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As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen lower highs indicative of a downward trend, at least in the mid-term. After
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AnalysisWhen looking at the chart below we can see that Bitcoin(BTC)trade is trading at $7,300. The largest cryptocurrency by market capitalization is trading witin the channel with $7,600 acting as resistance and as the channel upper limit, and $7,190 is acting as support and as the channel lower limit.The lower
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The Bitcoin CME gap has turned out a tradable situation as of late, in any case, in past weeks, the gap has remained underneath the weekly gap however this isn’t the situation now.On November 29, the CME market left at $7,800, and at the hour of composing, Bitcoin was trading
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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 Sits on $7K, Gathers Steam for Upward Move December 2, 2019 by Ramiro Burgos After taking another disappointing hit last week, the bitcoin price has settled again around the $7,000 USD mark. What sort of prompt could move it up or down from there? Read our weekly technical
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Ripple price is holding a couple of important supports near $0.2180 and $0.2150 against the US dollar.The price is currently facing resistance near the $0.2260 and $0.2300 levels.There is a major bearish trend line forming with resistance near $0.2260 on the hourly chart of the XRP/USD pair (data source from
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Whilst the Bitcoin price (BTC) action may seem bearish to some, the leading digital asset has several bullish indicators that hint towards an imminent recovery.As Bitcoin enters the last month of 2019, will the king of cryptocurrencies finish on a bullish rally, or fall to a yearly low?Daily crypto
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Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13
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Bitcoin (BTC) fell back towards support at the $7,250-$7,300 level on Dec. 1 after its latest sudden uptick began to fizzle overnight. Cryptocurrency market daily overview. Source: Coin360Futures gap incoming if lower levels stayData from Coin360 showed the largest cryptocurrency shedding almost 30% of its gains from earlier in the
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This year has been a great year for the crypto world. Okay, not as great as the 2017 craze, but it is a long way up compared to what we saw last year. As good as that sounds, several indicators show that the price curve was, in fact, influenced by
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