Bitcoin Looking Weaker Bitcoin is looking weaker than it was a week ago, by more than 2 percent Friday. In the last 7 days, the most popular cryptocurrency lost its value by $150. After climbing above the $7500 level, Bitcoin showed a downward trend since Monday. Bitcoin touched two-week low of $7150 on crypto […]
Sally Ho's Technical Analysis 13 December 2019 BTC ETH Bitcoin Bitcoin (BTC/USD) came off early in today’s Asian session as the pair depreciated to the 7183.29 area after peaking around the 7249.99 level late in yesterday’s North American session. The pair had steadily appreciated since yesterday’s Asian session when the pair had traded as low […]
Bitcoin & Crypto Market Bleeding: BNB, BCH, LTC, EOS Analysis The total crypto market cap is declining and struggling to stay above the $188.0B support. Bitcoin price is down more than 2% and it broke the $7,200 support area. Litecoin (LTC) price is declining and approaching the $43.20 support area. BCH price is somehow holding […]
Bitcoin (BTC) Price Downside Thrust Underway, Bulls Struggling Bitcoin price failed to stay above the $7,400 support and declined recently against the US Dollar. The price is trading below $7,280 and it could even decline below the $7,160 support. There is a major declining channel forming with resistance near $7,240 on the hourly chart of […]
Bitcoin Bears Back on Bakkt Launch as Markets Tumble Again Around $6 billion has been dumped out of crypto markets over the past few hours as the bears return again.has been dumped out of crypto markets over the past few hours as the bears return again. Coincidentally it has happened again, right after Bakkt launched […]
Make or Break Time For Bitcoin, How Likely is Another Final Capitulation? Following a little momentum last week Bitcoin spent most of the weekend consolidating. It has been pretty flat for the past fortnight and analysts are now considering the unpopular premise of a final capitulation approaching which would mirror movements from this time last […]
Secret Bitcoin Indicator Signals Major BTC Bull Run Incoming, Says Crypto Hedge Fund Insider An analyst at the crypto hedge fund Adaptive Capital is releasing a mysterious chart that he says indicates a major Bitcoin bull run is about to begin. According to Willy Woo, who invented the Network Value to Transactions Ratio (NVT) to […]
Bitcoin Price Still on Track to Hit $6,200, Eerily Accurate Fractal Predicts Bitcoin’s precipitous drop to $6,600 seen earlier this month caught many traders aback; nearly no one, not even the top traders and analysts, expected for that price action to play out as it did in real life. Few predicted the subsequent bounce to […]
British Virgin Islands Government Turning to Blockchain? Blockchain technology was first introduced through Bitcoin as a means to aid and empower global citizens. However, governments worldwide are increasingly looking into the nascent tech as a means of building out their own economies and national infrastructure. Cryptocurrency and blockchain tech have broad applications, as has been […]
Can Central Bank Digital Currencies Oust Bitcoin and Ethereum? The debate around central bank digital currencies (CBDCs) has been raging on for the last year, and governments across the world have been studying and researching them very intricately. As more governments explore digital money, some traditional-minded economists believe that these currencies can erode the value […]