Bitcoin price spiked above the $56,000 resistance against the US Dollar, but it failed to continue higher. BTC is could correct lower, but the 100 hourly SMA is likely to provide support….
Author: Ericka Turcotte
I have worked in the financial sector for over 10 years and have a keen interest in cryptocurrency. I have been writing about crypto for the past two years and have become one of the most respected authors in the space. I have a deep understanding of how this new asset class works and am able to provide insights that are both interesting and useful to my readers.
Bitcoin Price Gains Traction, Here’s How BTC Could Revisit $60K
Bitcoin price gained pace and it cleared the $55,000 resistance zone against the US Dollar. BTC is showing positive signs and it is likely to accelerate higher above $56,500. Bitcoin started a…
Bitcoin Stuck in Range, Here’s What Could Trigger More Losses
Bitcoin price is trading in a range below the $57,500 resistance against the US Dollar. BTC is likely to start a major decline if there is a clear break below the $53,500…
Bitcoin Loses Important Lifeline That Got Bulls Blood Pumping
Bitcoin price is back below $55,000, unable to keep its bullish momentum it had leading into the Coinbase Global listing. Since then, things have turned down. The fall back below $60,000 has…
Cloudy With A Chance Of Downside
Bitcoin price is back above $55,000 in a lighting fast recovery from below the key level of $50,000. Although the rebound thus far appears as if it is a gift from the…
Bulls In Trouble As $50,000 Is Lost
Bitcoin price has been in free fall mode, plummeting sharply from $65,000 to now under $50,000 for the first time since March. Bitcoin Price Falls Under $50,000 Briefly Bulls at the moment…
Bitcoin Dives Below Key Support, Here’s Why BTC Bears Are Back
Bitcoin price failed to stay above the $54,000 support against the US Dollar. BTC is declining and it is likely to accelerate losses below the $50,000 support zone. Bitcoin is declining from…
Key Fundamental Data Suggests Bitcoin May Defy Bears
Last weekend, the Bitcoin price fell below the psychologically significant support level of $50,000. Furthermore, the 50 day moving average was breached to the downside and some popular technical indicators – such…
Cycle Climax Or Risky Reset?
Bitcoin price is now below $50,000 for the first time in a month, and despite the still-high prices the market is in a panic. There’s now widespread fear that the current market…
Bitcoin Price Consolidates Near $50K, Why BTC Bulls Could Fail Near $52.5K
Bitcoin price extended its decline below the $50,000 support against the US Dollar. BTC is now consolidating losses and it remains at a risk of more downside below $48,000. Bitcoin declined heavily…
