TA: Bitcoin Breaks $53K, Why BTC Could Soon Revisit $50K
Bitcoin price attempted a recovery above $56,000 against the US Dollar, but it struggled above $57,000. BTC trimmed gains and it even broke the $53,200 support zone. Bitcoin extended its decline below $53,200 and $53,000 support levels. The price is now trading well below $54,000 and the 100 hourly simple moving average. There was a […]
Related News
Ethereum extended its increase above the $1,750 and $1,800 resistance levels against the US Dollar. ETH price is showing positive signs and it is likely to revisit the $2,000 resistance zone. Ethereum is gaining bullish momentum above the $1,700 and $1,800 resistance levels. The price is now trading well above $1,800 and the 100 hourly […]
Bitcoin's price breaks above $16,000, reaching an almost three-year high.
There is a 75 percent possibility that Bitcoin breaks bullish out of its ongoing consolidation pattern. According to independent analyst Vince Prince, the benchmark cryptocurrency is making “marginal” upside movements in an Ascending Channel structure. That has left it with two possible outcomes. First, Bitcoin consolidates inside the Channel while breaking below the “Ascending Trendline”; Second, it stays above the Trendline and later breaks out of the range altogether. Mr. Prince favored the second outcome. […]
Bitcoin breaks $34K while ether futures continue to gain steam.
The state of California has officially ceased further plans to adopt cryptocurrency legislation this year. The lawmakers attempting to create their own form of the New York BitLicense with Bill AB-1326. The legislation will remain untouched until next year, when authorities may revisit the Bill and try to introduce it again. California Lawmakers Stop....