The next move for Bitcoin can see multi-month highs or a return to $6,400, a Cointelegraph contributor warns as $8,000 support disappears. Bitcoin (BTC) fell below $8,000 overnight on Jan. 8, ending a brief period of bullish action that saw the price hit its highest since November 2019. Cryptocurrency market daily overview. Source: Coin360 BTC…
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Profit booking seen at higher levels. However, if the major cryptocurrencies can bounce off their strong support levels, it will indicate strength. The crypto markets continue to respond to the events happening in the United States-Iran conflict. Any sign of escalating tensions is boosting the crypto markets higher. Google Trends shows that the searches for…
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Bitcoin price retraced gains from earlier this week as President Trump announced that no further military action will be taken against Iran for the time being. Over the last few hours, the price of Bitcoin (BTC) began to falter at $8,300 and dropped all the way to the support at $8,000 as United States President…
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An overnight push to nearly $8K means Bitcoin is adhering to the bullish comeback features pioneered in the Wyckoff Method, suggests a prominent analyst. Bitcoin (BTC) may have just signaled its return to a bull market, according to fresh analysis using a century-old price prediction method. In a tweet on Jan. 7, ex-Goldman Sachs analyst…
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Bitcoin price galloped past the $8.3K resistance and above the long term descending channel in a move many say is fueled by escalating tensions between the U.S. and Iran. On Tuesday Bitcoin price (BTC) continued the rally of the previous day by retaking $8,000 then pushing above the 200-day moving average for the first time…
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An about-turn in mining difficulty for Litecoin could foretell a bull run for Bitcoin price as well, the statistician says, as markets continue pushing $8,000. Bitcoin (BTC) could have its bull market induced by Litecoin (LTC) as the latter enters a bullish renaissance, noted statistician Willy Woo has forecast. In a series of tweets on…
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As Bitcoin price climbs, several key indicators suggest that altcoins may have bottomed as many appear in the process of staging trend reversals. Bitcoin (BTC) made a sudden jump of 9% in the past 24 hours. However, altcoin cryptocurrencies have been showing strength recently as well. Recent surges from large caps have been in the…
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Bitcoin price rallied 5.5% to cross above the $7.6K resistance, briefly gaining above $8K and leading traders to call for a trend reversal. On Monday during the U.S. evening trading session, Bitcoin (BTC) price continued its rally from $7,358 and at the time of writing the price pushed as high as $8,000. For the past…
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Having dropped to below CME Futures’ latest weekly close, Bitcoin rose back to challenge $7,600, but analysts think progress will stall. Bitcoin (BTC) trudged closer to $7,600 on Jan. 6 after an overnight dip failed to trigger a sustained sell-off. Cryptocurrency market daily overview. Source: Coin360 BTC range suggests few surprises Data from Coin360 and…
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In an interview with CNN, Bradley Garlinghouse added further confusion to Ripple’s policy on XRP, which it has sold en masse for years. The CEO of blockchain payment network Ripple says the company does not want to “dump” its associated XRP cryptocurrency despite selling huge amounts of it. In an interview with CNN on Jan.…
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