Bitcoin broke $40,000 on the 7th of January, setting a new record high of $40,180 but quickly made a downward correction following an intense price rejection. This led to the big bull closing at a price of $36,491. Bitcoin reclaimed momentum a day later and retested its previous all-time high which led to the cryptocurrency attaining yet another ATH price […]

Bitcoin has become too expensive to purchase following its wild run-up above $37,500 this Thursday. But the cryptocurrency still provides attractive buying opportunities with lower risk profiles. Investment consultants at TradingShot provided a fractal-based outlook of Bitcoin’s previous parabolic move in 2017 and the price corrections that appeared during the period. They spotted buying patterns around certain technical support levels—provided […]

Elon Musk, the memer of dogecoin and the man who fought the Shortsellers Enrichment Commission (SEC) to win in the end, has become the richest man on earth, dethroning Jeff Bezos and his Amazon empire as the market gives his dreams of Mars and solar roofed cars the top position. Musky is now worth $195 billion, more than ethereum’s entire […]

Bulls have taken full control of Bitcoin’s price action, sending the cryptocurrency rocketing up to $40,000 this morning before it faced some resistance It has since retraced slightly but is still looking strong and could be positioned to rally higher in the near-term Each retrace seems to be providing it with fuel for further momentum, which is a sign that […]

A recent volatile run-up in the Ethereum and Bitcoin markets has exceeded their value into “overbought” regions, as per Relative Strength Indicator (RSI). In retrospect, the RSI is a momentum indicator that measures the magnitude of recent price changes in an asset to determine its overbought or oversold conditions. Displayed as an oscillator, it can have a reading anywhere between […]

Per our last report, the symmetrical triangle breakout required for Bitcoin to smash $37,000 was attained within the last 12 hours. After successfully breaking resistance of $35,500 and $36,500, Bitcoin rose swiftly across the $37,000 price mark and set a new record high of $39,500. At the time of this report, Bitcoin is up by 14.18% with a price of […]

Bitcoin has set a new record high! The most valued cryptocurrency broke $34,000 and surged through $35,800 before retracting to press time price of $34,741. Rest assured that the bulls are still largely in control, according to the trading charts. The one-day market movement mirrors a bullish force that has skillfully rejected the bears. Surely, Bitcoin is poised to retest […]