Bitcoin Trading Cautiously Approaching $300
Bitcoin trading has price straining to gain altitude. Advance is following an upward trajectory but the wave pattern is choppy - indecisive trade for the most part but with small surges that, at least, push to new highs. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 05h40 UTC. Bitstamp 1-Hour Chart. From the analysis pages of xbt.social, earlier today: Price is advancing with difficulty, but is slowly making progress along a cautious....
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Following three consecutive sessions of declines, BTC was fast approaching its support level of $40,000 on Friday, as markets prepared for February’s nonfarm payrolls report. This came as ETH also fell lower, and is approaching its own floor of $2,500 in the process. Bitcoin BTC bulls have been few and far between over the last few days, as the world’s largest cryptocurrency faced growing pressure from bears. This pressure came following Tuesday’s climb to the resistance level of $45,000, which then triggered an onslaught of short sellers, who entered the market. As....
Cindy Gallop is the founder of MakeLoveNotPorn, a site dedicated to establishing the difference between porn and “real world” sex, while further enabling people to share and profit from their own lovemaking videos. It’s been the “profit” part that has her considering Bitcoin. Gallop finds that necessities like VC funding, bank accounts and video streaming platforms usually read “no adult content” in the small print. As many business owners do, Gallop is cautiously and slowly approaching the Bitcoin space. We thought we’d reach out to her and give her a warm crypto welcome. “The top-down....
Litecoin has tumbled roughly 5 percent as Bitcoin went weak and has neared the downward sloping support. In the previous Litecoin price technical analysis titled Breaks Out, Buy Near Support, I mentioned that any pressure on Bitcoin will get reflected in Litecoin as well. It was also stated that the support of $3.820 should prevent immediate losses. As can be seen, the cryptocurrency touched an intraday low of $3.820 before retracing. Technical analysis of the daily LTC-USD price chart and the action in the Bitcoin market compel me to be only cautiously optimistic on Litecoin. Litecoin....
Bitcoin price is currently trading in a range against the US Dollar, and it looks like the BTC/USD pair is approaching a crucial break ahead. Key Points. Bitcoin price after trading from $758 to $665 started a recovery and moved back above $700. There is a contracting triangle pattern formed on the hourly chart (data feed from SimpleFX) of BTC/USD, calling for a break. The price is currently trading above a crucial support area, which once broken may open the doors for more upsides. Bitcoin Price Range. There was a minor correction pattern in Bitcoin price during the past 2-3 days against....
Ethereum price is struggling to trade higher, and approaching a short-term breakout. Can sellers succeed or the bulls will overcome selling pressure? Ethereum price after failing to break the $12.12 level against the US Dollar moved down, and showed a lot of bearish signs lately. The price closed below the 100 hourly simple moving average as well, which suggests that the bulls are struggling to take the price higher. There is a contracting triangle pattern forming on the hourly chart (data feed via Kraken) of ETH/USD, which may be seen as a catalyst for the next move. The highlighted....