Tag Archives: Higher

Bitcoin Struggles to Break Above $4,000, Analysts Claim BTC Likely to Drop Before Climbing Higher

ETF, Lightning, and Halving Drive Recent Bitcoin Rally

Following several consecutive days of price gains, Bitcoin’s recent price rally has stalled as BTC failed to decisively move above $4,000. It’s no surprise that $4,000 is a strong level of resistance for the cryptocurrency, as it has previously acted as a strong psychological level for BTC. Now, analysts expect Bitcoin to drop slightly before finding increased buying pressure, which could then help propel it to above $4,000. Analyst: Despite Bitcoin Price Surge, BTC Still in a Heavy Bear Market At the time of writing, Bitcoin is […]

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Bitcoin Price Watch: BTC Could Make a Sustained Move Higher

Bitcoin Price Weekly Analysis: BTC Could Accelerate Gains Above $3,850

Bitcoin price traded higher and broke the $3,550 resistance level against the US Dollar. There is a connecting bullish trend line formed with support at $3,545 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is showing positive signs above the $3,545 level, but it must break the $3,585 resistance. Bitcoin price is slowly moving higher with positive signs against the US Dollar. BTC needs to overcome sellers near $3,580 and $3,600 for a sustained move higher in the near term. Bitcoin […]

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Could Low Issuance Rate on Ethereum Mean Higher Prices?

Could Low Issuance Rate on Ethereum Mean Higher Prices?

According to a Tweet by the founder of EthHub and the presenter of the Into the Ether podcast, Eric Conner, the rate of issuance of new Ether (ETH) is currently at its lowest ever. Owing to simple economics, this decreased supply could mean higher prices for the number three digital asset by market capitalisation. However, issuance is just one half of the story. For prices to move upwards, demand needs to remain at a constant rate or increase. Will Ethereum Network Upgrades Provide Increased Demand for the […]

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Bitcoin (BTC) Holds Steady Above $3,600, May Still Have Fuel to Move Higher in Near Future

As Bitcoin Enters its Longest-Ever Bear Market, Analysts Expect BTC to Make a Large Move in Near-Future

Bitcoin (BTC) has held steady above $3,600 after yesterday’s upwards surge that sent it climbing from lows of $3,400 to highs of $3,700. Although often times these upwards price movements are typically followed by a cool-off period that results in Bitcoin surrendering a portion of its gains, BTC has held steady at its current price levels. Now, analysts claim that Bitcoin may still have further room to climb, as many technical indicators are beginning to turn bullish following yesterday’s price surge. Bitcoin (BTC) Stable Above $3,600 At […]

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Analysts Expect Bitcoin (BTC) to Climb Higher Before Hitting Resistance and Dropping

Analysts Expect Bitcoin (BTC) to Climb Higher Before Hitting Resistance and Dropping

Following the crypto market’s quiet weekend trading session, most cryptocurrencies have continued to trade flat, and have thus far maintained nearly all of their recent price gains that were incurred during Friday’s market surge. Bitcoin (BTC) has found stability in the mid-$3,600 region and appears to be forming $3,700 as a level of resistance. Multiple analysts now expect Bitcoin to form another upwards leg before hitting a strong resistance level, which is unlikely to be swiftly broken above unless the cryptocurrency’s bulls garner a significant amount of […]

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The Lightning Pump, Bitcoin Adoption Inevitable as BTC Prices Inch Higher

BTC Volumes Shrink 22% From Jan 10

Bitcoin prices are technically bullish, must close above $3,800 Lightning Network picking up, Domino’s Pizza now accepts Bitcoin via LN Participation levels have been shrinking, volumes behind a bull confirming bar must exceed 35k From the look of things, Bitcoin adoption will be fast-tracked by the Lightning Network. Elizabeth Stark’s project recently got a boost. At this rate, it appears as if it’s a matter of when before BTC prices rally to $6,000. Fundamentals It’s the month of love, and it seems like merchants are in love […]

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