These 4 Trends Show That Bitcoin’s Likely to Move Higher After 20% Drop

These 4 Trends Show That Bitcoin’s Likely to Move Higher After 20% Drop

Bitcoin is technically in no man’s land a number of analysts have said after the crypto’s recent drop. The cryptocurrency, in fact, is below the $11,000 resistance, where BTC was rejected last week. Bitcoin is also above the support of the low-$10,000s, where a number of bounces have taken place over recent weeks. Four key market data points suggest that BTC will soon resume its ascent, though. There are also on-chain trends observed by a […]


Related News

3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing

Bitcoin has surged higher over the past 48 hours due to positive fundamental trends. The cryptocurrency, which traded as low as $10,400 just a week ago, now trades for $11,400. Less than a few hours ago, the coin was trading just shy of $11,500. BTC’s ongoing move higher has convinced many analysts that a larger […]

Despite Rising Bitcoin Price, Google Trends Show Interest Remains Low

Despite the recent big move in Bitcoin price, Google trends reveal general interest in the cryptocurrency still remains low. Google Trends For The Search Term “Bitcoin” Show Low Current Interest BTC recently had a sharp move up where the price crossed the $55k mark for the first time since May. However, despite such an increase, […]

Bitcoin Will Move Like a “Bulldozer” Once It Gains Momentum, Claims Analyst

Bitcoin’s price appears to have entered yet another consolidation phase as it trades between $11,400 and $11,600 Its present lack of momentum comes close on the heels of the strong move higher that it posted last week The resistance above its current price level is quite intense, and this may mark an attempt from bulls to garner greater buy-side support Where the market trends in the mid-term will likely depend largely on whether Bitcoin’s consolidation […]

A New Bitcoin Bull-Run is Here, Google Trends Show

As Bitcoin nears parity with gold, Google trends indicators are showing that this may only be the start of another major run-up in value on the way to higher highs. Bitcoin Uptick in Global Trends. Bitcoin performed amazingly well throughout 2016, increasing over 120% in value, reaching its all-time high market cap, breaking the $,1000 mark on the first day of 2017. Although the $1000 surge was expected by many, the continuous rise of Bitcoin continues to amaze the public at large. Driven by political and economic factors throughout the world, global interest in Bitcoin is once again....

Bitcoin’s Move Higher Is Still a “Fadable” Rally, Analyst Says

Bitcoin has surged decisively higher over the past 72 hours, moving from the $10,600 range to as high as $11,500 on Friday evening. As of this article’s writing, the leading cryptocurrency trades for $11,350, just around 9% above the weekly lows. Despite this decisive surge higher, not everyone is convinced that Bitcoin will continue its ascent. Not Everyone Is Convinced of Bitcoin’s Move Higher One crypto-asset trader noted that the ongoing move higher is still […]