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
Bitcoin The correction from $13,200 to $9,850 shook the market slightly and it also raised the fear index. Support in this range was found near $10,000. The short squeeze effect has led to a bounce in the past 24 hours
After Bitcoin’s meteoric rise, a small, healthy correction gave way to a continued rally in the Bitcoin market which is already painted green again. It is important to note that Bitcoin’s fundamentals haven’t changed much, and it seems that the price has
Bitcoin The RSI is down and the price is rising, which is a further indication of the rally in 2019. After seeing support around $10,000, the price continued to climb with slight resistance and support around $11,000. In this range,