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Despite the slight recovery seen over the past few days, analysts still fear that Bitcoin is on a trajectory that will see its price correct even further than it already has. In fact,Related Reading: Crypto Tidbits: India Makes Watershed Ruling On Bitcoin, Elon Musk Bumps Dogecoin, Ethereum Founder Supports Twitter
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After falling as low as $8,400 on the weekend, Bitcoin has mounted a strong recovery over the past few days. Just recently, the cryptocurrency breached $9,000 for the first time in days, now trading at $9,130 as of the time of this article’s writing (TradingView chart can be seen below illustrating
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Bitcoin saw a notable breakout today after being caught within a prolonged bout of sideways trading over the past several days and weeks, with today’s upwards movement bolstering the cryptocurrency’s market structure. One prominent trader is now that he believes that the cryptocurrency is bound to see further upside due to
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Bitcoin is slowly gaining bullish momentum above $8,800 against the US Dollar. BTC price must settle above the $9,000 barrier to start a convincing rally towards $9,500.Bitcoin is showing positive signs above the $8,800 resistance area against the US Dollar.The price remains well supported on dips near the $8,840 and
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Ripple is following a bullish path above the $0.2320 support zone against the US Dollar. XRP price is likely to accelerate higher above the $0.2400 and $0.2420 resistance levels.Ripple price is slowly climbing higher above the key $0.2350 level against the US dollar.The price is likely to gain bullish momentum
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Bitcoin is trading in a positive zone against the US Dollar, especially after the fed interest rate cut . BTC price is likely to continue higher above the $8,900 and $9,000 resistance levels in the near term.Bitcoin is likely to gain traction after the recent breakout attempt against the US
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Ethereum is showing positive signs above $225 against the US Dollar. ETH price is likely forming a bullish breakout pattern and it could soon rally above $235-$238.Ethereum is forming a nice bullish formation above the $220 support area against the US Dollar.The price is likely to surge above $230 and
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Ethereum is gaining traction and it recently recovered above the $225 resistance against the US Dollar. ETH price could rally if there is a clear break above $238 and $240.Ethereum is slowly gaining momentum above the $220 and $225 levels against the US Dollar.The price must climb above the $238
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Bitcoin and the crypto market haven’t been the only assets falling over the past week or two.This week marked one of the stock markets and commodity market’s worst performances in history, with the S&P 500 and Dow Jones falling by around 12% from their all-time highs established just earlier this
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After evaluating data derived from crypto publication headlines, digital asset alternative data provider The TIE discovered a correlation between Bitcoin’s price in the market and mentions of the upcoming halving in media outlets.“We noticed how, as mentions of the halving were decreasing last fall, that tended to correlate with
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