Bitcoin price rallied recently above the $4,000 resistance and towards $4,040 against the US Dollar.
The price traded as high as $4,037 and later started a downside correction.
This past week’s highlighted major ascending channel is intact with support at $3,930 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).
The pair remains supported on dips and it could extend gains above $4,035 and $4,080 in the near term.
Venezuela Airdrop Can Assist the Public with Crypto
Monday April 22, 2019
Venezuela has long been in a state of crisis, but you can help it improve through cryptocurrency. From Strong to Starving Steve Hanke – an applied economics professor at Johns Hopkins University – is leading a new crypto-based financial campaign known as Airdrop Venezuela. In a recent interview, he explains how members of the public […]
The post Venezuela Airdrop Can Assist the Public with Crypto appeared first on 12bit trade.
Bitcoin price extended gains above $3,900 and $4,000 against the US Dollar. BTC is following a significant uptrend and it is likely to climb to a new monthly high above $4,035.
Bitcoin Price Analysis
In the last analysis, we discussed a strong uptrend above $3,750 in bitcoin price against the US Dollar. The BTC/USD pair remained in an uptrend and following a solid bullish pattern above the $3,900 resistance level. Buyers took control above $3,930 and the 55 simple moving average (4-hours). As a result, there were solid gains above the $3,950 and $3,980 resistance levels. The price even rallied above the $4,000 barrier and traded to a new monthly high near $4,037.
Later, the price started a downside correction below $4,400 and $3,980. There was a break below the 23.6% Fib retracement level of the last wave from the $3,846 low to $4,037 high. However, the decline was protected by the key $3,930 support level. Moreover, the 50% Fib retracement level of the last wave from the $3,846 low to $4,037 high also acted as a strong support for buyers. Finally, the price started trading in a range and traded higher towards the $4,000 and $4,015 resistance levels.
It seems like there is a solid barrier formed near the $4,015 level. A proper close above the mentioned $4,015 resistance level is likely to clear the path for more gains above the $4,035 and $4,050 levels. The next targets for buyers could be near $4,100 and $4,200. On the downside, the $3,930 level is a strong support. More importantly, this past week’s highlighted major ascending channel is intact with support at $3,930 on the 4-hours chart of the BTC/USD pair.
Scum developers will add nudes to the game
Wednesday October 31, 2018
The developers of Scum announced the update of The Wild Hunter, with which the game will add stripping. Recently, masks from human skin appeared in Survival, and soon heart attacks will be added to the game for those who eat without stopping. Gamepires Studio did not report what else will be included in the update
Looking at the chart, bitcoin price is clearly placed nicely above the $3,930 support. Therefore, there are high chances of more gains above the $4,015 and $4,050 levels. If not, a break below $3,930 could push the price towards the $3,860 support.
4 hour MACD – The MACD is currently placed nicely in the bullish zone, with a positive bias.
4 hour RSI (Relative Strength Index) – The RSI is still trading well above the 50 level, with no major bearish sign.
Key Support Levels – $3,930 and 3,860.
Key Resistance Levels – $4,015, $4,050 and $4,100.
The post Bitcoin Price Analysis: BTC Following Significant Uptrend, Targets $4,200 appeared first on Live Bitcoin News.
Shawna Andritch: 5 Fast Facts You Need to Know
Friday December 14, 2018
Shawna Andritch is a California woman facing a murder charge in the death of a baby girl found dead in a cardboard box in Corona, The Los Angeles Times reported. Police say Andritch, 22, gave birth to the girl and left her in the box near a freeway in July. Police arrested Andritch along with […]