Select altcoins could move toward new highs if Bitcoin price continues to trade in a tightening range.
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Bitcoin Bull Cross That Last Sent Prices Up 74% Appears Again
A textbook bullish indicator whose last appearance in mid-February contributed to Bitcoin’s price rise to its record high has flashed again. Dubbed as MACD Bull Cross, the signal develops when the output of the difference between an asset’s 26-period and 12-period exponential coverage surges above its 9-period exponential moving average known as a signal line. […]
TA: Bitcoin Corrects Below $58K, But Here’s Why Uptrend Is Still Intact
Bitcoin price failed to surpass the $59,500 resistance against the US Dollar. BTC is now trading below $58,000, but it is still above important supports such as $56,500. Bitcoin failed to gain strength above the $59,200 and $59,500 resistance levels. The price is now trading below the $58,250 support and the 100 hourly simple moving […]
TA: Bitcoin Steadies Above $50K, Why BTC Could Recover To $55K
Bitcoin price extended its decline and traded close to $50,000 against the US Dollar. BTC is now consolidating losses and it is likely to start a recovery towards $55,000. Bitcoin extended its decline below $52,500 and $51,200 support levels. The price is now trading well below $55,000 and the 100 hourly simple moving average. There […]
Morgan Stanley introduces Bitcoin investing for millionaire clients
Public Bitcoin acceptance continues to grow as Morgan Stanley provides another on-ramp for mainstream capital.