Bitcoin (BTC) Price Watch: Market Presents Last Chance To Buyers

Bitcoin price struggled to climb above the $3,990 and $4,000 resistance levels against the US Dollar. The price declined again and retested the key $3,940 support area and the 100 hourly SMA. There is a short term bearish trend line in place with resistance at $3,980 on the hourly chart of the BTC/USD pair (data feed from Kraken). Buyers might have the last chance for an upside break above the $4,000 resistance. Bitcoin price is holding an important support near $3,940 against the US Dollar. BTC is likely to make…

Bitcoin (BTC) Price Watch: Rally Takes Break, But Not Likely Over

Bitcoin price climbed higher towards the $4,040 level before correcting lower against the US Dollar. The price declined below $4,000 and tested the key $3,940 support area. Recently, there was a break above a connecting bearish trend line with resistance at $3,970 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently moving lower, but it remains well supported near $3,940 and $3,920. Bitcoin price corrected gains recently below $4,000 against the US Dollar. BTC could bounce back as long as it is trading…

Bitcoin (BTC) Price Watch: Weekend Rally And Possible Run To $4,200

Bitcoin price gained traction and broke the $3,850 and $3,900 resistance levels against the US Dollar. The price rallied recently and even climbed above $4,000 before correcting lower. There is a major bullish trend line formed with support at $3,940 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains supported on dips and it could bounce back above $4,000 and $4,050. Bitcoin price rallied recently above the $4,000 level against the US Dollar. BTC corrected lower, but it remains supported and it may continue…

Bitcoin (BTC) Price Watch: Important Reversal Signs Emerge

Bitcoin price made a few swing moves above the $3,800 and $3,830 supports against the US Dollar. The price managed to settle above the $3,850 level and the 100 hourly simple moving average. This week’s major bearish trend line with resistance at $3,845 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair tested the $3,870 level and it is currently consolidating, with positive signs. Bitcoin price climbed above key resistance levels against the US Dollar. BTC is trading with a bullish angle and…

Bitcoin (BTC) Price Watch: Upside Break Inevitable Above $3,900

Bitcoin price is trading nicely above the $3,825 and $3,800 support levels against the US Dollar. The price is likely positioning for an upside break above the $3,880 and $3,900 resistance levels. Yesterday’s highlighted important bearish trend line is in place with resistance at $3,860 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could surge higher once it clears the $3,860 resistance and the 100 hourly SMA. Bitcoin price is setting up for the next key break against the US Dollar. BTC could either…

Bitcoin (BTC) Price Watch: Case For Larger Rally Above 100 SMA

Bitcoin price stayed above the $3,800 support area and recovered recently against the US Dollar. The price is trading above the $3,840 level and facing a strong resistance near the 100 hourly SMA. There is a key bearish trend line in place with resistance at $3,865 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rally sharply if there is a close above $3,880 and the 100 hourly SMA. Bitcoin price rebounded nicely from the $3,800 support against the US Dollar. BTC is currently…

Bitcoin (BTC) Price Watch: Key Reversal Could Trigger Additional Losses

Bitcoin price failed to hold the key $3,860 support and traded lower against the US Dollar. The price even broke the $3,840 support and settled well below the 100 hourly simple moving average. There was a break below a crucial ascending channel with support at $3,830 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate declines if there is a break below the $3,800 support area. Bitcoin price is under pressure below the $3,860 support against the US Dollar. BTC could reverse gains…

Bitcoin (BTC) Price Watch: Bulls Target Fresh Monthly Highs

Bitcoin price traded above the $3,940 level recently before correcting lower against the US Dollar. The price is following a solid bullish path and buyers seem to be in control above $3,800. There is a short term declining channel in place with resistance at $3,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is approaching a crucial support area near the $3,840 level. Bitcoin price is placed nicely in an uptrend above $3,800 and $3,840 against the US Dollar. BTC is likely to climb…

Watch Ripple’s CEO Rant about JPMorgan’s Crypto

In a Brad Garlinghouse vs. Jamie Dimon crypto showdown, the Ripple chief is not the least bit intimidated by his Wall Street rival. Ripple CEO Unloads on JPMorgan Cryptocurrency at DC Blockchain Summit Garlinghouse was featured as the keynote speaker at DC Blockchain Summit 2019, where he gave a fireside chat with Nasdaq’s Jill Malandrino. The elephant in the room, metaphorically speaking, was the recent news of Wall Street bank JPMorgan issuing the so-called “cryptocurrency JPM Coin for its institutional clients. Garlinghouse, who has been known to sport red socks…

Watch Ripple’s CEO Rant about JPMorgan’s Crypto

In a Brad Garlinghouse vs. Jamie Dimon crypto showdown, the Ripple chief is not the least bit intimidated by his Wall Street rival. Ripple CEO Unloads on JPMorgan Cryptocurrency at DC Blockchain Summit Garlinghouse was featured as the keynote speaker at DC Blockchain Summit 2019, where he gave a fireside chat with Nasdaq’s Jill Malandrino. The elephant in the room, metaphorically speaking, was the recent news of Wall Street bank JPMorgan issuing the so-called “cryptocurrency JPM Coin for its institutional clients. Garlinghouse, who has been known to sport red socks…