Cryptocurrency Analysis and News Portal
Bitcoin (BTC) price has far higher to go during its current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric.In social media posts Aug. 22, Hans Hauge, senior qualitative researcher at crypto investment fund Ikigai, identified Bitcoin sentiment as being
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Bitcoin (BTC)price will never make it to $50,000, gold bug and crypto skeptic Peter Schiff has claimed in the latest attack on the largest cryptocurrency.‘This is hysterical’In a social media debate on Aug. 20, Schiff, who is well known for his distaste for Bitcoin, said that gold would definitely
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Bitcoin (BTC) price was testing support at $10,000 Aug. 22 as the largest cryptocurrency fluctuated between four and five figures.Market visualization. Source: Coin360Difficulty must touch floor before Bitcoin price moonsData from Coin360 showed BTC/USD crossing the $10,000 mark multiple times over the past 24 hours. Currently, the pair is hovering
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Bitcoin price declined heavily in the past few sessions below $10,000 against the US Dollar.The price is currently correcting higher after it tested the $9,750 support area.There is a declining channel forming with resistance near $10,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could
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Ripple price is following a bearish path and it recently broke the $0.2700 support against the US dollar.Bitcoin price is down around 8% and it settled below the key $10,000 support area.There is a major declining channel forming with resistance near $0.2680 on the hourly chart of the XRP/USD pair
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ETH price started a fresh decrease after it failed to climb above the $202 resistance against the US Dollar.The price is down more than 8% from the high and it is now trading well below $190.There is a connecting bearish trend line forming with resistance near $190 on the hourly
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After failing to reclaim the $11,000 threshold yesterday, Bitcoin (BTC) price has dropped again to four figures.After the biggest cryptocurrency rapidly dropped $700 in minutes earlier today, the bearish movement continued as Bitcoin dipped below $10,000 price mark.Market visualization | Source: Coin360At press time, Bitcoin is trading at $9,983,
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As soon as Bitcoin dropped below the $10,600 level and failed to climb over heavy resistance, it demonstrated a steep fall to $10,068 within a span of minutes. According to some analysts, the drop could possibly signal a short term trend line breakdown if the asset fails to close above
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Spencer Bogart, a general partner at venture capital firm Blockchain Capital, thinks that Bitcoin (BTC) will be a safe haven in the long term. However, he has a nuanced view of how BTC price will play out with respect to various economic events.Bogart shared his views during an interview
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Bitcoin price failed to surpass the $11,000 resistance and recently declined against the US Dollar.The price is currently trading below the key $10,600 and $10,500 support levels.This week’s followed crucial bullish trend line was breached with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from
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