Cryptocurrency Analysis and News Portal
This week Bitcoin (BTC) continued to trade within a tightly defined range and at the time of writing the price is flat. The bulls and bears have been throwing the market back and forth with moments of high volatility on the lower timeframes, all of which are often a
Read More
As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen lower highs indicative of a downward trend, at least in the mid-term. After
Read More
The total crypto market cap is now placed nicely above the $190.0B support area.Bitcoin price is holding the $7,300 and $7,400 support levels.EOS price is currently consolidating above the $2.600 level and it could rise towards the $2.85 level.Binance Coin (BNB) is struggling to gain momentum above the $16.00 and
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
“There are two goals for international digital currencies,” Zhou said. “The first one, which is also what China envisions is to develop digital payment and its use for retail system in the country, while the other goal is to cross-border payment for international financial institutions.” Source
Read More
Charles Hoskinson remains ultra bullish on bitcoin.FUD takes over the cryptocurrency markets.Now might be a good time for long term BTC acquirers.Despite a recent bout of fear, uncertainty, and doubt within the cryptocurrency community, Charles Hoskinson – the creator of Cardano – has set a bullish $100,000 price target for
Read More
Ethereum is down more than 8% and it tested the final $155 bearish target against the US Dollar.Bitcoin price is also down around 6% and it traded close to the $7,400 bearish target (as discussed yesterday).There is a short term contracting triangle forming with resistance near $165 on the hourly
Read More
On 15 November, during an interview for CNBC journalists, Tom Lee gives price prediction to set some fire. Cryptocurrency will show its potential as a “network value asset”, according to Tom. He said Bitcoin is similar to FAANG stocks that represent the top companies of the U.S. economy: Facebook, Apple, Amazon,
Read More
Bitcoin price is currently declining below the $8,600 support area against the US Dollar.A new monthly low was formed near $8,457 and the price is currently correcting higher.There is a key declining channel forming with resistance near $8,710 on the hourly chart of the BTC/USD pair (data feed from Kraken).There
Read More
Crypto exchange Bittrex is being sued over a SIM swap that netted criminals 100 bitcoin, currently worth nearly $1 million. The case resembles other recent high-profile heists in which a hacker seizes control of a victim’s cell phone to
Read More