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Bitcoin and Altcoins Trading Near Make-or-Break Levels


Yesterday, we saw a decent rise in bitcoin price above the USD 10,000 level, but also discussed hurdles near the USD 10,200 level. BTC/USD failed to continue above USD 10,200 and it started a downside correction. The price declined below USD 10,000 and tested the USD 9,650 support. Similarly, there...

Bitcoin and Altcoins Rebound But Facing Uphill Task


This week, we saw a downside extension in bitcoin and altcoins. BTC/USD broke the USD 10,000 and USD 9,800 support levels. However, the USD 9,500 level acted as a decent support, resulting in the start of an upside correction. The price gained nearly 5% in the past three sessions and even settled...

Bitcoin and Altcoins Showing Signs of Continuing Weakness


Yesterday, we discussed the chances of more downsides in bitcoin price if it breaks the USD 10,000 support. BTC/USD did trade below the USD 10,000 support and it might continue to slide in the coming sessions. Similarly, there were bearish moves in most major altcoins, including ethereum, bitcoin...

Bitcoin and Altcoins at Risk of Further Losses


Recently, bitcoin price made an attempt to break higher above the USD 10,800 resistance level. However, the bulls failed to gain momentum, resulting in a bearish reaction below USD 10,500. BTC/USD declined more than 4% today and it seems like there could be more losses in the near term below...

Bitcoin and Altcoins Likely Bracing for Next Key Break


This past week, bitcoin and altcoins started a solid recovery after a downside extension. BTC/USD traded above the USD 10,000 and USD 10,600 resistance levels. It even broke the USD 11,000 resistance and recently started a downside correction. Similarly, there was a convincing rebound in major...

Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity


Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read:...

Bitcoin and Altcoins Gaining Momentum


This week was mostly bearish, with strong downward moves in bitcoin and altcoins. Recently, BTC/USD found support near the USD 9,250 level and started a strong recovery. The bulls were able to break a couple of important resistances near the USD 10,000 and USD 10,200 levels. The price tested...

Half of the Top 100 Altcoins Jump Against Bitcoin, Dominance Slips


The market is looking better for altcoins as they are trying to regain their positions, while half of the top 100 altcoins advanced against bitcoin in the previous week. Also, at the time when bitcoin dominance dropping, traders across the cryptosphere are trying to guess if bitcoin will go lower...

Bitcoin and Altcoins Correcting Losses But Bulls Might Face Hurdles


Yesterday, we saw a downside extension in bitcoin and altcoins. BTC/USD traded towards the USD 9,000 support and it is currently correcting higher. There was a clear break above the USD 9,500 and USD 9,600 resistance levels. However, the price might face a few important hurdles on the upside near...

Bitcoin and Altcoins Signaling Bearish Continuation


Yesterday, we discussed the importance of the USD 11,000 resistance. BTC/USD made an attempt to continue higher, but the bulls failed to gain momentum. As a result, bitcoin price started a fresh decline and broke a few important supports near the USD 10,200 and USD 10,000 level. The price declined...

Bitcoin and Altcoins Recovery Could Accelerate if BTC Breaks USD 11K


There was a significant decline in bitcoin and altcoins in the past three days. BTC/USD even tested the USD 9,800 level and recently formed a support base near USD 10,000. As a result, the price started an upside correction and broke the USD 10,400 and USD 10,600 resistance levels. Similarly, there...

Bitcoin and Altcoins Trend Turns Bearish


This past week, bitcoin and altcoins struggled to continue higher. BTC/USD topped near the USD 13,000 resistance area and recently started a significant downward move below USD 12,000 and USD 11,000. The price dipped more than USD 1,000 in a few hours and tested the USD 10,000 support area....

Bitcoin and Altcoins Could Stage Short Term Recovery


Recently, there was a significant drop in bitcoin price below the USD 12,500 and USD 12,000 support levels. BTC/USD traded close to the USD 11,000 support level and later started consolidating losses. It is currently (06:30 UTC) correcting higher, but it might face hurdles near USD 11,650 and...

Bitcoin and Altcoins Take Hit, Bears in Driver’s Seat


Recently, bitcoin price faced a strong resistance near the USD 13,100 and USD 13,150 levels. BTC/USD made a few attempts to continue higher, but it failed. As a result, there was a sharp decline below the USD 12,600 and USD 12,000 support levels. It tumbled more than 10% and traded close to the...

Bitcoin Primed for More Gains Whereas Altcoins Bleed


After yesterday’s rise, bitcoin price extended gains above the USD 12,500 and USD 12,800 resistance levels. BTC/USD even broke the USD 13,000 resistance and traded close to the USD 13,150 level. On the other hand, most major altcoins, including ethereum, ripple, bitcoin cash, EOS, litecoin,...

Bitcoin Rallies Closer to USD 13,000, Altcoins Struggle to Keep Up


The number one cryptocurrency, bitcoin, continues to defend its position as digital gold, with gains of 11% in the past 24 hours. Meanwhile, nearly all altcoins in the top 100 are in the red relative to bitcoin over the same time period. At pixel time (05:19 UTC), bitcoin trades at c. USD 12,740...

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