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Bitcoin price gained pace and cleared the $17,000 resistance. BTC is showing positive signs and might rise towards the $18,000 resistance. Bitcoin started a fresh increase above the $16,800 and $17,000 resistance levels. The price is trading above $16,800 and the 100 hourly simple moving average. There is a major bullish trend line
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Bitcoin (BTC) is now further below a key moving average than it was at the pit of the March 2020 COVID-19 crash.In a tweet on Jan. 4, popular trader and analyst Rekt Capital revealed just how remarkable the current Bitcoin bear market really is.BTC price 200-week moving average out of
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Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held firm.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$17,000 "possible" thanks to CPI printData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $16,906 on Bitstamp, up $300 from the previous day’s
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The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states that while 2022 has been a terrible year, the building blocks of the industry will
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Bitcoin price is attempting an upside break above $16,800. BTC could gain bullish momentum if it clears the $16,800 and $17,000 levels. Bitcoin is still trading in a major range below the $16,800 and $17,000 resistance levels. The price is trading above $16,600 and the 100 hourly simple moving average. There is a
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Bitcoin price is still facing resistance below $17,000. BTC could decline heavily if there is a clear move below the $16,000 support zone. Bitcoin is still showing bearish signs below the $16,800 and $17,000 resistance levels. The price is trading above $16,500 and the 100 hourly simple moving average. There was a break
Read MoreKonstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.Since the start of the week, the prices of Bitcoin (BTC), and Ethereum (ETH) have experienced a heightened level of volatility, pushing them from resistance level to new support at relatively short
Read MoreAccording to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857, $12,256 and $12,868 levels would likely act as important support and resistance areas.In previous cycles, whale activity coincided with significant price movements at crucial technical levels.
Read MoreOn Oct. 7 Cryptox reported that top crypto traders had kept a bearish stance since mid-September and at the time the Bitcoin (BTC) long-to-short ratio had reached its lowest level in 10 weeks. All of this changed in a matter of hours as soon as BTC broke through the $11,000
Read MoreThe crypto industry is known for its dramatic price action, euphoria and bubbles. In the latest sustained fad since the 2017 initial coin offering, or the ICO boom, the decentralized finance niche of the industry now captivates the attention of many participants. One particular asset within this niche, YFI, has
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