Bitcoin price must break this level to extend 6-week winning streak
Bitcoin price may be nearing exhaustion after recording its sixth consecutive weekly green candle. Bitcoin price has been showing significant strength as Bitcoin (BTC) rallied by more than 60% in a matter of six weeks, surging from $10,000 to $16,500 and leaving many investors behind.These investors were waiting for the close of the CME gap at $9,600, which didn’t occur. However, can the markets expect a correction to happen, or is further strength likely for the markets?Bitcoin posts sixth consecutive green weekly candleBTC/USDT 1-day chart. Source: TradingViewThe daily chart shows some....
Related News
Fortunejack.com, the online casino that uses digital currency to help ensure fairness and security, just got even better for lovers of online gambling, thanks to some new instant deposit bonuses. Players who love to play Live Games, Slots, Video Games and Lottery games can now increase their chances of winning. Bonuses are nothing new at Fortunejack, but players can now count on three new bonuses to win Fortunejack games, all of which are instantly awarded. The new bonuses are sure to extend the Fortunejack winning streak. To date, Fortunejack has awarded 324 BTC total jackpots, 305 BTC in....
Following a week-long winning streak, ANC finally fell on Sunday, as crypto bears finally entered the fray. Despite this, WAVES managed to maintain recent highs, and has now climbed close to 60% in the last week. Anchor protocol (ANC) Following a streak of fresh record highs from Wednesday to Saturday, Sunday saw anchor protocol (ANC) fall by over 20% as bears finally re-entered the market. Anchor protocol which was trading higher for five consecutive sessions, saw this momentum halted in a big way. ANC/USD fell to an intraday low of $4.55 during today’s session, following an....
Bitcoin nears $12K after six-day winning streak, as analysts predict economy will need trillions of dollars of stimulus.
Ethereum is following a bearish path below $4,100 against the US Dollar. ETH could recover, but upsides might be capped near $4,050 and $4,110. Ethereum extended its decline below the $4,100 and $4,000 support levels. The price is now trading below $4,100 and the 100 hourly simple moving average. There was a break below a crucial ascending channel with support near $4,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its decline if there is a break below $3,900 in the near term. Ethereum Price Could Extend Losses Ethereum failed to stay above the $4,120 and....
Ethereum started a fresh increase from the $4,500 zone against the US Dollar. ETH could extend upsides towards $4,850 unless it fails to stay above the 100 hourly SMA. Ethereum started a fresh increase above the $4,600 and $4,700 levels. The price is now trading above $4,650 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $4,630 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains above the $4,800 resistance zone in the near term. Ethereum Price Eyes More Upsides Ethereum formed a decent support....