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        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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        • Mortgage rates today, April 3, 2020 plus reviews
          • cmc currency details
            • cmc exchange details
              • Shortcodes
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
          • Cision PR Newswire
          • Coupons – Best websites
            • Aeromexico Rewards Chart
            • Get Avios Points Free
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Is Discover Visa or Mastercard?
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      • Walmart Money Card – Review
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      • Best Mortgage for Low Down Payment 2020
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    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
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      • Stimulus Check
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      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
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      • WTI Oil Prices
      • Brent Crude
      • Crude Oil
    • Agricultural Products
      • Corns
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      • Lean Hogs
    • Precious Metals
      • Platinum
      • Gold
        • Best Place to Buy Gold
        • Price of Gold
        • 5 Ways In order to Buy Gold
        • Gold Price Chart
        • Gold Futures
      • Silver
    • Industrial Metals
      • Copper
  • Insurtech
    • Insurtech “Best of…”
      • Best Life Insurance of 2020
      • The Best Renters Insurance Companies 2020
      • Best Pet Insurance Providers of 2020
      • Best Home Insurance Companies for 2020
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Bitcoin Price Today: BTC is already at $ 11.5k! Will BTC get 12k?

James Albert by James Albert
October 15, 2020
in Bitcoin Price Today, Hot Topic
0

Home » Bitcoin Price Today: BTC is already at $ 11.5k! Will BTC get 12k?

Bitcoin Price

1. Bitcoin Price Today

Bitcoin is now trading from $11,491(+0,56 %) – Bitcoin Price Today: BTC is already at $ 11.5k! Will BTC get 12k?

 

  • On-chain variables show good progress for Bitcoin, that is still to be mirrored in the price of its
  • Market sentiment on Bitcoin is good since October
  • A rebound contained DeFi tokens may benefit Bitcoin

Specialized indicators are actually showing strong symptoms that Bitcoin’s price is actually intending to rally within the next several months, similar to what occurred in 2017.

Following Bitcoin started up to $11,736 & shut from $11,535 on Monday, the rally gradually ceased additionally, on Wednesday, the benchmark cryptocurrency shut at $11,427, that had been in the past an opposition amount which bull traders attempt to look after today.

Nevertheless, Bitcoin has stayed above $11,000 within the last 6 days as well as analysts are actually aiming to several details to explain the reason why the bull run has started.

 

 

2. Ethereum price

The appropriate information for Ethereum is searching the following way:

Name: Ethereum

Ticker: ETH

Market Cap: $42,428,351,662

Price: $377,59

Change (24h): -1.32%

The information is applicable at press time.

ETH/USD: Do bulls hold the potential for yet another thrust to $400?

Yesterday evening, the volume of Ethereum (ETH) gross sales enhanced somewhat as well as the bears attempted to knock the pair from the sideways range, that had been placed at the amount of $380. Nevertheless, the two hour EMA55 ceased the inadequate onslaught of sellers and also refunded the ETH price to the $380 mark.

Whenever bearish sentiment intensifies these days, the price might drop to the assistance of $360, though buyers will attempt to always keep the pair in the region of average prices.

On the 4H chart, the quotes have reduced from top of the border of the “triangle” version, which provides reason to think about additional progress to the amount of $450 together with the pattern growth.

Nevertheless, one shouldn’t exclude a correction with an exam of top of the boundary of the product and continued development. The described alternative will additionally be supported by way of a rebound in the assistance line on the RSI signal, the place that the prior evaluation provoked a breakdown of top of the border of the “triangle” version.

ETH/USD quotes on the day chart could push off the support amount. With the description of top of the border belonging to the descending channel and price fixing above the amount of $397, one particular may anticipate the improvement of the upward movement as well as the continuation of the “5 0” pattern. A powerful signal of favor of the progress of quotations is actually the description of downward pattern line on the RSI indication. The signal values have started returning to the ruined line, after that we are able to think about the consequent increase in the advantage price.

Ethereum is actually trading from $376.25 from press time.

3. Litecoin price

In the past several treatments, there was a small decline of litecoin, ripple, Ethereum, and bitcoin from the US Dollar. Earlier, LTC price received speed above the primary $48.50 resistance amount to transfer right into a good zone.

The bulls stayed active, resulting in a thrust above the $50.00 degree and the fifty five simple moving average (4 hours). The price traded to a brand new month extremely high at $51.53 prior to it began a downside correction.

There seemed to be a rest beneath the $50.50 as well as $50.00 quantities. The price actually declined beneath the 23.6 % Fib retracement amount of the upward action from the $45.09 minimal to $51.53 tall. Nevertheless, you will find numerous critical supports on the drawback, beginning with $48.80.

There’s additionally a serious bullish trend line being created with assistance close to $48.60 on the 4 hours chart belonging to the LTC/USD pair. The trend line is actually close to the fifty % Fib retracement amount of the upward action from the $45.09 minimal to $51.53 tall. Bitcoin Price Today: BTC is already at $ 11.5k! Will BTC get 12k?

Furthermore, the fifty five simple moving average (4 hours) is close to the trend type and $48.50. When there’s an obvious pause below the trend line assistance as well as the $48.50 level, there’s a threat of a bigger downside correction. The subsequent main support is close to the $47.50, under which the price might revisit $45.50.

On the upside, the cost is dealing with a small hurdle close to the $50.00 degree. The very first major resistance is actually close to the $51.50 degree. A definite pause above the $51.50 opposition might open the doors for much more upsides.

4. Current Bitcoin Price

See here Bitcoin Price Live:
BTCUSD Rates by TradingView

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5. Bitcoin Price Prediction

Bitcoin Price Analysis

Since October, the marketplace sentiment available Bitcoin has been good, information from analytics solid TheTie shows. The day sentiment is actually calculated by analyzing the firmness of interactions on Twitter and in quantifying this information, any number above fifty is actually regarded as positive. So much, this metric has grown to as high as eighty and it presently sits at 62.4, a definite good sentiment signal.

Willy Woo, a cryptocurrency analyst, stated “investor activity” has additionally detected for Bitcoin. Nevertheless, this good signal is still not mirrored in the cost.

Then, the amount of Bitcoins on exchanges has additionally declined. Exchanges are actually used usually by investors to exchange. To follow that lead, when investors are continuously withdrawing the crypto assets of theirs from exchanges, it’s an indication that they anticipate additional increase of price down the road and aren’t trying to trade at this time. This particular buildup conduct of investors resembled what occurred prior to the 2017 bull market started.

While decentralized financial (DeFi) straight benefits Ethereum, the next largest cryptocurrency, additionally, it provides advantages to Bitcoin in the type of “Wrapped Bitcoins”, or maybe Bitcoin tokenized on the Ethereum blockchain.

Thus, much, the industry has weathered crucial bearish news, which includes the Justice Department’s crackdown on BitMEX, a very often used derivatives exchange, so the U.K.’s ban on cryptocurrency derivatives previous week. Rather, investors obtained excited on information about fintech business Square investing fifty dolars million into Bitcoin.

Uncertainty remains, especially on what many analysts believe could be an imminent crackdown on decentralized financial. Nevertheless, traders are presently expecting a rebound in the cost of DeFi tokens, which may probably drive the cost of Bitcoin previously $12,000.

 

BTCUSD Chart by TradingView


6. Cryptocurrency Market Live

Cryptocurrency Markets by TradingView

 

Bitcoin Price Today: BTC is already at $ 11.5k! Will BTC get 12k?

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James Albert

James Albert

James Albert is a personal-finance analist for FintechZoom and is based in New York.

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