Posts Tagged: Bitcoin technical analysis

Bitcoin on the Rise Again, Just Hit an All-Time High Briefly

The crypto market is currently locked into an aggressive bull run that has seen plenty of coins hit all-time highs. We’re talking mainly about Bitcoin’s continued rise. Early on Tuesday, Bitcoin rose to $68,000 for a moment before the price fell down. It broke the previous all-time high set in

JPMorgan Now Believes that Bitcoin Can Reach Almost $150,000 in the Long Run

Bitcoin’s recent price run has been in the headlines for a while now. It has made many institutions and even governments rethink their stance on the cryptocurrency, with many banks beginning to roll out crypto services. Wall Street itself has been overwhelmed with cryptos, which isn’t that much of a

Bitcoin’s Price Plunges Dramatically After Yet Another 10% Drop

After a month of price boosts, Bitcoin’s price had dropped dramatically once again. A few days ago, the price dropped sharply in the midst of a global equity markets decline. Investors began unloading their assets as a result, dropping the price even further. El Salvador’s BTC adoption as legal tender

$50,000 Out of Reach for Bitcoin, but Bulls Target a Move Back to $49,000

It’s been a crazy few months for Bitcoin, first falling to the depths under $20,000 only to recover unexpectedly and rise toward $50K once again. In the past week or so, the leading cryptocurrency has been on a roll, constantly fluctuating between $45,000 and $50,000. It has broken the upper

Bitcoin Aims for the $50,000 Resistance, Support Now at $40,000

Bitcoin’s price has seen some development in the past week, but only for a while before stalling. It seems that the world’s leading cryptocurrency is locked in a tight squeeze, being unable to get over the mid $40,000 range. Buyers are still looking forward to the $50,000 resistance level, with

Yet Another Bitcoin Price Slip

The Bitcoin market is clearly in a downward trend, after yet another major price decline among a brutal sell-off. The sell-off was initiated after the unveiling of the Colonial Pipeline attack by hacker group DarkSide. FBI officials have managed to recover part of the $5 million ransom paid to the

Bitcoin Price Soars Amidst USA-Iran Tensions

After months of falling into an abyss that could have spelled its doom, Bitcoin’s price is finally up a notch. Sadly, it might have been inspired by bad news. As tensions arise in the Middle East, Bitcoin’s price has soared high along with gold and oil prices. Prices fuelled by

Bitcoin Volatility Stabilizing; What Will October Bring?

We have seen the digital currency flying all over the chart in the course of the last 30 days, but as August draws to a close, calmer days seem to have come for Bitcoin. On Sunday, August 25th, the cryptocurrency reached its lowest volatility of 64%, and seemed to be

Another Bitcoin Price Drop; Upcoming Events Could Have a Bullish Effect

The past week has seen some massive fluctuations in the world of Bitcoin, proving volatility to be in the core of the cryptocurrency. Bitcoin experts and holders alike are constantly on the lookout for new indications that could give some insight as to the upcoming shift in marketplace. Still, as