Bitcoin Price Holds Firm Near Highs, More Gains Could Follow
Bitcoin price started a fresh increase and cleared the $80,500 zone. BTC is consolidating and might aim for more gains above the $81,200 level. Bitcoin managed to stay above $78,500 and started a fresh increase. The price is trading above $78,800 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $79,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $79,200 and $78,800 levels. Bitcoin Price Eyes Fresh Highs above $81K Bitcoin price found support near $78,500 and started a fresh....
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Bitcoin has stagnated at the local highs around $10,700 over the past few hours and days. The leading cryptocurrency remains below the highs it set last week prior to the BitMEX news breaking. Analysts are still optimistic about the cryptocurrency despite the ongoing stagnation and relatively weak price action. Bitcoin is expected to move $11,200 in short order if it holds $10,500, some analysts say. BTC investors have long found the $10,500 level important. For […]
Bitcoin has undergone a slight drop since the $16,400 highs. Though analysts think that the cryptocurrency remains bullish as the $16,000 support level holds. Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Bitcoin Could Move Back Toward the Highs as $16,000 Holds Analysts think that Bitcoin could move back toward the […]
Neucoin Price Key Highlights. Neucoin price has been moving sideways both on its short-term and long-term time frames, as buyers and sellers can't establish a strong direction. Zooming in to the short-term time frame reveals a tight range from 0.0000210 to 0.0000225. Neucoin price could be due for a breakout soon, as technical indicators favor further downside. Bears to Gain Traction? Stochastic is already indicating oversold conditions for quite some time, signaling that bearish pressure is building up. Once the oscillator starts turning south, neucoin price could follow suit and break....
Bitcoin price is gearing up for a strong break of the $600 level, determining if longer-term gains are in the cards. Bitcoin Price Key Highlights Bitcoin price staged such a strong rally on Friday that it’s ready to attempt a break past the latest highs at $600. If this area holds as resistance, bitcoin price could retreat towards support at $550. On the other hand, a move past $600 could put it on track to test the record highs at $1,200. Technical Indicators Signals The 100 SMA is still above the 200 SMA somewhat after nearly making a downward crossover late last week. This signals that....
The bitcoin price has continued to build on recent gains, adding $15 over the last week. This represents a 6% increase over the opening price on 2nd March, according to the CoinDesk Bitcoin Price Index. The week's biggest intra-day price swing happened early in the week, when bitcoin hit a high of $286.28, representing a gain of $19.24 from the day's low. Trading sessions ended in positive territory on four consecutive days, from the end of the previous week and into the first days of the week just passed. Some $50 separated the daily low at the start of the sessions and the high at the....