Cryptocurrency Analysis and News Portal
Bitcoin is trading nicely above the $9,400 support zone against the US Dollar. BTC price is likely to continue higher towards $10,000 if it clears $9,600 and $9.750.Bitcoin is trading with a positive bias above the $9,400 support zone.The price could struggle to clear the $9,600 and $9,750 resistance levels
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In just a few minutes’ time, Bitcoin will close May’s price candle. Analysts say that this close will be crucial for indicating in which direction the cryptocurrency market heads next.A region of importance that many analysts are eyeing is the low-$9,000s. As one analyst explained:“We’ve not had a Monthly close
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While Bitcoin is stalling under the key $9,500-9,600 resistance level, Ethereum has rocketed higher.The asset, according to TradingView.com, is up 10% over the past 24 hours. ETH is currently pushing $244, the highest price since early March.For some context, Bitcoin is up a mere 1% in the past 24 hours.
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Ethereum incurred some explosive momentum yesterday that allowed it to erase weeks of losses that it had posted against its Bitcoin trading pair.This latest movement has significantly bolstered its market structure, with ETH to rallying up to its local highs of $235 that were set several weeks ago. It still
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Nasdaq 100 companies are making a killing amid the pandemic. Global liquidity is a huge factor behind the recent stock market rally. The smart money will eventually find its way to fundamentally sound companies. The Nasdaq Composite (IXIC) is slaughtering bears in a time of global crisis. The benchmark
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The Dow Jones rallied back from losses of more than 300 points. Donald Trump’s rhetoric is growing hawkish on China, but a closely-watched press conference proved to be a nothingburger The Dow closed flat, while the S&P 500 and Nasdaq recovered into the green. The Dow Jones closed slightly
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Sony announces long-awaited PS5 event on June 4. Showcase will feature next-gen titles that demonstrate ‘the potential of the hardware.’ Rumors suggest Sony will reveal the final console design beforehand. After weeks of speculation, Sony has confirmed that it will host a PS5 event on Thursday, June 4, at
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Bitcoin is correcting lower after testing $10,000 as its local top.But a confluence of technical and fundamental catalysts could flip the cryptocurrency’s direction towards $11,000.They include a Symmetrical Triangle formation, the Sino-U.S. geopolitical conflict, and the Federal Reserve’s unlimited fiscal support.Bitcoin is correcting lower in the final week of May
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Bitcoin has been on an impressive rally over the past two months.From the $3,700 lows seen on March 13th, the asset has rallied over 150%. This 150% performance means BTC has outperformed basically any other multi-billion-dollar asset over the same time period.This strong surge to fresh highs hasn’t convinced everyone
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Bitcoin is up more than 4% and it broke the key $9,500 resistance zone against the US Dollar. BTC price is currently correcting lower, but dips remain supported near $9,350.Bitcoin gained traction above the $9,300 and $9,500 resistance levels.The price traded as high as $9,624 and it is currently correcting
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