Cryptocurrency Analysis and News Portal
Bitcoin took a deep dive on Wednesday to test the levels last seen in May.The benchmark cryptocurrency plunged by up to circa $566.29, or 7.65 percent, in just two hours of trading. The move downside brought bitcoin down to a session low of $7,402.20. While the price later corrected, its
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Analyst, Chris Mancini claims governments are increasingly turning to gold, and not Bitcoin, in order to hedge against economic uncertainty. Motivated by geopolitical wranglings, as well as a desire to reduce dollar reliance, the Chinese and Russian central banks are driving demand for gold. Is Bitcoin now out of the
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Bitcoin price is declining after it failed to climb above the key $8,300 resistance against the US Dollar.The price is under pressure and it is now trading below the $8,000 support area.There was a break below a connecting bullish trend line with support near $8,080 on the hourly chart of
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The total crypto market cap failed to climb above the $220.0B resistance and declined recently.Bitcoin price is down 3% and it is now trading below the $8,000 support area.Binance coin (BNB) price failed to stay above the $18.00 support and resumed its decline.Litecoin (LTC) price is down around 4% and
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Ripple price declined recently after it failed to climb above the $0.3030 resistance against the US dollar.The price is currently trading below $0.2950, but it is holding the key $0.2850 support area.There was a break below a key bullish trend line with support near $0.2940 on the hourly chart of
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Ethereum price is declining again after it failed to break $178 and $180 against the US Dollar.Bitcoin price is also moving down and it is likely to break the $8,000 support area.There is a key bearish trend line forming with resistance near $172 on the hourly chart of ETH/USD (data
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Four Main Reasons Behind the Falling Bitcoin Price October 22, 2019 by Jeff Fawkes A thought that makes most Bitcoin veterans nervous: that the price may never jump back over the $14,000 USD level. Why is this? Because the industry needs some new code before it can move on to
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Bitcoin was maintaining its weekend gains on Tuesday as investors assess positive outcomes from the ongoing US-China trade talks but remained uncertain over the Brexit deal.The benchmark cryptocurrency established a session high of $8,296.50, up 1.05 percent from the market open. The upside move was minor in the context of
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Bitcoin price is showing positive signs and is holding the $8,100 support area against the US Dollar.The price is likely to surpass the $8,280 and $8,300 resistance levels to continue higher.There is a short term declining channel or bullish flag pattern forming with resistance near $8,255 on the hourly chart
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The total crypto market cap is attempting to surpass a major resistance near the $216.0B level.Bitcoin price is correcting gains and is trading below the $8,200 level.BCH price is up more than 3% and is recently surpassed the $230 resistance.BSV price rallied more than 15% and it broke the key
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