Bitcoin price retested the $35,000 support level against the US Dollar. BTC is now rising, but it must clear $37,000 and the 100 hourly SMA for a steady increase. Bitcoin is recovering higher from the $35,000 support zone. The price is currently well below $37,000 and the 100 hourly simple moving average. There was a […]
Bitcoin price is currently on the ropes, potentially about to lose support at around $56,000. But could the recent weakness in the cryptocurrency market be more a factor of a strong dollar? TD Sequential Triggers Anti-Correlated Signals On BTCUSD, DXY Weeks ago, we posed the question if or not the Dollar Currency Index making new highs in 2021 was a dangerous situation for Bitcoin. After more than $10,000 per coin was wiped off the price of BTC, the answer was a resounding yes. But much like the cryptocurrency uptrend in late 2020 and early 2021 came to an abrupt halt, even the....
Binance coin price found support near $200 and started a fresh increase against the USDT. BNB is gaining momentum and it seems like the bulls are eyeing a fresh increase above $300. Binance coin price started a fresh increase above $220 and $230 against the USDT. The price is trading nicely above $250 and it […]
Bitcoin price declined sharply towards the $28,000 zone against the US Dollar. BTC is currently rising, but it might face a strong resistance near $33,200 and $33,500. Bitcoin almost 20% towards the $28,000 level before starting a fresh increase. The price is now back above $31,000 and trading nicely above the 100 hourly simple moving […]
Ethereum found support near $2,150 and started a fresh increase against the US Dollar. ETH price is showing positive signs and it could soon rally above $2,500. Ethereum formed a support base above $2,150 and recently started a fresh increase. The price is now trading well above $2,400 and the 100 hourly simple moving average. […]