Utilising MarketHive to Promote CryptoCurrency
Bitcoin (BTC) Daily Price Forecast – November 27 BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,600, $3,400, $3,200 Yesterday, November 26, the price of Bitcoin was in a bearish trend. On November 25, the digital currency fell to the low of $3,774.80 and made a bullish movement to the 12-day EMA. […]
Bitcoin Price Prediction- BTC Value by the Year 2020 Currently, everyone within the crypto space is wondering what the future of Bitcoin holds for its investors in 2020 and beyond. The cryptocurrency market is widely known for its price volatility which can shoot to incredible highs or lows in a short period. While this may […]
Bitcoin Price Weekly Analysis: BTC/USD Nosedives Below $3,800 Key Points Bitcoin price fell significantly and traded below $4,000 and $3,800 against the US Dollar. There is a major bearish trend line formed with resistance at $4,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is under pressure below $3,800 […]
Bitcoin Moving in a $400 Range with Resistance at $4,700 The path of least resistance is clear and as long as prices are trading below $4,700 then we could see further declines towards $3,000 or lower. But even as analysts and investors track price, the survival of Bitcoin conjures memories of the dot com bubble. […]
Bitcoin (BTC) Finds Support at $4,200, What Next? After a brief recovery mid-week that hinted at a possible bottom found, a fresh crash has decimated the cryptocurrency market this morning. After dipping sharply from $4,440, Bitcoin (BTC) managed to find support at $4,200, which has long been considered a critical support level. Should it breach […]
There Is No ‘Bitcoin’ – What the SEC Doesn’t Get About Cryptocurrency The U.S. Securities and Exchange Commission (SEC) has been gone to significant lengths in an attempt to understand the crypto asset space. This effort is to be applauded. However, the SEC has failed to come to terms with one fundamental aspect of crypto […]
Bitcoin price plunges below $4,500 mark in new 2018 low The price of bitcoin continued to plunge on Tuesday as it fell another 7% to $4,387, taking its losses to almost 30% in the past week. A 14% tumble in the price of the world’s biggest and best-known cryptocurrency on Monday had taken bitcoin below […]
Bitcoin price latest update: Cryptocurrency value to INCREASE due to high US debt level ShapeShift CEO Erik Voorhees has said cryptocurrencies will boom during the next global financial crisis. The finance expert at the global trading firm believes the high level of US debt will cripple the economy unless more money is printed. He argues […]
Bitcoin (BTC) Long Term Price Forecast BTC/USD Long-term Trend: Ranging Resistance levels: $7,200, $7,400, $7,600 Support levels: $6,400, $6,200, $6,000 The price of Bitcoin was range bound in the first week of November 2018. In retrospect, the digital currency was ranging above the $6,400 price level all through the month of October 2018. […]
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 […]
