Bitcoin Price Is Preparing for a Monster-Sized Move
The bitcoin price is hovering around $573 at press time. That’s a two-dollar drop since our previous price piece. Not much has happened, and bitcoin is still residing in its current hovel. Preparing for a Major Bitcoin Price Rally. In our previous article, the notion of bitcoin’s slumping ways coming to an end was introduced. Sentiment across the board was that bitcoin’s sudden decline in price was on the verge of ceasing, and a sudden pull towards $600 was again a possibility. While the move hasn’t been made just yet, we must remember that large changes like this necessitate time, and....
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Litecoin has been among the worst performers in the crypto market in 2020 and 2021 thus far, despite the coin’s longevity in the top ten assets by market cap. The coin’s fortunes could soon turn completely around, due to what looks to be a monster-sized move brewing against Bitcoin on the altcoin trading pair. Here’s […]
Ethereum price is trading near a major confluence resistance area of $15.00. Let us see how we can trade ETH/USD in the current situation. Key Highlights. Ethereum price stayed elevated against the US Dollar, but I think one should trade carefully moving ahead. There is a monster resistance area formed near $15.00, which acted as a barrier on many occasions. There is likely a Triple top pattern forming on the daily chart (data feed via Kraken) of ETH/USD, which if valid might call for losses. Ethereum Price Triple Top? Ethereum price ETH for the third time trading near the $15.00....
Ethereum price extended its downside against the USD, and moved below $7.00. However, the ETH/USD pair has now reached a monster support just above $6.00. Key Highlights. ETH price collapsed further against the US Dollar and Bitcoin, and reached a monster support around $6.20-40. There are two bearish trend lines formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a resistance if the price recovers. No doubt, the price has reached a major turning points or we may call it as make it or break it levels. Ethereum Price Support to Hold Downsides? ETH price failed....
Bitcoin is beginning to show signs of renewed bullish energy, with the price testing the $113,000 resistance level after weeks of mixed sentiment. The move comes as many altcoins are gaining strength, suggesting that the broader crypto market is preparing for decisive action. The next few days are set to be crucial, as investors eagerly […]
Two days ago on November 30, the price of bitcoin (BTC) tapped a high that day reaching $59,250 per unit, but it has since dropped close to 5% in value to just above the $56K region. Onchain statistics indicate that whales and long-term holders (LTHs) have been spending over the last month and blockchain parsers have witnessed enormous movements in recent days.
Btcparser 3 Spots Droves of Bitcoin From Cold Wallets Move to Active Exchanges
On the first two days of December, there have been some massive bitcoin (BTC) whale movements stemming from long-term bitcoin holders. On....