-Bitcoin news, price, information & analysis
Bitcoin Price Key Highlights Bitcoin price has broken past the neckline of a short-term double bottom to signal that an uptrend is underway. Price is also in the middle of forming a longer-term double bottom visible on its 4-hour chart. Bitcoin has yet to test the neckline on...
Bitcoin Price Key Highlights Bitcoin price looks ready to confirm its double bottom reversal formation as it tests the neckline. A break higher could lead to a rally that’s the same height as the chart formation, which spans $6,100 to $6,650. Technical indicators, however, are reflecting bullish exhaustion....
Billionaire Bitcoin enthusiast Tim Draper remains confident that the dominant cryptocurrency will reach his famous $250,000 price target by 2022. Tim Draper Expects Crypto Age to be ‘Bigger Than the Internet Ever Was’ The venture capitalist known for his early stakes in Tesla, Skype, and Hotmail, was interviewed by TheStreet...
Key Points Bitcoin price recently dipped and then rallied above the $6,400 level against the US Dollar. There was a break above two bearish trend lines with resistance at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting lower,...
Bitcoin Price Key Highlights Bitcoin price tossed and turned around current support levels but is still on track to complete a double bottom pattern. Price is making its way closer to the neckline around the $6,600 level and a break higher could confirm an uptrend. Technical indicators are...
Key Points Bitcoin price started an upside move after trading as low as $6,202 against the US Dollar. There was a break above a key bearish trend line with resistance at $6,340 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue...
Bitcoin Price Key Highlights Bitcoin price is forming higher highs and higher lows inside an ascending trend channel on the 1-hour chart. Price just bounced off the channel bottom and may be due for a test of the resistance at $6,600. There are nearby inflection points at the...
Key Points Bitcoin price declined recently and broke the $6,450 and $6,400 support levels against the US Dollar. There was a break below a major bullish trend line with support at $6,440 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may perhaps...
Bitcoin Price Key Highlights Bitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards. Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure. Technical indicators are showing that...
Bitcoin Price Key Highlights Bitcoin price appears to be gaining some traction off its recent bounce, possibly forming another double bottom. This is a classic reversal formation, so a rally could be due once price breaks past the $7,400 neckline. Technical indicators, however, are suggesting that the selloff...
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