Bitcoin Price Spikes Within Inches of $5,500 Despite China FUD

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. The bitcoin price bounded to a new 2019 high on Wednesday, sneaking within inches of the $5,500 mark midway through the afternoon US trading session. Bitcoin Price Flirts with $5,500…

Streisand Effect? Bitcoin (BTC) Weather Through FUD, Bulls Firm

Bitcoin prices steady above $5,000 Volumes drop by 80 percent from 54k of Apr 2 to 11k of Apr 9 Even with FUD around China’s NDRC proposal of banning Bitcoin and crypto mining, prices are steady. It is up 7.4 percent from last week’s close as buyers aim at Q4 resistance previous support at $5,800–$6,000. Bitcoin Price Analysis Fundamentals It’s a new milestone for Bitcoin. For the first time this year, the network processed more than 400 million transactions, up 50 million from daily averages of around 350 million. With…

Bitcoin Might Blindly Chase the Dow into the Next Financial Crisis

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Bitcoin’s Meteoric Surge Exposes Bitter Irony of Russia’s Crypto Skeptics

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YouTube’s Biggest Star PewDiePie Swaps Stream to Blockchain Video Platform

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Bitcoin Blazes Bullish in Long-Term Indicator

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‘Bitcoin Guru’ Antonopoulos Claims Fungibility Threatens Bicoin’s Domination

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Bitcoin Showing Signs of Strength As BTC Price Targets Fresh Highs

Bitcoin price is slowly moving higher towards the $5,300 and $5,360 resistances against the US Dollar. The price is placed nicely in an uptrend and it could gain strength above $5,360. Yesterday’s highlighted significant ascending channel is intact with support at $5,180 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains supported on dips and it is likely to trade to a new 2019 high above $5,360. Bitcoin bulls are gaining momentum above $5,200 against the US Dollar. BTC price may continue to rise…

Bitcoin Price Analysis: Upward Consolidation Hints Toward Diminishing…

Summary: The bitcoin market has seen sustained buying pressure as the daily candles have continuously closed new highs following the impulsive move that brought us to the $5,000 levels. From an intraday perspective, we have established new support on three separate levels that were previously resistance as the market progresses along its supply and demand channel. Macro-wise, we are still sitting in a no man’s land between macro support and macro resistance. The low timeframe has the market consolidating upward with higher lows and higher highs in conjunction with decreasing…