Bitcoin Cash Trades Marginally below $800 Resistance, Faces Frequent Rejection
Bitcoin Cash (BCH) rebounded above $680 support to resume an upward move. The current uptrend is targeted to retest or break the $800 resistance. For the past three days, BCH…
Read More »Bitcoin Holds above $34,000 Support, Poises to Reclaim the $40,000 High
Bitcoin (BTC) survives bearish onslaught above the $34,000 support. Today, sellers pushed BTC's price to the $34,500 low and it rebounded above the current support. This will be the third…
Read More »Bitcoin Cash Fluctuates below $900 Resistance, Upward Move Likely
Bitcoin Cash (BCH) has recovered as it rebounded above the $500 support. Now the upward move is being threatened by the resistance at $900.
Read More »Bitcoin Hovers above $35,000 Support Amidst Bullish Expectation
For the past week, the Bitcoin bearish run has subsided. Today, the BTC price has been consolidating above the $35,000 support. The price movement has been relatively stable on the…
Read More »China’s Ban on Cryptocurrency Forced Bitcoin to Touch $30k
The restriction imposed on cryptocurrency services providers by China has made the entire digital currency market hit a snag. The price of Bitcoin, the largest crypto asset by market cap,…
Read More »Bitcoin Cash Price Continues Its Bearish Run, as Bears Gain More Ground
Bitcoin Cash (BCH) has resumed selling pressure after a week of range-bound movement between $1,300 and $1,600. The bears overwhelmed the bulls as they broke the $1,300 support.
Read More »Fear and Negative Sentiment in the Cryptocurrency Market has Seen Bitcoin Fall Below $40,000
According to the current statistics, the cryptocurrency fear and greed index has dropped to ‘extreme fear’ levels and has never been seen for more than one year ago. This fear…
Read More »Elon Musk ReversesMarket Trend but Cryptocurrency Prices Regain After Collapse
Elon Musk posted a tweet on the high energy consumption of Bitcoin (BTC), which caused a serious downtrend for most major cryptocurrencies including Ethereum (ETH), Binance Coin (BNB), XRP (XRP),…
Read More »Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low
Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000…
Read More »Bitcoin Cash in Sideways Move, Battles Resistance at $1,600
On May 12, Bitcoin Cash (BCH) is fluctuating between levels $1,300 and $1,600. On the downside, if the bears break below the $1,300 support, the market will further decline to…
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