Cryptocurrency Analysis and News Portal
Bitcoin price extended its decline below the $50,000 support against the US Dollar. BTC is now consolidating losses and it remains at a risk of more downside below $48,000. Bitcoin declined heavily below the $52,000 and $50,000 support levels. The price is now trading well below $52,000 and the 100 simple moving
Read More
Bitcoin has adequate on-chain support at $47kA drop below this level opens the doors to $45k and belowIf Bitcoin fails to hold the $50k price area during the weekly close, chances are that BTC goes lower to $44k or even $43kBitcoin has strong on-chain support at $47k. This support zone
Read More
Bitcoin price continues to come under pressure from sellers while
Read More
The market pull-back may also be linked to the possible cryptocurrency market crackdown caution that is probably scaring off some investors. Following the recent bull-run of the crypto market led by Bitcoin, Ethereum, and Binance coin, the market has undergone a correction pushing
Read More
Dan Morehead of Pantera Capital is anticipating Bitcoin to hit $200k by 2022His analysis is based on the adoption of BitcoinFor every million new users, the price of Bitcoin rises by $200Smartphones will be key in Bitcoin adoptionDemand for Bitcoin by institutions is also rising and could lead to a
Read More
Bitcoin price failed to stay above the $54,000 support against the US Dollar. BTC is declining and it is likely to accelerate losses below the $50,000 support zone. Bitcoin is declining from well above $55,000 and it broke the $53,500 support. The price is now trading well below $52,000 and the 100
Read More
Bitcoin (BTC) price is making a slow recovery after facing a sharp 16% correction in the early hours of April 18.While some analysts blame a 9,000 BTC deposit at Binance, others focused on the hashrate drop caused by a coal mining accident in China. Regardless of the reason behind the
Read More
As Bitcoin continues to expand, some investors have preferred to acquire shares in mining services like Marathon over buying BTC itself. The opening months of 2021 have become a key inflection point in the evolution of cryptocurrencies. Propelled by investor confidence and concerns about global monetary
Read More
Bitcoin and Crypto analyst MagicPoopCannon, has forecasted that the top is not inHe cites that the Bitcoin 200 week MA divergence heat map, is yet to show exhaustionHowever, a top is near with Magic seeing a possible Bitcoin top at $80k – $90kPopular Bitcoin and Crypto Analyst, MagicPoopCannon, has forecasted
Read More
After the initial oversold bounce, traders are struggling to sustain
Read More