Bitcoin’s price crossed key resistance yesterday, boosting the prospects of a stronger rally above $ 4,000.
CoinDesk
$8,300: Bitcoin Seeks Direction at Key Price Hurdle
Bitcoin has been struggling to break through the long-term descending trendline, but that could change today.
CoinDesk
$8K? Bitcoin Under Pressure After Rejection at Key Hurdle
Bitcoin’s retreat from the 200-day moving average hurdle may yield a retest of the psychological support of $ 8,000.
CoinDesk
Bitcoin Price: Will Bullish ‘Flip’ Finally Clear $11K Hurdle?
Bitcoin price has remained above $ 10,000 despite its rapid retrace over the weekend when market momentum suddenly fizzled out.
Vays Hints At ‘Bullish’ Daily, Weekly Outlook
After passing $ 11,000 in Sunday trading, BTC/USD peaked at $ 11,283 on Bitstamp before dropping $ 1500 in hours to hit a low of $ 9727.
A correction took prices back over $ 10,000 where they remained into Monday, analysts predicting a ‘flip’ into bullish territory as Bitcoin’s most likely next move.
“The daily [chart] remains bullish and the weekly wants to flip bullish,” Tone Vays told viewers of his latest online trading seminar released late Sunday.
Cryptocurrency Hurdle Is Imminent but the Team Behind the Ethereum-Based Betting Platform XWIN CryptoBet Has a Plan
Whenever there’s a thought drilling through your brain trying to get out and you have no idea quite how to word it to finally let it fly, go to the source. Chances are, there’s somebody out there who knows exactly what they’re talking about and there’s no point in rephrasing that, which is already being articulated with perfect clarity.
You’re not an American if you’re not afraid of housing bubbles, you’re not a capitalist if the current outlook of the financial sector doesn’t give you the chills, and you have no dog in the cryptocurrency fight if what’s happening with the market these last few days doesn’t concern you. But, when it comes to distinguishing, which bubble is “better” for us – financial, housing or tech – the Coindesk’s Managing editor Marc Hochstein makes a very precise point stating that: