Bitcoin Consolidates in a Tight Range within a Striking Distance to $12k
Bitcoin bulls have been consistently trading above $11,800 for the past three days. After August 15, an unsuccessful attempt to break the resistance resulted in a tight price range.
Read More »China Is Approaching the Release of Digital Yuan by Expanding its Trials
As the idea of issuing the Central Bank Digital Currency (CBDC) is gaining traction worldwide, China makes practical steps to make their digital yuan release closer. Now, the country is…
Read More »Bulls Stampede Toward $12K Bitcoin Price as Weekly Close Approaches
Bitcoin price continues to meet resistance at the $12K level, will bulls break through it before the weekly close?
Read More »Bitcoin Cash Battles Resistances at $300 and $320, Approaches the Overpriced Region
In the last 24 hours, BCH rebounded above $280 as buyers pushed the coin to the previous high. Today, BCH is facing rejection at the $300 high after a brief…
Read More »Bitcoin Loses Concentration as It Faces Strong Rejection at $12k
Today, BTC retraced to $11,300 after facing rejection at the $12,000 overhead resistance. The king coin is likely to repeat the price action of August 2 where BTC plunged to…
Read More »Bitcoin Breaks $12k Overhead Resistance but Overwhelm by Selling Pressure
Today, buyers are retesting the $12,000 resistance but have not sufficiently broken above it. The initial attempt at the resistance pushed BTC to $12,064 high.
Read More »Monthly Analytics: 5 Biggest Losers of July, 2020
The third quarter (Q3) of 2020 seems to turn profitable for all investors who put their money in digital currencies this period. Market prices of major coins including Bitcoin (BTC)…
Read More »Bitcoin SV Struggles in a Price Range, May Resume Uptrend
For the past week, Bitcoin SV has been trapped between $200 and $240. Buyers are unable to retest the $260 overhead resistance because of price restriction. The coin is trading…
Read More »Bitcoin Cash Buy the Dips after an Initial Failure at $340 High
Today, BCH is approaching the high of $330 after its rebound above $290 support. In the August 2nd uptrend, the coin reached a high of $340 but was repelled.
Read More »Bitcoin Cash Recovers Above $280, Targets above $380 High
Today, BCH is still trading above $380 after the recent downturn. In the last four days, there has been no significant price movement.
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