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Tag Archives: Watch

Bitcoin Price Watch: Currency Sinks to New Low

At press time, bitcoin has shrunk down to $6,100 – the lowest it’s been in nearly four months. All the talk of bitcoin developing newfound resistance appears to be moot; the coin remains as vulnerable as ever, and traders should brace themselves for bitcoin to strike the $5,000 range next. The problems seem to be stemming from Asia: India and ...

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Bitcoin Price Watch: BTC/USD Turned Bearish?

Key Points Bitcoin price failed to hold gains and broke a major support at $6,700 against the US Dollar. Yesterday’s discussed important contracting triangle was broken with support at $6,720 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading below $6,680 and 100 hourly simple moving average, which is a bearish sign. ...

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Bitcoin (BTC) Price Watch: How Low Can It Go?

Bitcoin Price Key Highlights Bitcoin price looks ready to resume the downtrend as the descending trend line keeps holding. Bulls seem to be having trouble sustaining the upside wedge breakout and might give in to bearish pressure. Applying the Fibonacci extension tool shows the next potential downside targets. Bitcoin price might be ready to resume its selloff as the $6,800 ...

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Bitcoin Price Watch: Currency Still at $6,700

Bitcoin is not changing. This is both a negative and a positive sign. $6,700 is nothing to be particularly pleased about considering the currency was trading in the $7,000, $8,000 and even $9,000 ranges over the past two months, yet we can’t help but feel a little relieved that bitcoin has not dropped any further. While $6,700 is not anything ...

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Bitcoin Price Watch: BTC/USD Approaching Key Break

Key Points Bitcoin price found support near the $6,620 level and recovered well against the US Dollar. There is a key contracting triangle formed with support at $6,700 and resistance near $6,780 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely approaching the next break either above $6,800 or below $6,650 in the ...

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Bitcoin (BTC) Price Watch: Imminent Rising Wedge Breakout

Bitcoin Price Key Highlights Bitcoin price has formed higher lows and slightly higher highs to create a rising wedge on its 1-hour chart. Price is bouncing off resistance and might be due for another test of support. Bitcoin price is also nearing the peak of the formation so a breakout might happen soon. Bitcoin price might be gearing up for ...

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Tron (TRX) Price Watch: Correction Done, Aiming Higher

Tron Price Key Highlights Tron price bounced off the area of interest marked in an earlier post. Price is now making its way up to the swing high and the Fib extension tool shows the next upside targets. Technical indicators also support the idea of more gains for Tron. Tron price bounced off the resistance-turned-support region at the 0.04500 mark ...

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Bitcoin Cash Price Watch – BCH/USD Back On Bullish Run, Looking To Break $900 – Crypto Currency News

Bitcoin Cash Price Watch: Bitcoin Cash (BCH) returns to bull run. Key Highlights: Bitcoin Cash price bounced back from its decline this past weekend, now looking to break $900 once again. BCH/USD is back on a bullish run after establishing support at around $860. The $910 price level is considered a major resistance point. Bitcoin Cash Price Watch: BCH/USD Looking ...

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Bitcoin Price Watch: Currency is Unmoving at $6,700

At press time, the father of cryptocurrencies has not moved and remains at $6,700, which is where it has been for several days, now. This is both good and bad in a sense. On one hand, bitcoin refusing to grow in price or get any larger is never a good thing; the market comes to a standstill, and investors lose ...

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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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