On Oct. 9 Bitcoin price rallied 5% to notch a 2-week high at $8,715. Traders now must push BTC above the 200-daily moving average and set a higher high above $9,780. On Wednesday morning Bitcoin perked up and punched above the $8,300 resistance during the U.S. trading session. Daily crypto market data. Source: Coin360 The […]
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CNBC crypto trader Big Cheds says bullish divergences on multiple indicators could lead to a short-term bounce in Bitcoin price. The $8,000 mark seems to be an important price point for crypto’s market leader, Bitcoin (BTC). Since its breakdown from $9,400, the digital asset has lost and regained the $8,000 level several times, sitting at […]
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Bitcoin looks to be stabilizing. If that happens, select altcoins might outperform. Let’s study the charts. Total crypto market capitalization has held the $200 billion mark for the past few days. This is a positive sign, as it shows that market participants are not panicking at lower levels but are using dips to buy. The […]
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Bitcoin Price Continues to Fall as $7,120 Looks like Critical Support to Stave off Bear Market 2.0 This week isn’t looking good for Bitcoin (BTC) as the price continues to decline after reaching a high of $8,540 on Oct. 1 down to $7,870 on Oct. 6. This continued decline was anticipated in last week’s analysis, […]
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Bitcoin price needs to break out of the $8,200 to $8,500 range or bears could step in to push the price down to $6,500 and below. Around this time last week, the situation was looking increasingly dire for Bitcoin (BTC) and murmurs of a drop to $6,000 and even $3,000 began to circulate amongst traders. […]
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As Bitcoin hovers in the $8,000 range, crypto analysts Ledger Status, Tone Vays and Crypto Cred provide insights on BTC’s$1,700 price drop. As Bitcoin’s (BTC) price floats in the waters of uncertainty in the low $8,000 range, one might wonder how crypto’s largest asset found itself at the bottom of a steep drop after its […]
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Crypto enthusiast and U.S. presidential campaigner John McAfee explains why Bitcoin should hit $1 million in 2020. Major Bitcoin (BTC) bull, programmer and 2020 United States presidential campaigner John McAfee has explained why Bitcoin will hit $1 million in 2020. “I said $1 million and I’m sticking to one” McAfee, known for his brave prediction […]
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RenrenBit CEO Zhao Dong speaks about Tether’s yuan-backed stablecoin and its impact on Bitcoin and crypto startups in China. In late August various crypto media reported that Tether planned to issue a Chinese yuan-backed stablecoin. Bitfinex shareholder Zhao Dong told ChainNews that the stablecoin would be called CNHT and be held in offshore accounts. Zhao […]
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Digital asset investement firm KR1’s portfolio surged in value in H1 2019, with the company attributing its $5.6 million profit to the launch of Cosmos network. European digital asset investment firm KR1 posted a $5.6 million profit for the half year ending on June 30, 2019, mainly due to the launch of Cosmos network. High […]
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Bitcoin bounces back from the drop to $7,800 but bulls are unsure whether the crypto market bottom is in? Bitcoin (BTC) price has had a volatile start to the week. Asia kicked off the trading week with a 4% selloff that brought Bitcoin price from $8,050 to $7,700. The ball was then passed to the […]
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