After a particularly tumultuous and volatile few months, this week we saw Bitcoin markets stabilize slightly as their trading volume dipped. The SEC rejected yet another pile of Bitcoin ETF requests. Regardless of the small price drop, Bitcoin seems to
Bitcoin Bitcoin tested the resistance at $12,000 several times in the past week but the attempts failed and the price returned to test the range at around $11,100. It’s a critical point in this range that support is built over
Bitcoin is in the green again, marking sharp increases over the past week. The Libra effect has certainly affected the market and the industry as more people are getting exposed to Bitcoin and blockchain technology. This is especially true after Congress
Bitcoin The $10,800 resistance was breached easily. We saw a sharp rise in the last few hours which lifted the price to $12,325 and the current resistance. If the rally continues, the next resistance is at $13,200. Support in this
Bitcoin’s uptrend, which started in the second quarter of 2019, has slowed somewhat. All things considered, this is a healthy technical correction after a significant price increase. Indeed, there are many analysts who hold that later this year, another bull
Bitcoin As the correction continues, resistance in this range is $10,000 while support is $9,100. If the support around $8,800 breaks, we’ll be in the region from which Bitcoin climbed during the last run. It’s important to note that the
Crypto traders are in a panic today after a radical bearish movement sent the price of Bitcoin down by over $700 within less than ten minutes, pushing the price down from above the $10,100 region to below $9,400. Spectators have
Following a few turbulent months, the cryptocurrency market has slowed. However, Bitcoin’s volatility has done no favors for investors’ peace of mind. We don’t currently see new money entering the market, and many investors are sitting on the sidelines. At
Bitcoin The pattern we saw when Bitcoin jumped from $5,000 to $9,000 is currently repeating itself with great volatility and a more significant correction. The support at $10,000 is fragile and has been tested in the past week. If this
This week, the cryptocurrency market was painted in red. After the celebration of the gains made in recent weeks, we saw a correction which cooled the market slightly. However, this is not a crash but rather a healthy correction which