Cryptocurrency Analysis and News Portal
Ethereum price extended its decline and broke the $175 support area against the US Dollar.Bitcoin price is also down more than 3% and it broke the $8,000 support area.Yesterday’s highlighted key bearish trend line is intact with resistance near $175 on the hourly chart of ETH/USD (data feed via Kraken).The
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Bitcoin price extended its decline and broke the key $8,000 support area against the US Dollar.The price is likely to test the main weekly bearish target of $7,500 in the coming sessions.There was a bearish break below a contracting triangle with support near $8,350 on the hourly chart of the
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Bitcoin (BTC) proponents are again mulling the chances of the United States banning cryptocurrency as lawmakers move to outlaw flavored e-cigarettes. E-cigarettes: Washington “clears market”The sudden restrictions, which both the White House and the Food and Drug Administration confirmed on Sept. 12, mean e-cigarettes will disappear from the U.S. market
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View Bitcoin’s five-day winning run, the longest in a month, has neutralized the short-term bearish view. A UTC close above the lower high of $10,956 created on Aug. 20 is needed for a bullish revival. Volumes picked up on Tuesday,
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Bitcoin price declined heavily in the past few sessions below $10,000 against the US Dollar.The price is currently correcting higher after it tested the $9,750 support area.There is a declining channel forming with resistance near $10,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could
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Bitcoin price remained in a bearish zone and even dropped below $10,000 against the US Dollar.The price is now trading well below the $10,200 level and it could continue to slide.There is a key bearish trend line forming with resistance near $10,150 on the hourly chart of the BTC/USD pair
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Bitcoin price broke the key $11,200 support level and declined below $11,000 against the US Dollar.The price tested the $10,500 bearish target (as discussed in the weekly forecast).There is a major bearish trend line forming with resistance near $11,200 on the hourly chart of the BTC/USD pair (data feed from
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View Bitcoin charted an “inside bar” pattern last month, making $13,200 the level to beat for the bulls. A convincing move above $13,200 would imply a resumption of the rally from lows near $4,050 seen in April. A break below $9,049
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In a note to customers, Goldman Sachs gave a bullish forecast for Bitcoin price. Shared on Twitter, Aug. 11, the note suggests a short-term target of $13,971.Bullish analysis based on Elliott WavesThe target given is based on Elliott Wave Theory, which forecasts market trends by identifying extremes in investor
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Bitcoin price rallied more than 8% and climbed towards $11,500 against the US Dollar.The price traded as high as $11,646 and it is currently correcting gains.There is a key bullish trend line forming with support near $10,900 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price
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