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Bitcoin traded to a new 2020 high at $9,575 and recently corrected lower against the US Dollar. It seems like an inverse head and shoulder pattern is forming, which could drag BTC towards $8,800.After a steady rise, bitcoin price struggled to gain momentum above $9,500 against the US Dollar.The price
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Bitcoin is not only the largest digital asset in the crypto market by market cap, it’s also one of the most profitable as it has been returning consistent profits for its hodlers and investors over the years. The asset’s popularity also ensures that it’s consistently being talked about, with various
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Bitcoin has erased more than 45 percent of last week's rally, but a bullish chart pattern is still valid. Source
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Bitcoin price touches intraday high of $7,668 Wednesday.Earlier in the day, BTC/USD bottomed at $6,847.72, a six-month low.Cryptocurrency markets recover north of $200 billion.Bitcoin’s price reclaimed the $7,500 handle on Wednesday after plunging to its lowest level in over six months.BTC/USD Stages Relief RallyWednesday’s roller coaster session saw bitcoin’s price
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Bitcoin (BTC) closed the week down almost 6% at $8,500. Altcoins performed slightly better than BTC but collectively also closed lower for the week, down 3.5% against the dollar. Bitcoin dominance remains relatively flat and continues to hold 68% of the total share of the cryptocurrency market.Monday has brought
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Ethereum price is struggling to climb above the $192 and $195 resistances against the US Dollar.It seems like a head and shoulders pattern forming with support near the $188 and $186 levels.This week’s key bullish trend line is intact with support near $188 on the hourly chart of ETH/USD (data
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AnalysisWhen looking at the chart below, we can see that Litecoin (LTC)trade is currently trading at $50.07. The cryptocurrency price has broken out of the channel and broken the support of $52 and found a new support at $48 with resistance at $ $50.5.Litecoin’s price is trading around its support
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