Utilising MarketHive to Promote CryptoCurrency
Bitcoin holding strong resistance at 6500/6550 Bitcoin holding strong resistance at 6500/6550 keeps the outlook negative targeting 6400 (now hit). This is the best support for today & therefore a break below 6350 is a sell signal targeting 6320 & 6220/6200 (we bottomed exactly here last week) before the October low at 6100/6055. A […]
Will Bitcoin cost $28,000 by 2020? Vinny Lingham bets $20,000 that it won't Vinny Lingham and Ronnie Moas bet on Bitcoin price movement. BTC/USD resumes the decline during Asian hours. The co-founder & CEO of the US-based startup Civic Vinny Lingham accepted the call from Ronnie Moas, the founder of investment company Standpoint Research, and […]
BTCC TO SHUT DOWN MINING POOL FOLLOWING ‘BUSINESS ADJUSTMENTS’ The turbulent journey of the Bitcoin mining sector continues this week as BTCCPool announces it will close “indefinitely” November 30. BTCC PULLS OUT OF MINING The pool, which constitutes the mining arm of Hong Kong-based exchange BTCC (formerly BTCChina), began operating in 2014, yet rarely […]
Bitcoin weekly price analysis – 6.11.2018 After dropping down to a low of $6,242 last week, bitcoin price started rising regularly hitting a week high of $6,529. Even though technical analysis of last week’s charts denoted that we are likely to witness a bearish market during most of the week’s trading sessions, a new […]
BTC/USD Price Analysis – Fate of Nine Bitcoin ETFs to Be Decided After Today Encouragingly, the market is bullish and Bitcoin is up printing a three-bar reversal pattern as participants reject lower lows. We expect the recovery to continue this week as the SEC is set to announce the fate of nine Bitcoin ETF as […]
“Currently, Bitcoin is gaining strength,” Report by OneAlpha says "The December 2017 and January 2018 boom and bust had a cleansing effect on the ecosystem" A report published in October by OneAlpha revealed that Bitcoin’s market was gaining strength after the 2018 correction. The stability of the last weeks is a sign of maturity of […]
Bitcoin (BTC) Aiming for $7,000 Next? Bitcoin Price Key Highlights Bitcoin price is gaining traction on it bounce off the channel support on its 4-hour time frame. A move to the next upside targets might be in the works and the Fibonacci extension tool marks these. Technical indicators are hinting at weakening bullish momentum, though. […]
Blockchain revolution is on the way as Bitcoin slips back under $6,300 Bitcoin dips under $6,300 after a short recovery. Adam Jiwan from Spring Labs touts blockchain technology. Bitcoin is changing hands at $6,299, marginally higher since this time on Wednesday. However, the shrinking volatility and low trading activity make further upside unlikely. On the […]
Bitcoin (BTC) Daily Price Forecast – October 30 BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $7,000, $7,200 Support levels: $6,200, $6,000, $5,900 Yesterday, October 29, the price of Bitcoin was in a bearish trend. The digital currency had been range bound above the $6,500 price level in the last three weeks. The cryptocurrency fell to […]
Bitcoin Price – BTC/USD Approaching Area of Interest Bitcoin is still trending lower inside its short-term descending channel but might be due for a bounce to the top. Support held and a correction to the Fibonacci retracement levels is underway. Price is testing the 38.2% Fib currently, and this happens to line up with the […]
