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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 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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BitMEX CEO: Bitcoin Will Move to $50,000 by the End of 2018

Bitcoin has recently hit weekly highs after a quick bounce off a $5,800 low, BitMEX’s CEO calls for further moves upwards. Bitcoin See Volume Pump, Moving $600 Upwards Within 5 Hours. On Friday night, Bitcoin saw an unexpected surge in…
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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…