Bitcoin (BTC) Bulls Firm Even if BitFinex May Refute NY AG Fraud Claims

Bitcoin price successfully recover Apr-25 losses BitFinex says they are good players in the digital space and would protect their clients from NY OAG attacks Despite Apr-25 blip, BitFinex commitment is unwavering. Concurrently, Bitcoin bulls are resilient, and even with a threatening drop, buyers are back as prices snap back to primary trend. The way BTC shook off bears is suggestive of strong underlying support, and in that case, BTC may easily extend to $6,000. Bitcoin Price Analysis Fundamentals The jumble around Tether, BitFinex and the NY Office of AG,…

Bitcoin (BTC) Price Eyeing Last Line Of Defense: Buy Dips?

There was a strong decline in bitcoin price below the $5,280 support level against the US Dollar. The price even spiked below the $5,000 support level and it is currently consolidating above $5,100. There is a major bullish trend line in place with support at $5,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could bounce back as long as there is no weekly close below the $5,000 support level. Bitcoin price started consolidating losses after a strong decline against the US Dollar. BTC…