Bitcoin Price One Mere Correction Away from Run Toward $14,000

The cryptocurrency market is quite mundane following an action-less weekend session. Bitcoin price briefly stepped above $11,000 but immediately corrected towards the key support at $10,500. Investors do not mind the calmness across the market as the last couple of weeks have been nothing but a rollercoaster ride. As reported by CCN bitcoin price within the two weeks from July 10 shed 18 percent from levels slightly above $13,000 to the current market value at $10,605. Besides, Bitcoin dived to its lowest levels in July almost breaching the $9,000 level.…

Bitcoin Network Now 8 Times More Powerful Than It Was at $20K Price

Bitcoin (BTC) now has more computing power behind its security than ever before, passing another milestone as hash rate reaches an all-time high.  Data from monitoring resource Blockchain confirmed that the Bitcoin network’s total hash rate reached a peak of 79 tera hashes per second (TH/s) on July 20.  Bitcoin network hash rate, courtesy of Blockchain.info Broadly accepted as a measure of how robust Bitcoin’s transaction security has become, hash rate has broken multiple records in recent weeks and months. As Cointelegraph reported, more recent all-time highs had come around…

Bitcoin Price Goes Sideways Again… What Will the Next Stage Be?

Bitcoin Price Goes Sideways Again… What Will the Next Stage Be? July 22, 2019 by Ramiro Burgos The bitcoin price has made a few attempts to push back to those peaks of a month ago… but ultimately traders and hodlers alike were left staring at chart lines that refused to make big leaps up or down. Fundamentals and external factors may balance the confusion to define the next stage, but what might they be? Read on to learn more. Also read: Bitcoin Price Hits $12K Resistance Hard, Repeats Old Patterns at…

Bitcoin Price Shuns Volatility as Analysts Warn of Potential Drop to $7,000

Bitcoin (BTC) price saw a rare spell of stability on July 22 as cryptocurrency markets began the week on a broadly stable note.  Market visualization. Source: Coin360 Bitcoin price weekly chart settled but overbought Data from Coin360 showed hardly any change for BTC/USD in the past 24 hours, bucking a volatile trend seen throughout recent weeks. At press time, Bitcoin circled $10,600, down just 0.14% while trading in the middle of a $400 daily corridor.  Bitcoin 7-day price chart. Courtesy of Coin360 By comparison, last week saw BTC/USD trade as…

Bitcoin Price (BTC) Could Retest Key Support Before Fresh Increase

Bitcoin price climbed higher recently above the $11,000 resistance level against the US Dollar. The price spiked towards $11,200 and recently corrected lower below $10,800. There is a connecting bullish trend line forming with support near $10,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could retest the key $10,000 support level before it could rise again towards $11,000. Bitcoin price is struggling to continue higher above $10,800 support against the US Dollar. Therefore, BTC price might decline towards $10,000 before it could start…

Ripple Price (XRP) Showing Positive Signs, Could Break $0.34

Ripple price remained well supported on the downside near the $0.3200 level against the US dollar. The price traded higher and broke the $0.3250 and $0.3320 resistance levels. There is a key bullish trend line forming with support at $0.3265 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to continue higher, with chances of an upside break above $0.3350 and $0.3400. Ripple price is trading with a bullish bias against the US Dollar, similar to bitcoin. XRP price is likely to climb…

Ethereum Price (ETH) Likely To Accelerate Above $240 & $250

ETH price remained well bid above the $208 support and recently climbed higher against the US Dollar. The price settled above the $220 pivot level and is currently consolidating in a range. There is a breakout pattern forming with resistance near $227 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher above the $227 and $230 resistance levels in the near term. Ethereum price is showing positive signs above $208 and $215 versus the US Dollar, similar to bitcoin. ETH price might…

Libra Special! Top Stories, Price Movements, Quotes and FUDs of the Week

Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Libra hearings: Hostility and criticism as Congress grills Facebook executive A godsend to drug dealers. More dangerous than 9/11. A global economic threat. Congress was given two days to grill the head of Facebook’s Calibra wallet, David Marcus, over the upcoming Libra cryptocurrency, and…

Bitcoin (BTC) Price Weekly Forecast: Approaching Next Crucial Break

There was a solid upside correction initiated from the $9,100 swing low against the US Dollar. The price gained traction after it broke the key $10,000 resistance area and traded towards $11,250. There was a break above a major bearish trend line with resistance at $10,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair tested a crucial resistance near $11,250 and it is currently correcting lower. Bitcoin price is showing positive signs above the $10,250 support against the US Dollar. However, BTC must break…

Top-3 Crypto Losers of the Week — Price Analysis

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by HitBTC. The short-term sentiment in the crypto community is one of uncertainty. Facebook’s Libra project, which was expected to attract millions of people to cryptocurrencies, is likely to face stiff regulatory hurdles. Likewise, various politicians around the world, including United States President Donald Trump are voicing their…