Share: Bitcoin price winds around the 50-day SMA as it casts out for the next directional bias. BTC could make a 5% climb to $46,000 if the bulls have their way as technical indicators favor the upside. A break and close below $41,880 would invalidate the bullish supposition. Bitcoin (BTC) price is working … Read more
Share: Bitcoin price is trading horizontally, trapped within the upper range of the Bollinger Indicator. BTC could make a 5% move north soon to clear the $43,750 blockade as volatility increases. A strong break and close below the centerline of the Bollinger at $41,880 would invalidate the bullish thesis. ETF specialist Eric Balchunas … Read more
Share: Bitcoin price continues to trade horizontally with technical indicators showing limited upside potential. BTC could drop 5% after multi-week consolidation below the $43,750 blockade. The bearish thesis will be invalidated if the price breaks and closes above $46,000. Appearing on Monday, Federal Reserve chair Jerome Powell expressed worrisome comments about the US … Read more
Share: XRP price trades sideways on Monday after yielding 3.66% weekly losses for holders. Following the recent developments in the SEC vs. Ripple lawsuit, the next key date is February 12. Legal expert John Deaton notes that Ripple could show an exemption to a vast majority of institutional sales in the lawsuit. XRP … Read more