Bitcoin Pushes Higher as Bulls Target $10,800

After facing a sudden influx of selling pressure yesterday, Bitcoin’s bulls have been able to defend its position within the mid-$10,000 region and are now pushing BTC up towards its next key resistance level around $10,400. Assuming that this level is broken through, it is possible that bull’s next target will be $10,800, which is…

Bitcoin Dips Below $10,000, But Bulls May Soon Take Control

Bitcoin has once again dropped to its key support level of $10,000, although each minor dip below this level over the past 24 hours has been met with relatively strong buying pressure. If BTC is unable to surge from this level, however, it could once again revisit its historically strong support region that currently exists…

Can Bitcoin Bulls Fend Off a BTC Drop to $6,000? Yes, and Here’s Why

Sorry bulls, the Bitcoin price is slipping once again. Over the past day, the cryptocurrency has trended lower, falling to $10,050 as of the time of writing this. At 2.5% down on the day, BTC isn’t looking bearish per se. Yet, with volumes decreasing and Bitcoin being caught in a descending triangle chart pattern, which…

Bitcoin Price Soars 7% as Bulls Find Support at Lower Levels

Over the course of the first half of the year, the cryptocurrency market enjoyed an amazing run, and much of it was driven by Bitcoin (BTC), which ended up with hefty gains at the end of each of those months. However, the months of July and August proved to be an extremely turbulent period for…

Bitcoin Price (BTC) Signaling Bullish Reversal: Can Bulls Break $10.5K?

Bitcoin price surged higher and broke the main $10,000 and $10,200 resistances against the US Dollar. The price is currently consolidating below the next key resistance at $10,500-$10,525. This week’s followed key bearish trend line was breached with resistance near $9,880 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price…

Bitcoin Bulls Win Tug Of War, BTC Surges 7% to $10,400

Bitcoin bulls are back — that’s right. In the past few hours, the cryptocurrency has been regaining its upward momentum once again, finally showing some bullish price action following the Friday close of the CME’s August BTC futures contracts. Related Reading: 1,000 Bitcoin Buy Wall May Bolster Bull’s Attempt to Push BTC to $10,000 This…

1,000 Bitcoin Buy Wall May Bolster Bull’s Attempt to Push BTC to $10,000

After facing a significant amount of selling pressure that resulted from its recent drop below $10,000, Bitcoin’s bulls have stepped up and are now attempting to push BTC back into the five-figure price region. This upwards momentum has been bolstered by a massive BTC buy wall on Binance and a bullish fractal pattern that may…

Symmetrical Triangle Pattern May Bolster Bitcoin Bulls

Over the past couple of days Bitcoin has found itself caught within a relatively tight trading range and has continued to find strong support around $10,000. Although some analysts have claimed that this support level is wearing thin, BTC has yet to post a decisive break below this level in recent times. Now, multiple analysts…

Bitcoin Daily Chart Alert – Bulls, Bears Duking it Out – Aug. 21

Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! Editor’s Note: Welcome to Kitco’s Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a…

U.S. Department of Transportation Rejects Delta Airlines Ban Of Pit Bulls As Service Animals On Flights

Last week, the U.S. Department of Transportation (DOT) issued a Final Statement of Enforcement Priorities Regarding Service Animals that provides greater clarity to passengers, airlines, and other stakeholders about the DOT’s interpretation and enforcement of the existing service animal rules. In this Final Statement, the Department’s Enforcement Office announced that it does not intend to…