Cryptocurrency Analysis and News Portal
Whilst the Bitcoin price (BTC) action may seem bearish to some, the leading digital asset has several bullish indicators that hint towards an imminent recovery.As Bitcoin enters the last month of 2019, will the king of cryptocurrencies finish on a bullish rally, or fall to a yearly low?Daily crypto
Read More
Mainstream media is out spreading fear, uncertainty, and doubt (FUD) about bitcoin triggered by the recent selloff. News outlets miss the fact that bitcoin is an uncorrelated asset. The same media companies also ignore bitcoin’s growing use case. The mainstream financial media is once again feasting on bitcoin’s recent tumble. The number one
Read More
Since dropping below the descending channel on Nov. 25, Bitcoin (BTC) has reclaimed $7,000, cleared some hefty resistance at $7,400 and now made its way up to above $7,500 by press time.Crypto market daily performance. Source: Coin360The 111-day moving average (DMA) and the 128-DMA are currently in the process
Read More
The total crypto market cap is facing a strong resistance near the $190.0B and $195.0B levels.Bitcoin price is also struggling to surpass the $7,300 and $7,400 resistance levels.Litecoin (LTC) price is declining and it might trade below the $45.00 support area.BCH price is struggling to hold the key $205 and
Read More
There was a sharp decline in bitcoin below the $8,000 and $7,500 supports against the US Dollar.The price is currently correcting losses, but remains at a risk below $7,400.There is another breakdown pattern forming with support near $7,240 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The
Read More
As the price of Bitcoin (BTC) was retracing from the massive rally four weeks ago, no clear indications were seen on the charts of a potential reversal. Thus, the price started to accelerate downwards to the next support areas, causing the price to drop $1,000 within one day.Crypto market
Read More
Bitcoin’s (BTC) price action continues to be less than impressive unless one is a bear capitalizing on the current shorting opportunities. Bulls pinned their hopes on BTC price breaking out of the falling wedge in a strong upside move since the consensus was that this particular pattern tends to produce
Read More
Ethereum price is declining below the key $180 support against the US Dollar.Bitcoin price is down more than 2% and it also broke the $8,200 support area.Yesterday’s bearish trend lines are intact with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken).The price is currently flirting
Read More
Bitcoin (BTC) closed the week down almost 6% at $8,500. Altcoins performed slightly better than BTC but collectively also closed lower for the week, down 3.5% against the dollar. Bitcoin dominance remains relatively flat and continues to hold 68% of the total share of the cryptocurrency market.Monday has brought
Read More
Bitcoin is at risk of another sell-off after its price fell beneath a key moving average on Nov. 15, while traditional markets hit record highs. Original Source
Read More