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Bitcoin Price Prediction: BTC/USD Bears Run out as Bulls Set Target at $7,200

Bitcoin (BTC) Price Prediction – April 2The Bitcoin bulls keep on pushing towards the north as the coin has not lost sight of $7,500 despite the rejection of $7,258.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,000, $8,200, $8,400Support Levels: $5,700, $5,500, $5,300BTCUSD – Daily ChartOver the past hour, BTC/USD has continued to rip higher, adding to the 6.76% in gains registered today. The coin is successfully trading above the 9-day and 21-day moving averages. As of the time of writing this article, the cryptocurrency trades for $7,116, the highest

Decoupling? Bitcoin Price Surges Above $6.7K as Stocks Again Bearish

Since topping out at $6,500 on March 31, Bitcoin (BTC) price had spent the majority of Wednesday in a steady slump which saw the price drop from $6,494 to $6,147. The pullback mirrored the poor performance in traditional markets where the S&P 500 and Dow dropped by 4.41% and 4.44% respectively. The slump in traditional markets appeared to be a reaction to dismal news that the United States surpassed more than 200,000 Coronavirus cases. Earlier this week the White House also stated that it concurs with the estimate that up to

Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current crisis shows that it has arrived on the big scene and that it can weather a storm better than some of the traditional asset classes. This is likely to attract several institutional players to Bitcoin.Now, what can we hope for during the second quarter? Bitcoin has a very important halving event coming up next