Bitcoin Price: Key Technical Indicator Shows BTC Surging to $5,500

Bitcoin Price: Key Technical Indicator Shows BTC Surging to $5,500

TweetShareThroughout the past three months, the bitcoin price has flirted with the $4,200 resistance level, often struggling to maintain momentum above the key $4,000 mark.Several traders have demonstrated concerns over the extended period of stability demonstrated by bitcoin because, in late 2018, the cryptocurrency recorded a drop of around 50 percent following three months of…

Bitcoin Price Breaks Medium-Term Resistance after Surging 8% in a Day

Bitcoin Price Breaks Medium-Term Resistance after Surging 8% in a Day

The Bitcoin market came back on its bullish track during the February 18’s trading session.The Bitcoin-to-Dollar rate (BTC/USD) on Monday established an intraday high towards 3917, up 8.08% since the open. The pair rallied through the Asian session and continued its upside momentum after the European market opened. Around 1600 UTC, BTC/USD also broke through…