Cryptocurrency Analysis and News Portal
Bitcoin was one of the few assets heading higher this week as fears about the Coronavirus outbreak led a steep fall in global markets.The benchmark cryptocurrency on Tuesday was up by 1.91 percent to trade near $9,066.21 per token in spot markets. At the same time, CME Futures linked to
Read MoreBitcoin gained bullish momentum above the key $8,800 resistance. As a result, BTC price surpassed $9,000 and it seems like the bulls are now aiming a test of $9,500.Bitcoin price is rising and it is now trading nicely above $9,000 against the US Dollar.The bulls are in control and there
Read MoreThe spread of the deadly and highly contagious Coronavirus has kindled fear in the hearts of investors, as the global equities markets are now facing heightened recession risk as the death toll and potential economic impact of the virus grows at a rapid rate.The strength of the ongoing global selloff
Read MoreBitcoin is looking attractive against the Euro as the European Central Bank signals it will leave negative rates intact.The bitcoin-to-euro exchange rate on January 24 ducked a deep downside attempt after bouncing back from its local support of €7,4577.77. The latest move uphill took the pair up by 6.20 percent,
Read MoreMass protests in Lebanon, which began as a demonstration over tax proposals, have since escalated into a full-blown financial crisis. As such, Bitcoin, and other decentralized cryptocurrencies, demonstrate, once again, the importance of financial sovereignty.Lebanese protestors. (Source: shutterstock.com)Lebanon Is In CrisisLebanon has a history of conflict, such as the civil
Read MoreA historically accurate bitcoin price indicator has just flipped its market bias to bullish after four months.Dubbed as Guppy Multiple Moving Average, or Guppy, the technical indicator identifies changing trends and potential price breakouts by adjoining an asset’s long and short term moving averages. It has long served as a
Read MoreAfter a five percent increase overnight, the bitcoin price is vulnerable to a major correction. A prominent trader Peter Brandt warned that a fall below a key level may trigger a serious correction.Brandt named the 18 displaced moving average (DMA) as the important level bitcoin has to defend to prevent
Read MoreBitcoin found a strong buying interest above $8,200, resulting in a fresh increase above $8,500. BTC price is currently above $8,600 and the bulls seem to be eyeing a break above $8,800 and $9,000.Bitcoin price is currently rising and showing positive signs above $8,500 against the US Dollar.The bulls seem
Read MoreBitcoin started a downside correction from the 2020 high at $9,191 against the US Dollar. However, BTC price is still in an uptrend and it could find buyers near $8,000 or $7,670.Bitcoin price started a short term downside correction below $9,000 and $8,800.It is currently trading above $8,200 and there
Read MoreOver the past week, Bitcoin (BTC) has started to show signs of weakness after a 40% uptrend in a month. Since establishing a $9,200 multi-month around seven days ago, the price of the leading digital asset has plummeted by 11% to $8,200, where it trades as of the time of
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