Bitcoin (BTC) Price Defies Gravity: Next Bullish Break Could Hit $10K

Bitcoin price corrected lower sharply after trading to a new yearly high at $9,390 against the US Dollar. The price remained well bid and it is back above the key $9,000 pivot level. There is a crucial bullish trend line forming with support near $8,780 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to break the $9,260 and $9,300 levels to start the next bullish wave in the near term. Bitcoin price surged higher above $9,000 and $9,300 against the US Dollar.…

Bitcoin (BTC) Price Breaks $9k: Next Possible Target $10K

There were sharp gains in bitcoin price above the $8,000 resistance area against the US Dollar. The price rallied above the $8,500 and $8,800 resistance levels to move into a positive zone. There is a major bullish trend line forming with support near $8,650 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading above the $9,000 level and it could continue higher towards the $10,000 level. Bitcoin price is gaining bullish momentum above $9,000 against the US Dollar. BTC is likely to…

Bitcoin (BTC) Price Hits First Target: Can Bulls Hit $8.8K or $9K?

Bitcoin price is n a positive zone and recently climbed above the $8,500 level against the US Dollar. The price is gaining momentum and it seems like it could even trade towards the $8,800 level. There is a major bullish trend line forming with support near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip a few points, but it remains well bid above the $8,460 pivot level. Bitcoin price extended gains above the $8,500 resistance against the US Dollar. BTC is…

Bitcoin (BTC) On A Roll, Bulls Ecstatic After Italy’s New Tax Proposal

Bitcoin (BTC) expands, up 7.4 percent Capital flight from Italy could end up in Bitcoin By zeroing in and targeting personal saving accounts, Matteo Salvini, the Deputy Prime Minister of Italy, is inadvertently advertising Bitcoin. Resilient and thriving with an unpopular decision, BTC bulls are back. Ending the week strongly, prices are up 7.4 percent from last week’s close. Bitcoin Price Analysis Fundamentals Generally, Bitcoin is a machine, a juggernaut whose benefits is enough to promote the first successful digital asset. Withstanding the test of time, shaking off critics-and governments…

Bitcoin (BTC) Price Gaining Momentum: Break Above $8,500 Likely

Bitcoin price extended gains recently and broke the $8,100 and $8,200 resistances against the US Dollar. The price seems to be setting up for more gains above the $8,300 resistance area. There is a crucial bullish trend line forming with support near $8,140 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is placed nicely above the $8,100 pivot level and it seems like there could be more upsides. Bitcoin price traded to a new weekly high above $8,300 against the US Dollar. BTC is…

Bitcoin (BTC) Ranging, Will Warren’s View Change After July?

Bitcoin (BTC) ranging but up 4.4 percent Adoption depends on the level of BTC awareness Unrelated, Justin Sun may clear any lingering doubt if he successfully convinces Warren Buffet to pour his billions into blockchain and crypto. It will be a momentous breakthrough. Justin will be lauded, perhaps immortalized. However, Bitcoin will be the biggest beneficiary, given its liquidity and popularity. Currently, it is up 4.4 percent and ranging with caps at $8,500. Bitcoin Price Analysis Fundamentals Crypto, and Bitcoin, in particular, is unique. Founded by principles fronting independence and…

Bitcoin (BTC) Price Smashes Resistance: Primed For More Gains

Bitcoin price broke to the upside and cleared the $7,950 and $8,000 barriers against the US Dollar. The price even broke the $8,200 resistance area and it is currently correcting lower. There is another major breakout pattern forming with resistance near $8,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading with a positive bias above the $8,100 and $8,000 support levels. Bitcoin price started a strong rise after it broke the $8,000 barrier against the US Dollar. BTC is back in…

Bitcoin (BTC) Halving In An Electioneering Year, Is LTC Pacesetting?

Bitcoin (BTC) adds 6.1 percent Ahead of next year’s halving, BTC is likely to inch higher Tone Vays, a Bitcoin supporter and a former Financial Analyst at JP Morgan, is edgy of the current uptrend. BTC is ranging, and prices aren’t steady above $8,000. That’s what’s visible in the daily chart. Therefore, unless otherwise there is a break above $8,500 and later $9,100, BTC may topple below $7,500. Bitcoin Price Analysis Fundamentals Thus far, it has been a perfect start for cryptocurrency investors. Recording double-digit gains over the last two…

Bitcoin (BTC) Price Approaching Next Break: Bullish or Bearish?

Bitcoin price recovered recently above $7,900 and $8,000 against the US Dollar. The price failed to stay above $8,000, formed a swing high at $8,080, and recently declined below $7,900. There is a key breakout pattern forming with resistance near $7,940 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently under pressure and there is a risk of more losses below the $7,800 support. Bitcoin price failed to gain momentum above $8,000 and declined recently against the US Dollar. BTC is currently approaching…

Litecoin Outperforms BTC, Analyst Says LTC Could Surge to $150

LTC surges, adds 19.6 percent Halving is catalyzing demand Up five-fold, LTC’s performance is sublime. Ahead of its block reward halving, demand is slated to increase, potentially being a catalyst to drive prices higher. At the time of writing, LTC is up a staggering 19.6 percent from last week’s close. Litecoin Price Analysis Fundamentals A recent poll revealed that the best way of accumulating Bitcoin (BTC) is through altcoins. That is, savvy traders can buy altcoins for cheap and sell high before liquidating for BTC. Behind this view is a…