Bitcoin Price and Technical Market Analysis June 2nd, 2020

Bitcoin Price and Technical Market Analysis June 2nd, 2020

Buyers broke the upper trend line of the triangle from 8 May and tested $10,398. Without losing resistance, sellers will allow buyers to continue to grow to $11,000. Slowing growth and declining volumes will give sellers a chance for correction to $9700. Yesterday’s trading on Bitcoin market ended with the breaking of the upper trend […]

Trending Bitcoin News and Market Sentiment June 2nd, 2020: Andreessen Horowitz Says Libra-Like Competitors Will Soon Emerge, Bitcoin’s Exponential Volume Growth Will Place it on Par with Other Assets

bitcoin

Bitcoin broke new heights to touch February 2020 highs but swiftly came down to yesterday’s levels closer to USD 9,500 Libra-like digital money competitors will be coming in the near future, says a16z Coin Metrics data suggests Bitcoin’s exponential volume growth will place it on par with other assets Bitcoin made the news today when […]

Bitcoin Breaks Through $10,000 Level for the First Time Since February

bitcoin breakout

Bitcoin surges past critical long-term resistance level at USD 10,000 The price of Bitcoin rallied to as high as USD 10,500 overnight and continues to hold above USD 10,000 as of this writing. This is the first time since February that Bitcoin has broken through the USD 10,000 level. Further, now that Bitcoin is over […]