Cryptocurrency Analysis and News Portal
Yesterday for the second time in June 2020 Bitcoin price collapsed 10%. The drop coincided with the significant crash of the Dow Jones index.Yet again, the world’s largest cryptocurrency Bitcoin faces major resistance at $10,500 levels. On Thursday, June 11, the Bitcoin price crashed 11% from $10,100 levels falling all
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Although Bitcoin has been incessantly swinging between $9,000 and $10,000 over the past few days, the cryptocurrency is technically still in a consolidation pattern.Ever time BTC attempts to deviate from the range, it is rejected — on both sides. Case in point, when the asset rallied to $10,400 last week,
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The price of Bitcoin (BTC) is still struggling to break out above $10,000 following three failed attempts over a 36-day period. Traders remain mixed on the short-term price trend of BTC as macro indicators suggest varying trends.Many traders believe the price of Bitcoin is primed for a rally above the
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On Thursday, June 11th, BTC remains positive but does not demonstrate any bursting growth. Bitcoin is generally trading at $9,750 today.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC price now.The BTC may grow in price several times – Dedic.Large investors like the BTC.On W1, the Bitcoin keeps trading in a small
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Bitcoin failed at yet another attempt to break bullish above $10,000 on Wednesday.The cryptocurrency’s sharp pullback from the crucial resistance level has raised its possibilities of falling towards $8,800.One prominent analyst sees the breakdown as an opportunity to launch a bull run above $10,000.Bitcoin could be at risk of crashing
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It has been found out that the behavior of Bitcoin now is quite similar to what happened in 2013. If the situation repeats, BTC price may reach new highs just in a few weeks.A similar situation to what happened in 2013, when Bitcoin price hit its maximum of that period
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Bitcoin’s price undulations became the calmest in three months on Tuesday, as volatility revisited levels last seen ahead of the “Black Thursday” crash on March 12. The leading cryptocurrency’s 30-day volatility has now fallen to 40%, the lowest level since March 6, according to blockchain analytics firm IntoTheBlock. Meanwhile, 60-day volatility
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Bitcoin is trading more than 150 percent higher from its March 2020 lows below $4,000.The cryptocurrency’s wild move upside has cheered traders, but a textbook technical indicator warns about a potential bull trap.There are possibilities of Bitcoin falling towards $6,700 if the fractal plays out as indicated.A textbook technical indicator may spoil the ongoing
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It was $10,000 or bust as bitcoin traded unremarkably for much of Monday. Bitcoin (BTC) was trading around $9,706 as of 20:00 UTC (4 p.m. ET), slipping by less than a percent over the previous 24 hours. At 00:00 UTC on Monday (8:00 p.m. Sunday ET), bitcoin was changing hands ataround $9,760
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[sociallocker id="55298"] Blockfyre co-founder Simon Dedic predicts that Bitcoin (BTC) prices will hit $150,000. However, he doesn’t think that this rise will be like the one we observed in 2017.Blockfyre’s Co-founder Simon Dedic has predicted that Bitcoin (BTC) price could reach $150,000. He also said that Ethereum (ETH) could hit
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