Crypto Prices Plunge as SEC Postpones Bitcoin ETF Decision Investing.com – Cryptocurrencies prices plunged on Wednesday, with Ripple down more than 16% after the U.S. Securities and Exchange Commission (SEC) postponed a decision on the listing of a Bitcoin exchange-traded fund (ETF). Bitcoin slumpedâ¯6.4%â¯to $6,522.8 at 12:20AM ETâ¯(04:20â¯GMT) on theâ¯Bitifinexâ¯exchange.â¯â¯ Ethereumâ¯fell 8.3% to $374.39â¯on […]
Bitcoin (BTC) Price Watch- Hovering at Make-or-Break Levels Bitcoin Price Key Highlights Bitcoin price is still in correction territory as it hangs around the area of interest around $6,800 to $7,000. Several inflection points are in confluence on this area, and a bounce could allow the uptrend to resume. However, a break below […]
Don't Expect New Bitcoin Highs in 2018 Many investors and advisors are on record stating that $5,700 was the bottom in bitcoin for this year, and that higher prices lie ahead. While we are very bullish on bitcoin's long-term prospects, we do heed caution for more short-term price optimism. To find the starting point of […]
Bitcoin Price Weekly Analysis – BTC/USD Remains Sell on Rallies Key Points Bitcoin price declined below $7,260 and moved into a bearish zone against the US Dollar. There is a major bearish trend line formed with resistance at $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must […]
NYSE parent launches digital currency exchange Bitcoin is coming to the Big Board — sort of. The parent company of the New York Stock Exchange is pushing for digital currencies to reach the investing mainstream through a new marketplace backed by some of Wall Street’s biggest investors. The InterContinental Exchange said Friday it had […]
Bitcoin (BTC) Price Analysis – Wedge Resistance Holding, Support Next? Bitcoin appears to be blocked at the top of its daily falling wedge formation. Bitcoin has formed lower highs and lower lows to create a falling wedge pattern on its daily chart. Price is hitting a roadblock at resistance and might be due to test […]
Bitcoin (BTC) Price Watch – Bulls Defending Correction Level Bitcoin Price Key Highlights Bitcoin price is still in correction mode but appears to be finding support at the nearest Fib. A bounce from current levels could take it back up to the swing high and beyond. A move lower, on the other hand, could indicate […]
Bitcoin (BTC) Price Watch – Sharp Selloff on South Korea Update Bitcoin Price Key Highlights Bitcoin price broke below its short-term triangle consolidation and rising channel to pave the way for a larger pullback. The Fibonacci retracement tool shows the potential support levels where buyers could be waiting. Price might also be forming a […]
Crypto market overview – Bitcoin, Ethereum go down; Goldman predicts more pain All major cryptocurrencies lost positions in recent 24 hours. Goldman experts believe that the upside was temporary. Cryptocurrency market continued sliding from recent highs. All major coins finished Monday in a red zone, while the total cryptocurrency market value slipped to $290B […]
Bitcoin Is Set To New Highs, Spencer Bogart Says Blockchain Capital’s Spencer Bogart, reiterated his bullish position on Bitcoin, affirming he is definitely expecting for it to begin its race towards new highs. In an interview for CNBC’s Fast Money, Bogart explained his impressions of Bitcoin’s current situation in the market. For the well-known businessman, […]