BTC Price Analysis

The BTC/USD price could not surge over the barrier at $9.5k, leading to its plunge. It may rise or fall significantly depending on the coming days. Yesterday, the BTC/USD pair experienced a short-term incline over the border at $9.5k. The price continued over the $9.6k level and attained a fresh high in 2020 at $9609. However, the buyers failed to sustain the price over the significant $9.5k barrier. Therefore, a new fall ensued under $9.4k and the 100 hourly SMA.…

BTC/USD recently upsurge over the significant barrier at $8.8k and eventually rose over $9k, and currently, buyers are focusing on testing $9.5k. Yesterday, the price inclined over the critical barrier at $8.8k, and the hourly SMA to land in a more favorable area. The price rose by almost 5% in the previous three sessions and then proceeded higher over the $9k. This week, BTC/USD formed a fresh high to around $9145; however, the price is beginning to drop. The initial…

Bitcoin just found a powerful buying interest of over $8.2k, resulting in a rise above $8.5k. Currently, the price is above $8.6k, and buyers expect a further upsurge to above $8.8k and $9k.  Yesterday, the $8.2k level played well, resulting in a fresh incline in the price over the barrier at $8.4k. The price formed a modest support base, near $8280, and at the moment, the price established above the 100 hourly SMA. Analyzing the BTC/USD Hourly Chart The BTC/USD…

Over the hurdle at $8000, there was an extension in the BTC/USD rally. However, it is also possible to exhibit a lower retracement towards $8400 or $8300 before another upsurge. Yesterday, Bitcoin’s price began a remarkable move on the upside, over the hurdles at $8200 and $8400. The price was eventually within a range before another rally over the hurdles at $8500 and $8600. Bitcoin Price Analysis There was an additional upsurge, over $8800, and settled well over the 100…

The BTC/USD price is on the upside above the supports at $7800 and $7700. If the pair reaches $8200, it may start a fresh uptrend. Last week, the pair commenced a downside retracement from the $8473 high. However, the price returned to the downside under the supports at $8200 and $8000. The price also got remarkably supported at $7700 and $7600. A Look at the 4-hour BTC/USD Chart The 4-hour BTC/USD chart shows the price established a level over the…

The BTC/USD pair is struggling to stay above the support at $7.12k and $7k. The price needs to recover over $7.24k and $7.4k if it does not experience a remarkable fall. In the past three days, the BTC/USD pair’s price steadily moved to the downside, from resistance at $7.7k. The pair’s price further moved to the downside by breaking critical supports at $7.4k and $7.3k. It established a level under $7.3k as well as the 100 hourly SMA. The price…

Recently, Bitcoin and the entire crypto markets experienced some turbulent moments. Nevertheless, following the moments, BTC remained within a firm trading range, thereby engaging in consolidation in the previous several days. Analysts say that at the boundary of this trading range, BTC’s price can provide remarkable insight into the direction of this crypto and the entire crypto markets for the first part of the year. At press time, BTC’s price got on the upside by more than 4% at $7440,…

The performance of BTC/USD currently is within a positive zone of over $7000. The pair’s price has good support on dips as long as it does not close under $6830. In the third week of December 2019, Bitcoin began a strong recovery wave in the support zone between $6400 and $6500. A look at the 4-hour chart of Bitcoin against the USD reveals that Bitcoin’s price broke some resistances close to the $ 7000 level and 100 SMA.  Additionally, there…

The BTC / USD price is gradually approaching critical support. Bitcoin bears will need supplies once the price reaches the support zone around $ 6,200. Prices closed at $ 7,000; they continued to decline. The price hit levels below the $ 6,800 support zone, well below the hourly 100 SMA. The decline continued to push the price towards the $ 6,600 support level near the $ 6,500 support zone and made new lows near $ 6,565 during the month. Price…