Market Update News

Bitcoin bulls pushed the price above a key level at $9,119 and are now aiming to set a daily higher high above $9,200.

Bitcoin bulls sliced through $8.8K and pushed the price right to the doorstep of $9,000 on a high volume breakout.

Bitcoin bulls finally pushed the price above $8,500 and the 50-DMA but bulls now need to take out the $8,500-$8,650 level in order to reach the next target at $...

Bitcoin held $8.2K, leading to an oversold bounce that produced a 3.97% gain but now the price is struggling to push through the 50-EMA as $8.5K presents resist...

Bitcoin’s consolidation culminated with a downside break below the $8.3K support but bulls are fighting to hold the price above the 200-day moving average.

A third stint below $8,500 hit markets on Thursday as progress towards $9,000 appeared unlikely once again.

Bitcoin price topped $9K for the first time in 2020, leading traders to focus on flipping $9.2K to support in order to continue the rally to $9.6K.

A surge higher to finally exit the $8,000 range was short-lived at press time as observers waited to see where support would appear.

The bullish momentum for Bitcoin price has slowed down, leading to what traders hope will be a brief period of consolidation.

Dramatic bullish action in the first two weeks of 2020 buoys traders, who identified Bitcoin’s 200-day moving average as the next major resistance zone.

As Bitcoin rallied to a multi-month high at $8,859, altcoins vigorously shook off their current malaise by posting double-digit gains, most notably, Bitcoin SV.

Bitcoin could have an easy run further into the $8,000 range but one factor, in particular, is putting the brakes on bullish belief, says the trader.

Dash sees its price increase by 16% as Bitcoin hovers around the $8,100 mark, market situation mixed.

Bitcoin price rebounded over $8,000 earlier today snapping a 3-day losing streak and placing the asset in a good position to test the $8.6K and $9K levels next.

The largest cryptocurrency sees heavy downward pressure since hitting in excess of $8,400, with a CME futures gap providing reliable support.