Cryptocurrency Analysis and News Portal
Bitcoin (BTC) is stabilizing around the $60,000 support level after declining about 15% from an all-time high near $69,000.The cryptocurrency is roughly flat over the past 24 hours and could see further upside toward the $63,000-$65,000 resistance zone.Both the 50-day and 100-day moving averages are sloping upward, indicating a positive
Read More
Bitcoin (BTC) is down about 5% over the past 24 hours after sellers gained control around the $65,000 resistance level. The cryptocurrency is stabilizing around $60,000 support and appears to be oversold on intraday charts.For now, short-term indicators suggest limited downside into Asian trading hours. For example, the relative strength
Read More
Approaching its all-time high above $67,000, Bitcoin sits at profits across the board. The benchmark crypto took off yesterday moving from the low of its current levels and destroying all opposition to trade at $66,428, as of press time. BTC on a rally in the daily chart. Source: BTCUSD Tradingview The general
Read More
Bitcoin (BTC) starts a new week on a high in more ways than one as BTC/USD seals its highest ever weekly close.After days of painfully slow progress, Bitcoin finally put in a breakout move to the upside to pass crucial levels.Now ready to go “parabolic,” some argue, the largest cryptocurrency
Read More
Bitcoin (BTC) continues to trade in a tight range, although buyers appear to be holding support above $60,000. Short-term indicators are neutral, although pullbacks could be limited given a series of price breakouts over the past month.If buyers fail to hold $60,000, lower support around the 50-day moving average, currently
Read More
Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish moment has faded. Even with the price facing these hurdles, it’s still premature to call the $58,000 support level
Read More
The stablecoin market has grown exponentially over the last few months due to the numerous advantages blockchain-based versions of fiat currencies have. But, when Facebook launched its cryptocurrency wallet Novi using Paxos’ stablecoin, some United States senators were quick to oppose it. Are they concerned about user data or monetary
Read More
Bitcoin gained pace above the $63,000 resistance against the US Dollar. BTC is rising and it may soon clear the $65,000 resistance in the near term. Bitcoin is showing positive signs above the $61,000 and $62,500 levels. The price is now trading above $62,500 and the 100 hourly simple moving average. There is
Read More
Bitcoin ended Sunday (UTC) well above $61,000, confirming its highest weekly close and putting the lifetime price record of $64,801 on the map.So far, the follow-through has not been impressive. The cryptocurrency was trading near $61,300, having faced rejection around $62,600 early today.Since Friday, buyers have failed several times to
Read More
Subscribe to Crypto for Advisors, our weekly newsletter defining crypto, digital assets and the future of finance.Sign UpBy signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our terms of services and privacy policy. Original Source
Read More