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Tag Archives: bullish

Bitcoin Price Watch: BTC/USD’s Bullish Scenario

Key Points Bitcoin price moved higher and broke the $8,300 resistance level against the US Dollar. There is a significant ascending channel formed with support at $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to accelerate gains above $8,650 if it continues to follow the ascending channel. Bitcoin price is trading ...

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Cardano Price Analysis: ADA/USD Bullish Above $0.2500

Key Highlights ADA price started an upside move and traded above the $0.2500 resistance against the US Dollar (tethered). There is a major bullish trend line formed with support at $0.2480 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains well supported for more gains above the $0.2480 and $0.2500 levels. Cardano price is ...

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Tron (TRX) Price Watch: Bullish Run Ready to Resume, Upside Targets

Tron Price Key Highlights Tron broke out of a consolidation pattern previously highlighted to reflect a return in bullish momentum. Price could move up to the Fibonacci extension levels next, especially with catalysts underway. Technical indicators, however, have yet to catch up to reflecting bullish pressure. Tron broke higher from its short-term consolidation to confirm that bulls are back in ...

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Roger Ver Remains Bullish on Bitcoin Cash Due to Unspecified Infrastructure Being Built on Top of It – The Merkle

It has been a rather interesting period for Bitcoin Cash since its original inception in late 2017. Although it’s still a fork of Bitcoin, it has garnered a lot of support and success in the past few months. Roger Ver remains pretty bullish on this altcoin, claiming that the adoption of BCH is accelerated compared to that of BTC. Only time ...

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Twitter CEO Jack Dorsey Reaffirms Bullish Future on Bitcoin, Crypto as Global Payment

Twitter and Square Inc. CEO Jack Dorsey expressed optimism about cryptocurrency’s role in the future of payments, saying that “the internet deserves a native currency” and “it will have a native currency,” Bloomberg reports May 16. At the Consensus conference on Wednesday, Dorsey shared crypto enthusiasts’ vision that virtual currencies are the future of a legitimate means of global payment. ...

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“Bitcoin Jesus” Still Bullish on Bitcoin Cash After Hard Fork

Roger Ver is still bullish on Bitcoin Cash despite its steady decline in price over the month going into yesterdays hard fork. “Bitcoin Jesus” Still Bullish on Bitcoin Cash Roger Ver appeared on CNBC’s Fast Money yesterday to talk up Bitcoin Cash (BCH) where he said: “I’m incredibly bullish on bitcoin cash for the exact same reasons I was bullish on ...

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Bitcoin Price | Has Brian Kelly’s Bullish Comments Helped BTC Price?

Bitcoin price (BTC) continues to make sideways movements today. Although it remains unsuccessful in crossing the key resistance level, there is optimism that that cryptocurrency market will bounce back shortly. Brian Kelly is one such optimist. He has discarded Warren Buffett’s and Bill Gates criticisms of late, stating that he believes the cryptocurrency market to be immune to billionaires bashing. ...

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Nasdaq Chief Executive Offers a Rare Bullish Outlook on Bitcoin

The Bitcoin price will always subject to a lot of speculation. Some people expect big things, whereas others are convinced BTC will not stick around for that long. Nasdaq chief executive Adena Friedman is extremely bullish when it comes to the world’s leading cryptocurrency. In fact, Friedman is confident Bitcoin is the “next step in the space of currency”. Can ...

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‘Disciple’ Of Buffett, Palihapitiya Bullish On BTC Despite His Mentor’s Grumblings

Chamath Palihapitiya, a self-professed “disciple” of investors Warren Buffett and Charlie Munger – has said that the two crypto skeptics are “all wrong” about Bitcoin (BTC), CNBC reports Wednesday, May 9. At the beginning of this month, Buffett called Bitcoin “rat poison squared,” and Munger said that investing in crypto was akin to “trading freshly harvested baby brains.” Earlier this ...

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