Despite the slight recovery seen over the past few days, analysts still fear that Bitcoin is on a trajectory that will see its price correct even further than it already has. In fact, Related Reading: Crypto Tidbits: India Makes Watershed Ruling On Bitcoin, Elon Musk Bumps Dogecoin, Ethereum Founder Supports …
Read More »Bitcoin Bullish Reversal Held Off As Bulls Fail To Defeat $9k Resistance
Bitcoin is slowly gaining bullish momentum above $8,800 against the US Dollar. BTC price must settle above the $9,000 barrier to start a convincing rally towards $9,500. Bitcoin is showing positive signs above the $8,800 resistance area against the US Dollar. The price remains well supported on dips near the …
Read More »Litecoin Prints Array of Buying Signals, and That’s Massively Bullish for Crypto
Despite the brutal retracement the cryptocurrency market saw this week, a top analyst is getting bullish on Litecoin, citing an array of technical factors. While this may not seem relevant to many readers, as many of you may not trade or own the altcoin, LTC’s directionality could have a strong …
Read More »Fresh 2020 Highs Inbound: XRP Paints Highly Bullish Technical Pattern
This past week XRP saw an incredibly bearish retrace after struggling to maintain its position within the lower-$0.30 region, with its drop from its 2020 highs of $0.34 leading the crypto to plummet all the way to lows of $0.28 before finding any notable support. Now, however, the recent bullishness …
Read More »Bitcoin Highly Bullish Despite Selloff; Here’s What Could Propel it to $11,000
Bitcoin corrected lower sharply from the $10,500 resistance against the US Dollar. However, BTC is still above the key $9,800 support and it could soon rally again. After trading to a new 2020 high, bitcoin price corrected lower from $10,507 against the US Dollar. The price declined below the $10,200 …
Read More »Analyst Who Called Bitcoin’s $6,400 Bottom: Price Still on Bullish Trajectory
At long last, after weeks upon weeks of increasing prices, Bitcoin saw a strong correction on Saturday. Per previous reports from NewsBTC, Saturday morning saw the price of the leading cryptocurrency tank from $10,400 to a low of $9,700 (on some exchanges), a drop of nearly 7% in a few …
Read More »Cardano (ADA)’s Extreme Bullish Sentiment is Exaggerated, Because of This Factor
Since the start of 2020, the price of Cardano has been on the up and up. And the past few days have seen extreme bullish sentiment off the back of a tie-up with PwC. However, given the scandals that continually beset the “big four” firms, now is a time for …
Read More »Bitcoin Highly Bullish Despite Selloff; Here’s What Could Propel it to $10,000
Bitcoin and the aggregated crypto markets have incurred immense volatility over the past several days and weeks, which has come about as Bitcoin’s bulls and bears have engaged in an intense battle that has, over the past 24-hours, favored BTC’s bears. Yesterday evening the crypto rallied to highs of $9,200 …
Read More »Why Analysts Are Bullish After Bitcoin Just Rallied to $8,300
Over the past few hours, Bitcoin (BTC) has started to show signs of a bullish trend. As of the time of writing this, the leading cryptocurrency has reached $8,290 — the highest price the BTC has traded at since the local top at $8,450 put in on January the 7th …
Read More »$8,900: Bitcoin Eyes Major Rebound as Bullish Confluence Grows
Bitcoin (BTC) has been caught within the throes of volatility over the past several days and weeks, with this turbulent price action leading the cryptocurrency to surge as high as $8,300 yesterday before incurring a significant amount of selling pressure that briefly pushed it below its key support at $8,000. …
Read More »