BTC/USD Long-term Trend: Bearish ⦁ Resistance Levels: $7,000, $7,200, $7,400 ⦁ Support levels: $6,400, $6,200, $6,000 In September, the overall trend for Bitcoin's price declines. The price of Bitcoin is $ 7,036.25 at the beginning of September 2018. The capital at the time of writing fell to $ 6,490.75. In other words,...
In general, investors and analysts said Consensus 2018 would affect Bitcoin and other cryptocurrencies in a positive way, but it was not expected. Experts told me why. Consensus, the world's largest crypto money and blockchain event, was held in New York during the Blockchain Week. In general, investors and analysts were...
Bitcoin is going lower inside a descending channel that seems to have already found a ceiling at the mid-channel area of interest. If at this point the sellers return, the next potential downside Target is shown by the Fib extension tool on the pullback. To verify that the path of least...
Peter Brandt, a legendary investor recently had a discussion witrh CoinTelegraph regarding his opinion on the current bear market. Although Brandt has been trading traditional markets for almost fifty years, he praised Bitcoin (BTC). In response to the conditions of the bear market, Brandt said that the best thing one...
Conducted with the support of the Proof of Work protocol, Bitcoin mining and BTC miners are represented as the spinning wheel of the Bitcoin ecosystem. By mining Bitcoin, miners are actually validating all transactions going through the BTC blockchain, making sure that no double spending or empty transactions are able...
At some point in history, there has been a need for a new system of payment, sometimes these payment methods are adopted quickly, other times they are accepted slowly over time. Most systems have become obsolete leaving only the fiat currency. In 2008, a new means of making payment...
Will Bitcoin Recover: Bitcoin and other cryptocurrencies are struggling to keep momentum. Current performance of bitcoin is not according to what experts and bitcoin enthusiasts expected for Q4 2018. As it is facing high volatility and dips continuously. Many experts and enthusiast are thinking that will bitcoin recover from...
Bitcoin came around 2009 when it was first valued at under a cent towards later on reaching the very top of the list of over 2000 different currencies. Its all-time high almost hit 20,000 back in January of 2018, but besides from being suppressed by the frequent market dips with...
The Chief Commercial Officer of global crypto payment processor BitPay said that; Altcoins “will never come back,” while Bitcoin will “rebound” in 2019, in an interview with Bloomberg September 12. Sonny Singh said that the cryptocurrencies markets are now on the verge of a new stage of progress requiring a specific...
Bitcoin (BTC) remains pleasantly above the threshold of $ 7,600 and moves slowly to a new price of $ 7,700, trading at around $ 7,690 as of the close of this edition. The leading cryptocurrency, up almost 2.3 percent in a 24-hour period, registered a weekly intra-weekly minimum just...