Bitcoin Price Blitzes Beyond $1100, Closes in on All-Time High
Bitcoin price is rampant in its gains as it continues to push ahead, stepping up a gear since the turn of the year. At the time of publishing, bitcoin is trading at $1,139.9 on the Bitstamp Price index (BPI) and is closing in on the all-time high of $1163, a figure scaled on November 29, 2013. Bitcoin price is closing in on its all-time high. Over the last 24 hours, bitcoin price has made gains of over $110 reaching a high of $1,129.90 on the BPI today. The newest rally began in the late hours on Tuesday night (UTC), as price chalked $1,022.99 at 23:00 last night. An hour later, price....
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The rampaging run continues as bitcoin price soars above $2,220 to new uncharted heights led by trading in US markets. “Bitcoin Price Could Leap over $2000 in 2017” read a CCN headline citing Danish lender Saxo Bank’s prediction which claimed bitcoin’s price could rise by 165%, due to Trump’s presidency. At the time, bitcoin was trading around $760. They called it. Seven days to the year after the first symbolic bitcoin transaction where an American programmer paid 10,000 bitcoins for two Papa John’s pizzas, bitcoin has marked the occasion by surging to a new all-time high of $2,238, an....
Dogecoin started a decent increase above the $0.0950 resistance against the US Dollar. DOGE is showing positive signs and might aim for a move above $0.1080. DOGE price is gaining pace above the $0.100 pivot zone. The price is trading above the $0.100 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.1000 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it clears the $0.1100 resistance zone. Dogecoin Price Gains Over 10% In the past few sessions, Dogecoin price saw....
Bitcoin has now had 7 consecutive daily green candle closes this month. There have been a couple of 7 consecutive daily candle closes. But so far there has been no eight. The last time there were 8 consecutive daily candle closes, bitcoin price saw a price run-up that saw the price moving out of the $20,000 price range into the $30,000. BTC price movements after 8 consecutive daily candlesticks | Source: Twitter The chart above outlines the movement of the market the last time this happened. The run-up had started last year in 2020 and continued into 2021 before tapering off in....
Bitcoin price is enjoying upside momentum for now and might be on track towards testing the next ceiling at $1100. Bitcoin Price Key Highlights. Bitcoin price made a strong upside break from consolidation, signaling strong bullish momentum. Price continued its climb past the $1000 mark and could be aiming for the next resistance from here. Technical indicators are showing mixed signals so a pullback could be due before bitcoin price heads further north. Technical Indicators Signals. The 100 SMA is still below the longer-term 200 SMA on the 4-hour time frame so the path of least resistance....