Bitcoin price is trading just below the key level of $10,000, and a decisive break of resistance could kickstart the next crypto bull market. Any dips at this point in Bitcoin are likely meant for buying, and according to one prominent crypto analyst who has made a number of accurate calls, expects at least one…
DetailsAs Bitcoin begins consolidating around the $10,000 region, it now appears that the cryptocurrency is in the process of gearing up to make another massive push higher, potentially moving to set fresh yearly highs. This strong momentum has bolstered the benchmark cryptocurrency on multiple fronts. From a technical perspective, BTC has now surmounted several key…
DetailsThe price action over the past few days has undoubtedly been positive for Bitcoin. After building momentum for weeks, the cryptocurrency finally burst past $10,000 this week, hitting a $10,100 high. Since this initial breach, BTC has slowed. The cryptocurrency has traded within a percentage point of $10,000 for the last 12 hours, barely deviating as…
DetailsEthereum has been significantly underperforming Bitcoin in recent times. While the benchmark cryptocurrency is currently hovering around its multi-month highs, ETH is still trading significantly below where it was just over a week ago. This weakness against BTC is showing some tempered signs of degrading, however, as buyers were able to firmly defend the crypto’s…
DetailsAnother week, another round of Crypto Tidbits.itcoin has been one of the best-performing assets in financial markets over the past week, managing to rally as high as $10,100 — a price around 25% higher than two weeks ago. Altcoins, interestingly, have underperformed the market leader, with Ethereum and XRP both flatlining over the past week. Crypto’s…
DetailsEthereum is up around 2% and it broke the key $210 resistance against the US Dollar. ETH price is showing positive signs and it could rise further, similar to bitcoin. Ethereum is slowly moving into a bullish zone above the $210 pivot level. The price traded towards the $218 level and it is currently correcting…
DetailsRipple is trading in a broad range above the $0.2100 support against the US Dollar. XRP declined below a key support versus bitcoin and it is now at a risk of a sharp decline vs USD. Ripple is facing hurdles near the $0.2200 and $0.2220 resistance levels against the US dollar. It seems like the…
DetailsBitcoin crossed above $10,000 in late trading Thursday but failed to extend the upside momentum. Traders sold the cryptocurrency’s two-month top for short-term profits, driving prices down by 3.17 percent into the Asian session. A battle between bearish technicals and bullish fundamentals is brewing inside the bitcoin market, with bears looking to win the next…
DetailsAfter weeks of bullish price action, Bitcoin finally topped $10,000 today, rallying as high as $10,100 on the back of an influx of buying pressure. Many say that this recent move sets the stage for even greater growth, but a trader recently argued that BTC printed a “perfected” sell setup. The setup was the exact…
DetailsBillionaire hedge fund pioneer Paul Tudor Jones sees bitcoin leaping above $20,000. The Tudor Investment Corporation founder compared the decade-old cryptocurrency with the gold market in the 1970s. The yellow metal’s fractal hinted at bitcoin rising about 100 percent after it closes above its all-time high. Famed hedge fund manager Paul Tudor Jones believes Bitcoin…
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