Can bulls keep the price above the $20,000 mark? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser Rager
On the hourly chart, Bitcoin is trading above the local resistance level at $19,942. If thedoes not come back to that level, there are high chances to see a further upward move to the $20,700 mark.
On the bigger time frame, Bitcoin has broken the vital $20,000 mark. At the moment, one needs to pay close attention to the daily closure of the leading cryptocurrency. If the price remains above yesterday's peak at $20,159, the rise may continue. On the weekly chart, it is too early to make any price projections. However, if bulls can hold the $19,500 level, the bounce off can continue until mid-September. On top of that, bulls can come back to the game if they restore the rate to the mirror level at $20,700.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin risks worst August since 2015 as hodlers brace for 'Septembear'Bitcoin looks 'really ugly' on monthly timeframes as BTC price prepares worst August performance since 2015.
Read more »
Mt. Gox rumors panic Bitcoin Twitter as BTC price returns below $20KPanic! but no disco is in this context. Rumours of offloading cause panic as BTC price volatility returns. 📉
Read more »
Bitcoin price briefly loses $20K on 'bunch of nothing' Powell speechBitcoin to $16,000? Following the hawkish comments from the US Federal Reserve, Bitcoin takes a small hit with price targets suggesting an even steeper decline.
Read more »
US stocks lose $1.25T in a day — more than entire crypto market cap$1.25 trillion in a day?! If that is not concerning, we don’t know what is. The U.S. stock market lost more value in a day than the entire market cap of Bitcoin and altcoins COMBINED!!
Read more »
US dollar hits new 20-year high — 5 things to know in Bitcoin this weekFarewell, $20,000 support? Here are five Bitcoin price triggers for this week.
Read more »
Bitcoin threatens 20-month low monthly close with BTC price under $20KBitcoin suffers as bulls fail to take control. BTC is close to going under $20,000, with traders betting on a deeper dive to June’s lows.
Read more »