Cryptocurrency Analysis and News Portal
Ethereum continues to languish against bitcoin. Here's what it needs to break the downward spiral. | Source: ShutterstockTo say that Ethereum is weakening against the king of cryptocurrencies would be a huge understatement. The ETH/BTC pair is down by nearly 50% year-to-date as it languishes in bear territory for
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Bitcoin price is slowly declining and recently broke the $10,000 support area against the US Dollar.The price is facing an uphill task and it might continue to struggle near $10,250 and $10,300.There is a major bearish trend line forming with resistance near $10,250 on the hourly chart of the BTC/USD
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Is bitcoin destined for a severe drop to $7,000 or will it defy the bearish calls? On investment executive thinks we'll find out in a few weeks. | Source: ShutterstockBitcoin’s inability to make a new 2019 over the last couple of months has made many traders uneasy. Some are
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A big pullback awaits if bitcoin slips below a key psychological level, according to traders. | Source: ShutterstockThe bitcoin price has dropped from $10,968 to $10,285 in the past three days. If BTC fails to remain above $10,100, traders anticipate a bigger pullback below the $10,000 level.Since early August,
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After suggesting that decentralized asset bitcoin should be backed by Gold, prominent billionaire investor Mark Mobius is asking global investors to raise their stakes in the precious metal.The Mobius Capital Partners’ founding partner said in an interview with CNBC’s “Street Signs” that investors should allocate 10 percent of their portfolio
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The bitcoin price could creep below the $8,000 level soon, according to Mati Greenspan of eToro.The senior market analyst said in a tweet today that bitcoin is looking to test its 200-daily moving average, which reflects the benchmark cryptocurrency’s average closing price average over the previous 200 days. At the
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Bitcoin price is under pressure and it recently declined below the $10,500 support against the US Dollar.The price is struggling to climb higher and is approaching the $10,200 support area.There is a key bearish trend line forming with resistance near $10,400 on the hourly chart of the BTC/USD pair (data
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There was a steady rise in bitcoin price above the $10,500 resistance against the US Dollar.The price is currently correcting lower after it traded to a new monthly high close to $11,000.There is a key bullish trend line forming with support near $10,200 on the 4-hours chart of the BTC/USD
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An analyst found that major downturns tend to be healthy for the overall bitcoin price trend. Another analyst explains that 2019 may be a good year for BTC. | Source: Shutterstock Many armchair traders are so focused on the short-term price movement of bitcoin that they forget
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