The bearish crossover between Bitcoin’s 20-day and 200-day exponential moving averages hints at a drop toward the $40,000-$42,000 area. A technical sell signal is about to appear on the Bitcoin (BTC) daily chart. On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips…
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The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio. Avalanche (AVAX) strengthened its case for a potential upside run towards $160 in the coming sessions as it broke out of a classic bullish pattern earlier this week. Dubbed “bull flag,” the pattern emerges when the…
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The crypto derivatives market plays an important role in price discovery, but institutional investors are needed to add depth. The cryptocurrency market has been under a period of duress, with a majority of the tokens in the cryptoverse witnessing a price slump that has set in since the first week of December. The flagship cryptocurrency…
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Bitcoin price struggled to stay above the USD 47,500 level. BTC extended decline and traded below USD 47,000. It is currently (11:55 UTC) facing an increase in selling and there is a risk of a move towards USD 46,500. Similarly, most major altcoins are gaining bearish momentum. ETH traded below USD 3,920 and the next…
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Bitcoin price recovered above the USD 48,500 resistance level. However, BTC struggled to gain pace for a move above the USD 49,500 level. It is currently (04:30 UTC) trading below USD 47,900 and there is a risk of a move below USD 47,000. Similarly, most major altcoins are also moving lower. ETH failed to surpass…
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Bitcoin price was able to recover above the USD 48,500 resistance levels. BTC is currently (12:03 UTC) facing resistance near the USD 49,500 zone. A close above USD 50,000 could start a stronger increase in the near term. Similarly, most major altcoins are moving higher. ETH could extend gains if it clears the USD…
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Bitcoin price formed a base above the USD 47,200 zone. BTC started a steady recovery wave and climbed above the USD 48,500 zone on the news from the US Federal Reserve. BTC is currently (04:30 UTC) facing a strong resistance near the USD 49,500 zone as the bulls might aim for a break above USD…
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Bitcoin price is attempting a recovery wave above the USD 47,500 level. BTC even surpassed the USD 48,000 level. It is currently (11:30 UTC) consolidating, and it could rally if there is a clear move above the USD 48,500 level…. Read More: Bitcoin and Ethereum Consolidate, SOL and AVAX Rally Read more »Pay, Trade, Buy…
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Bitcoin price formed a base above the USD 46,000 zone. As a result, BTC started a steady recovery wave and climbed above the USD 47,500 zone. It is currently (04:19 UTC) facing strong resistance near the USD 48,500 zone. Similarly, most major altcoins are attempting an upside correction. ETH recovered above USD 3,800, but…
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Bitcoin price is facing resistance near USD 47,500. Ethereum must clear USD 3,880, XRP could revisit USD 0.750. DOGE rallied 20% in one hour and surpassed USD 0.20. Bitcoin price extended decline below the USD 48,500 and USD 47,000 levels. BTC even spiked below USD 46,000 and tested USD 45,800. It is currently (11:51 UTC)…
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