Day: May 14, 2019

Bitcoin Price Rally’s Just Getting Started after Staggering 117% 2019 Spike

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By CCN: Year-to-date, since January, the bitcoin price has increased by 117 percent against the U.S. dollar as it surpassed the $8,000 mark on Tuesday. The rapid increase in the bitcoin price has been supplemented with a drastic increase in the volumes of crypto exchanges and crypto-based investment vehicles. The bitcoin price has surpassed $8,000 in a parabolic rally (source: coinmarketcap.com) Fueled by the rise of bitcoin, the valuation of the crypto market has increased from around $111 billion to $237 billion since January, recording a $126 billion gain in…

Bitcoin (BTC) Price Forecast Remains Bullish: Bulls Target $8.5K and $9K

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Bitcoin price surged more than 10% and broke the key $8,000 barrier against the US Dollar. The price traded to a new 2019 high close to $8,180 and remains in a strong uptrend. There is a short term bullish pattern forming with resistance near $8,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rally further towards $8,500 once it breaks $8,050 and $8,100. Bitcoin price rallied significantly and broke $8,000 against the US Dollar. BTC bulls remain in full control and they are…

Crypto Market Rallies $25 Billion, Bitcoin Up 12%: BCH, LTC, EOS, ADA Analysis

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The total crypto market cap surged higher and broke the $215.0B and $220.0B resistances. Bitcoin price rallied more than 12% and it recently broke the $8,000 resistance. Litecoin (LTC) price is trading nicely above $90.00 and it could test $95.00 or even $100.00. Bitcoin cash price is likely to break the main $400 resistance level in the near term. EOS price broke the $5.60 and $5.70 resistance levels, and tested $5.95. Cardano (ADA) price is gaining momentum and it could soon break the $0.0800 resistance The crypto market cap surged…

Crypto Spring: $8,000 Bitcoin and Consensus 2019

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As Bitcoin moved within $100 of $8,000, many cited the “Consensus effect.” Each year, for the past few, at least, the price of the pioneer cryptocurrency has often jumped a few hundred dollars during the week of the three-day event. As the space appears to be stepping out of a prolonged bear market, investors, commentators, developers, and many others gathered for the first day of the Consensus 2019. Lightning Network Update Dr. Bitcoin, otherwise known as Christian Decker, opened the day’s events with a birds-eye view of how the Lightning…

Ripple (XRP) Price Rallies 15%: Bulls Now Aim $0.42 or Higher

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Ripple price surged higher and broke the $0.3150 and $0.3300 resistance levels against the US dollar. The price even broke the $0.3500 resistance and tested the $0.3750 resistance area. There was a break above a major contracting triangle with resistance at $0.3240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded as high as $0.3778 and it may continue to grind higher towards $0.4000 or $0.4200. Ripple price rallied significantly above $0.3500 against the US Dollar, plus recovered versus bitcoin. XRP is now well…

Ethereum (ETH) Price In Uptrend: New Highs Above $210 Likely

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ETH price gained momentum and traded to a new monthly high at $210 against the US Dollar. The price corrected lower, but it remains well supported on the downside near $192. Yesterday’s highlighted key bullish trend line is active with support near $192 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to climb above the $205 and $210 resistance levels in the near term. Ethereum price climbed above $200 once again versus the US Dollar after bitcoin broke $8,000. ETH price is in a…

Bitcoin (BTC) Sees Quick Dip To $7,800, But Analysts Remain Bullish –

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Bitcoin Analysts Still High On Hopium To say that Bitcoin (BTC) has been doing well over the past week would be a dramatic understatement. In the past week, BTC has rallied by over $1,500, effectively clearly boosting itself out of a bear market. While the bullish momentum has slowed for the time being, with the cryptocurrency sitting at $7,800 after touching $8,150 on Monday, many analysts are still extremely optimistic. In a recent tweet, popular trader Moon Overlord suggested that contrary to popular belief, Bitcoin is still trading in a…

Bitcoin Price Smashes Through $8,100 in Minutes, Analysts Eye $10K

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By CCN: The bitcoin price has increased from $6,863 to $8,167 by more than 19% in the past 48 hours. As bitcoin achieved a new 2019 high and recovered to July 2018 levels, analysts pointed toward $10,000 as the next likely target. The abrupt price movement of bitcoin from around $7,000 to more than $8,000 follows the caution of a relatively large number of technical analysts regarding the demonstration of oversold conditions by bitcoin’s technical indicators. The bitcoin price is up more than 14% against the U.S. dollar in the…

What Is Boosting Bitcoin (BTC)? –

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Bitcoin Touches $8,100, Sees Slight Pullback Welcome back bulls. At long last, bulls finally seem to be in full control of Bitcoin (BTC), with the cryptocurrency market posting some absolutely stellar gains over the past few days. As seen below, BTC even tapped $8,100 earlier today, posting a 15% gain. While the market has since cooled slightly, with Bitcoin moving to around $7,800 to take a breather and down a chill pill, the price has been undoubtedly bullish. As the leading cryptocurrency has boomed, pushing past key resistance levels like…

What Is Boosting Bitcoin (BTC)? –

boss

Bitcoin Touches $8,100, Sees Slight Pullback Welcome back bulls. At long last, bulls finally seem to be in full control of Bitcoin (BTC), with the cryptocurrency market posting some absolutely stellar gains over the past few days. As seen below, BTC even tapped $8,100 earlier today, posting a 15% gain. While the market has since cooled slightly, with Bitcoin moving to around $7,800 to take a breather and down a chill pill, the price has been undoubtedly bullish. As the leading cryptocurrency has boomed, pushing past key resistance levels like…