Bitcoin price started a sharp decline and it tested the $51,250 zone against the US Dollar. The price is now trading well below $58,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $58,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase)....

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Bitcoin price fights to stay above the $56,000 shirt-term support; bulls look toward $60,000. Bears likely to have their way amid the incoming options expiry as Bitcoin risks plunging under $50,000. Bitcoin has assumed consolidation after stepping marginally above $56,000. The flagship cryptocurrency had experienced a 74% growth in three months before the April 18

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Bitcoin price is holding the $55,000 support zone against the US Dollar. BTC must clear the $57,000 resistance and the 100 hourly SMA to move into a positive zone. Bitcoin is somehow holding the $55,000 and $54,500 support levels. The price is now facing a strong resistance near $57,500 and the 100 hourly simple moving […]

$1.55 billion in Bitcoin options are set to expire on April 23 and the recent BTC crash to $51,000 has given bears a $340 million advantage.

Months ago when Bitcoin price made it through $13,000 top analysts said “the train has left the station,” and they were right. Or maybe a rocketship would have been a better analogy. The cryptocurrency took off and has yet to refuel, until now. With momentum waning, bears have staged an “island reversal” that could push […]

After a record weekend liquidation, Bitcoin price bounced back above $57,000 – gaining back approximately $3,000. At 14:21 GMT on Monday, the price of the coin was trading at $56,367, at a gain of 2.32% in the last 24 hours. The Sunday fall saw about $9.79 billion bleed out of long positions getting “rekt,” making […]

Cryptocurrencies have so far become more than just a passing fad. These assets represent the future of global finance and money, and they are on a significant rise that can’t possibly be denied. Since January, Bitcoin alone has risen by almost 100 percent. The asset has broken its previous all-time record high of $20,000, and it settled above the $50,000 mark just two weeks ago. It has been an impressive year for Bitcoin to say the least, and the numbers suggest that even more growth could be coming from the leading cryptocurrency. Institutional acceptance is notable There are several reasons

BTC price bounces to $55,200 after huge sell-off but bears could still sink it…

The post Bitcoin price outlook: BTC seeks to bounce off $54k after sell-off appeared first on Coin Journal.

Purchasers are losing strength as potential gain force eases back. The general strength list (RSI) on the hourly graph enrolled lower highs in spite of the breakout above $61,000. Overbought signals on the RSI regularly bring about brief pullbacks like the 5% drop in BTC back on March 10. The new record-breaking high around $64,800 is currently obstruction; purchasers should [...]

The post Asian Institutional Investment Expected to Grow Despite Bitcoin Price Struggle appeared first on Coin News Asia.

TL;DR Breakdown BTC finds support at $54,000. Closest resistance at $55,500. Next major resistance at $57,000 Today’s Bitcoin price prediction is bullish as the market rejects further downside after failing to move below the $54,000 support. Therefore, we expect BTC/USD to move higher over the next 24 hours as bulls look to set a higher […]

Bitcoin price struggled to recover above $57,500 against the US Dollar. BTC is now declining and it remains at a risk of more downsides towards $52,000. Bitcoin is facing an uphill task above the $57,000 and $57,500 levels. The price is now trading well below the $57,000 level and the 100 hourly simple moving average. […]