Bitcoin Just Dove Toward $18,300 After Days of Consolidation
Bitcoin is forming its first big breakdown in a number of days after consolidation in the $19,000 region. The coin currently trades for $18,300, down 3.5%-4% in the past 24 hours as the market finally posts a notable red day. Ethereum is down 6.5% in the past 24 hours while other altcoins have dropped by […]
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Bitcoin has begun to surge higher again after multiple days of consolidation under $16,000. The coin traded as high as $16,500 earlier today. Analysts are not yet convinced it’s clear skies for Bitcoin, though. Bitcoin Could Surge Towards $20,000 Once $17,000 Is Claimed Bitcoin has begun to surge higher again after multiple days of consolidation under $16,000. Hours ago, the leading cryptocurrency moved from the $15,900 resistance it was trading near toward $16,500. Analysts are […]
Bitcoin has moved much higher over the past two days after many weeks of consolidation. Throughout most of September, the cryptocurrency traded snug between $10,000 and $11,000. As of this article’s writing, the coin has moved up to $11,050 as it breaks higher on fundamental and technical trends. For one, the U.S. dollar is plunging as stimulus talks have seemingly restarted in a manner that should boost alternative assets. Analysts think that this may be […]
Bitcoin price is stuck in a symmetrical triangle consolidation pattern for now and its breakout could set the tone for long-term action. Bitcoin Price Key Highlights. Bitcoin price consolidation has been getting tighter in the past few days as traders remain wary of ongoing industry changes. On the 1-hour time frame, a symmetrical triangle can be seen with price approaching the peak of the formation. A break past the triangle resistance around $930 could spur a longer-term climb while a move below support at $920 could trigger a selloff. Technical Indicators Signals. The 100 SMA is below....
Following days of consolidation, bitcoin rallied above $40,000 on Tuesday, which comes as markets prepare for today’s Fed meeting. ETH also climbed, moving away from its recent support point in the process. Bitcoin BTC finally broke out of its recent streak of price consolidation on Tuesday, as the world’s largest cryptocurrency climbed to almost a one week high. Following a low of $38,567.64 yesterday, BTC/USD has so far risen to an intraday high of $41,717.45 so far this session. Today’s high saw BTC break past one resistance level at $40,590, but it lost steam once....
A bit of bitcoin price dumping occurred Monday while some investors dove back into DeFi with their ether.