Bitcoin’s Path To $100,000 Faces Stiff Resistance At $98,000 — Analyst
The Bitcoin (BTC) market took a positive turn in the past week rising by 1.10% according to data from CoinMarketCap. While there are still expectations of a further price correction, the effects of macroeconomic developments as seen with recent statements from US President Donald Trump cast more uncertainty over the premier cryptocurrency’s future trajectory. Related […]
Related News
Moein Haddadian, a TradingView crypto analyst, has unveiled a new Dogecoin price prediction, suggesting that a breakout is on the horizon. The analyst highlights key resistance levels that must be cleared before the popular meme coin experiences a price recovery above the $0.3 threshold. Dogecoin Price Faces Resistance On Path To Recovery Dogecoin has been […]
A crypto analyst has disclosed that the Bitcoin price has reached a critical trigger point that could ignite a massive rally. If the cryptocurrency manages to hold above this key threshold, the chances of setting a new all-time high become increasingly likely. Bitcoin Price Faces Resistance On Path To New ATH On March 25, a […]
Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to illustrate his point. For example, McDonaugh argues that the recent surge in the price of bitcoin (BTC) is actually part of a sustained rally since the ‘Covid capitulation’ event back in March. “Since then we’ve seen nothing but bullish signals appear one after another,” McDonaugh said, in thoughts shared with news.Bitcoin.com “We’ve seen four....
Crypto analyst Ben Gray has asserted that the Ethereum price is bullish and revealed the price range that the leading altcoin is targeting. However, ETH is set to face major resistance at $2,100, a level which it needs to break out from as it targets new highs. Ethereum Price Faces Major Resistance At $2,100 In a TradingView post, Ben Gray revealed that the Ethereum price is facing a key resistance level at $2,160 even as it eyes a rally to new highs. Despite this development, the analyst asserted that ETH’s market is bullish. While noting that the leading altcoin is fluctuating between....
Bitcoin price started a downside correction below the $96,500 zone. BTC is now trading below $95,000 and struggling to start a fresh increase. Bitcoin started a fresh decline below the $95,500 zone. The price is trading below $95,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $94,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $95,750 zone. Bitcoin Price Faces Resistance Bitcoin price started a downside correction below the $97,200 support zone. BTC....