3 Reasons Why Analysts Think Bitcoin Will Move Higher After Rally to $18,800
Bitcoin is exploding higher despite fears that it would see a strong drawdown toward the $14,000-15,000 region. The coin currently trades for $18,800, which is a new year-to-date high and multi-year highs. The coin is up 6% in the past 24 hours as buyers continue to flood in. Here are three reasons why the cryptocurrency […]
Related News
Ethereum has undergone a strong rally over the past few days, pushing as high as $470. ETH is up around 10% in the past 24 hours, despite Bitcoin stagnating in the high-$15,000s. Ethereum’s rally higher comes as other altcoins have rebounded. Analysts remain bullish on Ethereum and altcoins. Ethereum Explodes Up, and It Has Room to Move Even Higher: Analysts Ethereum has undergone a strong rally over the past two days despite strong weakness over […]
Bitcoin has rallied strongly over the past few weeks. The leading cryptocurrency surged from $10,400 to $11,750. The coin now trades for $11,400 after a slight correction as buying pressure tapered off. Bitcoin is primed to move lower in the near term as it aims to set up another leg to this ongoing rally, analysts say. Crypto analysts think this is the case, along with analysts at JP Morgan. Bitcoin Primed to Move Lower Prior […]
Bitcoin has undergone a strong rally over the past week, even after news that OKEx had blocked withdrawals. The coin trades for $13,150 as of this article’s writing, which is just shy of the weekly highs. Analysts think Bitcoin will continue to move higher in the coming days. Bitcoin Expected to Move Higher Bitcoin has undergone a strong rally over the past week, moving from the $11,500 range to the $13,000 region. The coin currently […]
Analysts think that Ethereum is primed to press higher despite last night’s $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it continues to hold those technical levels. Ethereum Could Move Toward $500 Analysts think that Ethereum is primed to press higher […]
Bitcoin has finally begun to move higher after much consolidation over the past week. The cryptocurrency trades for $36,000, having moved 3% higher in the past day. The cryptocurrency is likely preparing for a stronger breakout, analysts say. Bitcoin Jack shared that Bitcoin is on the verge of breaking past two key resistance levels on a daily time frame, assuming the daily candle closes around current levels. MicroStrategy is hosting a Bitcoin even that could […]