CryptoNewsZ

• Bitcoin (BTC) Appears Visibly Bullish & RSI Notably Hits Above 70 April 2, 2020
  Bitcoin, at the time of writing this analysis, had already breached above $6,700 after 6 days of the sluggish movement, below $6.5k and even $6k. BTC takes a bullish toll after days of price accumulation and trading sideways. Moreover, it is important to note that Bitcoin and other cryptos are standing strong support in the […]
• Bitcoin (BTC) Breaks the Subtle Uptrend as the Price Accumulates April 1, 2020
  Bitcoin, at the time of writing this analysis, was trading around $6,200 after breaking the subtle uptrend around $6,400, below 50.0% Fib Retracement level BTC price currently lacks support from 50-day and 200-day daily moving average due to current price accumulation When the coin slid below $4k at $3,800, the RSI slid in the selling […]
• Why Is This the Right Time to Invest in Bitcoin? March 31, 2020
  The coronavirus pandemic has changed the world like never before. The economic meltdown is staring at our face, and the recent announcement of Federal Reserve to print infinite currency has come across as a double-edged sword. While this move will bring much-needed relief for investors, it is surely going to hurt the value of the […]
• Bitcoin Gains Intraday Momentum and Readily Surges Above $6.4k March 30, 2020
  Bitcoin (BTC), at the time of writing, was seen hitting the intraday high above $6,400 after hitting a weekly low around $5,800. Yet, this was quite an anticipated dip that was lined up after the price of BTC faced a “death crossover” and price accumulation above $6k and $6.5k over a period of 7 days. […]
• Bitcoin (BTC) Nosedives Around $6k; Major Support Lies at $5.8k March 28, 2020
  Bitcoin experienced the most anticipated fall as it retests around $6k and $6.1k after accumulating above $6.5k. Well, you would wonder, how was this an anticipated fall of BTC. Aligning the analysis done two days back, we were quite ready for a dip sooner or later as the coin experienced a “death crossover,” and it […]
• Bitcoin (BTC) Turns Flat Above $6.5k; A Massive Price Change Expected March 27, 2020
  Bitcoin, at the time of writing this analysis, continued to trade above $6.5k at $6,650.93 along with the price accumulation above 50.0% Fib Retracement level. Amidst the global crisis, the BTC price trend has drawn a high at $9,200, low at $3,800, and relief support at $6,500. Analyzing the 4-hourly movement of Bitcoin against the […]
• Bitcoin (BTC) Continues to Confuse; Will It Experience Bulls or Bears? March 26, 2020
  Bitcoin Price News: Bitcoin continues to trade above $6k and $6.5k for the 5th day now, and we are likely to draw a week full of bullish crossover if it does not nosedive any sooner. However, even if BTC maintains a winning streak, it is drawing a controversial picture overall. In less than 30 days, […]
• Infusion of Liquidity by US Federal Reserve: Impact on Value of Bitcoin and Gold March 26, 2020
  The devastating impact of coronavirus is glaringly obvious not only the social fabric but also on the global economic system. The highly contagious disease has brought the world to its knees and governments and federal institutions are leaving no stone unturned to support their economies to avoid global meltdown kind of a situation that the […]
• Bitcoin (BTC) Trades Above $6k Yet Draws a Complex Picture March 25, 2020
  Bitcoin price has been trading above $6k for the 4th day straight and has even hit as high as $6.9k on Tuesday, March 24, 2020. However, the cumulative price trend of BTC shows a similar kind of bear market entry that happened in 2018, leading to unprecedented weekly highs and lows. On the other side, […]