Bitcoin Surges to Key Resistance as Analysts Eye a Move to $16,200
Bitcoin’s price has been consolidating below its crucial $13,800 resistance over the past week, but bulls are once again in the process of testing this level The upcoming election results are widely thought to be a force that could contribute to some BTC volatility This possibility is vindicated by the massive inflows of high-leverage orders […]
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As bitcoin surges, bullish analysts (and greedy traders) see few stopping points before prices challenge the all-time-high near $20K.
Bitcoin price started a strong upward move above the $35,000 resistance against the US Dollar. BTC is showing positive signs and it could rally further above $40,000. Bitcoin started a strong increase above the $33,000 and $35,000 resistance levels. The price is now trading well above $35,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $35,500 with resistance near $31,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct gains, but the bulls are likely to remain active near $37,000. Bitcoin....
Bitcoin broke the key $40,000 resistance zone against the US Dollar. BTC is up over 12% and might continue to rise above the $43,000 level. Bitcoin surged above a few key hurdles near the $40,000 resistance zone. The price is trading above $42,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $38,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has moved into a bullish zone and might accelerate higher towards $45,000. Bitcoin Price Surges Bitcoin price remained in a positive zone above the....
Bitcoin has undergone a strong drop since the weekend highs of $14,100. After failing to pass that pivotal resistance level, the price of the leading cryptocurrency has dropped to $13,400 as of this article’s writing. At the lows of the past 24 hours, BTC traded for $13,200. Analysts think that the coin could move even lower in the days ahead, analysts say. Bitcoin Could Drop Toward $13,000 as Key Bearish Signal Flashes Commenting on Bitcoin’s […]
Polkadot’s DOT started a strong surge after it broke the $10.00 resistance against the US Dollar. It is up over 35% this week, and it outperformed bitcoin. DOT gained pace above the $9.50 and $10.00 resistance levels against the US dollar. The price traded to a new yearly high at $11.60 and settled well above […]