Bitcoin Eyes $28k With A One-day Breakout
Bitcoin eyes $28,000 after a major breakout from the 1D 50 EMA resistance with a good volume. The Crypto market looks bullish on the low timeframe as major cryptocurrencies and altcoins gain relief bounces. Market Dumps Ahead Of FOMC Meeting The major buzz around the financial market over the past few days was focused on the FOMC. This has led to major cryptocurrencies dropping from key supports and resistance, with the likes of Bitcoin trading at around $20,700 and Ethereum going down to $1,376. Related Reading: Bitcoin Slips To 1-Week Low Ahead Of Fed Hike Rate Decision Before the FOMC....
Related News
MATIC’s price shows strength as price breaks bounced off from $0.76 with good volume with eyes set to reclaim $1. MATIC breaks out of a downtrend as the price resumes a bullish structure. The price of MATIC continues to trade above the 50 Exponential Moving Average (EMA) on the daily timeframe. The price of Polygon (MATIC) has remained strong despite the market uncertainties that have affected the price of many altcoins in recent weeks. Polygon (MATIC) has held strong, defending its support as the price is set for a major rally. The price of Bitcoin (BTC) showed strength bouncing....
A gloomy outlook for the US dollar is leaving Bitcoin with a potential to continue its bull run towards $20,000.
The cost to buy one Bitcoin unit could surpass the $26,000-level according to a textbook bullish indicator forming on its lower timeframe chart.
Ether is forming classic bullish patterns against the greenback and its top crypto rival on shorter-timeframe charts. Ethereum's native token, Ether (ETH), looks ready to grow stronger compared to the U.S. dollar and Bitcoin (BTC) in the days leading up to its proof-of-stake transition in September.ETH price chart bullish setupThe bullish outlook emerges from classic technical indicators on ETH/USD and ETH/BTC charts. For instance, ETH/USD has been forming a "falling wedge" pattern with a profit target sitting around 30% above the current prices. Meanwhile, the ETH/BTC chart is painting a....
Breakout Gaming is holding its fundraising crowdsale for gaming token Breakout Coin (BRO). The coin is for players to use in Breakout's 88 online gaming casino - only for legal markets. Breakout is both KYC and AML compliant. The BRO coin uses two algorithms, Proof of Work (PoW) & Proof of Bergstake. Bergstake is like Proof of Stake - but not... Sort of. More on that later. Breakout has the backing of poker all-stars Johnny Chan, Huck Seed, Jennifer Harman, Ted Forrest, Todd Brunson and Vladimir Shchemelev. That's over 38 World Series of Poker bracelets in case anyone was keeping score.....