Bitcoin Price Tapped $10,600 in Fourth Largest Bull Move Ever For now, Bitcoin (BTC) bulls seem to have decimated the bears. As of the time of writing this article, the leading cryptocurrency is at $9,800 — up over $2,500, some 38%, in the past 36 hours. This is around $800 short of the daily high […]
Bitcoin (BTC), Ethereum (ETH) and XRP Must Hold These Key Levels to Avoid Further Crypto Collapse – Technical Analysis Roundup Technical analysts are mapping out key levels that leading cryptocurrencies Bitcoin, Ethereum and XRP now need to hold onto to avoid another rapid plunge. Daily analyst Josh Rager says BTC’s first level of support is […]
Bitcoin Breaks Below Bear Channel as Analysts Eye Further Downside Bitcoin has plummeted below its previous support levels during a swift and sharp sell-off earlier this morning that led the aggregated crypto market to drop to fresh multi-month lows. BTC has continued grinding lower throughout the day and it is unclear as to where it […]
Traders Beware Indicator Signals Massive Bitcoin Volatility is Inbound Bitcoin (BTC) has been caught in the throes of consolidation for the past several weeks and months, and it has failed to garner any momentum in either direction in the time since it plummeted below $10,000. This period of consolidation may soon be coming to an […]
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Institutional Longs on Bitcoin Price Grow as Bear Momentum Wanes Despite the harrowing price drop seen in late September, institutions are expecting for the Bitcoin (BTC) price to soon head higher — at least for institutions involved in the Chicago Mercantile Exchange (CME) futures market. Industry analytics provider Skew recently observed that long positions held […]
Bitcoin (BTC) Price Weekly Forecast – Vulnerable Below $8K-$8.2K There was a steady decline in bitcoin price below the $8,200 support against the US Dollar. The price is currently trading below $8,000 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance near $8,100 on the 4-hours […]
Ripple CEO – Bitcoin or XRP will not replace any currencies for the time being Brad Garlinghouse, CEO of Ripple, does not believe that Bitcoin, XRP or other cryptocurrencies will replace local currencies such as the dollar, the euro or the Chinese yuan. The environmental conditions were in his view not yet ready to be […]
Bitcoin fails to recover as weekly volume on BitMEX drops 72% in 3 months, traders bearish Bitcoin fails to recover as weekly volume on BitMEX drops 72% in 3 months, traders bearish The Bitcoin price has failed to push above a relatively low resistance level at $8,374, making a bigger pullback into the mid-$7,000 region […]
Bitcoin and Cryptocurrencies Dominated by Sellers In the last 24 hours, cryptocurrencies dropped 2.5% in market capitalization, moving this value to $216.05 billion with a 24H traded volume of $26.2 billion (+1.15%). ALGO (-6.39), Bitcoin SV (-6.3), Tron(-6.03)Litecoin (-5.03%) were the most sold cryptos. The exceptions were Monero (6.27%), Dodge Coin (5.73), and XEM (8%). […]