Bitcoin Weekly Forecast – BTC Aiming Key $6.5K Support There was a sharp decline in bitcoin below the $8,000 and $7,500 supports against the US Dollar. The price is currently correcting losses, but remains at a risk below $7,400. There is another breakdown pattern forming with support near $7,240 on the 4-hours chart of the BTC/USD […]
Bitcoin Dives to a Six-Month Low on China Crackdown Bitcoin has slumped by nearly a third since late-October. Bitcoin Dives to a Six-Month Low on China Crackdown Chinese President last month said the country's economy should accelerate blockchain development HIGHLIGHTS Bitcoin fell nine percent to $6,929 Its the lowest since May Bitcoin in late October […]
Bitcoin Daily – Binance Denies Reports Of Police Raid; Blockchain Expands To Gaming Payments Paris-based Ultra, which has created its own blockchain, announced that French video game giant Ubisoft will become the first major gaming system to test out payments on its blockchain for gamers. “Since Ubisoft is already a leader in the games industry, and […]
Crypto Market Could Dive To $200B, Bitcoin Turns Red – BCH, XLM, EOS, TRX Analysis The total crypto market cap is currently in a bearish zone below the $220.0B resistance. Bitcoin price is trading above the $8,000 support and remains at a risk of more losses. BCH price is now consolidating losses below the $250 […]
As Bitcoin traders bet on a big rebound, did Ethereum and XRP avoid a big drop? As Bitcoin traders bet on a big rebound, did Ethereum and XRP avoid a big drop? As theories on the potential sell-off of Bitcoin by miners emerged amidst declining sentiment around cryptocurrencies, major altcoins like Ethereum and XRP were […]
Bitcoin (BTC) Remains Sell Until This Changes Bitcoin price is diving below the $8,340 and $8,200 support levels against the US Dollar. The price is approaching the key $8,000 support area, where the bulls may take a stand. There is a short term declining channel forming with resistance near $8,165 on the hourly chart of […]
The IRS Will Shift its Focus to Users and Operators of Bitcoin ATMs and Kiosks In a new statement, the IRS confirms it will continue to focus on cryptocurrency activities. Particularly those individuals and companies operating Bitcoin ATMs and Kiosks may see some intervention pretty soon. As the IRS continues to target cryptocurrency users, they […]
Bitcoin Weekly Forecast – BTC Price Turned Sell On Rallies After settling below $9,000, bitcoin declined steadily against the US Dollar. The price is under a lot of pressure below the $8,700 and $8,650 resistance levels. There is a crucial bearish trend line forming with resistance near $8,630 on the 4-hours chart of the […]
Bitcoin bull slashes previous BTC price prediction Fundstrat analyst Tom Lee is moving the goalpost yet again. Not only is he slashing his previous Bitcoin price prediction by nearly 40 percent, but he is also pushing the timeline back by a further two years. Appearing on CNBC’s Street Signs Asia on Friday, Lee offered his […]
Hodling Bitcoin Is the Best Strategy, Research Shows Most of Bitcoin’s upside happens on just a few days annually. HODLing is the best strategy to not miss out, according to Binance Research. Binance Research has put out some stats on why HODLing remains a viable, if not the best, strategy in the current cryptocurrency market. […]