Bitcoin broke the recent downtrend on the daily chart on Friday, Jun 29. This week, the bulls supported the last weekend bullish rally. How far can this rally continue? What are the possible targets? How can we trade this? Is this a relief rally...
Bitcoin: Bitcoin is down by approximately 3% in the last 24 hours. It is down on heavy volumes. Currently, it is trading around $ 7400. Many analysts actually believe that in shorter term, it can head to as low as $ 6000 as well.
When...
When will Bitcoin go back up? Bitcoin price will drop to $5000, then will jump from there. With this and market underperformance, Woo and many other prominent analysts predict that Bitcoin prices will rise again. Analysts, however, seem to agree that a difficult period ahead...
The sentiment in the cryptocurrency market is pretty depressing. Most of the cryptocurrency traders are staying away from the trades. Moreover, due to regulatory news from all over the world, cryptocurrencies are in a bearish territory as well. On a daily basis almost, cryptocurrencies...
Many of the investors are confused about cryptocurrencies. As a result, they are not able to make a decision as to whether they should invest in Bitcoin and Ethereum and other cryptocurrencies or not. However, there are more reasons than one as to why...
Bitcoin has been losing trend consistently. As a result, one of the long-term technical indicators of Bitcoin is looking bearish.
The technical indicator which we are speaking about now is the five month moving average. The 5-month moving average is about to roll over into...
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