Tag: bitcoin price prediction

Bitcoin price remarkably ascended from levels under $30,000 but stalled slightly above $32,000. A falling wedge pattern adds credence to the bullish outlook, but key resistance stands in the way of recovery. Elon Musk’s founded Space Company, SpaceX owns Bitcoin. Bitcoin price bulls displayed the strength of their muscles on Wednesday, pulling up from areas The post Bitcoin Price Prediction: BTC Strong Technicals...

Bitcoin price loses support at $32,000 and losses under $30,000 beckon. The bearish call is short-term but could intensify amid investors panicking. Bitcoin price seems to have accepted that recovery is not possible at this momentum in time. Despite holding above $32,000 last week, this support has been overwhelmed amid the ongoing mid-week trading session. The post Bitcoin Price Prediction: BTC Could Soon...

Bitcoin price settles above...

Bitcoin price pulls the entire market down as support at $33,000 is tested. BTC’s short-term technical indicators flash sell signal as losses gain momentum. Bitcoin price seems to have abandoned the uptrend toward $40,000 due to the resistance at $35,000. Over the last two weeks, BTC’s price action within the confines of an ascending parallel The post Bitcoin Price Prediction: BTC Uptrend Shatters...

Bitcoin price struggles to...

If you follow Bitcoin prices, you most definitely know the overall sentiment of the entire cryptocurrency market. Bitcoin is still a strong influencer over most cryptos and determines the direction of the market. In fact, its dominance is currently around 45%,...

Bitcoin bulls have had a challenging time this week, trying to sustain the price above $40,000. Unfortunately, the upswing from the primary support at $31,000 hit a massive barrier at $41,300, sabotaging the uptrend. Sellers...

The crypto rollercoaster is back, especially that Bitcoin prices reached USD 40,000 and breached it slightly higher. Crypto traders were waiting for this specific price action. In fact, those guys are swing trading BTC prices between 30K and 40K and making good...

Bitcoin has gradually but consistently lifted from $31,000 to levels near $40,000. However,...

Bitcoin made its way from the week’s support at $31,000. The...

Bitcoin price has lifted off the week’s primary...

For many, it seems as if the fall of Bitcoin is neverending. In fact, prices have been on the decline ever since Bitcoin managed to reach its all-time high prices of USD 64,800. This crypto market crash not only affected Bitcoin, but it affected the entire crypto...

Bitcoin market finally exited the indecision status quo as bears took over amid the Asian session on Tuesday. The largest cryptocurrency had balanced around $36,000 in the wake of last week’s freefall from $39,000. Its upside had...

This week, Bitcoin price staged another recovery mission, extending the gains from support at $33,000 to highs around $39,000. Investors anticipated a break above $40,000,...

Bitcoin is relatively in a no-trade zone at the time of writing. The sideways trading has seen the cryptocurrency dance around $37,000 for several days. Price actions toward $40,000 have diminished, while the immediate support at...

Bitcoin recently tested support at $33,500 following another rejection from $40,000. The largest...

Bitcoin price reacts to a multitude of factors, ranging from the wide market sentiment to the broader financial conditions, prevalent at the time. However, it seems to have found a new factor - that of the billionaire business magnate Elon Musk. A tweet made by him on May 24 caused BTC to rise 12.5% from intraday low of $35,000 to reach upwards...

The instability in the cryptocurrency market last week continued throughout the weekend. A brief break above $50,000 was unsustainable, leading to another breakdown. Moreover, support at $46,000 did little to stop the massive losses;...

The past crypto market crash was a harsh one, especially for Bitcoin. After breaching the 60K mark, many independent events led to...

Bitcoin has recently closed the gap toward $60,000. However, a monthly high formed at $59,612 cut short the bullish advances. Perhaps due to exhaustion in the bullish camp, a correction came to the picture. The retreat occurred in...