Cryptocurrency Analysis and News Portal
Ethereum failed to clear the $142 resistance and started a fresh decline against the US Dollar, similar to bitcoin. ETH price could soon test the main $120 support area, where the bulls might emerge.ETH price is currently trading in a bearish zone below the $135 level against the US Dollar.There
Read More
Bitcoin is slowly rising and trading above the $6,750 level against the US Dollar. BTC price must claim the $7,000 resistance to start a strong rally in the near term.Bitcoin is trading in a crucial range below the $7,000 resistance area against the US Dollar.Yesterday’s discussed double top pattern is
Read More
Bitcoin (BTC) dipped below $6,000 on March 21 as an end-of-week rally to near $7,000 appeared to stall.Cryptocurrency market daily overview. Source: Coin360BTC price ruminates at $6,000Data from Coin360 and CryptoX Markets put BTC/USD at a crossroads on Saturday, the pair circling the $6,000 mark in volatile conditions.Markets had
Read More
Bitcoin is facing a crucial resistance near $8,200 against the US Dollar (as discussed yesterday). BTC price could trade in a range for a few sessions before the next move.Bitcoin is trading in a bearish zone below the $8,200 resistance area against the US Dollar.The bulls are putting up a
Read More
The yield on the 10-year U.S. Treasury note has fallen below the yield on the 3-month T-bill, stoking fresh recession talk. Long-duration bond yields are plunging on growing haven demand as coronavirus infects over 73,000 people. Researchers at MIT have used a scientific model to predict the likelihood of recession. The results
Read More
UBS is trying to save its real-estate fund from huge redemptions. UBS’ troubles indicate that something greater is amiss with the U.S. housing market. Store closures and loss of employment could trigger the next crisis. The U.S. housing market is enjoying terrific price appreciation thanks to a lack of homes available for sale,
Read More
Bitcoin started a downside correction from the $10,500 area against the US Dollar. BTC declined below $10,200, but it is still holding the key 100 hourly SMA.Bitcoin price failed to climb above $10,500 and corrected lower against the US Dollar.There was a sharp dip below the $10,200 level before the
Read More
The U.S. housing market’s good days could come to an end thanks to coronavirus. Chinese investors have played a key role in propping up the market. They could take away billions of dollars worth of demand thanks to the epidemic. A low mortgage rate environment and the lack of inventories have been tailwinds
Read More
Bitcoin price jumped above the $9,550 resistance to invalidate a key head and shoulders pattern against the US Dollar. It seems like BTC is primed for a massive rally above $10,000.Bitcoin bears failed to push the price below the main $9,150 support against the US Dollar.The bulls gained control, resulting
Read More
Bitcoin traded to a new 2020 high at $9,575 and recently corrected lower against the US Dollar. It seems like an inverse head and shoulder pattern is forming, which could drag BTC towards $8,800.After a steady rise, bitcoin price struggled to gain momentum above $9,500 against the US Dollar.The price
Read More