Bitcoin 'buy' signal excites as dollar, gold extend losses, BTC price heads p...
Nothing stands in the way of Bitcoin's latest renaissance, even as gold tumbles and the U.S. dollar checks its progress. Bitcoin (BTC) closed above a crucial level into April 20 as the daily chart offered a long-awaited “buy” signal.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Bitcoin is a buy at $41,500Data from Cointelegraph Markets Pro and TradingView confirmed a daily close at $41,500 on Bitstamp for Tuesday.A strong performance, the sustained gains meant that fresh upside should be incoming, according to one trader eyeing a buy/sell indicator on daily....
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Ethereum price traded towards $7.00 handle against the US Dollar this past week, and it looks like there can be more decline in ETH/USD going forward. Key Highlights. Ethereum price continued to decline against the US Dollar and Bitcoin, and may extend the downside. There is a monster bearish trend line formed on the 4-hours chart of ETH/USD (data feed via SimpleFX), which is acting as a hurdle for more losses. The pair may retest the $7.20 level if the ETH buyers fail to break the trend line resistance. Ethereum Price Resistance. There was a sharp decline in Ethereum price against the US....
The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed on a Number of Elements While bitcoin (BTC) prices are up more than 4% on Monday and over 16% during the last week, the value of gold has been dropping lower in fiat value. On August 6, 2021, the price of gold per ounce was trading for just over $1,800 per unit and slid to $1,688 per unit two....