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Tag Archives: BTC

Bitcoin (BTC) Price Watch: Bullish Divergence Spotted

Bitcoin Price Key Highlights Bitcoin price is still hovering above the long-term support around the $6,000 area. A bullish divergence can be seen, suggesting that a bounce may be in order. Moving averages, however, still indicate that more losses are in the cards. Bitcoin price is still testing the long-term floor, and a bullish divergence signals that a bounce may ...

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Crypto Prices Have Nosedived, But There Could Be a Silver Lining

Monday hailed in one of the worst days the crypto market has ever seen, with Bitcoin posting a loss of 6%, while altcoins fell even further. However, not all investors are worried, as some see that this nosedive is just another part of the tumultuous cryptocurrency cycle. CoinShares Executive: The Narrative Around Crypto Is Hard To Grasp Meltem Demirors, a ...

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Ethereum Classic Price Analysis: Can ETC/USD Hold The $10.00 Support?

Key Highlights Ethereum classic price tumbled and broke the $12.50 and $11.20 support levels against the US dollar. There is a key connecting bearish trend line forming with resistance at $11.30 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is slowly correcting higher towards the $11.00 and $11.30 resistance levels. Ethereum classic price made ...

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Bitcoin (BTC) Price Watch: Another Day, Another Breakdown

Bitcoin Price Key Highlights Bitcoin price has broken below a short-term consolidation pattern and is setting its sights on the next floor. Price is still trading inside its descending channel and might be due to test the bottom around $5,600 soon. Technical indicators continue to reflect the presence of selling pressure but there are also signs of a possible bounce. ...

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Bitcoin (BTC) Price Watch: Still Waiting for Directional Clues

Bitcoin Price Key Highlights Bitcoin price is trending below a short-term descending trend line as it hovers at the long-term floor. Traders are likely waiting for the next catalysts to decide which direction the breakout could take. Technical indicators appear to be suggesting a slowdown in bullish momentum soon. Bitcoin price is still trending lower on the short-term time frame ...

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Bitcoin (BTC) Technical Analysis

Regardless of the overall bearish sentiment and the SEC weighing in heavily against Bitcoin, bulls seem to be stable and recovering. It’s up five percent and reducing their weekly losses to eight percent as buyers reject prices below $6,000-the upper limit of our support zone. Considering the past two trends, we still hold a bearish position and until we see ...

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EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis

More often than not, asset prices tend to recover following periods of stretching as the last two weeks demonstrate. In our case, unless we see a recovery in Bitcoin, most coins as Litecoin or EOS for example might extend their losses. Others as Stellar Lumens might be destabilized even after Facebook denying partnership claims. All in all, we remain bearish ...

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