Utilising MarketHive to Promote CryptoCurrency
Bitcoin price analysis – BTC/USD rangebound under $6,400, but further losses are limited BTC/USD stays below critical support, but the downside momentum is fading away. New Tether coins hit the market, BTC did not react. BTC/USD is changing hands at $6,388, consolidating losses incurred at the beginning of the week. The digital currency No. 1 […]
Bitcoin (BTC) Price Watch – Back to Support Yet Again! Bitcoin Price Key Highlights Bitcoin price has formed higher lows and lower highs to trade inside a triangle pattern on its 4-hour time frame. Price got rejected on a test of resistance once more and a move to support appears to be taking place. […]
Bitcoin Price Analysis – BTC Acquires “Safe Haven” Status After Brexit Woes All in all, Bitcoin prices are on an uptrend. Backing these are boosting fundamentals with investors anchoring their bullish hopes on Bakkt, the ICE subsidiary. The platform will make use of Microsoft technologies for expediency. Regardless, our previous trade plan holds true. Even […]
The economic crisis in Argentina is driving investors to buy Bitcoin in order to protect their wealth, pushing the cryptocurrency’s price higher in-turn. In parallel, to satisfy the increasing demand, the first of 12 Bitcoin ATMs has already begun to operate in a Buenos Aires mall. The number of stores accepting Bitcoin also continues […]
Bitcoin Price Analysis: BTC/USD Testing Double Bottom Neckline Bitcoin could be due for an uptrend anytime now as the price is already testing the neckline of its double bottom on the 1-hour chart. A break past the $6,650 area could lead to a climb that’s the same height as the chart formation, which spans $6,100 […]
Bitcoin (BTC) Price Analysis – Tossing And Turning At Wedge Support Bitcoin has spiked around current support levels as bulls and bears battle it out. Bitcoin underwent a pickup in volatility, leading to spikes in both directions, but ultimately holding its head above the falling wedge support. Technical indicators are giving mixed signals, […]
Time to regulate bitcoin, says Treasury committee report MPs in UK say ‘wild west’ cryptocurrency industry is leaving investors vulnerable Bitcoin and other cryptocurrencies are “wild west” assets that expose investors to a litany of risks and are in urgent need of regulation, MPs on the Treasury select committee have said. The […]
Bitcoin (BTC) Price Watch – Bearish Wedge Breakout Bitcoin Price Key Highlights Bitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards. Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure. Technical indicators are […]
DOES THIS MARKET INDICATOR CONFIRM THE NOVOGRATZ PREDICTED REBOUND? Bitcoin bull and highly cited cryptocurrency proponent Mike Novogratz called “bottom” this week on Twitter. On Friday, Bitcoin’s market performance and key market reversal indicated a possible turning point. What will Monday bring? Is the market still too bearish? BITCOIN COULD HAVE OVERSOLD According to […]
4 Bitcoin Bull Markets: Big Lessons to Learn Wall Street’s so-called “experts” are creatures of habit. They behave in patterns that are as predictable as the tides. When a market soars into bubble-land, they pour out of the woodwork to cheer the “powerful fundamental forces” that are driving prices higher. When the bubble inevitably bursts, […]