As Bitcoin corrected on July 9, altcoin prices dropped but many are holding above their support levels, suggesting the uptrend will resume. Author: Cointelegraph By Rakesh Upadhyay Source link
Bitcoin and altcoins pushed higher today and many are showing signs of a possible trend reversal. Author: Cointelegraph By Rakesh Upadhyay Source link
Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term. Author: Cointelegraph By Rakesh Upadhyay Source link
After pushing as high as $9,300, Bitcoin bulls faced yet another strong sell-off on Thursday. The cryptocurrency slid from that local high to a low of ~$8,930 in a number of hours in a move that liquidated dozens of millions. Despite this drop, there remain multiple valid analyses indicating that Bitcoin is about to press higher. Related Reading: Crypto Tidbits: Bitcoin At $9k, Grayscale Ethereum Trust, Cryptocurrency & PayPal Bitcoin’s Current Range Is Similar to 2018’s Bottom Looking at Bitcoin’s recent price action, it’s easy to call it “boring.” Save…
Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips. Author: Cointelegraph By Rakesh Upadhyay Source link
Bitcoin’s price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins. Author: Cointelegraph By Rakesh Upadhyay Source link
Bitcoin price continues to lose momentum, signaling the possible start of a deeper correction below $8,200. Author: Cointelegraph By Rakesh Upadhyay Source link
Bitcoin is far from a full-blown bull market. Every attempt at rally upward has been smacked down by bears. The latest of which was the rally to $9,800 on Monday, which was followed by an $800 rejection and millions in liquidations. Yet a top cryptocurrency fund is still holding a bull bias. The company’s executives wrote in the report that they have a model suggesting Bitcoin could hit $100,000+ in 2021. Related Reading: DeFi Effect: Scaling Debate Begins as Ethereum Fees Reach Two-Year Highs Bitcoin Could Rally Over $100,000 In…
Bitcoin is flashing some bullish signals as volatility is expected to pick up over the next few days. Author: Cointelegraph By Rakesh Upadhyay Source link
Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand. Author: Cointelegraph By Rakesh Upadhyay Source link