Bitcoin Reclaims $30K, Why Bulls Face Uphill Task
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Teresa Bach
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May 20, 2022
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Bitcoin
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Bitcoin started a fresh increase from the $28,500 support zone against the US Dollar. BTC must clear $30,600 to move further into a positive zone. Bitcoin formed a base above $28,500 and started a fresh increase. The price is now trading above the $30,000 level and the 100 hourly simple moving average. There is a major bearish trend line forming …
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Bitcoin Recovers Above $30,000, Has The Bottom Been Marked?
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Teresa Bach
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May 13, 2022
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Bitcoin
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Bitcoin has now started another recovery trend that has seen it mark its position above $30,000 once more. This is a welcome development after the market had seen various crashes that have sent investors into a panic. However, while investors heave a sigh of relief as the digital asset has begun to recover, other concerns have arisen in the market, …
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Bitcoin Dives To $30K, Why Short-term Recovery Seems Possible
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Teresa Bach
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May 10, 2022
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Bitcoin
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Bitcoin extended losses and even spiked below $30,000 against the US Dollar. BTC is now consolidating and might correct higher towards the $32,000 resistance. Bitcoin started a strong decline below the $33,500 and $32,000 levels. The price is now trading below $32,000 and the 100 hourly simple moving average. There are two important bearish trend lines forming with resistance near …
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Bitcoin Price Breakout Suggests A Short-term Trend Change
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Teresa Bach
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May 5, 2022
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Bitcoin
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Bitcoin gained pace above the $39,000 resistance against the US Dollar. BTC even tested $40,000 and might continue to rise in the near term. Bitcoin started a decent increase above the $38,800 and $39,000 resistance levels. The price is now trading above $39,000 and the 100 hourly simple moving average. There was a break above a major bearish trend line …
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Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?
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Teresa Bach
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April 29, 2022
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Bitcoin
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Bitcoin price continues to stagnate and move sideways, but according to the cryptocurrency following an Elliott Wave market cycle, a break in the boredom is due soon. Price action follows the predicted path so perfectly, that when layering Bitcoin directly over the comparison, there is little room for doubt about what comes next for crypto. Take a look for yourself …
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Bitcoin Turns Red, Why BTC Could Dive Below $39K
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Teresa Bach
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April 25, 2022
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Bitcoin
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Bitcoin started another decline below the $40,000 level against the US Dollar. BTC could extend losses if it stays below the $40,000 resistance zone. Bitcoin started another decline after it failed to clear the $40,000 resistance zone. The price is now trading below $39,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with …
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Could Netflix Tumble Down The Crypto Market?
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Teresa Bach
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April 20, 2022
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Bitcoin
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On Tuesday, the crypto market looked good in comparison to Netflix (NFLX). The shares of the world’s leading streaming company fell 27% to $256 in after-hours trading reaching 2019 levels after announcing a massive loss of 200,000 subscribers in the first quarter of 2022. This translated to roughly a $40 billion loss in half an hour. This is the first time …
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Bitcoin Continues To Slide As Macroeconomic And Geopolitical Anxiety Persist
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Teresa Bach
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April 15, 2022
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Bitcoin
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Bitcoin sank to an intraday low of $39,714.69 on Friday, following a late surge above Wednesday’s critical resistance level of $41,500. BTC was down as traders braced themselves for the lengthy Easter weekend. Bitcoin – the world’s most sought-after digital asset – has fallen about $10,000 from a two-week high of $48,220, its highest level in over four months. However, …
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What’s Next For Bitcoin As Prices Encounter Difficulty Reclaiming $43,000?
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Teresa Bach
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April 9, 2022
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Bitcoin
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Recently, bitcoin prices have struggled, often dipping below the $43,000 mark and then failing to post substantial gains. Around 9:20 a.m. EDT, the world’s most popular crypto asset retreated to $42,777.20, CoinDesk data show, Saturday. The majority of cryptocurrencies traded lower early Saturday. Global crypto market market capitalization fell nearly 3% to $1.15 trillion in the last 24 hours, while …
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Aging NFT-avatar collection “Novatar” launched on April 4
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Teresa Bach
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April 5, 2022
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Bitcoin
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The release of a much-awaited aging NFT avatar collection, “Novatar” was scheduled for April 4th. The collection of 25,000 baby avatars will be sold in 3 phases consisting of ten sales waves. Each wave will sell 1000 baby avatars. Every 1000 avatars will be 0.01 ETH more expensive. At the moment, the cost is 0.11 ETH. The first Phase starts …
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