Selling pressure took BTC/USD below $5,900 as the weekend closed, but strength subsequently reappeared and markets bounced higher. Bitcoin (BTC) swiftly retook $6,000 after losing support on March 30, as analysts eyed a potential for the price to fill a new gap in futures markets. Cryptocurrency market daily overview. Source: Coin360 BTC price gains 3% […]
Continue ReadingBitcoin price dropped below $6,000 after traders failed to hold the $6,200 support. For the second time in one week Bitcoin (BTC) price has fallen below $6,000. Today’s pullback below the $6,000 mark comes as the weekly and monthly close approach and its possible that the price could also be influenced by investors fear that […]
Continue ReadingBitcoin may not return to $10,000 soon, WHO launches blockchain platform to fight COVID-19, and more bad news for QuadrigaCX victims. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — […]
Continue ReadingMost top performers are attempting to climb back after a sharp sell-off. If they can sustain above their immediate overhead resistance levels, a bottom is likely to be confirmed. The coronavirus pandemic has only worsened this week and has engulfed almost the whole world. Several countries in Europe and the US have been the worst […]
Continue ReadingBitcoin doesn’t brrr money to succeed, so it could be the best time to buy as several price indicators are suggesting the BTC price bottom may be close. The Bitcoin (BTC) price remained relatively sideways last week and not once did it test resistance or support of the descending channel identified in last week’s analysis. […]
Continue ReadingBitcoin price is becoming bearish on shorter timeframes as global markets are still pricing the coronavirus pandemic and government stimuli. The price of Bitcoin (BTC) has shown a strong surge in the past weeks, as the price rallied from $3,750 to $6,900. However, the crucial $6,900 level wasn’t broken to the upside and confirmed as […]
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Despite global recession in both crypto and traditional markets, many blockchain jobs continue to rise. Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history. The whole world seems to be falling apart except for blockchain […]
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Most cryptocurrencies have turned down from their overhead resistance levels suggesting a minor correction or period of consolidation will occur in the next few days. The coronavirus pandemic and the economic crisis that it has brought along is the first of its kind in this generation. For weeks now, global equities markets have been swinging […]
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Top crypto traders have started to lean toward a resumption of a bearish trend for Bitcoin price. With the firm recovery of the Dow Jones Industrial Average and Bitcoin defending the $6,400 support level with strength, crypto traders anticipated the Bitcoin price to rebound to at least the mid-$7,500 area in the short term. In […]
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A solid rejection of $7,000 earlier this week keeps Bitcoin within the upper $6,000 range but there is a lot to reclaim, say analysts. Bitcoin (BTC) continued to trade near $7,000 on March 27 after traditional markets showed bullish signs and the Dow Jones had its best day in 87 years. Cryptocurrency market daily overview. […]
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