Bitcoin Price Key HighlightsBitcoin price looks tired from its selloff as it starts to show bullish moves.Applying the Fibonacci extension tool on this potential bounce shows the next upside targets.Technical indicators are still suggesting that sellers have the upper hand.Bitcoin price seems to be done with its correction and...
May 20: Crypto markets saw some growth over the past 24 hours, with all of the top ten cryptocurrencies listed on Coinmarketcap currently in the green and total market capitalization approaching $392 bln. Market visualization from Coin360 Bitcoin (BTC) is up around 3 percent in 24 hours to press time, currently...
Blockchain Week New York City aka Consensus 2018 was highly anticipated within the cryptocurrency ecosystem with many analysts expecting the event to trigger a new bullish momentum for Bitcoin and altcoins. The market, however, managed to lose $52 billion during the week of the conference.Consensus 2018 Turned Out to...
Co-founder and head of research at Fundstrat Global Advisors, Thomas Lee has admitted that his prediction of a Bitcoin rally after the Consensus conference was wrong. Lee has claimed that the crypto market still “faces significant internal resistance and hurdles within traditional financial institutions,” Bloomberg reports May 18 Having accurately...
Key PointsBitcoin price stayed above the $8,000 support level and recovered against the US Dollar.There is a monster bearish trend line forming with resistance at $8,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The pair has to move above the trend line and settle above...
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Despite the expectations, Bitcoin...
Key PointsBitcoin price declined and broke a key support level at $8,200 against the US Dollar.There was a break below a triangle pattern with support at $8,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair may correct a few points in the short term,...
 Bitcoin Price Key HighlightsBitcoin price is still on the move down and is testing the first Fib extension level.Stronger selling pressure could take it lower to the next downside targets also shown by the Fib extension toolTechnical indicators are suggesting that bears could stay in control of bitcoin price...
Key PointsBitcoin price found support above $8,000 and recovered nicely against the US Dollar.There is a breakout pattern forming with resistance near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair has to move above the $8,500 resistance the 100 hourly simple moving average...
Bitcoin Price Key HighlightsBitcoin price could pause from its drop as a double bottom formation can be seen on the 1-hour chart.Price has quite a way to go before testing the neckline at $8,800.An upside break could lead to an uptrend of the same height as the double bottom...