Tags : Level

Market

Market Wrap: Bitcoin Rallies On After Passing $50K Psychological Level

Bitcoin broke above $52,000 Wednesday, with a market capitalization nearing $1 trillion. Bitcoin (BTC) trading around $52,231.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.16% over the previous 24 hours. Bitcoin’s 24-hour range: $48,430.80-$52,536.47 (CoinDesk 20) BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for market technicians. […]Read More

Bitcoin

Bitcoin Price Plunges as Bulls Fail to Break One Crucial

It has been a rocky past few days for Bitcoin, with the crypto seeing mixed price action that has muddied the clarity that investors previously had regarding its trend The selling pressure it has been facing over the past few days and weeks has been quite intense, making it increasingly unclear as to where it […]Read More

Bitcoin

Data Suggests Whales are Keen on Protecting One Key Bitcoin

Bitcoin has seen some choppy price action throughout the past couple of days, with buyers and sellers largely reaching an impasse Following a swift overnight decline, Bitcoin has posted a strong rebound that has allowed it to surge back to $36,000 Where it trends next will undoubtedly depend on whether or not buyers can flip […]Read More

Ethereum

Why $7,050 is the Level to Watch During Bitcoin’s (BTC)

In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300.  At the same time, its trade volume has been dropping together with its dominance in the crypto markets.  In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on a slow and […]Read More

Bitcoin

Here’s the Crucial Level Bulls Need to Flip to Propel

Bitcoin has seen some immense volatility over the past couple of days, with bulls and bears ardently battling for control over the lower-$30,000 region The key support here has been tested on a few occasions, but bulls have been able to guard against any intense selloff If BTC can continue building a strong base of […]Read More