Bitcoin Could Recover Above $10,500 As Double Bottom Pattern Emerges
Bitcoin price retested the $9,900 zone against the US Dollar. BTC seems to be forming a double bottom
Read MoreBitcoin price retested the $9,900 zone against the US Dollar. BTC seems to be forming a double bottom
Read MoreXRP, like other major crypto assets Bitcoin and Ethereum, suffered a powerful collapse this week that turned sentiment
Read MoreBitcoin price is forming a strong support and a possible double bottom near $11,140 against the US Dollar.
Read MoreAfter four months of a downtrend, Citi Private Bank’s strategists say global activity rebound is “extremely sharp, V-shaped in fact.” Weekly indicators show a clear rebound in corporate revenues, which means the stock market likely bottomed out in Q2. Rising liquidity, strengthening economy, and growing business productivity could catalyze stocks in the
Read MoreBitcoin has faced a rather strong correction after its explosion to the $11,500 highs. At the recent lows,
Read MoreAfter pushing as high as $9,300, Bitcoin bulls faced yet another strong sell-off on Thursday. The cryptocurrency slid from that local high to a low of ~$8,930 in a number of hours in a move that liquidated dozens of millions.Despite this drop, there remain multiple valid analyses indicating that Bitcoin
Read MoreBitcoin has seen a sharp correction after tapping $9,800 during Monday’s trading session. As of the time of this article’s writing, the cryptocurrency trades for $9,300 — more than 5% below the highs.This rejection at a crucial resistance zone (~$10,000) has confirmed to a number of analysts that more downside
Read MoreThe past few days have seen Bitcoin trade in the low-$9,000s seemingly with a downside skew. The cryptocurrency has tested $9,000 time and time again, as bears prepare to push the asset under that crucial support to confirm a bear trend.Yet an analyst that made an extremely accurate prediction has
Read MoreBitcoin is at an impasse: over the past six to seven weeks, the cryptocurrency has been caught in a relatively tight holding pattern that has seen it range between ~$8,500 and ~$10,000.Every attempt at deviating from this range has resulted in a rejection, with bears and bulls failing to establish
Read MoreThe past few days have seen Bitcoin recover strongly from the weekly lows of $8,600.As of the time of this article’s writing, the flagship cryptocurrency sits at $9,400, just over $200 shy of the weekly high of $9,650.It’s a strong rally that has convinced many traders of the bull case,
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