Bitcoin Looks to Go Higher
Bitcoin continues to show strength as it is continuing to test the recent $750 high as these words are being typed. Nothing has changed in terms of targets from what was written in this column yesterday. Namely, resistance lies in wait ~ $810, but that resistance will likely yield. Stiffer resistance will likely be seen at ~ $855. Ethereum continues to disappoint expectations. As these words are being written, ethereum’s daily chart continues to be confounded by the 2nd arc of the 3rd pair. Price was knocked down hard by the 2nd arc pair (1st arrow), and turned down violently at the end of....
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Bitcoin has surged decisively higher over the past 72 hours, moving from the $10,600 range to as high as $11,500 on Friday evening. As of this article’s writing, the leading cryptocurrency trades for $11,350, just around 9% above the weekly lows. Despite this decisive surge higher, not everyone is convinced that Bitcoin will continue its ascent. Not Everyone Is Convinced of Bitcoin’s Move Higher One crypto-asset trader noted that the ongoing move higher is still […]
Meme coins remained higher on Tuesday, despite cryptocurrency markets mostly trading in the red. Dogecoin is now over 130% higher in the last week, as the token climbed to its highest point since April. Shiba inu was also higher, climbing back above a key price ceiling. Dogecoin (DOGE) Dogecoin (DOGE) extended recent gains on Tuesday, as the token surged to a fresh multi-month high. Following a low of $0.117 to start the week, DOGE/USD raced to an intraday peak of $0.1572 during today’s session. The rally sees the meme coin move to its highest point since April, and as of writing it is....
Bitcoin has continued to explode higher over the past 24 hours. The coin now trades for $12,750, around 7% higher than it was just 24 hours ago. This latest leg higher in the Bitcoin price can be pinned to two fundamental news events: PayPal adding crypto and more fiscal stimulus coming. Bitcoin Rallies Higher as Stimulus Talks Continue Bitcoin has continued to explode higher over the past 24 hours. The coin currently trades for $12,750, […]
Bitcoin is exploding higher after continued to see bullish strength after the daily close above $17,000. The leading cryptocurrency just minutes ago shot to $18,300, which are highs not seen since the blow-off top of the previous bull market in 2017 and 2018. Bitcoin is expected to move even higher in the weeks ahead, though […]
Ethereum has undergone a strong surge over recent days that has brought it from the $360 range to highs of $420. Analysts say that it will undergo a macro move higher once it manages to flip $500 into support. Ethereum Set to Break Dramatically Higher Once It Holds $500: Analyst The cryptocurrency is currently positioning to move higher as it holds the $390-400 region. As reported by Bitcoinist previously, analysts say that if the coin […]