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Recovery in Doubt as Bitcoin Price Drops Out of Bullish Channel

Bitcoin is painting a less bullish picture than 24 hours ago, following a drop out of an ascending price channel. Stepping back, the leading cryptocurrency picked up a strong bid at $6,200 on Oct. 31, keeping the crucial 21-month EMA support…
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Prominent Analyst: Crypto Market is Undergoing a Clear Breakout

After months in a seemingly endless downtrend, which saw the aggregate value of all crypto assets see a 75% haircut, analysis done by one of this industry’s best illustrates the fact that this market could finally be undergoing a breakout. “Output:…
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Bitcoin Price Watch: BTC/USD Turned Bullish Above $6,400

Key Points Bitcoin price surged higher recently and broke the $6,350 and $6,375 resistances against the US Dollar. There was a break above a major contracting triangle with resistance at $6,350 on the hourly chart of the BTC/USD pair (data…
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Price Stable, XMR is Bullish above $100

36 hours after hard forking and Monero buyers are yet to confirm Oct 15 gains. If anything, there seems to be resistance for upsides and this is negative for bulls. Anyhow, we suggest aggressive buyers to load at spot prices with stops at $190…
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Institutional Interest in Crypto During Bearish Times is Bullish

An oversold market makes the best time to enter. And experts believe it is happening with crypto industry as it retains a yearly bearish bias. The significant dip seen in 2018, followed by consecutive strong rebounds from a specific bottom…