Tag Archives: Bitcoin

Negative trading dominated the movements of Bitcoin within the expected bearish context, touching the second target to be achieved last Friday at 35,540, posting low at 34,784. On the technical side, we may witness more negativity as a result of the negative pressure of the 50-day moving average, which continues …

Positive trading dominated the Bitcoin, surpassing the second target required to be achieved during the previous technical report at 38,220, to post high at 39,943. Technically, the current moves are witnessing a slight bearish slope due to the RSI gradually losing upward momentum over short time frames. We tend to …

There is a need for the global regulation of Bitcoin, according to the President of the European Central Bank (ECB), Christine Lagarde, Reuters reported. Lagarde believes that global cooperation is needed to stand in the face of what she called funny business and money laundering using the cryptocurrency, which she …

Divergent trades dominated the movements of Bitcoin during the previous session, to return to trading in a bullish path, benefiting from stability above 37,200. We tend to be positive intraday as the pair continues to receive a positive stimulus from the 50-day moving average. Confirming a breach of 37,730 increases …

Negative trading dominated Bitcoin’s moves within the profit-making operations aimed at touching 32,820 levels. On the technical side, today we may witness the completion of a bearish correction with the continuation of the negative pressure of the 50-day moving average, but on condition that we witness a clear break of …

Bitcoin managed to enter retest we mentioned in the previous analysis, we also indicated that surpassing the resistance level at 35,415 increases the probability of a return to the rise towards 35,910, to post 36,085 for the current session. We tend to be positive in our trades with the continuation …

Bitcoin and other cryptocurrencies saw strong correction on Monday with profit making leading to market losses of about $200 billion in market cap. The world’s largest digital asset has been on a rising streak of late, breaking multiple consecutive records, on the back of increased demand, especially from institutional investors. …

The current movements of Bitcoin are witnessing a downward trend as a result of struggling with the psychological barrier of 40,000 within a bearish context targeting a re-test of 30,670. Technically, The simple moving averages pressing the price from the top, with negative signs from stochastic indicator. Consequently, we may …

The Bitcoin rally continued on Friday, as the world’s largest cryptocurrency traded as high as $41,973 earlier today. Bitcoin has now increased by about 40% since the beginning of the year. The biggest digital currency is currently trading around $41,000, up by a little over 5.7%. Bitcoin is showing its …

Bitcoin jumped more than 5% on Friday, January 8th, to a new record high at $ 41,530, to offset losses incurred earlier in the session. The most popular digital currency in the world fell to a low of $36618.36 on the Bitstamp exchange before rising. The rival cryptocurrency Ethereum rose …