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“# AAVE, YFI and Elrond surge as Bitcoin price breaks above $19,300 ” Over the weekend Bitcoin (BTC) price made a push back above the $19,000 level as traders showed up and provided enough volume to support the surge. At the time of writing, BTC price breaking above a pennant but the $19,300 to $19,500…
“# Anthony Pompliano breaks down his Bitcoin outlook for 2021 ” In an exclusive interview with Cointelegraph, Pomp reaffirmed the Bitcoin price prediction he made back in 2019. “It’s going to be pretty aggressive. I am pretty confident in Bitcoin to $100K by the end of 2021.” Together with favorable macroeconomic conditions, Pompliano sees the…
“# Ethereum price targets $590 after bulls vigorously buy the ETH dip ” Bitcoin’s Dec.8 breakdown to $17,650 weighed heavily on most altcoins and Ether was not spared from the carnage. Daily cryptocurrency market performance. Source: Coin360 As the price of Bitcoin (BTC) dropped precariously close to a large CME gap at $17,000, Ether (ETH)…
“# $17K CME gap-fill looms after Bitcoin price closes below key moving average ” After spending the last few days trading in a tightening range, Bitcoin (BTC) price dropped from its pennant structure and closed below the 20-day moving average ($18,600). Crypto market daily price chart. Source: Coin360 Since topping out at $19,888 a number…
“# Compound (COMP) token outperforms the market as DeFi TVL rises to $14.4B ” The price of COMP, the governance token of the decentralized finance (DeFi) giant Compound, has been surging while the wider crypto market has entered a correction. Despite the ongoing cryptocurrency market slump, the token has rallied 56% in the past week….
“# Bitcoin price risks losing ‘critical technical level’ as stocks under pressure ” U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500. The daily price chart of Bitcoin (Coinbase). Source: TradingView COVID-19…
“# Bulls eye the $19.5K resistance but low volume keeps Bitcoin price sideways ” As mentioned by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price spent the weekend consolidating within a bull pennant and the breakout to $19,418 was quickly stamped out by overhead resistance. After retouching the pennant trendline, the price gave way, falling below the…
“# Bitcoin price consolidates as traders contest the $18.2K to $19.5K range ” After an impressive run to a new all-time high on Dec.1, Bitcoin (BTC) price appears to have entered a short consolidation phase as the price ranges between $18,200 and $19,500. The 1 and 4-hour charts show the price compressing into a pennant-like…
“# 3 reasons why Bitcoin price violently rejected near $20,000 ” Bitcoin (BTC) finally managed to secure a new all-time high but the digital asset rejected strongly near $20,000. On-chain analysts say a sell-off from whales and miners, combined with the $20,000 level acting as a resistance level caused a fierce drop. BTC/USD 15-minute chart….
“# Bitcoin price hits new all-time high as crypto market matures ” Bitcoin (BTC) price has officially reached a new all-time high on Dec. 1 above $19,892 after nearly three years, according to data from Coinbase and Tradingview. BTC/USD weekly chart (Coinbase). Source: Tradingview.com Despite the Thanksgiving crash last week, BTC price has managed to…