Bitcoin (BTC) Smashes Resistance: Buyers Target Fresh Monthly High

Bitcoin price settled above the $5,160 resistance and climbed above $5,250 against the US Dollar. The price traded towards the $5,300 resistance and it is currently consolidating gains. There is a key ascending channel in place with support at $5,230 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could dips a few points, but it remains well supported for more gains above $5,300 and $5,350. Bitcoin price gained bullish momentum above $5,250 against the US Dollar. BTC remains in an uptrend and it is…

Bitcoin (BTC) Trend Overwhelmingly Positive As Bulls Eye $5,400

Bitcoin price formed a double bottom pattern near $4,940 and climbed higher against the US Dollar. Bulls pushed the price above the key $5,150 and $5,160 resistance levels. Yesterday’s highlighted major bearish trend line was breached at $5,110 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading in a positive zone and it could continue to rise towards $5,350 or $5,400. Bitcoin price rebounded sharply above $5,200 against the US Dollar. BTC is back in a decent uptrend and it seems like…

Risk Appetite to Drive Bitcoin (BTC) As Price Struggle in a $500 Range

Bitcoin (BTC) back to read, will sellers flow and force liquidation? Analysts are upbeat, expect Bitcoin (BTC) to close higher by end year Thomas Lee of Fundstrat is quite conservative with his projection, placing $10,000 at the end of the year. As more analysts are upbeat, a contrarian move may see Bitcoin (BTC) bears flow, driving prices to $4,800 or lower in a retest. Bitcoin Price Analysis Fundamentals It doesn’t take much to conclude that there is a revival in Bitcoin and crypto. After a frigid and an extended Bitcoin…

LedgerX Makes Bid to Launch Physically-Settled BTC Futures Product for Retail Investors

United States-regulated crypto derivatives and clearing platform LedgerX is eyeing the launch of a physically-settled bitcoin (BTC) futures contract, the company confirmed to Cointelegraph on April 16. LedgerX, which is overseen by the U.S. Commodities Future Trading Commission (CFTC), has applied for a designated contract market license that would allow it to launch the new futures product. Whereas the BTC futures contracts currently listed on CME are ultimately settled in fiat, a physically-settled version would see traders paid out in bitcoin upon contracts’ expiration. According to LedgerX co-founder Juthica Chou,…

Bitcoin Price Prediction: BTC Bulls Waiting On Sidelines To Go Big

Bitcoin price struggled to break the $5,190-5,200 resistance area and declined against the US Dollar. The price revisited the $4,940 support area and recently rebounded above $5,000. There is a crucial bearish trend line forming with resistance at $5,110 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could struggle in the short term, but bulls remain in control above $4,900. Bitcoin price is showing a few signs of weakness against the US Dollar. However, BTC bulls are likely to protect dips near the $4,940…

Bulls Chorus, Bitcoin (BTC) Steady above $5,000 despite Liquidation Risks

Bitcoin price close above $5,000 Analysts and Investors confident of market recovery The Bitcoin moon-sling chorus is only getting louder as the market ooze confidence thanks to early April upswings and supporting candlestick arrangement. Even so, there should be a conclusive close above $6,000 before bulls lift prices higher. Bitcoin Price Analysis Fundamentals Not only are ordinary investors and traders optimistic of Bitcoin’s long-term prospects–after prices rallied past $4,500 and bulls are actively rejecting anything below $5,000. Even so, analysts are on overdrive, dispensing their two cents on what the…

Top 5 Crypto Performers: BTC, EOS, ETH, TRX, ETC, MHC*

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The International Monetary Fund and the World Bank have launched a private blockchain and quasi-cryptocurrency to bridge the gap between its employees and the blockchain technology. The cryptocurrency will be called “Learning Coin” and will have no monetary value, but the staff will…

Bitcoin (BTC) Price Primed For Gains With Bullish Sentiment On Rise

Bitcoin price fund a strong support near the $4,920 level and later recovered against the US Dollar. The price broke the $5,120 resistance level to move into a positive zone. There was a break above a key bearish trend line with resistance at $5,080 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now trading nicely above the $5,150 level and the 100 hourly simple moving average. Bitcoin price rebounded nicely above $5,100 against the US Dollar. BTC is currently showing positive signs and…

Bitcoin (BTC) May surge 10X and Xapo CEO Suggest Investment

Bitcoin price steady above $5,000 Arthur Hayes projects Bitcoin at $50,000 Analysts are bullish. Of the many, Arthur Hayes of BitMex believes fundamentals are aligned pricing BTC at $50,000. With such a valuation, BTC will outperform traditional assets. Because of that, Wences Casares of Xapo suggests investing one percent of an investment portfolio in the digital asset. Bitcoin Price Analysis Fundamentals Price leads sentiment and right now, Bitcoin is on an uptrend. After 15 months when prices slid from $20,000 to lows of $3,200, there is relief that the market…