Category Archives: btcusd

Crypto Update: Bitcoin Touched $4000 as Broad Rally Continues

Yesterday’s break-out to new short-term highs continued today in the cryptocurrency segment, with Bitcoin’s push towards the $4000 making headlines in the segment. The most valuable coin surged past the $3850 level, dragging most of the majors higher, but Ethereum and most of yesterday’s leaders lagged behind BTC during today’s session. That said, the short-term […]

The post Crypto Update: Bitcoin Touched $4000 as Broad Rally Continues appeared first on Hacked: Hacking Finance.

Bitcoin Blows Past $4,000 as Volume Surges to 10-Month High

Bitcoin’s bulls maintained full control of the market on Tuesday, as the BTC/USD exchange rate crossed $4,000 for the first time since early January. In the process, exchange-based volumes surged to their highest levels in ten months. BTC/USD: Breakout Eyed The bitcoin price crossed $4,000 on Bitfinex and reached a session high of $4,048, the […]

The post Bitcoin Blows Past $4,000 as Volume Surges to 10-Month High appeared first on Hacked: Hacking Finance.

Crypto Update: Ethereum Leads Second Phase of Rally

The major cryptocurrencies are all significantly higher today amid the US market holiday, with most of the top digital currencies also hitting their highest levels in a month. Today’s leaders also took out the highs set during the Litecoin-led spike 10 days ago, and the new swing highs mean that the counter-trend move continues. The […]

The post Crypto Update: Ethereum Leads Second Phase of Rally appeared first on Hacked: Hacking Finance.

Bitcoin Surges to Five-Week High; Crypto Bulls Reignite?

Bitcoin and the wider cryptocurrency market surged to five-week highs on Monday, stoking renewed optimism that the end of ‘crypto winter’ was finally upon us. The sudden price surge was accompanied by a dramatic rise in trading volume, a phenomenon that was first observed in the fourth quarter. BTC/USD: Price Update The bitcoin price reached […]

The post Bitcoin Surges to Five-Week High; Crypto Bulls Reignite? appeared first on Hacked: Hacking Finance.

Bitcoin Price Defends Critical Level as Fees Plummet, Transactions Surge

Bitcoin’s price may have stagnated through the early part of 2019, but underlying fundamentals show the market has turned a corner with respect to fees and transactions. As Diar recently pointed out, bitcoin fees plunged to four-year lows in January, while transactions hit their highest levels since 2017. BTC/USD Update In terms of price action, […]

The post Bitcoin Price Defends Critical Level as Fees Plummet, Transactions Surge appeared first on Hacked: Hacking Finance.

Bitcoin’s Latest Rally Attempt Faces Strong Resistance

Bitcoin’s price ran into resistance on Tuesday, as price action continued to cool following an explosive rally last week. The leading digital currency has backed off 3% from the most recent swing high in what appears to be a broad consolidation phase for cryptoassets. BTC/USD Update The bitcoin price showed considerable variance on virtual exchanges […]

The post Bitcoin’s Latest Rally Attempt Faces Strong Resistance appeared first on Hacked: Hacking Finance.

Crypto Update: Coins Pull Back as Follow-Through Rally Fades

The cryptocurrency segment has been consolidating Friday’s Litecoin-led surge over the weekend, and although most of the major coins are holding on to the bulk of their gains, the follow-through move has been lacking momentum. That said, compared to the failed Ripple-led attempt two weeks ago, more coins are showing positive signs, and despite the […]

The post Crypto Update: Coins Pull Back as Follow-Through Rally Fades appeared first on Hacked: Hacking Finance.

Bitcoin Price Aims Higher as Volume Returns, Volatility Crumbles

Bitcoin’s price was little changed at the start of Monday’s session, though a volume breakout overnight signaled the return of bullish momentum. At the same time, volatility has dropped to its lowest level in nearly three months, a possible sign that the bears were slowly relinquishing control of the market. BTC/USD Update The bitcoin price […]

The post Bitcoin Price Aims Higher as Volume Returns, Volatility Crumbles appeared first on Hacked: Hacking Finance.

Trade Recommendation: Bitcoin

We’ve been watching Bitcoin (BTC/USD) closely ever since it started forming a falling wedge on the daily chart. This was an indication that the market was becoming bullish even though price, volume and volatility were gradually dropping. Bears used these indicators to argue that Bitcoin would soon breach support of $3,200 and nosedive to monthly […]

The post Trade Recommendation: Bitcoin appeared first on Hacked: Hacking Finance.

Bitcoin Update: Breakout Incoming

Bitcoin (BTC/USD) has been bleeding out ever since it failed to take out resistance of $4,200 on December 24, 2018. Slowly but surely, price faded along with volume and momentum. Relief bounces have been few and far in between. Under such conditions, bears are once again making noise, screaming that the bottom may be found […]

The post Bitcoin Update: Breakout Incoming appeared first on Hacked: Hacking Finance.

Crypto Update: Bearish Drift Continues in Crypto-Land

Trading activity remained low in the cryptocurrency segment following the mixed weekend, and although the top coins continue to be stuck in bearish technical setups, bulls avoided a move below the key short-term support levels. That said, none of the majors managed to show bullish momentum or technical progress in the quiet environment, and we […]

The post Crypto Update: Bearish Drift Continues in Crypto-Land appeared first on Hacked: Hacking Finance.

Crypto Update: Weekend Rally Fades as Coins Lack Momentum

While the major cryptocurrencies had a bullish Saturday following a hectic week, with Litecoin pulling its weight again, the segment continues to be controlled by sellers. We still haven’t seen meaningful technical progress in the top coins, with even the short-term resistance levels proving too strong in the quiet and illiquid environment. Today, the majors […]

The post Crypto Update: Weekend Rally Fades as Coins Lack Momentum appeared first on Hacked: Hacking Finance.

Crypto Update: Market Bounces Again as Litecoin Gains Ground

The cryptocurrency segment had another active day, and although the recent failed rally attempt cemented the short-term downtrend, the majors managed to avoid another downswing, for now. The top coins were boosted by the more than 5% advance of Litecoin, while the continued stability of Bitcoin also helped investor sentiment in the segment ahead of […]

The post Crypto Update: Market Bounces Again as Litecoin Gains Ground appeared first on Hacked: Hacking Finance.

Crypto Update: Coins Turn Lower as Ripple-Effect Fades

Yesterday’s rally, which was led by the surge in the price of Ripple quickly ran out of steam, as the majority of the major cryptocurrencies failed to make meaningful technical progress, and the broad bearish pressures remained strong in the segment. XRP spiked briefly above the $0.33 level, but failed to maintain its bullish momentum, […]

The post Crypto Update: Coins Turn Lower as Ripple-Effect Fades appeared first on Hacked: Hacking Finance.

Bitcoin on Track for Sixth Consecutive Monthly Loss; Will February Bring Reprieve?

Bitcoin’s price showed little upside on Thursday, as the leading digital currency rounds out its sixth consecutive month in the red. A reluctance by the bulls to capitalize on the $3,500-$4,000 price range suggests further downside is likely in the short term. BTC/USD Update The bitcoin price is currently trading as low as $3,414 on […]

The post Bitcoin on Track for Sixth Consecutive Monthly Loss; Will February Bring Reprieve? appeared first on Hacked: Hacking Finance.

Crypto Update: Ripple Surges on Swift-R3 Partnership, but Bearish Forces Still Strong

The major cryptocurrencies all gained ground today, with the help of Ripple’s strong, news-induced rally, which propelled the currency all the way to the, recently significant, $0.32 price level. While XRP managed to recapture the $0.30 resistance level, its peers failed to make meaningful technical progress, and the bearish overall picture remains dominant in the […]

The post Crypto Update: Ripple Surges on Swift-R3 Partnership, but Bearish Forces Still Strong appeared first on Hacked: Hacking Finance.

Crypto Update: Majors Attempt Bounce but Technical Setup Still Bearish

Following yesterday’s key short-term breakdown the top cryptocurrencies found support today in early trading and attempted a weak rally towards the previous support levels. With Bitcoin showing relative weakness overnight, and with Ripple and Ethereum only bouncing back slightly, the break-down remained clearly intact despite the rally attempt and the negative short- and long-term trends […]

The post Crypto Update: Majors Attempt Bounce but Technical Setup Still Bearish appeared first on Hacked: Hacking Finance.

Crypto Update: Top Coins Break Support as Consolidation Period Ends

The bearish trend in the cryptocurrency segment proved its strength yet again, as following a lengthy period of consolidation, most of the majors broke below key support levels today, hitting new 1-month lows in the process. While there are a few positive signs that could give hope to bulls here, especially the relative stability of […]

The post Crypto Update: Top Coins Break Support as Consolidation Period Ends appeared first on Hacked: Hacking Finance.

Bitcoin Risks Bigger Pullback as Prices Fall to Six-Week Low

Bitcoin pivoted south on Monday, falling to the lowest level since mid-December as bearish forces reasserted their control. Hard Fall The bitcoin price plunged to a low of around $3,350 on Monday, as the carnage quickly spread to altcoins and tokens. The sudden move lower shaved more than $6 billion off the combined cryptocurrency market […]

The post Bitcoin Risks Bigger Pullback as Prices Fall to Six-Week Low appeared first on Hacked: Hacking Finance.

Crypto Update: Market in Standstill but Weakness in Top Coins Apparent

While directionless trading continues in the cryptocurrency segment, the bearish drift in the top 3 coins is a warning sign for bulls that the broader downtrend is still intact. The technical setup has been unchanged for over a week, with the short-term trading ranges still being in place despite the failed break-downs and the weak […]

The post Crypto Update: Market in Standstill but Weakness in Top Coins Apparent appeared first on Hacked: Hacking Finance.

Crypto Update: Top Coins Still Under Pressure as Support Levels Continue to Hold

The technical setup continues to be stable in the cryptocurrency segment, with no major developments among the top coins, even as a few key short-term support levels have been tested in the past 24 hours. The weakness in the markets of Ethereum and Ripple is still weighing on the outlook of the broader market, and […]

The post Crypto Update: Top Coins Still Under Pressure as Support Levels Continue to Hold appeared first on Hacked: Hacking Finance.

Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Good Things Happen to Those Who Wait

Signs of weakness appear while playing on the edge. ETH/USD must lead now or suffer for months. BTC/USD does not work for either side of the market. The most rising value right now is patience. In a world where everything goes faster than our mind is capable of handling, patience is today a value that […]

The post Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Good Things Happen to Those Who Wait appeared first on Hacked: Hacking Finance.

Crypto Update: Coins Settle Down After Weekend Pump & Dump

While crypto bulls had something to cheer about early on during the weekend following a rally attempt in the majors, the move once again failed to improve the technical setup in the segment, and the top coins quickly gave back their gains. Now, most of the coins are trading near the bottom of their short-term […]

The post Crypto Update: Coins Settle Down After Weekend Pump & Dump appeared first on Hacked: Hacking Finance.

Bitcoin Reverses Gains as Bears Eye Breakdown of Major Support Level

Bitcoin swung lower on Sunday, giving back all of Saturday’s gain and setting the stage for a possible re-test of a long-term support level. BTC/USD Update Bitcoin’s price fell 4% to $3,596.96, where it was approaching an important long-term support. That level is located at $3,550. A successful penetration south by the bears could set […]

The post Bitcoin Reverses Gains as Bears Eye Breakdown of Major Support Level appeared first on Hacked: Hacking Finance.

Return to $100 Billion Awaits as Crypto Market Loses $5B in One Hour

The cryptocurrency market lost $5 billion worth of value in fifty-five minutes on Sunday, as Bitcoin once again dipped into the high $3,500 range. The entire stack of cryptocurrencies appears to be on dangerous footing, and despite miraculous growth recorded by various altcoins in recent weeks, one gets the feeling that a return to a […]

The post Return to $100 Billion Awaits as Crypto Market Loses $5B in One Hour appeared first on Hacked: Hacking Finance.

Crypto Update: Coins Drift Lower but Damage Remains Limited

The major cryptocurrencies continue to trade in narrow ranges following last week’s decline and this week’s failed rally attempt. While Bitcoin is stuck near the $3600 support, the other top coins have been losing ground today, with Ethereum dipping below the $120 level, Ripple violating the $0.32 price level and Litecoin testing the $30-$30.50 support […]

The post Crypto Update: Coins Drift Lower but Damage Remains Limited appeared first on Hacked: Hacking Finance.