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Ethereum, like most of its peers, has incurred a slight amount of selling pressure today that has led it to decline from highs of just under $200 that were set yesterday. This tempered move lower comes as the crypto is caught within a firm mid-term uptrend.It does appear that this
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The Bitcoin price rose to as high as $7,770 on major cryptocurrency exchanges on April 23. The abrupt upsurge coincided with the expiration of CME’s BTC futures contracts for April.Data from Skew indicates that the CME Bitcoin futures volume and open interest spiked to a monthly high. The surge in
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The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining volume of BTC suggests it is not likely.The Bitcoin price has been ranging in between
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Bitcoin is up more than 4% and it broke the key $6,500 resistance area against the US Dollar. BTC price is forming a solid bullish trend and it could soon rally towards $7,000 or $7,200.Bitcoin started a fresh increase after testing the $6,200 support area against the US Dollar.The price
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Over the past day or two, the price of Bitcoin has continued to show signs of strength, rallying as high as $6,800 on Tuesday afternoon (TradingView data) as global markets begin to show signs of recovery after weeks of downward price action.Related Reading: House Democrats Propose ‘Digital Dollar’ in Move
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On April 1st, 2019, after a brutal Bitcoin bear market that brought the cryptocurrency down by 80% and more, something changed: BTC saw “fireworks” as the price exploded 25% in a single day, marking one of the largest moves for the asset in its short but storied history.At first, many
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Bitcoin is currently correcting higher from the $7,638 monthly low against the US Dollar. BTC price could correct higher towards the $8,200 resistance area, where the bears are likely to appear.Bitcoin is showing a few recovery signs above the $7,800 level against the US Dollar.The price is currently forming a
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Bitcoin’s recent price action has made it incredibly unclear as to where the cryptocurrency could be positioned to move next, with its recent drop below $10,000 suggesting that bulls do not have enough strength to surmount the resistance that exists around this price level. In the near-term, Bitcoin’s bullish reaction to
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Bitcoin didn’t fare too well on Wednesday. After recovering to $10,300 from the weekend’s low of $9,500 — a gain of just over 8% — the price of the leading cryptocurrency fell off a cliff as the day came to a close on Wednesday. In the span of a few hours,
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Bitcoin price revered losses and climbed to a new 2020 high at $10,406 against the US Dollar. BTC is now eyeing another bullish wave above $10,500 in the near term.Bitcoin is gaining bullish momentum above the $10,000 and $10,200 resistance levels against the US Dollar.The price is likely to continue
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