Category: Market Analysis

Bitcoin (BTC) Price Prediction – March 5 BTC/USD is up by more than 6.94% as the price struck a sudden and bullish price spike. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $62,000, $64,000, $66,000 Support Levels: $48,000, $46,000, $44,000 BTCUSD – Daily Chart The daily chart reveals […]

Bitcoin (BTC) Price Prediction – May 5 Bitcoin gains 7.36% as bulls keep working hard to nurture a bullish trend from the support at $53,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $60,000, $62,000, $64,000 Support Levels: $49,000, $47,000, $45,000 BTCUSD – Daily Chart BTC/USD is currently […]

A New York Bill is seeking to prohibit crypto mining in the state for three years. This bill was proposed by the Environmental Conservation Committee in the state. Crypto miners in the state of New York are about to be affected by a three-year ban on mining activities. The bill, […]

Bitcoin (BTC) Price Prediction – May 5, 2021Bitcoin’s recent upward moves to the $60,000 price level have been repelled twice. BTC/USD price now struggles below the $58,000 resistance level. Today, BTC price has fallen to the low of $53,000 as bulls buy the dips. The king coin is still facing […]

On-chain metrics show that Bitcoin purchased months ago has matured, but investors are still unwilling to sell. This week’s on-chain report from Glassnode focused on coin maturation to evaluate the bullishness of Bitcoin and stablecoins. The metrics show that the market is still bullish. It also added that Bitcoin has […]

Bitcoin Price Prediction – May 4There has been a small line of price correction in the valuation of BTC/USD since the beginning of this month while the crypto’s value averaged the $60,000 resistance level. Price now trades in a less-active correctional move towards the support of $55,000. BTC/USD MarketKey Levels:Resistance […]

Bitcoin (BTC) Price Prediction – April 3 BTC/USD slumps below the resistance level of $58,986. Further downside momentum appears to be imminent but $55,000 may likely come out as support. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $64,000, $66,000, $68,000 Support Levels: $50,000, $48,000, $46,000 BTCUSD – […]

Bitcoin (BTC) Price Prediction – May 3 Today, the Bitcoin (BTC) bulls moved against the USD at numerous levels which almost touched $59,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $64,000, $66,000, $68,000 Support Levels: $51,000, $49,000, $47,000 BTCUSD – Daily Chart BTC/USD is resuming its upward […]

Bitcoin Price Prediction – May 3The rate at which the BTC/USD market has set on a recovery moving note is being lower-active as compared with some other cryptocurrencies pairing with the US fiat money. BTC/USD MarketKey Levels:Resistance levels: $60,000, $65,000, $70,000,Support levels: $50,000, $45,000, $40,000 BTC/USD – Daily ChartThe BTC/USD […]

Bitcoin (BTC) Price Prediction – May 3, 2021BTC/USD is in a brief uptrend and has partially broken above the $58,000 resistance. The bullish momentum could not be sustained above the resistance level because of intense selling pressure. Bitcoin now fluctuates between $56,000 and $58,000 price levels. Resistance Levels: $65,000, $70,000, […]

Bitcoin (BTC) Price Prediction – May 2 At the moment, BTC/USD is seen dropping over 1.77% within 24 hours as it trades at the $56,837 level. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $64,000, $62,000, $60,000 Support Levels: $52,000, $50,000, $48,000 BTCUSD – Daily Chart The daily […]

Bitcoin (BTC) Price Prediction – May 1, 2021Bitcoin Price has rallied to $58,000 high but was resisted. Today, Bitcoin is fluctuating below the $58,000 resistance. BTC price now fluctuates in a tight range between levels $57,000 and $58,000. BTC/USD is trading at $57,608 at the time of writing. Resistance Levels: […]

Bitcoin (BTC) Price Prediction – May 1 With Bitcoin shooting close to $58,000 once again, it has done little to flip the market sentiment at this stage BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $64,000, $66,000, $68,000 Support Levels: $52,000, $50,000, $48,000 BTCUSD – Daily Chart Looking […]