Prices

Bitcoin Price Drops Back Below $4K But Bull Outlook Still Intact

Bitcoin’s short-term outlook will remain bullish as long as prices hold above key support at $3,920.

Huobi Token (HT) is the latest native exchange cryptocurrency to flash more than 100 percent price growth year to date.

Bitcoin’s 14-month bear market has ended up creating a similar price pattern to one that paved the way for a bull run in 2015.

Two crypto benchmark indices from CoinMarketCap launch on Nasdaq, Bloomberg Terminal, Thomson Reuters and Börse Stuttgart today.

Bitcoin’s bulls need to break key resistance at $4,040 to force a continued rally, the three-day chart indicates.

Bitcoin’s share of the cryptocurrency market is on the verge of falling below 50 percent for the first time in over 7 months.

Bitcoin is showing signs of buyer exhaustion and could see a minor pullback unless resistance at $4,000 is scaled soon.

Bitcoin’s four-week price rally now faces a former support-turned-resistance level that repeatedly capped gains in 2018.

Active addresses on bitcoin’s blockchain have increased 20 percent in recent weeks. So, why is the BTC price trading sideways?

Daily bitcoin trading volumes topped $11 billion Friday, the most seen since April 2018.