Archive | btcusd price

Bitcoin Price Weekly Analysis – BTC/USD Eyes New High

Key Points Bitcoin price is in super bullish trend and it recently traded above $7950 against the US Dollar. There is a connecting resistance trend line forming with current barrier near $8050 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well supported above the $7500 level and eyes a […]

Bitcoin Price Technical Analysis for 11/13/2017 – Deeper Correction Underway?

Bitcoin price is in the middle of a much-needed correction from its strong rally since mid-September but technical indicators suggest that the uptrend could resume soon. The post Bitcoin Price Technical Analysis for 11/13/2017 – Deeper Correction Underway? appeared first on NEWSBTC.

Bitcoin Price Weekly Analysis – BTC/USD Breaks Key Support

Key Points Bitcoin price struggled to move above the $7770 level against the US Dollar and started a downside move. There was a break below a major bullish trend line with support at $6780 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well below the $6500 level and remains […]

Bitcoin Price Weekly Analysis – BTC/USD Eyes Break of $8000

Key Points Bitcoin price is gaining pace and will most likely break the $7500 resistance against the US Dollar. There is a major bullish trend line forming with support at $7300 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well supported above the $7300 and $7000 support levels for […]

Bitcoin Price Technical Analysis – BTC/USD Holding Uptrend Support

Key Points Bitcoin price rocketed higher and broke the $7000 handle against the US Dollar. Yesterday’s highlighted bullish trend line with current support at $6930 is intact on the hourly chart of the BTC/USD pair (data feed from SimpleFX). The pair might continue to move higher as long as it is above $6900. Bitcoin price […]