Here’s How Bitcoin Can Still Thrust to $17,000 In the Near Future
Bitcoin has undergone a strong drop since the weekly highs of $15,975. The price of the leading cryptocurrency is $14,800 as of this article’s writing, $1,200 shy of the highs but $500 above the daily lows. In the past 24 hours, Bitcoin is down 5%. Analysts have become fearful that this is the start of […]
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Bitcoin is continuing to thrust higher, pushing to nearly $22,000 a handful of minutes ago. The leading cryptocurrency currently trades for $21,700 after a slight correction. Analysts think that this rally is being driven by institutional players. Bitcoin Nearly Pushes to $22,000 Bitcoin is continuing to thrust higher despite fears that there were some whales located in Asia that would sell into the strength. BTC just pushed to $12,850 on leading spot exchanges and moved […]
Bitcoin has once again begun to thrust higher despite uncertainty in traditional markets. The coin currently trades for $16,450 as of this article’s writing. Analysts fear that a retracement is likely as on-chain trends and technical trends seem to have begun to favor bears. Bitcoin Could Retrace Soon, Analysts Say Bitcoin has once again begun to thrust higher despite uncertainty in traditional markets. After a day of 1% losses for leading U.S. stock indices, Bitcoin […]
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Ethereum price moved down as forecasted to create a new low. It looks like one more push down is possible as long as the trend line resistance holds. Ethereum price ETH continued to struggle and my view of it moving down further paid well. I think it’s time to book profits if you are trading conservative. For aggressive traders, I suggest to move the stop to break even and wait for a final downside thrust. There is a high probability of ETH/USD moving down further, and testing the $8.20-10 support area where buyers may appear. On the upside, yesterday’s highlighted bearish trend line on....
Bitcoin Price is going down. The downside thrust of the move from $275 to $264 at the time of writing leaves no doubt that a continuing downtrend is in force. Hopes of a 3rd wave turnaround are alive up to 99.9% retracement of the week's advance, but the outlook is becoming grim. Bitcoin Price Analysis. Time of analysis: 17h00 UTC. Bitstamp's feed to Tradingview remains unwell and BTC-China, the centralized exchange chart of choice shows the damage: BTC-China 4-Hour Chart. Price fell way from 1,690 CNY in a tumultuous collapse. 1,640 CNY was reached in 30 minutes of cynical short selling....