Bitcoin regains support at the $16k price level
Last week, the price of Bitcoin and major altcoins became very bearish after the news release of the Consumer Price Index (CPI) and FOMC data outcomes. Due to the heavy impact news Bitcoin fell from $18,100 down to the $16,300 mark price before regaining a new support level. Bitcoin lost over 2.0% in its market […]
Bitcoin struggles to break resistance above the $17,000 region
The price of Bitcoin experienced a bullish momentum last week, as the price of Bitcoin increased by 3.4% over the past 14 days. However, the price of Bitcoin might suffer a price decrease this week after being knocked down by a resistance above the $17,000 region. At the time of writing this article, the price […]
Price Analysis for Crypto market leaders, Bitcoin, Ethereum, Litecoin
The general crypto market moves in retrospect of Bitcoin(BTC) Ethereum(ETH) and Litecoin (LTC) because they’re built on the layer 1 blockchain, Volatility in the market is determined by these coins which is why In this article, we analyzed the top 3 cryptocurrencies to determine the movement of the market. Bitcoin Analysis Bitcoin’s price declined by […]
Weekly altcoins analysis. Terra Luna Classic and Ripple (XRP)
The LUNC coin price has declined over three consecutive days, the price reversed from a downward trendline, and breached $0.000167 in local support. The current price of the coin is $0.000165, and a daily close below the mentioned support will intensify the current selling pressure. This development encourages further Terra coin price declines. A descending […]
Market outlook: What to expect from BTC this week.
The crypto market experienced Mini bullish momentum last week. As the price of BTC traded at the $17,000 region without going lower. Traders are expecting the opening candle for this week to be a bullish candle so BTC can continue to soar above the $17,000 region But there’s also a probability that this week might […]