Bitcoin Price Analysis and Predictions; September 7, 2021
Bitcoin price surpassed the $52,00 resistance level. The buyers are providing good support and it is likely Bitcoin price reaches $55,000. Here is a summary of Bitcoin in the past 24 hours: Bitcoin surpassed the $51,500 and $52,000 resistance levels. Currently BTC is above $52,000 and the 1-hour candles are above the SMA100 For the […]
Bitcoin On Path to 100k According to Bloomberg
The September Edition of Bloomberg’s Crypto Outlook is extremely bullish on Bitcoin. According to the report, reaching $100k for Bitcoin and $500 for Ethereum “is a path of least resistance”. As Bitcoin is reaching new heights, Bloomberg’s Senior Commodity Strategist Mike McGlone has called it the digital reserve asset. Bitcoin in the Global Financial System […]
Bitcoin Price Analysis and Predictions; September 5, 2021
Bitcoin price is ranging between $49,500 and $50,400. In case the $$49,500 holds the price, there is chance for short-term upward movement. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin is ranging above the $49,500 support level. Currently, BTC is over $49,500 and the 1-hour candles are above the SMA100 […]
Bitcoin Price Analysis and Predictions; September 4, 2021
Bitcoin price grew up to $51,020 yet faced a resistance and had to back down a little before starting a new bullish trend. Surpassing the $51,400 resistance level means a likely growth in short-term is to follow. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin price successfully surpassed the $49,200, […]
China Crackdowns on Bitcoin; Why so harsh? (Opinion)
The China crackdowns on cryptocurrencies were se quick and so harsh as if mining has always been a criminal activity. There are multiple reasons for this decision and speculations are endless. However, in this article we shall discuss one underrated reason on why the China crackdowns happened the way they did. Taking a look at […]
Bitcoin Price Analysis and Predictions; September 2, 2021
Bitcoin price managed to start a new bullish trend above the $48,000 resistance level. Currently Bitcoin price is above $49,500 and by reaching $50K, the bull run will gain momentum. Here is a summary of Bitcoin price in the past 24 hours: BTC broke the $48,500 and $49,000 resistance levels. Currently Bitcoin is well-above $49,000 […]
Bitcoin Price Analysis and Predictions; August 31, 2021
Bitcoin price found good support at around $47,150 and started an upward trend. BTC needs to stabilize above the SMA100 in order to have further growth. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin Price Action Analysis In a brutal bear run, Bitcoin price broke the $48,000 support and even […]
Bitcoin Price Analysis and Predictions; August 26, 2021
Bitcoin price found good support at around $47,150 and started an upward trend. BTC needs to stabilize above the SMA100 in order to have further growth. Here is a summary of Bitcoin price in the past 24 hours: BTC had a dip all the way down to $47,000 Currently, Bitcoin price is around $47,000 and […]
Bitcoin Price Analysis and Predictions; August 25, 2021
Bitcoin price had to back down a bit after touching the $50,000. It is likely that it would go below the $47,600 in short-term. Here is a summary of Bitcoin in the past 24 hours: Bitcoin price failed to stabilize above $50,000 and started a downward trend. Currently, BTC is below $48,600 and the 1-hour […]
Bitcoin Price Analysis and Predictions; August 23, 2021
Rejoice! Bitcoin price is on a new bull run and has touched $50,000. It is likely the price surpasses the $50,300 during this run. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin managed to break the $48,000 and $48,500 with a strong bullish run. Currently, Bitcoin price is above $48,000 […]
BTC Chart Analysis and Predictions; August 21, 2021
Taking a look at the BTC chart, we see the price entering the $49,000 zone. The $49,500 resistance level did not allow the BTC to grow any further. There is a good chance for BTC to grow further. Here is a summary of BTC chart in the past 24 hours: BTC managed to surpass the […]
Bitcoin Chart Analysis and Predictions; August 15, 2021
Taking a look at the Bitcoin chart, the price has come down to $45,950. The buyers provided support at around $46,200 zone and kept the price from further decline. Here is a summary of Bitcoin chart in the past 24 hours: With a bearish trend, Bitcoin price moved below the $47,000 and $46,500 support levels. […]