Cryptocurrency Analysis and News Portal
Max Keiser bets on Bitcoin’s sharply rising hashrate and the Game Theory to back his predictions. He says hashrate, and not the Bitcoin price, is the true indicator of the crypto’s inherent strength.The last month of August 2019 ended almost on a flat note for Bitcoin as the cryptocurrency consolidated
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Bitcoin price is currently correcting higher and is trading above $9,650 against the US Dollar.The price is struggling to break the $9,800 and $9,880 resistance levels.There is a major bearish trend line forming with resistance near $9,900 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price
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The long-awaited Bakkt platform will start accepting depositс of funds in the Bakkt Warehouse starting Sep. 6. The futures platform will launch on Sep. 23 and is expected to attract institutional investors because the settlement will be in Bitcoin (BTC) and the platform will offer the same cyber and
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There was a major downward move below the $10,000 support in bitcoin price against the US Dollar.The price is currently correcting higher, but upsides remain capped near $9,800 and $10,000.There is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair (data
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Bitcoin price extended its decline and traded towards the $9,300 level against the US Dollar.The price is currently correcting higher, but it is likely to struggle near $9,600 and $9,760.There is a short term breakout pattern forming with resistance near $9,500 on the hourly chart of the BTC/USD pair (data
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Bitcoin price is down more than 5% and it recently broke the key $9,760 support against the US Dollar.The price is currently consolidating near the $9,500 support and remains at a risk of more losses.This week’s followed bearish flag was breached with support near $10,000 on the hourly chart of
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Ripple price is trading in a bearish zone and recently broke the $0.2500 support against the US dollar.Bitcoin price is down around 5% and Ethereum price declined close to 10%.There is a key bearish trend line forming with resistance near $0.2610 on the hourly chart of the XRP/USD pair (data
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Bitcoin price is following a negative angle and is trading well below $10,200 against the US Dollar.The price is likely setting up for a downside break below the $10,000 support area.Yesterday’s highlighted rising channel or a bearish flag is intact with support near $10,050 on the hourly chart of the
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Bitcoin price struggled to gain above $10,500 and declined below $10,300 against the US Dollar.The price is currently trading in a bearish zone below the $10,350 and $10,500 resistances.There is a rising channel or a bearish flag forming with support near $10,040 on the hourly chart of the BTC/USD pair
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