Tag: btc price

Dec 06 2021

Bitcoin Price Prediction: BTC Price Recovery In Effect As Bulls Eye $53,600

Bitcoin price is trading in around $48,658 with a bullish bias as the crypto market is set to recover following the November 03 flash crash. The big crypto is currently consolidating above the $48,000 crucial level. The uptick that started on Saturday November 04 has pushed BTC from lows of around $43,497 on Saturday to The post Bitcoin Price Prediction: BTC Price Recovery...

Dec 03 2021

Bitcoin Price Analysis: Which Way For BTC As It Consolidates Above $56,500?

Bitcoin (BTC) is trading above $56,000 with a bullish bias amid decreasing price volatility as market participants wait to see the direction the big crypto is likely to take before the year ends. If Bitcoin price moves up, it is likely to confirm the Santa Claus rally thesis that some analysts believe will taken BTC The post Bitcoin Price Analysis: Which Way For...

Nov 30 2021

Bitcoin Price Analysis: BTC Trades Above $57K As MicroStrategy Extends The Adoption Curve

Bitcoin (BTC) price leaped by approximately $4,756 on November 29 rising to brush shoulders with $59,000 for the fist time since losing this support last week. The uptick was triggered by the disclosure by MicroStrategy that they had added more BTC to their reserves. Although Bitcoin price analysis reveals that it has since recoiled towards The post Bitcoin Price Analysis: BTC Trades Above...

Nov 29 2021

Bitcoin Price Analysis: BTC Displays A Classic Rebound Off 54K As Corona Virus Uncertainty Lingers

Bitcoin is currently trading above $57,000 rekindling hopes that BTC might get to new record highs before year-end. Regaining last week’s losses triggered by the new Omicron Coronavirus variant and fears around regulations in India, Bitcoin price crossed above the $58,000...

Nov 26 2021

Bitcoin Price Analysis: BTC On Sale At $54,000 On Black Friday

Black Friday delivers a rare buying opportunity right on cue for Bitcoin investors, with black Friday living up to its name in the cryptocurrency market this year. Bitcoin is down 20.88% from its November 10 all-time high above $69,000. Bitcoin price dropped as low as $53, 706, the lowest in six weeks. Today’s crash was The post Bitcoin Price Analysis: BTC On Sale...

Nov 24 2021

Bitcoin Price is CONSOLIDATING! Day Trading Heaven?

The cryptocurrency market saw a huge decline in prices recently. Bitcoin prices fell by more than 15% in the past 2 weeks. The overall cryptocurrency market saw a similar drop in its market cap. This is expected as Bitcoin still has a significant dominance of around 40%. Today, BTC prices are consolidating between two...

Bitcoin Price Prediction: BTC Double Bottom Pattern Aims for A 7% Rise To $60K

Bitcoin price is exchanging hands 2.24% higher than Tuesday’s intra-day low around $55,310. The BTC have been focused on undoing losses that gripped the entire market last week. But the attempts were curtailed by the $60,000 psychological level on November 21. This has seen the BTC price drop again towards the $55,300 support wall creating The post Bitcoin Price Prediction: BTC Double Bottom...

Nov 22 2021

Bitcoin Price Prediction: BTC Is Still Vulnerable To Further Losses If The $56 Support Doesn’t Hold

Bitcoin price momentarily reclaimed $60,000 but corrected immediately to re- test the $56,000 level. El Salvador plans to launch a Bitcoin city as it take Bitcoin adoption to the next level. Bitcoin price has made little progress over the weekend as bulls attempted to recover last week’s losses without success. The big crypto retested the $56,000 The post Bitcoin Price Prediction: BTC Is Still...

Nov 17 2021

Bitcoin Price Analysis: BTC Drops 13% To Retest the $58,000 Support Floor

Bitcoin price retests the $58,000 support level as it struggles to reclaim the $60,000 crucial support wall. BTC has lost almost $10,000 from its all-time high above $69,000. Overcoming the 200 SMA above $62,000 could see Bitcoin restart the upswing. Bitcoin price extends Tuesday’s price correction as it retests crucial support levels. Bitcoin has dropped The post Bitcoin Price Analysis: BTC Drops 13%...

Nov 16 2021

Rise of Bitcoin (BTC) Mining in Texas Raises Power Grid Concerns

After China's Bitcoin (BTC) mining ban in May this year, the US became the biggest Bitcoin mining hub in the world. Most of the large Bitcoin mining farms in China either shut down completely or relocated to the US, Kazakhstan, and Russia to continue their mining operations. The US has seen the largest influx of The post Rise of Bitcoin (BTC) Mining in...

Bitcoin Price Analysis: BTC Down 11% To $60K But It Is Not Out

11% daily Bitcoin price losses are painful for ‘holders’ but no there is no need to panic as recent price action show that BTC is still bullish. At the time of writing, Bitcoin price is trading at $60,882 approximately 11% down on the day with a market cap of $1.146 trillion also dropped 8% over The post Bitcoin Price Analysis: BTC Down 11%...

Nov 15 2021

Bitcoin Price Prediction: Taproot Upgrade To Propell BTC To $69,600 This Week

Bitcoin price is currently hovering around $65,524 with a bullish bias after successfully bounding off the $62,000 coincinding with the 50-day Simple Moving Average (SMA) support wall on November 13. The bullish momentum is set to continue as the developments around the Taproot soft fork upgrade come into focus. Taproot Upgrade To Fuel BTC’s Uptrend The post Bitcoin Price Prediction: Taproot Upgrade To...

Nov 12 2021

Nov 09 2021

Bitcoin Price Prediction: BTC’s Latest ATH At $68K Driven By Whale Accumulation

Bitcoin price lastest new all-time highs appears to have been triggered by a massive reduction in active supply over the last three months. BTC price outlook is bullish as bulls aim for areas above $83K. Bitcoin’s (BTC) latest run to new record highs appears to have been triggered by increased accumulation by large holders over The post Bitcoin Price Prediction: BTC’s Latest ATH...

Nov 08 2021

Bitcoin Price Analysis: BTC Rallies 5% To Reclaim The $65K Crucial Level

Bitcoin price has rallied 5.40% over the last 24 hours to trade above $65,000. Overcoming the overhead resistance zone between $64,324 to $66,834 is crucial to BTC rallying higher to new ATHs. Bitcoin price is currently trading at $65,375 after rising approximately 5.4% over the last 24 hours. Meanwhile, Bitcoin’s market dominance has dropped from The post Bitcoin Price Analysis: BTC Rallies 5%...

Nov 05 2021

Bitcoin Price Analysis: BTC Consolidates Above $62,000 As Price Volatility Decreases

Bitcoin price remains strong on technical data and fundamentals, but breaking above the rectangle at $64,000 is key to resuming the uptrend. Bitcoin bulls remain bullish as validated by figures from the crypto fear and greedy index. The index reveals that the fear and greedy index for the Bitcoin price is in then greed index The post Bitcoin Price Analysis: BTC Consolidates Above...

Nov 04 2021

Bitcoin Price Prediction: BTC’s Upswing Depends On This Crucial Support

Bitcoin price trades in the red on Thursday as bulls struggle to stay afloat. The support around $61,500 is crucial for BTC to resume the upswing. Bitcoin price opened the day on Thursday trading in the red tanking further below the October 20 downtrend line. BTC is currently trading at $61,519 in a third straight The post Bitcoin Price Prediction: BTC’s Upswing Depends...

Nov 01 2021

Bitcoin Price Analysis: BTC Closes Above $60K For The Third Week Running

Bitcoin price turned down over the weekend as Bitcoin closes above the $60 psychological level for the third week. BTC bulls have to defend the 200-day SMA at $$56, 813 to remain bullish. The bullish momentum slowed down for BTC bulls over the weekend as Bitcoin price turned down on the last day of ‘Uptober’. The post Bitcoin Price Analysis: BTC Closes Above...

Oct 18 2021

Oct 07 2021

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