Bitcoin (BTC/USD) rebounds slightly after the FOMC but is the cryptocurrency bullish?

Bitcoin has been steady after FOMC statement The cryptocurrency remains tied to wider crypto concerns BTC needs to overcome $16,500 to become bullish Bitcoin (BTC/USD) rose slightly on Thursday after the US Federal Reserve statement. The cryptocurrency was held to the $16,500 level after a soft stance by the officials. BTC was already gaining ahead […]

Bitcoin (BTC/USD) new lower price target set by analysts

What next after Bitcoin (BTC/USD) broke below its long-term psychological level at $19,000? According to a crypto analyst who predicted the 2021 crash, Bitcoin is headed to $13,000. The pseudonymous analyst tells his 618,400 Twitter followers to expect one “last nuke” that could see altcoins also tank by 30-40%. It’s not only the popular analyst expecting […]

Why you need caution trading Bitcoin (BTC/USD) this week

Bitcoin (BTC/USD) trades at $20,390, a clear price decline since topping $21,000 late last month. There is no doubt that BTC remains resilient against a less reassuring macro outlook. The cryptocurrency has strongly defended the $19,500, which has become a crucial psychological level. Consequently, BTC’s technical outlook remains bullish as long as this level is […]

Bitcoin (BTC/USD) rallies to $20,000. Here is the next potential target

Bitcoin (BTC/USD) trades at $20,660 as of press time, the highest level in 6 weeks. The cryptocurrency had added an intraday of 7%. The gains were accompanied by a 157% jump in trading volumes. Wednesday’s gains in Bitcoin come when investors have been calling for reversals at $19,000. That was after BTC looked to have […]