Bitcoin Price Breaks Medium-Term Resistance after Surging 8% Near $4,000

   2019-02-19 01:02



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Bitcoin, bitcoin price

View photos
Bitcoin, bitcoin price

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 a strong resistance trendline of the medium-term triangle pattern discussed in our Bart Simpson analysis. Have a look:

BITCOIN, BTC USD, BITCOIN PRICE

BITCOIN PRICE 4H CHART | SOURCE: COINBASE, TRADINGVIEW.COM

Last week, we had left the Bitcoin market in a bias conflict. The cryptocurrency was forming what looked like a bull flag. Nevertheless, as the flag was generated out of a one-day rally of February 8, we were unsure about its sustainability in the near-term.

Read the full story on CCN.com.


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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin9,365.7 0.20 % 3.56 % 7.34 %
Ethereum176.12 0.13 % 2.40 % 4.04 %
XRP0.2359 0.25 % 0.18 % 0.39 %
Bitcoin Cash384.65 0.06 % 4.67 % 11.90 %
Bitcoin SV289.26 0.19 % 1.62 % 8.25 %
Tether0.9980 0.20 % 0.01 % 0.03 %
EOS4.020 0.03 % 1.05 % 10.14 %
Litecoin60.36 0.18 % 2.76 % 4.77 %
Binance Coin18.06 0.13 % 2.20 % 0.24 %
Cardano0.05554 0.35 % 5.38 % 21.68 %
Ethereum Classic12.28 0.23 % 8.75 % 37.65 %
TRON0.01889 0.19 % 3.22 % 9.74 %
Stellar0.06115 0.27 % 1.92 % 2.58 %
Monero67.95 0.21 % 3.13 % 3.13 %
Dash126.74 1.76 % 11.86 % 14.48 %
Tezos1.560 0.36 % 3.16 % 2.04 %
ChainLink2.780 2.53 % 6.27 % 4.20 %
OKB3.150 0.21 % 6.07 % 7.17 %
LEO Token0.9052 0.25 % 0.36 % 1.01 %
Cosmos4.400 0.11 % 2.28 % 5.14 %