$9,972.39 -5.40%
BTC · 40w

Trading Bitcoin — Bearish vs. Bullish

Trading Bitcoin — Bearish vs. Bullish

Is Bitcoin on the verge of a shift? Well, maybe. BTC was up against massive resistance around the $6,650.00 USD mark. If the trading price would have surpassed this mark momentum could have carried Bitcoin through to a potential optimistic high in the $8,000 USD range, carrying along with it a number of other altcoins.

With Bitcoin, as well as other cryptocurrencies who are seeing long and stagnant lows, this could have been a point where things start climbing again. If BTC can climb to $6,800.00 USD then it may even make $7,000 USD possibly $7,100 USD depending on how the next resistance is broken.

On the other hand, if BTC sinks below the $6,600 USD mark, the bear market will continue until resistance runs out and we see some upward momentum in trading price towards the end of the first week in October. As things sit now BTC is hovering in the $6,400/$6,500 USD range, which still leaves opportunity for a push to the $6,600 — $6,800 USD mark.

Trade predictions like this can be monetized through Hedge, through our smart contract powered Blueprint, which houses trading predictions, analysis, and any other valuable trading data. Traders can see what’s happening in the market, and then share their predictions with other traders. Imagine being on the cutting edge of market analysis, predictions, all in real time. That’s Hedge!

Go to
Recent news
BTC -5.40% · · 11h

Iran Legalizes Crypto Mining

Iran is officially recognizing bitcoin mining as an industry it will regulate and for which it will set electricity rates.
BTC -5.40% · · 18h

Coinbase passes 30million users

Coinbase has passed 30million users this month(adding 5million users in the last ~10 months)#bitcoin— Alistair Milne (@alistairmilne) July 22, 2019
BTC -5.40% · · 19h

Hodl Hodl to launch Lightning trading weeks

Hodl Hodl is launching Lightning trading weeks once per month, with the first coming on Wednesday, the 24th of July, 2019. In June, 2019, we announced that Lightning trades are now available on the…