Category: Technical Analysis

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Bitcoin must now reclaim these price levels to resume its rally to $20K

The price of Bitcoin must now reclaim the $18,000 level for a chance to resume November’s bullish trend. Bitcoin (BTC) has been seeing significant momentum in previous weeks as its price was approaching the precious $20,000 all-time high. However, an abrupt end came to this glorious rally, with Bitcoin price crashing severely over the past…
Read more

XRP price soars 50% in one week to new yearly high — Watch these levels next

XRP price has been the best performer thus far this weekend gaining over 50% in the past week. Bitcoin (BTC) has been taking the spotlight in recent months, but altcoins have started to finally follow the number one cryptocurrency. Several large caps have been making double digits runs in the previous days, resulting in a…
Read more

Bitcoin price must break this level to extend 6-week winning streak

Bitcoin price may be nearing exhaustion after recording its sixth consecutive weekly green candle. Bitcoin price has been showing significant strength as Bitcoin (BTC) rallied by more than 60% in a matter of six weeks, surging from $10,000 to $16,500 and leaving many investors behind. These investors were waiting for the close of the CME gap…
Read more

Can Bitcoin price conquer $16,000 as ‘extreme greed’ grips market?

Bitcoin price is undoubtedly in a bull market hitting $16,000 for the first time in years, but a correction may be in order as euphoria is setting in. Bitcoin (BTC) is still showing strength with multiple attempts to break through $16,000 on Nov. 12. A new yearly high was established throughout the day with BTC…
Read more

Did Ethereum just bottom vs. Bitcoin? This is the last big hurdle before $600

Traders should be cautious as ETH price is facing big resistance alongside rising Bitcoin dominance. All eyes have been on Bitcoin price in recent weeks as the world’s biggest cryptocurrency rallied by more than 60% in a matter of weeks. However, the focus may soon shift to Ethereum’s Ether (ETH) as it approaches the final…
Read more

Why a 30% Bitcoin price crash should not catch you off guard right now

The price of Bitcoin is facing the last major barrier at $16,000 before a potential run to new all-time highs, but a 30% correction is also on the table. The Bitcoin price rally halted the moment Joe Biden was announced as the projected winner of the 2020 United States presidential election during the weekend, with…
Read more

Bitcoin price gets closer to the last big hurdle before $20,000

The price of Bitcoin may see a correction in the short term as one last barrier remains before new all-time highs. While the United States’ election is still undecided, Bitcoin (BTC) is experiencing a major rally, as BTC price nearly reached $16,000 today, the highest level since January 2018. Other asset classes have also been…
Read more

Bitcoin price: Why $14K looks eerily similar to $700 during the 2016 election

Both the 2016 and 2020 U.S. elections have seen little volatility in the price of Bitcoin, but the major multi-year resistance at $14K may finally break if history repeats itself. While most investors and traders anticipated massive volatility to occur through the election hours, little has happened. Bitcoin’s price is still relatively stable and hovering…
Read more

Up or down? These Bitcoin price levels hint at the next move from $13K

Bitcoin price action has turned sideways amid fears of potential Coronavirus lockdowns across Europe establishing some clearly-defined support and resistance levels around $13K. Bitcoin (BTC) price has had a tremendous month as the price rallied from $10,500 to $13,800. However, in recent days, momentum is slowing amid rising coronavirus fears. Bitcoin’s price dropped from $13,800…
Read more

Bitcoin breaking through $12K is huge but don’t expect higher prices before 2021

Bitcoin price may now see sideways action for a few months after breaking through crucial multi-year resistance at $12,000. The previous week has been tremendous for Bitcoin (BTC) investors as price broke the crucial barrier of $12,000, culminating in a surge from $11,300 to $13,300, a rally of $2,000 within a week. A new yearly…
Read more