Cryptocurrency news keep coming hot for yet another week of interesting events as the altcoin market is seemingly waking up. However, the market is in no hurry to buy the news and it doesn’t appear that we will see another
Bitcoin We saw an attempt to break through the $11,000 resistance but it failed and we came back to test the support at around $10,200. The entire market anticipates the convergence of the triangle and we also account for a
This week was calm in terms of trading until Bitcoin skyrocketed and boosted overall market confidence along with the price. One of the reasons for the increase is probably the Bakkt trading platform which will launch in the coming days.
Amid the global trade war, Bitcoin’s price has remained relatively stable. However, as we’ve learned, stability in the cryptocurrency market doesn’t last long. According to Google Trends, interest in Bitcoin has been declining since 2017. Looking at data from recent months,
Bitcoin The support around $9,700 was being tested over the past week. The action is slightly fragile and the attempts to break up have encountered resistance around the 50MA. If the support breaks, we may see a test of $9,200
The volatility characterizing current market conditions, as well as Bitcoin’s relative stability in recent weeks, can definitely be deceiving. Bitcoin is currently trading above $10,000 and rumors of institutional capital on the way are attracting the attention of many investors,
Bitcoin Bitcoin is again falling below the trend line, for the third time since the beginning of this parabolic trend in April. Meanwhile, the price continues to be rather volatile and the chart seems to be waiting in the coming
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