Tag: Bitcoin Price

Bitcoin Price Analysis: BTC Plunges $250 Following Another Bart, Is $9000 Incoming?

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Bitcoin was looking promising to take on the $9,500 level yesterday after finally breaking above a critical down-trending resistance. Unfortunately, the breakout was nothing more than an orchestrated trading strategy used commonly by Bitcoin whales to shake out retail traders and likely accumulate more BTC. And it worked. The Bitcoin-Bashing Bart Simpson Pattern Whenever there’s […]
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Bitcoin Price Analysis: BTC Anticipates Huge Upcoming Move To End This Uncommon Stability

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For the past ten days, the Bitcoin price was trading mostly inside a $200 range between $9000 and $9200. This behavior is very uncommon to a volatile asset such as Bitcoin. Some technical signs point on an end to this saga very soon, probably as the new week starts. Bitcoin Recent Price Action As can […]
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Bitcoin Maintains $9K as DeFi Altcoins Skyrocket: The Weekly Crypto Market Update

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While Bitcoin remains rangebound, to an extent, last week had some very exciting trading days. Towards the beginning of the week, BTC was trading at around $9,200 until last Saturday when it suddenly dropped and touched a low of $8,833, which remains the lowest point for the week. From there, BTC recovered and even made […]
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Bitcoin price is stable above $9,000, BitPay Supports SegWit

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The Bitcoin price has recovered and is currently changing hands above $9,000. While this is a reprieve, news around Bitcoin adoption dominates. 3 years later, BitPay supports SegWit The main highlight in the last 24 hours is BitPay’s decision to support Segregated Witness (SegWit). Of note, the payment processor has been against this controversial update. […] …

Bitcoin Price Analysis: BTC Plunges $300 in 2 Hours, Here’s Why

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Bitcoin bears appear to have come out of hibernation today. According to the latest data from Glassnode, Bitcoin hourly addresses hit a 2-year high today and hourly active addresses set at a new yearly high. While these figures might sound promising, they have coincided with a steep $300 crash in Bitcoin’s price over a 2.5 […]
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Bitcoin Fails at $9,300 as DeFi Altcoins Surge: Thursday’s Price Watch

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Bitcoin attempted to conquer the $9,300 but to no fruition. The price pulled back and failed to breach the level. Meanwhile, the DeFi market continues to boom, with numerous projects marking double-digit daily increases. Bitcoin Price Fails at $9,300 Bitcoin didn’t manage to claim $9,300 yesterday and has since retraced to its current trading level […]
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Bitcoin Price Analysis: BTC Bears Eye $8,600 As RSI Divergence Grows

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On the 1D BTC/USD chart, we can see that the leading crypto-asset remains range-bound between the daily $8,600 and $10,000 levels. Rumors earlier in the week regarding PayPal possibly adding support for Bitcoin and other cryptocurrencies on its platform, sparked a small rally but failed to fuel a much-needed breakout above a key resistance level […]
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