3 Charts Show Why Bitcoin Price is Poised to Explode Further Higher

Bitcoin has continued to explode higher as the U.S. dollar drops. BTC trades for $14,500 as of this article’s writing, the highest price in over two years. Analysts think the coin extends higher as the price is still positioned in an uptrend. Bitcoin Could Hit $15,000 Next, Analysts Say Bitcoin has continued to explode higher in the face of a strong drop in the U.S. dollar as the election continues. The price of the leading […]

Crypto Analyst Nicholas Merten recently said in a video analysis session on YouTube that Ethereum’s price is poised to explode. Merten pointed out that price analysis really isn’t the reason that the number 2 cryptocurrency is set to explode, but what the market dominance shows that actually shows this. This shows through when the cryptocurrency market dominance is measured. Merten believes that current market trends are very similar to what was done in the market back in 2017. Going back to when the last bull market had started in 2017. Before fizzling out and turning into a....

Bitcoin has continued to explode higher over the past 24 hours. The coin now trades for $12,750, around 7% higher than it was just 24 hours ago. This latest leg higher in the Bitcoin price can be pinned to two fundamental news events: PayPal adding crypto and more fiscal stimulus coming. Bitcoin Rallies Higher as Stimulus Talks Continue Bitcoin has continued to explode higher over the past 24 hours. The coin currently trades for $12,750, […]

The price of Bitcoin has been somewhat stable lately with charts showing slight variances here and there over the past week. The anticipation for the upcoming halving event seems to have cryptocurrency supporters excited, while global economic events continue to show the world the benefits of the Bitcoin network. Price Charts Bode Well. The fiat value of....

Bitcoin price has made a double in the BTC/CNY exchange charts and we might see a trend reversal today. However, the USD exchange charts do not confirm the double top pattern and we examine the confirmation signals for trade. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 15h05 UTC. OKCoin-CNY 15-Minute Chart. From the analysis pages of xbt.social, earlier today: A partial outcome for our expectations but we still do not have....