The bullish outlook for bitcoin improved exceptionally in the second quarter of 2019 as the cryptocurrency surged by more than 165 percent. But according to a crucial technical indicator, a sharp reversal is underway. Prominent market analyst Josh Rager spotted Shooting Star — a candlestick pattern in which an open, low, and close, Read more…
Crypto Market Could Rally Further: Bitcoin Cash, BNB, EOS, TRX Price Analysis The total crypto market cap gained momentum and climbed towards the $288.0B level. Bitcoin price surged more than 5% and it recently traded towards the $9,750 level. EOS price is likely to gain momentum once it settles above Read more…
Bitcoin Price Buy Weekly Forecast: Bulls Facing Uphill Task The recent recovery in bitcoin price faced a strong resistance near the $8,140 level against the US Dollar. The price is currently facing a strong resistance and it is likely to struggle near $8,000. There is a major bearish trend line Read more…
Bitcoin Trading: If Bitcoin (BTC) Breaks Below $7,500, a 10% Drop Would Be in Play After days of inaction, Bitcoin (BTC) bears have finally shown their hand. In the past 24 hours, the leading cryptocurrency has lost around 3%, falling from a multi-day high of around $7,950 to $7,650 as of the Read more…
Bitcoin Price Analysis: Cryptocurrency analysts have renewed their price forecasts following bitcoin’s recent crash, with some prominent figures predicting it will still hit record highs before the end of the year. Bitcoin’s record-breaking price gains over the last month came crashing to an end at the start of June, as more than $1,000 was Read more…
Bitcoin (BTC) Price At Risk Of Additional Weakness: $8,000 Holds Key Bitcoin (BTC) price started a major downward move below the $8,200 and $8,000 supports against the US Dollar. The price even broke the key $7,600 support level and it is currently recovering higher. There are two major bearish trend Read more…
Multiple Scenarios For Bitcoin Price; Where Will BTC Prices Go Next? BTC Prices action is not linear so any movements in either direction will come in stages. Bitcoin’s two day slide of over a thousand dollars may not be over yet, but at the moment BTC appears to be taking Read more…
Ethereum (ETH) Price Turns Short Term Bearish: Sell Rallies? ETH price started a steady decline and broke the $252 support area against the US Dollar. The price traded towards the $230 level and formed a new swing low at $233. There is a major bearish trend line forming with resistance Read more…
Bitcoin (BTC) and the aggregated crypto markets are currently experiencing a bout of major volatility that appears to have put the upwards momentum that they have incurred over the past several weeks in grave danger. Despite this, one analyst is quick to note that Bitcoin is still holding above the Read more…
Litecoin’s Price (LTC) slide 4.9 percent Halving talk dominates, demand expected to increase Like Bitcoin (BTC), Litecoin’s price is peaking, dropping 11.4 percent from last week’s close. That’s despite the impending block reward reduction, set to activate in early August, and other inbound positive fundamental factors. All in all, any Read more…