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Living on Bitcoin for a Week in San Francisco

When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary. дальше »

2019-2-5 23:06


Bitcoin (BTC), Ethereum (ETH), XRP (Ripple) and BCH Top Coin Price Watch (January 21)

Bitcoin BTC/USD Price Analysis From yesterday’s high at $3789.2 the price of Bitcoin has fallen by 5.4% as its currently being traded at $3585. The price of Bitcoin reached $3839 at its highest point over the weekend but as that move to the upside was corrective in nature another downfall as a trend continuation occurred. […] дальше »

2019-1-21 21:08


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Crypto Exchanges Can Be Banned By Chilean Banks, Court Order Says

Chile’s Supreme Court has recently ordered crypto exchange OrionX to close all of its active local bank accounts. This decision comes in wake of another order passed by Chile’s High Court that “guaranteed protection” to Orionx and forced local state-owned bank Banco del Estado to allow the firm to operate freely within the nation. “These […] дальше »

2018-12-10 03:16


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45


Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run. дальше »

2018-11-28 01:55


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31


Bitcoin Price Analysis: BTC is Getting Ready for Another Huge Price Hike

Resistance levels: $6,960, $7,363, $8,075, Support levels: $6,678, $6,354, $4,800 BTC/USD Medium-term Trend: Ranging BTC/USD is ranging in its medium-term outlook. The coin experienced a sporadic increase on October 15, when the bulls came into the market with high momentum and the pair broke the resistance levels of $6,960, $7,363 and headed up to $8,075 […] The post Bitcoin Price Analysis: BTC is Getting Ready for Another Huge Price Hike appeared first on ZyCrypto. дальше »

2018-10-18 11:43


Google mocks miners, says cryptocurrency ‘isn’t real money’

As if it hadn’t already given cryptocurrency enthusiasts enough reasons to hate it, Google has now taken a dig at the usefulness of cryptocurrencies. In a recent advertisement for its call screening service, the search engine giant mocked cryptocurrency’s high electricity consumption – and then went on to say that “it is not real money. дальше »

2018-10-10 16:19