BTC/USD Medium-term Trend: Bearish Resistance levels: $6,800,, $7,000, $7,200 Support levels: $6,300, $6,100, $5,900 Price of Bitcoin was in a descending trend on yesterday. As a result of its incapacity to achieve the $7,000 price level the BTC price was struggled. The price of Bitcoin decreased from the high of $6,832.47 and...
This is a deep analysis on Fibonacci retracements, Korea Volume , Futures closings, Tether, CNBC and why I believe that $7500 is the most critical point for Bitcoin 1.47% all year and if we break it, we are moving into a strong bull market and if we fail to...
Andreas Antonopoulos, who is a computer scientist, he analyzed distributed systems when he 1st heard about Bitcoin. This was early in 2012. According to him, he clearly understood the potential of the underlying technology. He clearly stated that it is much more than just a currency. As a result,...
On 18th September 2018, the BBC broadcasted that the UK Treasury Committee is demanding for crypto market taming in a bid to protect investors. The committee comprising of Members of Parliament (MPs) from the House of Commons is calling for regulations to specific tentative issues surrounding cryptocurrencies, like listing price...
According to a press release, the crypto money exchange shown among the world's largest companies, OKEx is launching an investment program called " Prime Investors"(Priority Investors). The program will start today. The aim of the program is to create a platform that brings together professional entrepreneurs and blockchain projects with "high qualities". OKEx is currently looking...
It’s no secret Bitcoin is crashing—and when it does, other cryptocurrencies follow suit. In the last couple of days, the entire cryptocurrency market has lost more than $60 billion USD of its value following a major crash wave that left Bitcoin and other digital assets at their lowest since...
Bitcoin is up for its bottom before an upward trend. The pricing charts used by expert to predict the price moves in future highlight a positive signal and a buying divergence upon its ranging over the price and trend lines. $6,000 is a firm support for Bitcoin; so, the downtrend would...
Verge (XVG), which has gained a significant boost and momentum after agreeing with Porn Hub, is currently experiencing the worst days of the last period. Verge, which has gained a serious momentum especially after the announcement of the agreements and cooperation they have done, is now facing a serious correction. Today,...
Bitcoin price remains in the doldrums amidst plunging to this year low of $3500 last month. The largest crypto coin continues flittering with $4000 level over the previous week. Traders are wondering how long the flagship cryptocurrency would remain in bearish trend. The market is yet unsure about the new...
The Tether (USDT) seizes the crypto market and spreads its effect to the altcoins as well.  Currently, majority of USDT is traded on many different big stock exchanges in very large amounts, and it seems possible that the remaining extra liquidity will leap to other altcoins. Bitcoin's price is fixed below $10,000, and transactions made over...