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Tag Archives: BTCUSD

Bitcoin Price Watch – BTC/USD On Bullish Run, Testing Resistance At $6,800 – Crypto Currency News

Bitcoin price watch: Bitcoin continued its bullish run on Wednesday morning, moving firmly past the $6,700 level and testing a major resistance at $6,800. Bitcoin has been on an upward trajectory recently, having recovered by more than 5% since the beginning of last week. Yesterday, the cryptocurrency received a further boost as Goldman Sachs CEO Lloyd Blankfein commented on the ...

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Bitcoin Price Watch: BTC/USD Testing Crucial Support

Key Points Bitcoin price started a downside correction after trading as high as $6,849 against the US Dollar. There is a major bullish trend line formed with support near $6,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair should stay above the $6,550 support and the 100 hourly simple moving average to remain in ...

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Bitcoin Price Watch – BTC/USD Moves Up Slightly, Approaching $7,000 – Crypto Currency News

Bitcoin price watch: Bitcoin price stayed above $6,500 on Monday and moved slightly up, reaching a high of $6,850 earlier this morning, its highest level since last Tuesday. The cryptocurrency managed to stay steady for the past week, trading mostly in the $6,400-$6,600 price range. Bitcoin also received a boost following news that users of the ‘Cash’ mobile payments app could trade ...

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Bitcoin Price Watch: BTC/USD Could Surpass $7,000

Key Points Bitcoin price formed a support base above $6,300 and recovered higher against the US Dollar. There was a break above yesterday’s highlighted crucial bearish trend line with resistance at $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now placed nicely above the $6,500 resistance level, which is a positive sign. ...

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Bitcoin Price Watch: BTC/USD Struggle Continues

Key Points Bitcoin price failed to move above the $6,600 resistance and it currently under pressure against the US Dollar. There is a significant bearish trend line formed with resistance at $6,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must move above the $6,500 hurdle and the 100 hourly simple moving average to ...

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Bitcoin Price Weekly Analysis: Can BTC/USD Gain Traction?

Key Points Bitcoin price is currently consolidating around the $6,500 level against the US Dollar. The BTC/USD pair is currently attempting an upside break above a declining channel with resistance at $6,500 on the 4-hours chart (data feed from Kraken). The pair may move a few points higher, but there are many hurdles on the upside near the $6,800 level. ...

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Bitcoin Price Watch – BTC/USD Shows Signs of Reversal, Back Above $6,500 – Crypto Currency News

Bitcoin price bounced backed slightly on Friday morning amid a market-wide crypto recovery, settling above the $6,500 price level. A reversal is likely the result of a decision handed down yesterday by the Securities and Exchange Commission (SEC), which ruled that Ethereum is not a security. The price of Ethereum also shot up by 10% in response to the SEC ...

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Bitcoin Price Watch: BTC/USD Could Recover Further

Key Points Bitcoin price started an upward correction from the $6,131 low against the US Dollar. There was a break above a major bearish trend line with resistance at $6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could move further above the $6,600 level if buyers remain in action in the near term. ...

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Bitcoin Price Watch: Can BTC/USD Break 100 SMA?

Key Points Bitcoin price formed a decent support near the $6,130 level and recovered against the US Dollar. The BTC/USD pair is currently attempting to break a key bearish trend line with resistance at $6,450 on the hourly chart (data feed from Kraken). The pair may correct higher further, but it is likely to face barriers near $6,600 and the ...

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Bitcoin Price Watch – BTC/USD Decline Continues, Now Below $6,500 – Crypto Currency News

On Wednesday morning, Bitcoin continued its decline from earlier this week, falling below the pivotal $6,500 price point. The cryptocurrency is now trading at around $6,400. Its price fell by approximately 17% over the past seven days and by 75% through 2018. Bitcoin Continues Decline, Testing New Support Continuing its decline from this past weekend, Bitcoin price fell below the ...

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