Cryptocurrency Analysis and News Portal
Over the past few days, Bitcoin has struggled to cross $10,000. Just yesterday, the cryptocurrency was rejected from the key resistance for the second time in a week, plunging to $9,200 just hours after it failed to break into five digits.But analysts are becoming convinced that Bitcoin is poised to
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After trading below $9,000 ever since the blow-off top on Wednesday, Bitcoin has been subject to a strong recovery over the past couple of days, culminating in a breakout seen this past hour.The cryptocurrency, as of the time of this article’s writing, is trading for $9,150 — more than 9%
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With the Bitcoin halving event less than 13 days away, the BTC price rally continues. The coin has hit $8,000 with the bulls setting new higher highs striving to break strong resistances.Since the start of 2020, the Bitcoin price has developed strong upward trends. These trends have even subdued the
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Bitcoin is struggling to surpass the $7,800 resistance area against the US Dollar. It seems like BTC price could dip towards $7,600 or $7,400 before a fresh rally towards $8,000.Bitcoin made two attempts to clear the $7,800 hurdle against the US Dollar, but it failed.The price is showing a few
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Bitcoin failed to continue above the $9,200 resistance and it is down more than 4% against the US Dollar. BTC is now trading in a bearish zone and it could slide further below $8,700.After forming a short term top near $9,211, bitcoin price declined sharply below $8,880.The price is now
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Bitcoin appears to be forming a severely bearish technical indicator that analysts call a “death cross.”The grimly-named signal will kick in when bitcoin’s 20-day moving average drops below its 50-day moving average. So it appears, the cryptocurrency is only a few sessions away from making its first Death Cross for
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The bitcoin price plunged by around eight percent overnight against the USD in one of the strongest long squeezes in recent months.The pullback stopped right at 200-day exponential moving average (EMA), and the dominant cryptocurrency has started to show signs of recovery.Bitcoin is recovering at a key levelThe 200-day EMA
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Gold prices hit a seven-year high on Monday after a stunning rally. The U.S. stock market crashed amid coronavirus fears, implying the risk is getting priced in. The emergence of a locust plague will be the icing on the cake to an already tumultuous 2020. The locust plague, which
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GameStop seems to be going under, as they desperately employ aggressive sales tactics. These tactics appear to be pushing away their already dwindling customer base and sapping employee morale. GameStop deserves everything that is happening, even if their employees don’t. A little while ago we reported that the future
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Ethereum failed again to surpass the $288 resistance area against the US Dollar. As a result, ETH price declined sharply below $270 and it might soon revisit the $240 support.Ethereum failed on a couple of occasions to surpass $286 and $288 against the US Dollar.The price is down more than
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