Cryptocurrency Analysis and News Portal
Bitcoin price is extending losses and it traded below the $8,640 support against the US Dollar.The price is likely to decline further below the $8,560 and $8,500 support levels.Morning’s short term breakout pattern was breached with support near $8,650 on the hourly chart of the BTC/USD pair (data feed from
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View BTC is on the defensive and may face selling pressure in the run up to the bearish crossover of the 100- and 200-day averages. Prices will likely breach the 50-day average support near $8,550 and extend losses toward $8,000
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Bitcoin (BTC) fell below $8,600 on Nov. 14 as its slow grind downwards continues to see new lows haunt markets.Cryptocurrency market daily overview. Source: Coin360Bitcoin trends downwards at $8.6KData from Coin360 shows the largest cryptocurrency hitting $8,550 on Thursday, its lowest since late October. A subsequent rebound took BTC/USD
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Bitcoin price is trading with a bearish angle below the $8,880 resistance against the US Dollar.The price is likely to continue lower below the $8,640 and $8,600 support levels.There is a short term breakout pattern forming with resistance near $8,740 on the hourly chart of the BTC/USD pair (data feed
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Bitcoin’s (BTC’s) price has been choppy since its October spike to $10,350, giving no clear indications of where its trend will head next. Overall, crypto’s pioneer asset has been fairly uneventful, with many price fakeouts. Bitcoin’s daily candle bounced off its 50-day moving average (MA) as support on Nov. 12,
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China’s largest newspaper refers to crypto asset VeChain as integral in the “From French Farms to Chinese Plates” food safety initiative. In a continuation of pro-blockchain sentiment, the People’s Daily publicize how blockchain is helping to restore consumer confidence in China’s food industry.Food Scandals In ChinaThe Chinese food industry is
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AnalysisWhen looking at the chart below, we can see that Bitcoin(BTC)trade is currently trading at $8,792. It can also be observed that the largest cryptocurrency’s price is back into the channel with an upper limit at $8,875 acting as resistance and the lower limit at $8,689 acting as support.Additionally, there
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Bitcoin price is struggling to recover above $8,800 and $8,840 against the US Dollar.The price is slowly moving lower and it is likely to decline sharply below $8,600.Morning’s bearish trend line is active with resistance near $8,775 on the hourly chart of the BTC/USD pair (data feed from Kraken).It seems
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Bitcoin price is trading in a downtrend below $8,800 and $9,000 against the US Dollar.The price is currently declining and it seems to be struggling near the $8,840 level.Yesterday’s major bearish trend line is active with resistance near $8,920 on the hourly chart of the BTC/USD pair (data feed from
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