Bitcoin price rallied significantly and traded above the main $8,000 resistance against the US Dollar.
The price traded as high as $8,345 and recently corrected below the $8,000 support.
There is a crucial bullish trend line forming with support at $7,620 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).
The pair is likely to climb further above $8,400 and $8,500 as long as it is trading above $7,500.
Bitcoin Price Rose 3% as NY Supreme Court Denies Bitfinex’s Lack-of-Jurisdiction Claim
Tuesday August 20, 2019
Coinspeaker Bitcoin Price Rose 3% as NY Supreme Court Denies Bitfinex’s Lack-of-Jurisdiction ClaimThe New York Supreme Court ordered the New York Office of the Attorney General (NYAG) to process with their investigation and prosecution of iFinex, the parent company of cryptocurrency exchange Bitfinex, and stablecoin issuer Tether.In a court order filed on August 19, New […]
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Bitcoin price surged higher above $7,500 and $8,000 against the US Dollar. BTC is currently in a solid uptrend and it may perhaps extends gains towards $8,800 or even $9,000.
Bitcoin Price Analysis
This week, bitcoin price started a parabolic rally above the $7,000 and $7,200 barriers against the US Dollar. There was a proper close above $7,500 and the 55 simple moving average (4-hours). The BTC/USD pair climbed above the $7,500 and $8,000 resistance levels to trade to a new 10-month high. It even traded above $8,300 and formed a high at $8,345. Recently, it started a downside correction below the $8,100 level. The price traded below the 23.6% Fib retracement level of the last wave from the $6,865 low to $8,345 high.
However, the $7,600 support zone acted as a strong barrier for sellers. It represents the 50% Fib retracement level of the last wave from the $6,865 low to $8,345 high. Besides, there is a crucial bullish trend line forming with support at $7,620 on the 4-hours chart of the BTC/USD pair. The pair is currently moving higher towards the $8,080 and $8,120 resistance levels. The main hurdle is near $8,200, above which the price is likely to retest the $8,345 high.
If there is an upside break above the $8,345 high, the price could surge above the $8,400 and $8,500 levels. The next key resistance is near the $8,800 zone, followed by the $9,000 pivot area. Conversely, if there is a downside break below the trend line and $7,600, the last defense could be near $7,500. Below $7,500, the price could extend the correction towards the $7,200 support. It represents the 76.4% Fib retracement level of the last wave from the $6,865 low to $8,345 high.
ESPN+ Expands NBA G League Coverage With New Multi-Year Deal
Wednesday November 07, 2018
More than 200 NBA G League games each season will be coming to the ESPN+ streaming platform as part of a multi-year deal announced on Nov. 5. The deal started Tuesday when the Westchester Knicks defeated the Delaware Blue Coats in the G League season opener. ESPN+ will broadcast multiple G League games per day
The post ESPN+ Expands NBA G League Coverage With New Multi-Year Deal appeared first on W88.
Looking at the chart, bitcoin price is currently in a strong uptrend above $7,700 and $7,600. Therefore, there are high chances of more gains above the $8,345 swing high in the coming days. The next key targets for the bulls could be $8,500, $8,800 and $9,000.
4 hour MACD – The MACD is gaining strength in the bullish zone.
4 hour RSI (Relative Strength Index) – The RSI is currently well above the 55 and 60 levels.
Key Support Levels – $7,600 and $7,500.
Key Resistance Levels – $8,350, $8,500 and $8,800.
The post Bitcoin Price Analysis: BTC Rally Could Extend Above $8.8K appeared first on Live Bitcoin News.
David Krejci, Charlie McAvoy React To Bruins’ 5-3 Loss Vs. Penguins
Saturday December 15, 2018
The Boston Bruins showed some fight Friday night at PPG Paints Arena, but they were unable to extend their winning streak. Pittsburgh jumped out to a 3-1 lead, but the Bruins stormed back to tie the game midway through the third period. Boston couldn’t finish the job, though, as the Penguins scored the final two […]
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