Bitcoin 

Bitcoin Price Risks Falling Under $8.4K If the Bulls Don’t Step Up Now

Bitcoin (BTC) price is still retracing from the massive rally two weeks ago, which leads the sentiment to turn bearish. Several signs indicate that the price needs to reverse quite soon, or the whole upwards move is deleted from the charts. Crypto market data. Source: Coin360 Bitcoin loses 200-Day MA and EMA for the second time in 2019 The daily chart shows that the price of Bitcoin once again can’t hold support on the 200-Day Moving Average (MA) and Exponential Moving Average (EMA). Such a move often leads to a…

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Ethereum 

Bitcoin Price Slips Below $8,600 While Tezos Jumps 11%

Thursday Nov. 14 — Cryptocurrency markets are largely trading sideways, with Tezos being the only top-20 coin showing notables gains of more than 11%. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been showing little price movement over the last few days and recently sipped below the $8,600 price mark. The world’s largest cryptocurrency started the day at an intraday high of $8,800 before slowly moving downwards to its current trading price, showing a loss of 1.75% on the day. Bitcoin daily price chart. Source: Coin360 BTC could drop towards the…

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Bitcoin 

Bitcoin Price Defies ‘Death Cross’ as Bulls Pin Hopes on $9.1K Bounce

Bitcoin (BTC) price continues to trend lower, marking 5 consecutive lower highs as the price makes a stairstep decline in a falling wedge. Interestingly, the pattern is interpreted by many analysts as a signal of a potentially bullish outcome so perhaps there is still hope. Crypto market data daily view. Source: Coin360 BTC USD daily chart. Source: TradingView The price has pierced the $8,674 support three times over the past 4 days, increasing the chance that the price will drop to the lower trendline of the falling wedge at $8,480.…

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Bitcoin 

Bitcoin Price Tests $8,500 Support as Trader Warns of Further New Lows

Bitcoin (BTC) fell below $8,600 on Nov. 14 as its slow grind downwards continues to see new lows haunt markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin trends downwards at $8.6K Data from Coin360 shows the largest cryptocurrency hitting $8,550 on Thursday, its lowest since late October. A subsequent rebound took BTC/USD back above $8,600. Bitcoin seven-day price chart. Source: Coin360 Bitcoin has spent most of the week steadily eroding gains it made previously, first losing support at $9,000 and exiting a trading corridor that had previously kept it rangebound…

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Bitcoin 

Bitcoin Price Bounces Off Key Moving Average as Bulls Avoid Death Cross

Bitcoin’s (BTC’s) price has been choppy since its October spike to $10,350, giving no clear indications of where its trend will head next. Overall, crypto’s pioneer asset has been fairly uneventful, with many price fakeouts.  Bitcoin’s daily candle bounced off its 50-day moving average (MA) as support on Nov. 12, although the industry’s flagship asset once again faces resistance at its 0.5 Fibonacci retracement level, which could also be considered its range equilibrium.  The asset sits strongly below the $9,000 mark at press time, at a price of $8,766.70. Crypto…

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Bitcoin 

Bitcoin Price Stays Static at $8,800 as NEO, BNB Steal the Limelight

Bitcoin price (BTC) continued its daily trading pattern on Nov. 13, hovering just under $8,800 after losing support at $9,000.  Cryptocurrency market daily overview. Source: Coin360 Bitcoin tracks sideways below $9K Data from Coin360 showed another lackluster day for BTC/USD, with little progress over the past 12 or 24 hours.  The week had begun with Bitcoin losing its foothold higher up, exiting a trading corridor between $9,000 and $9,500 and so far failing to reclaim it.  Bitcoin seven-day price chart. Source: Coin360 As Cointelegraph reported, analysts had remained broadly bullish…

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Ethereum 

Market Mostly Trades Sideways as Bitcoin Price Hovers Around $8,800

Tuesday Nov. 12 — Cryptocurrency markets are largely trading sideways with many changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the better part of the day and continues to circle the $8,800 price mark. The world’s largest cryptocurrency bounced off a local low of $8,705 earlier today before moving to its current trading price at around $8,750, showing a small gain of 0.27% on the day. BTC daily price chart. Source: Coin360 Bitcoin continues…

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Bitcoin 

Bitcoin Price Falls Below $9K as Bears Back in Control Eyeing $8.2K

Bitcoin price (BTC) fell almost 5% on Monday morning, finding lows of $8,593, completely reversing the weekend recovery back above the $9,000 handle and below the lows of the prior week. As we have seen recently, all other major cryptos have followed suit, with Ether (ETH) managing to perform better against the U.S. dollar than its peers, but still losing value.  With a poor start to the week, let’s dive into the charts to see if an end to the bleeding is in sight for Bitcoin, which continues to lead…

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