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

   2019-02-19 01:02



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Bitcoin, bitcoin price

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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
Bitcoin10,949 1.01 % 0.10 % 4.88 %
Ethereum380.94 0.89 % 0.60 % 1.75 %
Tether0.9950 0.48 % 0.52 % 0.54 %
XRP0.2494 0.61 % 0.37 % 1.29 %
Polkadot4.870 0.20 % 5.98 % 5.22 %
Bitcoin Cash232.02 0.43 % 0.23 % 0.95 %
Binance Coin26.87 0.93 % 1.32 % 5.56 %
Chainlink10.07 0.55 % 1.18 % 20.73 %
Crypto.com Coin0.1661 0.77 % 0.05 % 1.52 %
Litecoin48.08 0.80 % 0.39 % 5.41 %
Bitcoin SV161.13 0.32 % 0.09 % 4.48 %
Cardano0.09095 0.22 % 0.00 % 6.88 %
EOS2.680 0.65 % 0.56 % 4.52 %
USD Coin0.9989 0.06 % 0.11 % 0.41 %
TRON0.02809 0.39 % 3.58 % 16.08 %
NEO24.37 0.51 % 0.32 % 12.40 %
Tezos2.330 0.40 % 0.88 % 10.36 %
OKB6.120 0.14 % 0.93 % 7.58 %
Monero93.56 0.81 % 1.13 % 7.86 %
Stellar0.07792 0.81 % 0.16 % 7.20 %