Bitcoin price extended its rise and traded above $24,000 against the US Dollar. BTC is currently correcting lower and it could find a strong support near $23,000 or $22,780. Bitcoin rallied further and it traded to a new all-time high above the $24,000 level. The price is now correcting below $23,500, but it is well above the 100 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $23,100 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to find a strong buying interest near $23,000 or $22,780. Bitcoin Price Sets New ATH In the past few days, there was a steady rise in bitcoin price above the $20,000 resistance against the … [Read More...]

Bitcoin price started a steady upward move from the $17,500 support zone against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,000. Bitcoin is trading in a positive zone above the $18,500 and $18,200 support levels. The price is now facing hurdles near the $19,000 level, but it is above the 100 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $18,900 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could start a strong rally if there is a close above $18,900 and $19,000. Bitcoin Price is Attempting Upside Break After a steady decline, bitcoin price found support near the $17,500 zone against the US Dollar. The BTC/… [Read More...]

Bitcoin price started a steady recovery from the $18,580 swing low against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,500. Bitcoin is rising steadily above the $18,800 and $19,000 resistance levels. The price is now trading nicely above the $19,000 resistance and the 100 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $19,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could start a strong surge if there is a close above $19,200 and $19,300. Bitcoin Price is Attempting Upside Break This past week, bitcoin saw a couple of swing moves from the $19,500 resistance against the US Dollar. The BTC/USD pair even broke the … [Read More...]

Bitcoin price started a fresh increase from the $16,200 support zone against the US Dollar. BTC is up 5% and it is trading above $17,500, but facing a major resistance at $18k and $18.2k. Bitcoin started a fresh upward move above the $17,000 and $17,200 levels. The price is now trading nicely above the $17,500 resistance and the 100 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $17,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could revisit the $18,200 resistance, where the bears might put a strong fight. Bitcoin Price is Rising Steadily This past week, bitcoin saw a sharp downside correction below $18,000 and $17,200 against the US … [Read More...]

MoneyNext Summit Online is the leading virtual event to address the current financial landscape and offer insight and opinion into the future of money.  MoneyNext Summit Online is a bigger and more complex version of Fintech Friday panel discussion, and is taking place from 18th to 21st August 2020. The event will assist fintech and tech professionals shape the future of money. MoneyNext Summit Online gives users access to over 30 hours of exceptional content across 4 days and a line-up of 180 speakers – fintechs and disruptors, technology decision makers to discuss, debate and challenge the latest industry trends and future innovations alongside an audience of 5000 people from tech giants and latest startups. The conference themes that will be in spotlight include Banking Transformation, Payments and Transfers, Blockchain, Open … [Read More...]

Bitcoin Press Release: The only Australian owned global holiday rental website “EzyStayz” has released their own cryptocurrency “EZY” which will be launching on the Korean exchange Foblgate on the 20th April at an introductory price of 0.005 USD. April 20th, 2020, Sydney, Australia – EzyStayz has 1 million listings in 205 countries around the globe, which include a whopping 80,000+ destinations worldwide and 1982+ hotel chains & boutique resorts. EzyStayz has enhanced its travel experience by introducing gaming elements to its product, offering a different marketing approach to customers, allowing them to play and win their accommodation booking for free. Listing on Foblgate The decision to launch on Foblgate was based on several factors. Foblgate is one of the largest exchanges in South Korea, a country that is responsible … [Read More...]

Bitcoin found a strong support near $9,330 and started a fresh increase against the US Dollar. However, BTC must settle above the 100 SMA (4-hours) for a sustained upward move. After trading to a new weekly low at $9,336, bitcoin price started a fresh increase above $9,500. The price is now trading nicely above the $9,600 and $9,700 levels. There is a major bearish trend line forming with resistance near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must climb above the 100 simple moving average (4-hours) and $10,080 to continue higher. Bitcoin is Still Facing Hurdles This past week, bitcoin failed once again to gain momentum above $10,300 and $10,500 against the US Dollar. As a result, BTC … [Read More...]

There was a strong drop in bitcoin price below the $10,500 support against the US Dollar. The price is currently correcting losses, but it remains below key hurdles near $10,500. There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to resume its decline below the $10,000 and $9,800 support levels. Bitcoin price is trading in a downtrend below $10,500 and $10,800 against the US Dollar. BTC price remains at a risk of more losses below the $9,800 support area. Bitcoin Price Weekly Analysis (BTC) In the last weekly forecast, we discussed the chances of a strong decline in bitcoin price to $10,500 against the US Dollar. The BTC… [Read More...]

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 the $11,250 resistance zone to continue higher in the near term. Bitcoin Price Weekly Analysis (BTC) This past week, bitcoin price extended its decline below the $10,000 support against the US Dollar. The BTC/USD pair… [Read More...]

Bitcoin price slowly moved higher and dips remained supported above $3,800 against the US Dollar. The price fell significantly recently, but buyers protected the $3,800 support area. There is a crucial ascending channel is in place with support at $3,830 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair remains in an uptrend and it is likely to accelerate above $4,000 and $4,100 in the near term. Bitcoin price is grinding higher with a positive bias above $3,800 against the US Dollar. BTC/USD buyers are in control and they seem to eye a test of the $4,200 resistance level. Bitcoin Price Analysis This past week, there was a steady rise from the $3,700 support area in bitcoin price against the… [Read More...]

Bitcoin price corrected lower sharply after trading towards the $4,200 resistance against the US Dollar. The price declined below the $3,860 support area and tested the $3,620 support zone. There is a short term ascending channel or bear flag formed with resistance at $3,900 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could slowly move higher as long as it is above the $3,760 and $3,720 supports. Bitcoin price started consolidating losses below $3,860 against the US Dollar. BTC/USD could rise again as long as there is no daily close below the $3,720 support level in the near term. Bitcoin Price Analysis After a sharp rally above the $4,000 level, bitcoin price faced sellers near the $4,190-4,200 zone against… [Read More...]

Bitcoin price extended gains and broke the $3,950 and $4,000 resistance levels against the US Dollar. The price traded to a new 2019 high above $4,100 and it could continue to rise in the near term. There was a break above a major triangle pattern with resistance near $3,950 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair traded above the $4,150 resistance and it could accelerate towards $4,250 and $4,400. Bitcoin price climbed higher sharply above the $4,000 barrier against the US Dollar. BTC/USD could correct a few points, but dips remain supported above $4,000 in the short term. Bitcoin Price Analysis This past week, we saw a lot of bullish moves above the $3,600 support in bitcoin price against… [Read More...]

Bitcoin price formed a support base near $3,370 and recovered higher above $3,450 against the US Dollar. There was a break above a major contracting triangle with resistance at $3,440 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair seems to be approaching a couple of important resistances near $3,500 and $3,510. Bitcoin price is slowly moving higher with positive signs against the US Dollar. However, BTC/USD is now approaching a significant hurdle near the $3,500 resistance zone. Bitcoin Price Analysis This past week, bitcoin price remained in a bearish zone below the $3,500 resistance against the US Dollar. The BTC/USD pair tested the $3,375 support area on the couple of occasions and later bounced back. The pair moved… [Read More...]

Bitcoin price formed a solid support near the $3,560 level and moved higher against the US Dollar. There is a crucial bearish trend line in place with resistance near $3,850 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move higher towards the $3,850 and $4,000 levels in the near term. Bitcoin price is showing positive signs above the $3,600 support against the US Dollar. BTC/USD could accelerate gains once there is a break above $3,800 and $3,850. Bitcoin Price Analysis This past week, bitcoin price dived below the $3,560 support level against the US Dollar. However, the BTC/USD pair found a strong buying interest near the $3,480 and $3,500 support levels. As a result, there… [Read More...]

Key Points Bitcoin price extended losses below the $4,000 and $3,600 supports against the US Dollar. There is a significant bearish trend line formed with resistance at $3,630 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently consolidating losses above $3,200, with resistances near $3,500 and $3,600. Bitcoin price is in a major downtrend below $4,000 against the US Dollar. BTC/USD may continue to struggle to recover above the $3,600-3,700 resistance zone. Bitcoin Price Analysis This past week, bitcoin price declined below the $4,000 support level against the US Dollar. The BTC/USD pair gained bearish momentum and traded below the $3,700 and $3,600 support levels. The decline was such that the price traded close to the $3,200 … [Read More...]