Crypto Review - Page 100

The first cryptocurrency is again carefully approaching the most critical psychological level of $10K. It is the fourth time Bitcoin is trying to reach this resistance level, and the bulls still have hope for continued growth. Trade volumes in the.

The activity on traditional financial markets seems to have diverted the attention of investors and traders away from cryptocurrencies. Bitcoin trades around $9,800, rising slightly overnight with stable trading volumes of around $22 bln. Bitcoin’s daily charts show an upward.

Bitcoin stalls close to $9,700 around Friday’s closing levels. A short spike in volatility did not manage to shake the market early in the morning. Trading volumes remained stable at around $22bn. The price spike may have technical nature with.

Bitcoin kept relatively calm on the weekend, showing a rather narrow price range of $9,500-$9,750 during the last day. At the same time, it is possible to note a rather significant growth of trading volumes by 37% to $26 bln..

Bitcoin climbed by more than a per cent in 24 hours and at the moment changes hands for $9,800. At some point, the coin managed to grow to $9,900 but encountered resistance there. Trade volumes were stable. $10K became a.

Bitcoin managed to stabilise after another unsuccessful attempt to overcome $10K. That was the third attempt in a month. At the moment, the market has divided into those who think that $10K may be the “ceiling” for the benchmark cryptocurrency.

The events in the crypto market are very fleeting. It seems that the bitcoin growth above $10K was pure speculation. Realising that the coin encountered a serious resistance around $10,100, investors started to take profit. Bitcoin lost 6%, returning to.

Bitcoin is up 6% a day and changes hands for $10,100. The coin has not yet emerged from the sideways trend, which lasted about a month. In early May the coin tried to overcome the resistance of $10K but surrendered.

During the month, Bitcoin has been trying to break the global downtrend and exceed the $10,000 threshold, but the highs within these rebounds are getting lower each time. There is a feeling that the market is teasing buyers: every time.

During the last 24 hours, bitcoin has increased by 4% to $9,500 with a similar rise in trading volumes. This growth coincided with a significant transaction of whales. According to WhaleAlert, 11,660 BTC ($111,259,669) were transferred between two unknown wallets..

Bitcoin is again above $9K, but there is not much excitement among market participants. Everything is easy to explain: bulls and bears are too often playing tug-of-war near this level. This sideways price trend with short-term rebounds and drops lasts.

Bitcoin was still unable to overcome $9K gravity yesterday. For the first crypto-coin, ever lower resistance levels often turn out to be a pretty adverse scenario. Bitcoin loses about 1% per day and trades around $8,850 with a further decrease.