Bitcoin Recovers Above $54,000 Support, Poises to Reclaim the $58,000 High
Following its resistance at the psychological price level, Bitcoin slumped and found support above the $54,000 low on March 22. This was the previous low of March 16, when Bitcoin…
Read More »Bitcoin Faces an Uphill Task as It Jumps Over the Hurdles at $58,000 and $60,000
Bitcoin price shows weakness as it fails to sustain above the $58,000 resistance for the past 48 hours. Today, the market is fluctuating below and above it. Bitcoin bulls have…
Read More »South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to…
Read More »The Shortage of Supply Might Bring Bitcoin to New Price Highsv
After the enormous price rally, the demand for Bitcoin seems to largely exceed its supply. This might bring the flagship cryptocurrency to a long-term bullish trend with new all-time highs.
Read More »Bitcoin Is Penetrating Baseball; American Stars Embrace the Flagship Cryptocurrency in 2021 Season
A US baseball club accepts bitcoin payments for the 2021 season. It seems to become a trend of adopting and using digital transaction systems in the sports industry.
Read More »Bitcoin Slumps, Unable To Sustain Above $60,000 Psychological Price Level
On March 14, BTC price rallied to $61,699 high but the bullish momentum could not be sustained above the $60,000 psychological price level. Consequently, Bitcoin price retraced from the recent…
Read More »Bitcoin SV in a Downward Correction, Fluctuates Between $170 and $200
Bitcoin SV (BSV) rallied to a $200 high and pulled back. The altcoin has been range-bound between $170 and $200 after the February 23 breakdown.
Read More »Whales Push Bitcoin Price above Critical Resistance; Is Another Rally Coming?
The price of Bitcoin (BTC) is rising again. To a great extent, this was triggered by the increased demand by big whales that used the price dip to buy some…
Read More »Inflation Fears Pumps Bitcoin Prices Above $56k
The U.S. Consumer Price Index (CPI) for February 2021 rose 0.4 percent in February 2021 on a seasonally adjusted basis after adding 0.3 percent in January, data from the U.S….
Read More »Bitcoin Struggles To Break the Overhead Resistance at $52,000 as Buyers Continue Their Unending Price Tussle
Bitcoin price movement has been hampered at the $52,000 resistance. Today, Bitcoin bulls retested the resistance level and were repelled.
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