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Bitcoin Price Retests $8,000 Following 21.37% Drop – Is $11,000 Next?

Bitcoin has made a come back following three days of depressive price movements that led to a 21.37 percent drop. The world’s leading cryptocurrency started Sunday while trending in positive territory. The asset’s rate against the…
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Ethereum (ETH) Price Surging: Bulls Eyeing Fresh 2019 High

ETH price started a fresh increase after a sharp downside correction towards $225 against the US Dollar. The price is currently gaining traction and it broke the $240 and $245 resistance levels. There is a crucial bullish trend line in place…
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Bank of England’s Chief Economist Thinks Bitcoin Could Replace Cash

It took bitcoin an 85 percent crash followed by a 135 percent recovery to convince a prominent financial expert about its underlying potential. Andrew G Haldane, the chief economist of the Bank of England, said bitcoin is on its way to replace…
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Bitcoin (BTC) Price Near Inflection Point: Fresh Increase Likely

Bitcoin price declined heavily yesterday and traded close to the $6,650 support against the US Dollar. The price traded as low as $6,645 and it is currently recovering towards the $7,400 level. There is a key bearish trend line forming with…
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Prominent Analyst: Trouble for Bitcoin if Price Corrects Below $7,500

A prominent analyst fears difficulty for bitcoin if its spot rate drops below $7,500. Nick Cote, the chief information officer at US-based Redacted Capital, said holding the $7,500-level is essential for bitcoin as it began correcting from a…
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Ethereum (ETH) Price In Corrective Decrease: Buying Dips Favored

ETH price climbed to a new 2019 high above $200 before correcting lower against the US Dollar. The price declined below the $195 and $190 support levels before the bulls appeared near $182. There is a new connecting bullish trend line forming…
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Bitcoin Price Crosses $7,500 to Establish Fresh 2019 High

The bitcoin price has jumped above $7,500 to discover its fresh yearly high. The world’s largest cryptocurrency established $7,568.32 as its new session peak, bringing its year-to-date net rebound up to 140 percent on San Francisco-based…
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Ethereum (ETH) Price Smashes Resistance: Bulls Target $220 or Higher

ETH price broke the main hurdle near the $178 and $180 resistance levels against the US Dollar. The price even broke the $200 resistance level before starting a downside correction. There is a major bullish trend line in place with support…
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Binance and Coinbase Traffic Spikes as Bitcoin Price Surges 81% YTD

Over a million internet users are visiting Binance every day as the cryptocurrency exchange manages a $40 million hack scandal amidst a bitcoin price boom. Toronto-based Kevin Rooke, known for his insightful crypto-related social media analysis,…
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Bitcoin (BTC) Price Hits $6.5K Target: $6.85K Could Be The Real Test

Bitcoin price extended gains above the $6,400 and $6,440 resistance levels against the US Dollar. The price tested the key $6,500 resistance level as discussed in yesterday’s analysis. Besides, yesterday’s highlighted important bullish…