Tag: Ethereum Price

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Bitcoin Price Retests $7.3K as Analyst Eyes New Bullish Futures ‘Gap’

A vacuum between futures’ weekly closing price and current BTC/USD levels could take Bitcoin as much as $600 higher next week, an analyst suggests. Bitcoin (BTC) fell back towards support at the $7,250-$7,300 level on Dec. 1 after its latest sudden uptick began to fizzle overnight.  Cryptocurrency market daily overview. Source: Coin360 Futures gap incoming…
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Bitcoin Price Retains $7.5K After Bullish Breakout Upends Bear Market

Having traded as low as $6,500 in recent days, Bitcoin delivered a conspicuous blow to bears, retaining higher levels after climbing $700 in hours. Bitcoin (BTC) stayed around $7,500 on Nov. 27 after a surprise bullish reversal took markets $700 higher the previous day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin clings to surprise gains…
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Bitcoin Dives Below $7K as Upbit Confirms $50M ‘Abnormal Withdrawal’

News that South Korean exchange Upbit had lost control of 342,000 ETH appeared to send shockwaves through Bitcoin markets, which lost $7,000 support. Bitcoin (BTC) fell below $7,000 once again on Nov. 27 as fresh selling pressure suddenly impacted already fragile markets. Cryptocurrency market daily overview. Source: Coin360 Likely exchange hack rocks BTC price Data…
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Willy Woo: $8K Bearish Bitcoin Price in ‘Unique Setup’ Before Halving

The run-up to the May 2020 block reward halving will look nothing like the last two, says Willy Woo, as bearish sentiment characterizes markets. Bitcoin (BTC) barely managed to maintain $8,000 support on Nov. 19 as analysts warn the outlook for markets is increasingly bearish.  Cryptocurrency market daily overview. Source: Coin360 Bitcoin sheds 3.7% overnight…
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Crypto Markets Continue to Drop, Bitcoin Briefly Slips Below $8,200

Wave of red on crypto markets grows, bringing more losses among the top 20 coins and exposing Bitcoin to the new potential drop. After another sell-off earlier today, crypto markets have continued to fall, with Bitcoin (BTC) briefly dropping below the $8,200 threshold. At the time of writing, 19 out of the top 20 coins…
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Ether (ETH) Looks to Break Nearly 2-Year Bear Market Against Bitcoin

Despite the pullback to $177, Ether’s USD and BTC pairs continue to flash bullish signals hinting at a potential run-up to the 200 DMA. This past week, Bitcoin (BTC) price had many investors biting their nails as the top crypto asset turned bearish and is currently fighting to stay above crucial support at $8,300.  Meanwhile,…
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Bitcoin Price Returns to $8.7K as Resistance Becomes New Bull Support

A break above $9,000 late on Sunday failed to hold, but analysts remain buoyant about the state of the market over the past month. Bitcoin (BTC) fell below $8,700 on Nov. 11 after a fresh downturn once again ended its stay above the $9,000 mark.  Cryptocurrency market daily overview. Source: Coin360 Bitcoin tests high $8Ks…
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Bitcoin Price Gains Above $9.1K as Ether Looks to Rally to $285

This week Bitcoin is expected to continue consolidating even as the weekly MACD is on the verge of a bull cross. Meanwhile, key indicators suggest that Ether price could explode higher. To a new investor entering the crypto-space sights like today’s 3.5% pump to $9,141 is enough to make you giddy with excitement about the…
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Bitcoin Drops $300, Daily Losses Among Altcoins Reach 10%

After dipping below the $9,000 threshold, Bitcoin continued to see downward trend, down 5.6% over the day at press time. Falling below $9,000, Bitcoin (BTC) has seen another dip today and its price dropped over $200 in an hour. Alongside Bitcoin, the top 20 cryptocurrencies by market capitalization are seeing major losses of nearly 10%…
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Ether and Bitcoin Price Look for Direction After Last Week’s 42% Rally

Indicators show Ethereum’s price is neutral and awaiting the result of Bitcoin’s weekly close. Over the past few weeks, Ether (ETH) has tracked Bitcoin’s (BTC) price action and observant traders have deftly played reversals off double bottoms and back to back bounces at the $162 and $153 support. A comparison of the daily and weekly…
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