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Bitcoin Price Watch: BTC/USD’s Bullish Break Underway

Key Points Bitcoin price slowly climbed above a major resistance area near $6,300 against the US Dollar. There was a break above two important bearish trend lines near $6,310 and $6,350 on the hourly chart of the BTC/USD pair (data feed from…
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Bitcoin (BTC) Technical Analysis: Purging “Useless” Coins Will Pump Bitcoin to $20,000 Says Clam Chambers

Like most coins, there is some upward pressure for Bitcoin and what a time to capitalize on. In the past week or so, we have seen the influence of $6,000 our main support line and 2018 lows. Because of these developments, odds of further gains…
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Bitcoin Price Weekly Analysis: BTC/USD Showing Recovery Signs

Key Points Bitcoin price made a short-term low near $5,800 and bounced back against the US Dollar. There was a break above a key bearish trend line with resistance at $6,280 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The…
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Bitcoin Price Watch: BTC/USD Broke Key Support

Key Points Bitcoin price broke down and cleared a major support near the $6,000 level against the US Dollar. Yesterday’s highlighted declining channel with support at $5,950 was breached on the hourly chart of the BTC/USD pair (data feed…