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View BTC is on the defensive and may face selling pressure in the run up to the bearish crossover of the 100- and 200-day averages. Prices will likely breach the 50-day average support near $8,550 and extend losses toward $8,000
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Bitcoin’s (BTC’s) price has been choppy since its October spike to $10,350, giving no clear indications of where its trend will head next. Overall, crypto’s pioneer asset has been fairly uneventful, with many price fakeouts. Bitcoin’s daily candle bounced off its 50-day moving average (MA) as support on Nov. 12,
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The cryptocurrency market is currently undecided on if Bitcoin is about to embark on its next bull run, or if it’ll fall back further into a bearish trend in the short-term.The neutral market could finally have its decision, if a “life-changing” golden cross occurs in Bitcoin price charts, according to
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Bitcoin price (BTC) was drifting towards $9,000 on Oct. 30 as the momentum behind its recent bull run appeared to wane. Cryptocurrency market daily overview. Source: Coin360Bitcoin ranges prior to moving average crossoverData from Coin360 showed BTC/USD down around 3.2% on Wednesday, having spent the previous day circling $9,500. Those levels
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View Bitcoin is looking north, with the hourly chart reporting a golden cross. Key resistance at $8,820 could be put to test over the next few days. On the downside. $7,800 is the level to beat for the bears. A widely tracked
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Bitcoin price (BTC) is down around 1% on Monday, following a strong close to the week on Sunday with a move from lows of $7,875 to highs of over $8,300. The altcoins also bounced around 2% yesterday and have also failed to follow through today. Despite the strong close to
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At the moment, not too much is happening with Bitcoin’s (BTC) price action. The price continues to drop and a series of lower highs occur even as bullish news hits the press week after week. The news of Bakkt Bitcoin futures trading volume increasing by 796% failed to positively
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View BTC quickly fell to $9,600 this morning, bolstering the bearish setup on the 4-hour and daily charts. A deeper drop to key support at $9,454 may now be in the offing. A UTC close below $9,450 would confirm a
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Ethereum is showing many bearish technical setups. The No. 2 crypto is likely to crash further before any signs of life will be seen. | Source: ShutterstockEthereum’s recent price action is giving bears the courage to come out of hiding. After all, the No. 2 cryptocurrency is down by
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