Are Bitcoin Traders That Bought at $3-6k Starting to Sell BTC Now? On-chain metrics can offer valuable insights into Bitcoin market movements and the latest data is showing that unrealized losses are mounting up. This could lead to a larger selloff as those that bought the dip in late 2018 fear for loss of profits […]
Crypto Market Cap And Bitcoin Facing Hurdles – BCH, BNB, EOS, TRX Analysis The total crypto market cap is struggling to surpass the $200.0B resistance area. Bitcoin price is also facing a lot of hurdles near the $7,400 and $7,440 levels. EOS price is holding the $2.500 support, but it is struggling to clear the […]
The Crypto Daily – Movers and Shakers -02/12/19 Bitcoin fell by 1.96% on Sunday. Following on from a 2.52% slide from Saturday, Bitcoin ended the week up 6.96% to $7,450.1. A particularly bearish start to the day saw Bitcoin slide from an early morning intraday high $7,600.1 to an intraday low $7,288.6. Falling short of […]
Bitcoin Weekly Forecast: BTC Eyeing Last Line Of Defense After a decent recovery, bitcoin price faced resistance near the $7,880 level against the US Dollar. The price is currently correcting gains and it is trading near the $7,300 support area. There is a crucial bearish trend line forming with resistance near $7,678 on the 4-hours […]
Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 30/11/19 It’s a mixed start to the day, with Bitcoin Cash ABC bucking the trend. Failure to move through to key levels could see the majors hit reverse, however. Bitcoin Cash – ABC – Bucks the Trend Early Bitcoin Cash ABC rose by 1.49% on […]
Bitcoin Prices Rebounded, so What’s Next? Cautiousstill in the air as market prepares for the year-end Overview The prices of bitcoin initially stabilized near the 7500 levels after dipping into the 6500 area earlier this week. As we wrap up November, where will bitcoin prices go from here? While altcoins also have shown signs of […]
Bitcoin going berserk in November makes holidays awkward Since 2011 the cryptocurrency’s biggest monthly change up or down has occurred in the month before Christmas. This month, Bitcoin saw longest streak of down days on record. Image: Bloomberg NewsThis month, Bitcoin saw longest streak of down days on record. Image: Bloomberg News For better or […]
Bitcoin (BTC) Hesitates But Further Recovery Above $7.2K Seem Likely Bitcoin is currentl trimming gains after struggling to clear the $7,400 barrier against the US Dollar. The price is likely to stay above the $7,000 and $6,950 support levels in the near term. There is likely a bullish flag forming with resistance near $7,170 on […]
Bitcoin And Crypto Market Recovery Facing Floor Test – BCH, Litecoin, EOS, XLM Analysis The total crypto market cap started an upside correction after tagging $171.8B. Bitcoin price is up close to 10% and it is now trading above the $7,000 resistance. Litecoin (LTC) price is gaining momentum and it could test the $48.50 resistance […]
Bitcoin falls to six-month low, trades below $7,000 Bitcoin sank nearly 10 percent to the lowest level in six months, extending last week’s slide past the weekend on concerns about a crackdown on cryptocurrency operations by China. The digital currency plunged as much as 9.8 percent from Friday’s close and was trading just above $6,700 […]