In March 2020, major stock market indexes saw some of the worst price collapses in decades, as markets confronted the realities of the COVID-19 pandemic. Bitcoin was no exception to these economic strains. Having traded as high as $10,000 in mid-February 2020, bitcoin’s price collapsed to below $4,000 by mid-March, including a 30% drop in […]
The long-awaited bitcoin (BTC) ETF could finally see the launch as early as next week, people familiar with the matter opine. Bitcoin Futures ETF a Done Deal According to a Bloomberg article published on October 14, the US Securities and Exchange Commission (SEC) is set to allow the first bitcoin exchange-traded fund to begin trading. […]
BCH/USD Market Features at $600 – October 14There has been a continued range of trading situations in the BCH/USD activities as the crypto market features at a $600 level. The trade keeps a pace of about 1.44 percent, trading around the line of $601. Market Features at $600: BCH MarketKey Levels:Resistance levels: $700, $900, $1,100Support […]
Bitcoin Price Prediction – October 14 The Bitcoin price is up by moving close to the channel as the coin strikes a sudden and bullish price spike. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $64,000, $66,000, $68,000 Support Levels: $53,000, $51,000, $49,000 BTCUSD – Daily Chart BTC/USD is pushing the price above […]
Bitcoin Price Prediction – October 13 The Bitcoin price prediction gains 1.87% as bulls keep working hard to nurture a bullish trend above the moving averages. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $62,000, $64,000, $66,000 Support Levels: $50,000, $48,000, $46,000 BTCUSD – Daily Chart BTC/USD is currently trading at the $57,050 […]
Bitcoin price is back at nearly $57,000 and is less than $10,000 away from a new setting a new all-time high and heading back into price discovery mode. It is also moments away from re-entering the RSI bull zone, which in the past has led to cryptocurrency cycle climaxes and a bear market to follow. […]
Bitcoin Price Prediction – October 13 The Bitcoin price retested the $54,236 support level before facing the nearest resistance level of $56,000, but the coin must stay above $57,000 for a steady increase. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $62,000, $64,000, $66,000 Support Levels: $50,000, $48,000, $46,000 BTCUSD – Daily Chart […]
Litecoin Market Attempts Downsizing – October13There has been a sign that the LTC/USD market attempts downsizing around the level of $170. As of writing, the crypto coin is trading around $169 at a minimal negative percentage rate of about 1.95. That gives an insight that the market may likely witness a degree of downs in […]
CAKE has enjoyed significant gains over the past 24 hours despite a slight dip in the broader cryptocurrency market. After bitcoin touched $58K yesterday, it slumped to the current levels of $55K, causing dips across the entire market. However, CAKE has remained unaffected by this downtrend, and it is trading in the green zone. CAKE […]
Market Converges at $3,500 – October 13It is a couple of trading days’ sessions the ETH/USD market converges around $3,500. The market now trades at a $3,463 value line at a smaller negative percentage rate of 0.82. It also appears that the crypto economy is striving to hold back its position against the US economic […]
Bitcoin Price Prediction – October 12The BTC/USD financial book now records that the crypto-economic price keeps a northward-path direction in its trading operations. There is a slight downward reversal at a negative percentage rate of about 2.34 to trade $55861. BTC/USD Market Key Levels:Resistance levels: $57,500, $60,000, $62,500Support levels: $55,000, $52,500, $50,000BTC/USD – Daily ChartThe […]
Bitcoin Is in a New Uptrend as Bitcoin Holds Above $54k- October 12, 2021 BTC/USD continues its upward move as Bitcoin holds above $54K. The uptrend is facing resistance at the recent high. Bitcoin is retracing after two days of correction. The market is likely to retrace to the previous range bound zone of $54,000 […]
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3% one year from now. In addition to the […]
The most recent Santiment data shows that the top 10 Ethereum non-exchange whale addresses are buying more Ethereum as prices increase. The same analysis shows that top exchange whale addresses are selling more during similar periods. The whale actions could be in preparation for the end of the year predicted Ethereum prices of $5k. The […]
Bitcoin touched a fresh high of $58,000 on October 12 according to data from CoinGecko. At the time of writing, Bitcoin’s prices are at around $57,000, and it is still pushing towards higher resistance levels. Since the beginning of October, Bitcoin has been posting new monthly highs, and the recent price has been a five-month […]
Dan Morehead, the CEO of Pantera Capital, is confident that the crypto market has entered a new bull cycle. He has, however, also warned that a potential launch of a Bitcoin exchange-traded fund (ETF) could put a damper on the latest run-up. In an October note to investors, Morehead said that “after a period of […]
Litecoin Price Prediction – October 10 The daily chart shows that the Litecoin price could not climb above the $185 level as the price touches the low of $176. LTC/USD Market Key Levels: Resistance levels: $200, $210, $220 Support levels: $160, $150, $140 LTCUSD – Daily Chart Despite an uptick in other cryptos, LTC/USD is […]
Summary Of The Week As the week started with a sea of green candles, bitcoin’s price breached $50,000 for the first time since early September and then went on to breach $55,000 for the first time since May. Bitcoin seems poised to rally throughout the rest of the year as more institutional support gathered over […]
The current BTC price bull run as seen the big crypto bush shoulders with $55K. Bitcoin’s market capitalization has once again returned to over $1 trillion. The IOMAP shows that BTC sits on strong support around $53,200. BTC price is trading at $54,329 with a bullish bias after rallying approximately 7.25% over the last 24 […]
Dogecoin usually follows the price of bitcoin, and the recent price action that pushed bitcoin to $54K has had a positive effect on dogecoin. Over the past week, dogecoin has gained by around 21%, but volatility has caused slight dips in the past 24 hours. Dogecoin’s market cap sits at $32 billion, making it the […]
Bitcoin is racing higher today after smashing through $50,000 yesterday for the first time since early September and now trading above $54,000, following news that Brazil is likely to make the virtual currency legal tender. Hot on the heals of El Salvador, which made the leading cryptocurrency legal tender in the country in early September, […]
