Bitcoin (BTC) Long Term Price Forecast- February 16 BTC/USD Long-term Trend: Bearish Resistance levels: $7,200, $7,400, $7,600 Support levels: $3,500, $3,300, $3,100 Last month, January, the BTC/USD pair was trading in the bearish trend zone. With an opening balance of $3,832.60, the BTC price depreciated to the low of $3,503.80. In other words, in […]
Bitcoin price prediction – BTC/USD bears have a hard time at $3,550 – Confluence Detector BTC/USD is well-supported at the current price level. The bulls need to take out $3,650 to put Bitcoin back on the recovery track. BTC/USD has steadied below $3,600 handle as the bullish enthusiasm proved to be short-lived. The largest digital […]
Bitcoin’s highly publicized meteoric rise to its all-time high of $20,000 in December 2017 was a classic bubble cycle at its peak. The media attention and hype from individuals talking about the crypto on social media and in social circles sparked FOMO (fear of missing out) in retail investors who eventually got burned when the […]
BITCOIN BREAKTHROUGH – The institutions ‘have arrived’ Bitcoin evangelist Anthony Pompliano says the institutions have arrived to cryptocurrency, after his digital asset firm signed two US pension funds. Morgan Creek, which focusses on institutional clients and family offices, says the Fairfax County’s Police Officers Retirement System and Employees’ Retirement System contributed to the US$40M fund. […]
The cumbersome process of bulding laws for Bitcoin Crypto is in a precarious legal state, with slow-moving regulation struggling to keep up with technological innovations. In a press release with News.Bitcoin, two lawyers working on a crypto money laundering case highlight how murky the legal framework for crypto really is. The lawyers in question, Matt […]
Bitcoin (BTC) Price Analysis – Finally, Some Signs of Life! Bitcoin enjoyed a sharp pop higher, enough to lead to a break above the descending trend line on its 4-hour chart. Price made a strong rally but is encountering resistance at the top of the falling channel seen on the same time frame. The […]
Report: Philippines-Based Banking Giant Launching Two-Way Crypto ATMs When you think of nations with a notable Bitcoin ecosystem, many crypto investors would immediately think of the U.S., Malta, Singapore, Japan, and South Korea. Yet, many draw little attention to the Philippines, a nation that is seemingly filled to the brim with cryptocurrency users. A large […]
What’s Next For The Bitcoin Price? Crypto Analysts Weigh In What’s Was Behind Friday’s Crypto Boom? Your eyes aren’t kidding themselves. On Friday, the Bitcoin price truly did boom, with BTC moving higher than $3,700 for the first time in seemingly forever, seemingly on the back of zero catalysts. As normal, altcoins followed, with […]
BITCOIN (NOT GOLD) REMAINS BEST BET AGAINST DEBT-BASED FIAT PONZI SCHEME The price of gold has been on a bit of a tear recently as investors begin scaling into precious metals amid stock-market uncertainty — but some investment professionals believe there’s a better hedge out there. Of course, that hedge is Bitcoin. At the […]
BETTER LATE THAN NEVER – COINBASE WALLET FINALLY ADDS SUPPORT FOR BITCOIN Coinbase has officially announced support for Bitcoin (BTC) on its Coinbase Wallet app. Previously known as Toshi, the newly-rebranded Coinbase Wallet has long supported Ethereum (ETH), Ethereum Classic (ETC), more than 100,000 ERC20 tokens and ERC721 collectibles. Now, users can finally use the […]