Bitcoin

The BTC/USD price is currently within a range under the significant hurdle at $8200, suggesting a short-term accumulation stage. The price may rise to over $8200, or it could decline to $7700 to a modest bounce. Bitcoin bulls succeeded in pushing the price to over $8000, despite the resistance. The price established a level over the 100 hourly SMA, although it struggled to rise over the hurdle at $8200. Analyzing BTC/USD Hourly Chart The BTC/USD hourly chart shows a modest…

On the 12th of January 2020, Bitcoin ads from eToro got displayed during Tottenham and Liverpool’s march. The act was exceptional since it is the first one of its kind.  In 2019, eToro signed a deal with Brighton, Hove Albion, Cardiff City, Crystal Palace, Leicester City, Newcastle United, and Southampton. These clubs got paid for Bitcoin advertisements, and eToro seems to display the Bitcoin ads when notable matches are going. In this case, millions of individuals watch the premier league…

The coming Bitcoin halving in May 2020 is making crypto participants focus on the digital currency. Many expect an impressive Bitcoin upsurge after the halving.  However, some people believe that Bitcoin’s price will significantly rise, even without taking the halving into account. A recent report revealed that Bitcoin can offer investors 100% returns in 2020. The report further claimed the possibility of Bitcoin rising exponentially, even before the halving happening in May. Crypto Enthusiasts on Factors Affecting Bitcoin Price Fundstrat…

Most people have presented their criticisms in light of the BTC mining processes presented as contentious aspects. This is an enlightenment of the sensitive nature that is presented in the BTC mining process. Also, many individuals in society present their financial freedom, all based at the expense of environmental depletion. Following these claims that have been decided by various individuals is also following insights of possessing decentralized currency that shows unbalanced environmental expenses, basing gold as a significant store-of-value that…

The BTCUSD pair recorded a decline after lacking a significant push over the $8,500 hurdle. Currently, the pair is forming support close to the $7,750 to 7,600 level. Furthermore, based on the recent periods and records of the price values, various buyers have indulged in the purchase of the digital currency based on an initiated push that fell under $8,000. It further showed a stabilization under the same zone, presenting the 100-hourly SMA.  Current Prices  The current prices of the…

Generally, the current BTC/USD price pair significantly shattered powerful resistance that was closely ranged between $7,500 and $8,000. Following Bitcoin's immense upsurge, the price rise expectations are anticipated through amounts ranging from $9,100 to an even $10,000 this year. Also, following major upside moves of the BTC value complemented the critical assurance over the $7,500 hurdle, and also daily chart reports on BTC/USD also showed various significant breaks that were bullish.  BTCUSD Daily Charts Based on the daily charts of the BTC/USD pair observed,…

The price of BTC/USD rose by over 5% above the $7700 and $7800 hurdles. The bitcoin price visited the limitation at $8000 and may soon drop. Yesterday, there was an establishment that chances of the price to rise towards the hurdles at $7800 and $8000. Nevertheless, it overcame every hurdle and surpassed the hurdle zone at $7800. Additionally, the price crossed the $7700 pivot level and the hourly SMA. Analyzing the Hourly BTC/USD Chart The BTC/USD hourly chart shows a…

Bitcoin is the most renowned of all cryptocurrencies in the market. Recently, the digital coin celebrated its 11th anniversary, as it is successful since its innovation. In the last ten years, Bitcoin attained many milestones regarding price adoption and technical progress. When Bitcoin put up its bull run in 2017, it attracted many people, and since then, there are always speculations on why the price surges and declines.  Anthony Pompliano on BTC Price Changes During a podcast with Darius Dale,…

The BTC/USD price may surge significantly over $7500. There are, however, various hurdles from $7700 to $8000. The price rose decently over the hurdle at $7300 in the last few sessions—additionally, the price established over $7400, and the 100 hourly SMA. Recently, the price inclined over a short term declining trend line, with a hurdle close to $7455. It led to more gains over the hurdle at $7500 and attained a new 2020 high at $7572; nevertheless, currently, it is…