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Category: Bitcoin

Bitcoin Gains Momentum, Here’s What Could Spark A Major Rally

Posted on May 3, 2021

Bitcoin price gained momentum and settled above the $57,000 level against the US Dollar. BTC is likely to break the $58,500 resistance and start a strong rally. Bitcoin started a steady increase…

Bitcoin Price Consolidates Near $50K, Why BTC Bulls Could Fail Near $52.5K

Posted on May 2, 2021

Bitcoin price extended its decline below the $50,000 support against the US Dollar. BTC is now consolidating losses and it remains at a risk of more downside below $48,000. Bitcoin declined heavily…

Bitcoin Settles Above Key Support, Why BTC Could Revisit $60K

Posted on May 2, 2021

Bitcoin price started a fresh increase above the $55,000 resistance zone against the US Dollar. BTC tested $58,500 and it remains elevated for a move towards the $60,000 zone. Bitcoin is showing…

Bitcoin Price Breaks Hurdle, Here’s Why Bulls Could Aim $58K

Posted on May 2, 2021

Bitcoin price gained pace and it cleared the $53,000 resistance zone against the US Dollar. BTC is consolidating and it seems ready for more gains above $54,000. Bitcoin remained well bid and…

Key Fundamental Data Suggests Bitcoin May Defy Bears

Posted on May 1, 2021

Last weekend, the Bitcoin price fell below the psychologically significant support level of $50,000. Furthermore, the 50 day moving average was breached to the downside and some popular technical indicators – such…

Bears Salivate As Bitcoin Monthly Close Leads To Indecision

Posted on May 1, 2021

Bitcoin price is back above $56,000 once again, after a tug-of-war between bulls and bears has led to a bit of a stalemate just as the April monthly comes to a close….

Bitcoin Revisits Key Support, Here’s What Could Trigger Sharp Increase

Posted on April 30, 2021

Bitcoin price extended its decline below the $54,000 level against the US Dollar. BTC is holding the $52,500 support, but it must clear $54,000 for a fresh increase. Bitcoin failed to stay…

Bitcoin Struggles Near $56K, Here’s Why 100 SMA Is The Key

Posted on April 29, 2021

Bitcoin price spiked above the $56,000 resistance against the US Dollar, but it failed to continue higher. BTC is could correct lower, but the 100 hourly SMA is likely to provide support….

Bitcoin Price Gains Traction, Here’s How BTC Could Revisit $60K

Posted on April 28, 2021

Bitcoin price gained pace and it cleared the $55,000 resistance zone against the US Dollar. BTC is showing positive signs and it is likely to accelerate higher above $56,500. Bitcoin started a…

Cloudy With A Chance Of Downside

Posted on April 28, 2021

Bitcoin price is back above $55,000 in a lighting fast recovery from below the key level of $50,000. Although the rebound thus far appears as if it is a gift from the…

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