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Bitcoin and Altcoins Trading Near Make-or-Break Levels


This week, bitcoin price started a slow and steady decline from the USD 10,500 resistance area. BTC/USD is currently (08:00 UTC) trading below the USD 10,250 and USD 10,200 support levels. The current price action suggests high chances of more downsides in the coming sessions. Similarly, most major...

Bitcoin and Altcoins Continue To Follow Bearish Path


Yesterday, we saw a strong bearish reaction in bitcoin near the USD 10,500 resistance level. As a result, BTC/USD started a fresh decline below the USD 10,400 and USD 10,320 levels. The price is now trading near USD 10,200 and it seems like the bears are eyeing more downsides in the coming...

Bitcoin and Altcoins In Downtrend Despite Recent Bounce


This past week, there were mostly bearish moves in bitcoin price below the USD 10,500 and USD 10,200 levels. BTC/USD even revisited the USD 9,750 support area and it recently started an upside correction. The price surged above USD 10,200 and USD 10,300, but the main resistance near the USD 10,500...

Bitcoin vs. Altcoins: Explaining the Difference


When it comes to the cryptocurrencies, Bitcoin is regarded as the king in the stable. It was the first cryptocurrency that debuted in the market to end the dominance of Fiat currencies and since its inception, Bitcoin continues to remain the largest cryptocurrency by market capitalization. It...

Bitcoin and Altcoins Rebound Likely To Face Hurdles


After a downward move, bitcoin price found support near USD 9,750 and recently started an upside correction. BTC/USD climbed above the USD 10,000 resistance, but it is still facing many important hurdles near USD 10,000, USD 10,280 and USD 10,320. Similarly, ethereum, ripple, bitcoin cash, binance...

Bitcoin and Altcoins Trading With Bearish Bias


In the past few sessions, there were mostly bearish moves in bitcoin price below the USD 10,200 and USD 10,000 support levels. BTC/USD tested the last swing low near USD 9,750 and it is currently (08:00 UTC) correcting higher. However, upsides are likely to face a lot of hurdles near the USD 10,150...

Bitcoin and Altcoins Retreating From Recent Highs


Yesterday, we saw a decent upward move in bitcoin price above the USD 10,750 resistance. However, BTC/USD struggled to continue above the USD 10,900 and USD 11,000 resistance levels. As a result, there was a fresh decrease and the price declined sharply below the USD 10,650 and USD 10,500 support...

Bitcoin and Altcoins Poised for Further Appreciation


This week, bitcoin price started a strong recovery above the USD 10,200 and USD 10,500 resistance levels. BTC/USD even climbed above the USD 10,650 resistance. It opened the doors for more upsides and the price recently climbed above USD 10,800. Similarly, there were positive moves in a few major...

Bitcoin and Altcoins Rebound Facing Resistance


This past week, bitcoin price extended its decline and even traded below the USD 10,000 support. BTC/USD tested the USD 9,500 support area and recently started an upside correction. The price gained more than 5% and is currently (08:10 UTC) trading above the USD 10,500 resistance. However, there...

Bitcoin and Altcoins at Continued Risk of Weakness


After a strong decline, bitcoin price recovered above the USD 10,000 resistance level. BTC/USD even traded above USD 10,150, but it struggled to gain strength above USD 10,350 and USD 10,400. As a result, the bears took back control and pushed the price back below the USD 10,000 support level....

Bitcoin and Altcoins Breakdown Could Trigger Additional Losses


This week, we saw a steady decline in bitcoin price below the USD 11,200 and USD 11,000 support levels. Yesterday, we discussed the chances of bearish continuation below the USD 10,500 support area. BTC/USD did move down and fell significantly below the USD 10,000 support. Also, altcoins failed...

Bitcoin Signaling Downtrend While Altcoins Holding Ground


This week, bitcoin price declined steadily below the USD 11,500 support. Recently, there was a sharp increase in selling, resulting in a bearish break below the USD 11,200 and USD 11,000 supports. BTC/USD even broke the key USD 10,750 support and moved into a downtrend. On the other hand, most...

Bitcoin and Altcoins at Risk of Further Declines


Recently, there was a minor upside correction in bitcoin price above USD 11,400. However, BTC/USD struggled to continue above the USD 11,500 resistance. The current price action indicates a negative bias and it seems like BTC might continue to weaken in the near term. Similarly, there were bearish...

Bitcoin and Altcoins Target Fresh Monthly Lows


This past week, bitcoin price traded to a new monthly high close to USD 12,320 before starting a major downside correction. BTC/USD broke the key USD 11,800 and USD 11,500 support levels. It tested the USD 11,200 support area and is currently (08:00 UTC) correcting higher. However, upsides...

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