Tag: BTC

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Bitcoin Price Analysis: BTC/USD Bottoming Out But Still a Long Way To Go

Bitcoin continues to gain traction on its bounce as it starts to form an ascending channel on its short-term time frames. Price is testing...

Bitcoin Price Analysis: BTC/USD More Bullish Confirmation

Bitcoin broke to the upside of its short-term descending channel to signal that a reversal is underway. However, resistance at $4,450 appears to be...

Bitcoin Price Analysis: BTC/USD Early Bullish Signals

Bitcoin managed to bust through the top of its descending channel on the 1-hour chart to signal that a reversal from the earlier slide...

Bitcoin Price Analysis: BTC/USD Aiming for Channel Support Again?

Bitcoin bounced off the area of interest highlighted in the previous article, confirming that selling pressure is still in play. Price might be moving...

Ohio to Allow Businesses to Pay Taxes with Bitcoin

The state of Ohio has reportedly become the first to allow taxes to be paid in Bitcoin. The move comes despite the digital currency's falling...

Bitcoin Price Analysis: BTC/USD Bearish Pullback Going On

Bitcoin has formed lower highs to trend below a descending trend line on its 1-hour chart. Price is currently testing this resistance level and...

Bitcoin Price Analysis: BTC/USD Bounce Back to $5,000?

Bitcoin is trending lower and is creating a descending trend line with its lower lows since last week. Price looks prime for another test...

Bitcoin Price Analysis: BTC/USD Aiming for $2,000?

Bitcoin is gaining bearish momentum since its downside break from a falling wedge pattern. Price appears to be forming a descending channel on its...

Bitcoin Price Analysis: BTC/USD Some Support at These Levels?

Bitcoin appears to have broken down from its falling wedge consolidation to signal that a steeper drop is underway. However, there are still a...

Lightning Network Reaches Record Capacity Highs, Passing 4,000 Nodes

Bitcoin’s main network implementation of the Lightning Network has recently reached a new all-time capacity high, passing 4,000 nodes for the very first time....

Bitcoin Price Analysis: BTC/USD Upside and Downside Targets

Bitcoin appears to be forming a bearish continuation flag pattern on its short-term chart, and the longer-term view shows how low it might go....

Bitcoin Price Analysis: BTC/USD Quick Pullback Opportunity

Bitcoin recently made a sharp drop but has found support at the $5,200 area where bulls were likely waiting to buy on dips. This...