Cryptocurrency Analysis and News Portal
Is the price of bitcoin preparing for a massive price rally ahead? Many traders believe so.The optimistic sentiments emerge owing to a potentially bullish factor. The bitcoin’s 50-daily moving average this Tuesday inched above its 200-daily moving average, a pattern known as Golden Cross.Golden Cross formation hints an upside price
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Bitcoin hasn’t fared too well over the past few days, tumbling as low as $9,500 on Monday as sellers have started to liquidate their stacks en-masse. This meant that at the current correction’s worst, BTC was down just around 10% from the local $10,550 high that was set last week.While
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Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000).Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar.There are positive
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Ripple found support near $0.2680 and recovered slightly against the US Dollar. XRP price could continue to rise, but the bears are likely to protect the $0.3100 resistance area.Ripple price is slowly correcting higher from the $0.2677 swing low against the US dollar.The price is back above the $0.2800 area,
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On Monday, for the third or fourth day in a row, the price of Bitcoin continued to correct lower. The cryptocurrency, at its worst on Monday, fell to $9,500 — just under 10% under the $10,500 peak seen the prior week.Despite the strong retracement, there have been a number of
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Bitcoin took a substantial hit in trading on Monday, moving from $10,000 to $9,452, in just fourteen hours. The drop, which largely came on profit-taking sentiment, also saw Binance Futures registering one of its biggest long liquidations: worth $2 million.The overleveraged exit order did not switch Bitcoin’s long-term bias –
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The altcoin market is bleeding red and Bitcoin SV (BSV) is its most injured pawn.The fifth-largest cryptocurrency on Monday slipped by circa 10 percent to establish a new intraday low at $256.66. The move downhill came as a part of a larger bearish correction that started last week when BSV
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Bitcoin makes a poor investment choice, well that’s according to the famed investor, Warren Buffet. Who sees more benefit in buying land over buying the number one cryptocurrency.Sun and Buffet Finally Lunch TogetherEach year, business magnate, Warren Buffett auctions a charity lunch in honor of the Glide Foundation, a San
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Bitcoin’s explosive price rally this year has earned it a new fan in CelticGold, AG.The Frankfurt-based precious metals exchange in a note advised commodity investors to purchase the world’s leading cryptocurrency. It said they should at least allocate 1-5 percent of their precious metals portfolio to Bitcoin, citing its two-year
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Bitcoin has seen quite the turn of events over the weekend; the price of the leading cryptocurrency has whipsawed between $9,700 and $10,500, failing to establish a short-term trend due to an endless tug of war between buyers and sellers.While many analysts and investors have attributed this indecisive price action
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