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Bitcoin Price Lacks Direction After Defense of $6,200

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Bitcoin has again entered range-bound trading following a defense of $6,200 yesterday.The post Bitcoin Price Lacks Direction After Defense of $6,200 appeared first on bitcoinmining.shop.

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XRP Price Bucks Bearish Market Mood to Hit 13-Day High

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XRP is reporting double-digit gains today, despite a generally bearish trend across the wider crypto markets.The post XRP Price Bucks Bearish Market Mood to Hit 13-Day High appeared first on bitcoinmining.shop.

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Bitcoin Price Outlook Worsens After Drop to Five-Day Lows

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Bitcoin’s drop to $6,200 on Monday has increased the odds of a move toward key support below $6,000.The post Bitcoin Price Outlook Worsens After Drop to Five-Day Lows appeared first on bitcoinmining.shop.

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$6,550: Bitcoin Charts Suggest New Target for Price Rally

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Bitcoin’s corrective rally seems to have stalled around $6,550, making it a key level to beat for the bulls.The post $6,550: Bitcoin Charts Suggest New Target for Price Rally appeared first on bitcoinmining.shop.

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Bitcoin Price Looks North After Passing $6.4K Resistance

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Having found acceptance above the key hurdle of $6,400, bitcoin’s corrective rally looks to be gathering pace.The post Bitcoin Price Looks North After Passing $6.4K Resistance appeared first on bitcoinmining.shop.

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$6K Ahead? Bitcoin Price Plunges After Brief Recovery

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Bitcoin’s short-lived corrective rally reinforces the bearish outlook put forward by the technical charts and indicates scope for a drop to $6,000.The post $6K Ahead? Bitcoin Price Plunges After Brief Recovery appeared first on bitcoinmining.shop.

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Bitcoin’s Double-Digit Drop Negates Long-Term Bull Market

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Bitcoin’s 13 percent slide in the last 24 hours has neutralized the long-term bullish reversal suggested on the technical charts earlier this week.The post Bitcoin’s Double-Digit Drop Negates Long-Term Bull Market appeared first on bitcoinmining….

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Bull Trap? Bitcoin Price Slides Below $7K Despite Strong Indicators

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Bitcoin is reporting losses a day after a bull breakout – a move that looks similar to a bull trap seen in July.The post Bull Trap? Bitcoin Price Slides Below $7K Despite Strong Indicators appeared first on bitcoinmining.shop.

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Bitcoin Indicator Turns Bullish for First Time in 8 Months

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Bitcoin’s weekly MACD indicator has risen above zero for the first time since January, confirming a long-term bearish-to-bullish trend change.The post Bitcoin Indicator Turns Bullish for First Time in 8 Months appeared first on bitcoinmining.shop.

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Bitcoin Lost 10% in August But May Have Made Long-Term Bottom

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Bitcoin is reporting a monthly loss for August, but its quick recovery from lows below $6,000 likely indicates a long-term bottom has been made.The post Bitcoin Lost 10% in August But May Have Made Long-Term Bottom appeared first on bitcoinmining.shop.

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