Tags : Hitting

Bitcoin

Bitcoin Fractal Sees BTC/USD Hitting $35-40K Before Resuming Bull Run

Bitcoin bulls should prepare for its price to drop into the $35,000-40,000 area, per an apprehensively accurate fractal. First highlighted by TradingShot, an independent crypto trading consultancy, the fractal relies on a flurry of technical indicators to make its short-term bearish case. They include a so-called pitch-fan, three moving averages, and two momentum indicators. All […]Read More

Bitcoin

Bitcoin Chartists See Price Hitting $70,000 After Tesla Crypto Purchase

Calls for a $70,000 Bitcoin is picking momentum among technical market analysts as the cryptocurrency makes way into Tesla’s balance sheets. Cheds, an independent cryptocurrency analyst who enjoys a massive following on Twitter, saw the BTC/USD exchange rate rising by at least 70 percent in the coming sessions. “Just an observation,” he said while citing […]Read More

Bitcoin

Bitcoin Pullbacks after Hitting $40K; Will It Resume Its Rally?

Bitcoin posted its first negative open after rising three days in a row and hitting an all-time high above $40,000. The world’s leading cryptocurrency fell by as much as 7.45 percent during the Asian session Monday, hitting an intraday low of $36,565 before paring its losses ahead of the European trading hours. Its sentimental shift […]Read More