High Bitcoin hashrate fails to prop up BTC - Here's why

2024-9-12 10:00

Per VanEck, BTC's high network hashrate was partly boosted by cheap power in Texas.  However, BTC miner sell-off has intensified and could weigh down prices in the short term.  Bitcoin [BTThe post High Bitcoin hashrate fails to prop up BTC - Here's why appeared first on AMBCrypto. origin »

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$ 93955.58 (+0.45%)
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Изменеия 24h: 0.66 %, 7d: -0.02 %
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btc high hashrate bitcoin fails prop prices

Источник: ambcrypto.com

btc high → Результатов: 126


How to Monitor Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin SV (BSV) Transaction Fees in 2019

High transaction fees across traditional markets have hampered the system’s growth in some quarters as users find the costs unattainable and extremely unprofitable. The rise of blockchains in the past decade, however, gives users the freedom to spend their currencies at the lowest possible fees as the system relies on peer to peer transactions without […]

2019-4-3 19:03


Bitcoin for Altcoin: Top cryptocurrencies ride high on King Coin’s coat-tails

Bitcoin [BTC], the undoubted king of the cryptocurrency market, reinstated its dominance by anchoring a massive $20 billion rise in the collective market. After many analysts pegged altcoin to anchor a crypto bull-run, Bitcoin took the bull by the horns and lifted the market to an unprecedented four-month high, with significant gains unseen since the […] The post Bitcoin for Altcoin: Top cryptocurrencies ride high on King Coin’s coat-tails appeared first on AMBCrypto.

2019-4-3 04:30


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Bitcoin Price Skyrockets to $5,000: End of Bear Market in Sight?

Bitcoin just blasted off to $5,100 with an impressive 17 percent gain. Will the largest digital asset continue to leg up or surprise the world with the dreaded full retrace?  Bitcoin Price: Market Overview At last, Bitcoin (BTC) broke the malaise with gusto as it blasted far above the $4,200 resistance and reached a new yearly high at $4,800, at the time of writing.

2019-4-2 09:30


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.

2019-3-29 02:21


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Crypto Debit Card Providers Are an Endangered Species

It’s hard finding a reliable way to spend your cryptocurrency. When BTC’s fees went sky high in 2017, many merchants were sent scurrying from the crypto arena and have yet to return. With the Lightning Network permanently six months away, and few established crypto payment gateways, crypto debit cards have become a popular means of […] The post Crypto Debit Card Providers Are an Endangered Species appeared first on Bitcoin News.

2019-3-27 13:25


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume.

2019-3-19 01:17


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Litecoin Price Analysis: Hitting Major Resistance

The Litecoin (LTC) price continues to surge following an impressive run over the past month — but is it ripe for a pullback? Let’s take a look. Fibonacci Retracement If we take a look at the Fibonacci retracement tool and draw a simple line from the all-time high to its most recent bottom, we can see that the price of Litecoin (LTC) against Bitcoin (BTC) has largely respected each channel while stair-stepping upwards.

2019-3-16 10:30


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half.

2019-3-13 22:26


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