Bitcoin (BTC) Diving, Can Bulls Protect $8.2K Support?

Bitcoin price is extending losses and it recently broke $8,375 support against the US Dollar. The price is currently correcting, but upsides are likely to be capped by $8,500. Morning’s key bearish trend line is active with resistance near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). Ethereum is still holding the $180 support area and ripple is trading in a range above $0.2520. Bitcoin price is showing signs of more losses below $8,500 against the US Dollar. BTC could drop towards $8,200 before a…

Bitcoin (BTC) Relatively Muted; Support Estimated Near $8.2K

Bitcoin price is trading below a few important resistances near $8,700 against the US Dollar. The price is somehow holding the $8,420 and $8,375 support levels. There is a major bearish trend line forming with resistance near $8,525 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently correcting higher, but sellers are likely to protect $8,575 or $8,660. Bitcoin price is consolidating below key resistances against the US Dollar. BTC could decline further, but the $8,200 support might protect sharp losses. Bitcoin Price…

Ripple (XRP) Price Resuming Decline, Bitcoin Breaks $8.5K

Ripple price is under pressure and struggling to surpass the $0.2660 resistance against the US dollar. The price is currently declining and it is likely to break the $0.2580 support area. There is a major bearish trend line forming with resistance near $0.2645 on the hourly chart of the XRP/USD pair (data source from Kraken). Conversely, Ethereum is still holding the main $180 and $178 support levels. Ripple price is facing an increase in selling below $0.2650 against the US Dollar, similar to bitcoin. XRP price could continue to move…

Ethereum (ETH) Holding Crucial Support While Bitcoin Is Declining

Ethereum price is still struggling to climb above $186, $188 and $190 resistances against the US Dollar. The price is currently declining and it seems like it could retest the $180 support area. There are two major bearish trend lines forming with resistance near $186 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin is under a lot of pressure and it recently decline below the $8,500 support. Ethereum price is holding an important support versus the US Dollar, while climbing vs bitcoin. ETH price might retest the…

Bitcoin Weekly Forecast: BTC Price Turned Sell On Rallies

After settling below $9,000, bitcoin declined steadily against the US Dollar. The price is under a lot of pressure below the $8,700 and $8,650 resistance levels. There is a crucial bearish trend line forming with resistance near $8,630 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price could correct higher, but it is likely to face sellers near the $8,700 resistance area. Bitcoin price is trading in a bearish zone towards $8,200 against the US Dollar. BTC remains sell on rallies unless there is a…

Bitcoin (BTC) In Slow And Steady Decline, $8.2K Likely Target

Bitcoin price is currently declining below the $8,600 support area against the US Dollar. A new monthly low was formed near $8,457 and the price is currently correcting higher. There is a key declining channel forming with resistance near $8,710 on the hourly chart of the BTC/USD pair (data feed from Kraken). There is a risk of more downsides as long as the price is below $8,700 and $8,880. Bitcoin price is gaining bearish momentum below $8,700 against the US Dollar. Therefore, BTC could continue to move down towards the…

Crypto Market And Bitcoin Bearish Continuation: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is currently declining and it could test $220.0B support. Bitcoin price is under pressure and it is likely to break the $8,500 support area. EOS price is now trading near the $3.350 support area and showing bearish signs. BCH price failed to stay above the key $280 support and extended its decline. Tron (TRX) price is down more than 4% and it is approaching the $0.0185 support area. Cardano (ADA) price is now trading near the key $0.0420 support area. Bitcoin and the crypto market…

Crypto Market & Bitcoin Remains At Risk: LTC, BNB, BCH, TRX Analysis

The total crypto market cap is likely forming a bearish pattern below the $240.0B resistance. Bitcoin price is currently consolidating below the $8,880 and $9,000 resistance levels. Binance coin (BNB) price is up more than 2% and it recently broke the $21.00 resistance. Litecoin (LTC) price is slowly moving lower towards the $60.50 support area. BCH price is struggling to hold the key $285 and $280 support levels. Tron (TRX) price is gaining momentum and is trading above the $0.0200 resistance. Bitcoin (BTC) and the crypto market cap are still…

Bitcoin (BTC) Price Sighting Downside Thrust Before Higher?

Bitcoin price is struggling to recover above $8,800 and $8,840 against the US Dollar. The price is slowly moving lower and it is likely to decline sharply below $8,600. Morning’s bearish trend line is active with resistance near $8,775 on the hourly chart of the BTC/USD pair (data feed from Kraken). It seems like there could be a nasty decline below $8,600 before the price starts a decent recovery. Bitcoin price is still trading in a downtrend below $8,800 against the US Dollar. BTC needs to settle above the $8,920…

Bitcoin (BTC) Price Primed To Extend Losses Below $8.5K

Bitcoin price is declining and it is now trading below the $8,800 level against the US Dollar. The price is trading with a bearish angle and it is likely to tumble below $8,600 and $8,500. Today’s key bearish trend line is active with resistance near $8,960 on the hourly chart of the BTC/USD pair (data feed from Kraken). A clear break below $8,600 is likely to push the price below $8,500 and $8,450. Bitcoin price is setting up for another dive below $8,600 against the US Dollar. BTC could even…