Cryptocurrency Analysis and News Portal
Bitcoin’s recent plunge to below $7,000 pretty much shell-shocked much of the crypto community, leaving some market participants scrambling and others to speculate about why it happened. The months leading up to the next bitcoin halving event are supposed to be exciting, but bitcoin has once again proven its unpredictable
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It seems like everyone wants to know a bit more about Bitcoin after prices of the cryptocurrency token have dropped significantly to new six-month lows. According to Google Trends, the recent spike in Bitcoin searches seems to have been originating from African countries with Nigeria, Ghana, and South Africa taking
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Bitcoin’s outlook went from bullish to extremely bearish real quick. Institutions may be playing a huge role in the current selloff. Miners and retail traders add to the supply of bitcoin in the market. Bitcoin is down over 21% in eight days. It has taken out key support of $7,400. Even worse, it
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The number of Ether (ETH) locked in decentralized finance (DeFi) applications reached an all-time high of 2.7 million, according to DeFi monitoring resource DeFiPulse, and has been steadily growing since the end of June. Of the 2.7 million ETH locked, 2.1 million (77%) are locked in the system behind the
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BTC may have found a temporary bottom near $6,500 and could witness a bounce, with the short-term charts reporting seller exhaustion. Source
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Peter Schiff believes bitcoin is breaking out of a bearish formation and is heading to $1,000. A renowned technical analyst thinks that such a bearish pattern could, instead, take BTC to $4,000, if validated. Several technical indicators add credibility to a further drop, but there is still a chance for a rebound. On
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Bitcoin (BTC) has sparked fresh interest from mainstream consumers after its price nosedived to its lowest levels since May this week. According to data from Google Trends, “Bitcoin” and associated terms have increased in popularity conspicuously over the past week.“Bitcoin halving” back in the spotlightCurrently, “Bitcoin” is at its highest
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Bitcoin Price Is Now Below $7K – What Does It Mean? November 25, 2019 by Ramiro Burgos The bitcoin price has extended its bearish correction to $7,000 USD and now below, turning on a reverse reaction chance. If you’re trying to make sense if it and wondering what could happen
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Investment apathy in global cryptocurrency markets and also traditional markets deepened over the weekend as Bitcoin price which has been sliding in recent times slipped below the normal psychological $7,000 which everyone within the crypto space has been looking forward towards as a support for one last rally towards the
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