,500 support area.BCH price is struggling to move above the $300 resistance and is currently correcting gains.EOS price is currently consolidating gains near the $3.300 support
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ETH price failed to settle above $180 and started a fresh decrease against the US Dollar.The price is currently trading near the $174 support and it could bounce back in the near term.There was a break below a major bullish trend line with support at $177 on the hourly chart
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The correlation with bitcoin price is becoming obvious. | Source: ShuttertockBitcoin (BTC) started this week off in good spirits, citing an impressive rise of around 8%. Interestingly, analysts are attributing some of this action to the close of the Chicago Mercantile Exchange (CME).Bitcoin's 8% rise this week which left
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The price of bitcoin surged by $5,000 on April 2, a 23 percent jump that many believe was sparked by an article published on April Fool’s Day. Its title was “SEC drops the Bomb: Approves Bitcoin ETFs.”ETFs, a backronym for Exchange-Traded Funds, have lately caught up with the imagination of
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Bitcoin has had a volatile year and the clouds are gathering for stormy end to 2019. | Source: ShutterstockToo many people focus on bitcoin’s wild highs and fluctuating daily price. A better metric to look at is the monthly low points.By tracking the lows, you see the steady accumulation
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A long-term gold investor sees the precious metal and bitcoin replace bonds in portfolios. | Source: ShutterstockDan Tepiero, the founder of DTAP Capital and co-founder of Gold Bullion International said that gold and bitcoin will replace bonds as vehicles of portfolio hedge in the long term.Following the noticeable increase
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Bitcoin price extended its rally and climbed above the $10,500 and $10,650 resistances against the US Dollar.The price is currently correcting lower after trading to a new monthly high at $10,790.There is a major bullish trend line forming with support near $10,400 on the hourly chart of the BTC/USD pair
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The total crypto market cap extended its upside and climbed above the $255.0B resistance.Bitcoin price also gained traction and traded above the $10,500 and $10,600 levels.Litecoin (LTC) price is likely to break the $70.00 resistance area and it could continue higher.BCH price is above to surpass the main $300 resistance
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