TL;DR Breakdown BTC breaks $51,500-$5,300 support overnight. $47,000 still holds as strong support. The $51,500 support now acts as a resistance. Today’s Bitcoin price prediction is bullish as the market lost more than 20 percent over the last 24 hours and spiked to retest the $47,000 support. Therefore, we should see a reversal as BTC/USD […]
TL;DR Breakdown ETH breaks $3,800 again and retests $3,600. Closest resistance at $4,000. Next major target at $4,400. Today’s Ethereum price prediction is bullish as the market rejected further downside overnight around $3,600. Therefore, we expect Ethereum to move higher later this week. The overall crypto market is in the red today after strong bearish […]
TL;DR Breakdown More investors stake on  BTC in dip Tesla still holds BTC in its balance sheet As an aftermath of Tesla suspending BTC payment for cars and the plunge in BTC price that followed, more investors are beginning to buy the dip, according to Bitcoin’s Fear and Greed index. On Wednesday, the electric car […]
TL;DR Breakdown • MoneyGram will work with physical cryptocurrencies.• Coinme expects to expand its crypto operations globally by 2022. The North American money transfer company, MoneyGram, announced its merger with Bitcoin last Wednesday. This company will allow its clients to buy in Bitcoin and withdraw their holdings of the crypto converted into cash. This measure […]
TL;DR Breakdown BTC reached $58,000 overnight. Bitcoin currently tests support at $56,000. Resistance to break at $59,000. Today’s Bitcoin price prediction is bullish as the market pushed higher overnight and made a slight retracement of the $56,000 support over the past hours. Therefore, we expect Bitcoin to move higher later today as bulls attempt to […]
TL;DR Breakdown The Turkish government does not believe in cryptocurrencies. India tries to regulate Bitcoin with a law project. Bitcoin last price put the Turkish government on alert, which wants to ban crypto payments. This news affected the value of Bitcoin again, although not on a large scale. The cryptocurrency remains around $60000, so its […]
TL;DR Breakdown • Bitcoin falls in price but is still the best capitalized virtual currency.• The “hypothetical price” scheme keeps motivating traders to buy altcoins. Bitcoin has always been the top trending cryptocurrency, but that has changed in recent months. According to Bloomberg, cryptographers are concerned to see altcoins outshine BTC. Some cryptocurrencies have a […]
TL;DR Breakdown • The Chiefs team eliminated Culkin and quarterback Jordan Ta’amu.• Russell Okung, Carolina Panthers player, received his salary in Bitcoin. NFL player Sean Culkin was in the news in April for his remarks about the Kansas City Chiefs. This player wanted the team to convert his $920000 salary from his one-year contract into […]
TL;DR Breakdown BTC finds support around $54,000. Closest resistance at $56,000. Next resistance at $59,000. Today’s Bitcoin price prediction is bullish as the market dropped almost 10 percent over the past 24 hours from the $59,500 high to the $53,500 low. Since further downside was heavily rejected and the market price returned back below the […]
TL;DR Breakdown BTC peaks below $59,500. $59,000 resistance still hold. BTC heads to set another higher low around $57,000. Today’s Bitcoin price prediction is bearish as a further upside was rejected earlier today around the $59,000 resistance and previous swing high. Therefore, we expect Bitcoin to move lower over the next 24 hours to set […]