Cryptocurrency Analysis and News Portal
Bitcoin’s big dip to below $8,000 has accelerated speculation of an extended move to the downside. But the cryptocurrency is hiding a bullish catalyst under its sleeves.So it appears, CME futures linked to the bitcoin price have formed a big gap on its daily chart. The missing candle between Friday’s
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Berkshire Hathaway increased its position in Delta by about 1.4%. Wall Street analysts have been warning against buying amid the stock market rout. Warren Buffett is not one to follow the herd. The coronavirus disease outbreak has ravaged airline stocks in the wake of global flight cancellations. While everyone
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The S&P 500 Index on Monday recovered from its worst week since the 2008 financial crisis, lifted by hopes that the central bank would introduce stimulus programs to offset the economical slowdown caused by the growing Coronavirus pandemic. But the intraday recovery alone cannot guarantee a full-fledged bull run, according
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While the Dow Jones dropped 3,000 points in a week, some stock market analysts are still bullish. They say now’s the time to “Buy the dip!” But there’s another old saying on Wall Street. “Never catch a falling knife.” One trader warns buying this dip could get “very, very
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Bitcoin (BTC) price made a small correction yesterday as it dropped from $10,100 towards $9,800. However, today’s bullish momentum returned and the price bounced back above $10,000 to make a new 2020 high at $10,370. So is the continuation of bullish momentum likely? Let’s look at the charts to see
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Bitcoin (BTC) fell below $10,000 on Feb. 10 as sudden volatility saw markets abandon five figures just a day after reaching them.Data from Coin360 and CryptoX Markets showed BTC/USD dipping to lows of $9,850 at press time, followed by a bounce-back up to $10,000 and subsequent fluctuation in the
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Bitcoin price climbed steadily above the $10,000 resistance against the US Dollar. However, BTC could correct lower towards $9,850 before it rallies towards the $10,500 area.Bitcoin is currently facing resistance near the $10,200 area against the US Dollar.The price is now showing signs of a downside correction below the $10,000
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Bitcoin (BTC) may have come within 2% of $10,000 this week, but its 40% gains in 2020 are now making traders bearish about the future. Speaking to CryptoX in a Market discussion on Feb. 7, two trading heavyweights highlighted what they consider to be the increasing potential for Bitcoin to
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After an impressive performance over the past two weeks, Bitcoin (BTC) price appears to be taking a breather which on Feb. 7 saw the price trade in the $9,730 to $9,800 range. The weekly high at $9,910 appears to be standing as resistance and the price traded sideways under
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This reporter attended his first bitcoin meetup in sunny Scotland on Thursday.It took place in the Bayes Centre – Edinburgh University’s snazzy artificial intelligence and data science hub. It also happens to be the spot where IOHK, the creators of the Cardano cryptocurrency, helped establish a Blockchain Technology Laboratory. The topic
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