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Bitcoin And Altcoins Trading Near Make-or-Break Levels


In the past few hours, bitcoin price traded with a bullish angle above USD 6,700. BTC/USD managed to climb above the USD 6,850 resistance area, but it is still below the USD 7,000 and USD 7,200 resistance levels. Moving forward, it could either surge above USD 7,200 or start a fresh decline towards...

Bitcoin and Altcoins Trading Near Crucial Juncture


After testing the USD 7,650 support area, bitcoin price started a short term upside correction. However, BTC/USD struggled to gain bullish momentum above the USD 8,000 and USD 8,080 levels. The price is currently (08:30 UTC) consolidating below USD 8,000 and it seems to be preparing for the next...

German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin ATMs


Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin. The regulator recently clarified what crypto service...

Bitcoin and Altcoins Trading Near Crucial Juncture


This past week, bitcoin fell more than 5% and it settled below the USD 8,850 support area. BTC/USD even spiked on a couple of occasions below the USD 8,550 and USD 8,500 support levels. It is currently (08:00 UTC) consolidating losses above USD 8,500 and it could either recover towards USD 9,000...

ETH Records 26.34% Hike in the Last Week as it Consolidates Near $270


Ethereum’s value against USD has been hyped by 26.34% in the last week It may soon touch the next resistance point at $275 Currently, ETH price consolidates around $270 level Ethereum has witnessed one of the most rewarding weeks of this year, as it is now eyeing a $300 price mark. Over the last...

BTC Holds Strong Possibility of a Bullish Breakout in the Near-term


Bitcoin, at the time of writing this analysis, was trading at $8,647.05 on Bitstamp, seems to be preparing for another consistent higher high trend BTC/USD retains imminent support from the daily moving and hourly moving averages as it hits above $8,500 after testing supports around $8,200...

This Bitcoin Price Cycle to Be Longer, Expect Moderate Gains Near-Term


Bitcoin (BTC) may have already entered the fourth bullish price cycle in its history, with each cycle longer than the previous one. If true, only moderate price gains should be expected in the near-term, as the strongest gains are typically seen towards the end of the cycle, a new report from...

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