Tag Archives: Bitcoin (BTC) Price

The past 24 hours have been relatively calm for the leading cryptocurrencies by market capitalization. As of writing these lines, Bitcoin is trading today in a tight range around $9,200.From a technical standpoint, the range between $9,200 – $9,300 is the first significant resistance level for the primary cryptocurrency. If it breaks it successfully, then BTC would have to conquer $9,500, $9,600, and $9,800 as the next resistance levels, on its way to test the psychological mark of $10,000...

Upon printing billions of fresh USDT in the past few months, the most widely adopted stablecoin has become the third-largest cryptocurrency by market cap. Tether has now surpassed Ripple (XRP) with its nearly $9 billion market capitalization.In the meantime, Ripple, which was among the top three cryptocurrencies for the past years, had seen its market cap continuously dropping. Earlier this month, Ripple recorded its lowest 2-year price against Bitcoin.Tether Surpassing Ripple By Market Cap....

Following our Thursday price analysis, Bitcoin had lost almost $1000 in one and a half days. This came straight after 3-4 failed attempts to break the $10,000 mark over the past two weeks.When you’re not breaking, and the attempts are losing strength, you will dump hard. This was the bad news; however, the good news is that a long-term ascending trendline saved Bitcoin, as of now.The ascending trendline, marked blue on the following daily chart, was started forming on March 12, 2020, when...

Bitcoin kissed the $10K mark goodbye this week as the cryptocurrency dropped to as low as $8,800 on Thursday, reaching the trend-line that was forming since the massive drop in March. As expected, BTC received strong support in that area, and its price quickly recovered to around $9,200, where it’s currently trading.The dump started suddenly as Bitcoin’s price flash crashed on Bitstamp and reached $9,100 in less than a minute. Even though it recovered after that, it turned out to be an...

BitcoinBitcoin saw a 4.4% price decline over the past seven days of trading as the coin trades at $9,115. The cryptocurrency was at the $9,815 resistance level for the majority of the week as it continuously failed to close above it. Bitcoin went on to slide lower from there on Wednesday as it dropped into the $9,400 level.Yesterday, Bitcoin continued to drop further as it dipped beneath $9,000 to reach as low as $8,800. Luckily, the buyers regrouped to push the coin back above $9,000 before...

Bitcoin’s price saw a sudden vicious flash crash on one of the most popular cryptocurrency exchanges – Bitstamp. The price lost upwards of $600 in a single candle that lasted less than a minute.Bitcoin Price Flash Crashes To $9,100 On BitstampThere are no boring days with Bitcoin. Just a few minutes ago, the price of the world’s leading cryptocurrency flash crashed on the popular exchange Bitstamp.The move was sudden and brutal, as seen in the chart below.BTC/USDT. 1 minute. Bitstamp. Source:...

An interesting Bitcoin transaction surfaced today, bringing back memories from 11 years ago in the distant 2009. 50 BTC mined back then were just transferred to another address.Bitcoin Mined in 2009 Just TransferredData from Blockchair reveals that 50 bitcoins mined in 2009 were just transferred to an unknown address.The transaction took place today, and it was included in block 631058. This is where things get interesting. The sending address only has two transactions carried out through it...

Over the past days, Bitcoin had gone through sideways price action, flirting with the range between $9500 and $9900.The breakout of the $10,000 target is remarkably close. However, it also feels close as well to a massive price dump. Remember, from a technical point of view, the fact that Bitcoin so far fails to break the $10K benchmark level, along with the declining amount of volume means that every tryout becomes weaker.The Golden Cross Is HereA Golden Cross is a long-term bullish signal,...

Bitcoin wakes up to a new week following a volatile weekend: After reaching down to $9100 on Friday, the following two weekend days were quite bullish for the primary cryptocurrency.Bitcoin regained position, and since the Friday’s low, the price had been climbing nicely to the same devastating resistance area below the $10,000 mark.However, as of writing these lines, the price quickly rejected and plunged below the $9600 zone. This Is the third attempt to break the benchmark level over the...

Bitcoin took another shot at $10,000 today as its price reached $9,960 on Binance. However, unlike the previous times, altcoins are looking to regain their strength as they managed to chip more than 1% of BTC’s dominance in the past few days.Bitcoin Price Takes Another Swing At $10,000Volatility doesn’t seem to fade in the crypto market as Bitcoin made another attempt to reach the coveted $10,000 mark less than a couple of hours ago.The price reached $9,960 on Binance before retracing to...