Cryptocurrency Analysis and News Portal
Bitcoin price has been consolidating for months, but the current level may soon be lost completely if bulls can’t quickly reclaim $9,400. If the first-ever cryptocurrency can’t do so, the asset is at risk potentially for a substantial drop as a result. What’s so important about this level, and why does
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Bitcoin (BTC) must reclaim $9,400 as soon as possible in order to change its bearish course, says Cryptox Markets analyst filbfilb.In an update on social media on July 16, the popular trader warned that the situation facing Bitcoin was fast becoming make or break.Filbfilb: BTC nearing end of the compression
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In brief:Top crypto analyst, Timothy Peterson, has initiated a Twitter countdown for Bitcoin retesting $10,ooo. His prediction using Metcalfe’s law sees BTC hitting $10,000 in 49 days. Bitcoin is once again struggling to maintain the $9,000 support zone.In a recent tweet, Timothy Peterson has predicted that Bitcoin’s price will once again revisit
Read MoreBitcoin has failed on successive occassions to break through major resistance at $10,000, but is that about to change?As the lowered volatility of the past couple of weeks continues, both bears and bulls are contemplating whether a period of relative calm is the compression of the coil that will propel
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Japanese crypto investors have been known for their passionate support of XRP. Indeed, at one point in Japan, XRP was more popular than Bitcoin. Yet, the official data from the Japan Virtual and Crypto Assets Exchange Association, or JVCEA, the self-regulatory organization approved by the Financial Services Agency, or FSA,
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Ethereum is down more than 5% as it broke the $240 support against the US Dollar. ETH price found support near $220 and it is currently correcting higher towards key hurdles.Ethereum failed to continue above $250 and it started a major decline.The price dived below $240 and it even spiked
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In brief: Bitcoin exhibited some bullish momentum earlier on in the week. BTC traded briefly at $7,200, dropped below $7,000 and then attempted, with no success, to reclaim this level as support. However, we are back in familiar territory with $6,900 being the level to overcome once again. On April fools day, keen crypto
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Bitcoin price (BTC) is taking a bit of a breather after breaking flipping the $7,600 resistance to support during the morning trading hours of Nov 29. While the current technical setup is exciting, bulls will need to supply significant enough volume for the price to break to the upside of
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