NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Bitcoin Could be Heading to $14,000 if Resistance Breaks Again

Martin Young
Martin Young
6 years ago
2 mins read
Bitcoin Crypto Market Altcoins BCH ETH XRP BNB ADA TRX EOS

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Another big move by Bitcoin has seen the king of crypto break a crucial level of resistance which could result in greater gains this week. There is no denying the momentum at the moment as altcoins continue to get devoured by an increasing BTC market dominance.

Bitcoin Breaks $13,000

Looking at the closing candles when BTC last broke the $13k barrier could indicate where it is going next. On the day chart both candles closed below this level despite bitcoin hitting a yearly high of $13,800. A close above $13k on the daily candle may spell another push higher to $14k.

https://twitter.com/Josh_Rager/status/1148776132239642626

Yet again BTC has made a move during the morning’s Asian trading session when it broke $13,000 according to Tradingview.com. The top of $13,150 was touched a couple of hours ago before a slight retreat back below $13k.

bitcoin
BTC price 24 hours. Coinmarketcap.com

From an intraday low of around $12,100, it has turned into another thousand dollar day for Bitcoin adding 8 percent from that dip. Daily volume has pushed towards $30 billion as market capitalization has reached $230 billion.

Trader ‘CryptoFibonacci’ predicted the move which played out a couple of hours ago.

“A lot of interesting confluences here. Still expecting to see 13,200 before any kind of bigger pullback.

…
Bingo!!
Now, if it can break 13,200, the real fun begins.”

$BTC 4 hour Chart.

A lot of interesting confluences here. Still expecting to see 13,200 before any kind of bigger pullback.#BTC pic.twitter.com/AC1Ph9VIJv

— CryptoFibonacci (@CryptoFib) July 10, 2019

$14,000 is also a key level as there is very little resistance above this all the way up to $17,000. First things first, however, and BTC must close above $13k today to make any further headway.

BTC Dominance Tops 67%

From a market dominance aspect Bitcoin is doing even better and is at its highest share since December 2017. According to Tradingview BTC market share hit 67.8 percent a few hours ago. This has absolutely obliterated the altcoins, most of which are dumping today.

The top ten is all in the red with Ethereum, XRP, Bitcoin Cash, Litecoin and EOS all dropping between 2 and 4 percent at the moment. Binance Coin, Cardano, Stellar, Dash and NEO have dumped 5 percent as the altcoin exodus accelerates.

Total crypto market capitalization is currently over $350 billion with BTC responsible for most of those gains. Those holding altcoins are in a world of pain, with many starting to panic sell which simply exacerbates the problem. There are still calls for ‘altseason’ but the higher Bitcoin climbs the more distant they will be heard.

The higher cap crypto assets such as ETH, XRP, LTC and EOS are likely to recover first when altcoins finally do awake but at the moment BTC is still in the driving seat dominating markets like its mid 2017!

Image from Shutterstock

 

Tweet123Share293ShareSend
Martin Young
Martin Young

Martin Young

Martin is a Southeast Asia based info-tech, cyber security, and cryptocurrency analyst with 20 years working in web technology and media.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin strmoglavil, HYPER na 17 mio$

Napoved cene Bitcoina je ponovno v središču pozornosti po strmem padcu za 2,91 % v zadnjih 24 urah. BTC je...

tanjapotocnik 1 hour ago

Ethereum OI: la più grande correzione dall’inizio del 2024 – Analisi dettagliata

Ethereum è sceso sotto la soglia dei 4.000 dollari per la prima volta dall’inizio di agosto, segnando un cambiamento significativo...

clararosati 2 hours ago
dogecoin

Dogecoin на пороге прорыва: прогнозируемый рост до 800%

Dogecoin (DOGE) уже давно стал символом мемкоинов и примером того, как шутка может превратиться в серьезный финансовый инструмент. За годы...

daria 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

pump fun

Q4 najboljši za Pump Fun: Konec za PUMP in Solano?

tanjapotocnik 25 minutes ago
dogecoin

Dogecoin pada, MaxiDoge raste – naslednji 1000x dragulj

tanjapotocnik 33 minutes ago
dogecoin market price

Πρόβλεψη τιμής Dogecoin καθώς το νέο ETF DOJE ξεπερνά τα 21 εκατ. USD AUM

Ιωάννης Ριζόπουλος 55 minutes ago

Premium Sponsors

Press Releases

  • 重要な経済指標を前に、市場は警戒感を強める

    ビットコイン 今後...

    3 minutes ago
  • パイネットワーク...

    12 minutes ago
  • Kriptobálnák hagyják el a Shiba Inut ezért a tokenért, amelynek ára 0,03 Ft, célja 12 000 Ft

    Kriptobálnák hagyják el a Shiba Inut ezért a tokenért...

    28 minutes ago
  • Ez a Shiba Inu (SHIB) alternatíva a következő hetekben előzhet és ugorhat 0,03 Ft-ról 6 000 Ft-ra

    Ez a Shiba Inu (SHIB) alternatíva a következő hetekben...

    43 minutes ago
  • ドージコイン 今後:1ドル到達が避けられないと予測される理由

    ドージコイン...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.