Bitcoin price prediction – Another rejection from $11,800 strengthens bullish resolve

Bitcoin price prediction once again revolves around breaking the $11,800 resistanceMultiple higher lows emerge on hourly charts to strengthen bullish up-moveBitcoin price recovered quickly on daily charts to remain above the $11,600 resistanceAscending price triangle now once again approaches bearish selling pressure Cryptocurrency heat map by Coin360 Bitcoin price prediction – Current price overview Bitcoin price has once again posted a high above $11,800 mark, albeit briefly.…

Bitcoin rises with Trump Stimulus Push

Bitcoin correlates again with traditional markets Bitcoin and Crypto interest expected to increase with a larger stimulus packageBitcoin’s rise after positive signs Trump has u-turned on a stimulus deal suggest it may behave like a correlated asset in response to major financial newsTrump’s stimulus offering could be greater than Nancy Pelosi’s $2.2tr package Bitcoin, reflecting traditional markets, has managed to pull out of a downward spiral last week following news that President Trump seeks to pass a hefty stimulus package.…

Bitcoin price prediction – Bulls struggle to break beyond $11,600

Bitcoin price prediction has gone haywire after multiple rejections from $11,600Bulls have been unable to muster up liquidity and volume to break $11,600 resistance50-day SMA is now above the 100-day SMA signalling waning bull strengthAny weekend abrupt price move can do severe damage to Bitcoin price Cryptocurrency heatmap by Coin360 Bitcoin price prediction – BTC moving in a bearish wedge pattern The last week saw Bitcoin price jump above $11,500 on the back of strong fundamentals and bullish buying.…