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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward
Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »
2019-2-15 00:21 | |
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Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and BCH Coin Price Watch (Feb 6th)
Bitcoin BTC/USD Price Analysis From today’s open at $3513 the price of Bitcoin has fallen by 2% and is currently at $3442. Looking at the hourly chart you can see that the price of Bitcoin feel immediately after the open as it attempted to go above the 0.618 Fibonacci level and failed at the attempt […] дальше »
2019-2-6 22:06 | |
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Bitcoin Price Watch: BTC Won’t Go Quietly, Risk of Bounce Grows
Bitcoin price failed near the $3,478-$3,480 resistance zone and declined recently against the US Dollar. There is a major declining channel in place with resistance at $3,410 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-2-1 09:45 | |
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Bitcoin (BTC) Price Analysis: Potential Reversal Formation?
Bitcoin might be done with its slide as it failed in its recent attempt to break below the $3,550 lows. This could lead to the formation of a double bottom on its 1-hour time frame. Price has a lot of room to climb before testing the neckline, more so breaking above it. дальше »
2019-1-23 06:34 | |
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XRP Price Analysis - Technical indicators are bearish
Technicals on the XRP/USD pair are strongly bearish after a failed bullish reversal attempt throughout November. The Litmus tests for trend reversal include price position relative to both the 200EMA and the Cloud on the daily timeframe. дальше »
2019-1-19 14:01 | |
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‘I Come to Bury Bitcoin.’: UBS Executive Says Cryptos Will Never Be Currency
Bitcoin has failed in its attempt to be a currency and stands no chance of succeeding in this role in the future. It’s fatally flawed. This is according to Paul Donovan, the chief global economist at the Swiss investment bank, UBS. дальше »
2018-12-1 23:43 | |
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Judge Refutes SEC’s Claim on Blockvest ICO Token Being a Security, Will Go to Trial
The crypto world received a surprising win from the U.S. justice system today. Earlier this week, a California judge slapped down an SEC attempt to classify an ICO token as a security. U.S. District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Securities and Exchange Commission (SEC) has failed to […] дальше »
2018-11-29 00:17 | |
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Ripple Files to Move Securities Lawsuit from State to Federal Court
Ripple’s legal team in their ongoing securities suit is attempting a new tack: to have the claim proceed at the federal level. In a move that legal commentator Jake Chervinsky described as “seriously crafty,” Ripple has filed a formal notice-of-removal motion to have their most recent securities suit, Zakinov et al v. дальше »
2018-11-14 00:41 | |
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Investor Lawsuit Brought Against AT&T, T-Mobile for SIM Swapping Hacks
Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping. дальше »
2018-11-10 01:35 | |
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Tether Confirms That It Is Banking With Bahamas-Based Deltec
Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited. дальше »
2018-11-2 00:27 | |
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Ethereum (ETH) Price Analysis: Bouncing Back To The North Soon
Supply levels: $202, $205, $207 Demand levels: $194, $191, $188 ETH/USD Medium-term Trend: Bearish ETH/USD continues its bearish trend on the medium-term. The coin moved to the south with full momentum yesterday. дальше »
2018-10-30 17:18 | |
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Bitcoin Cash Price Analysis: BCH/USD’s Failed Upside Attempt Near $530
Key Points Bitcoin cash price failed to break the $530 resistance and declined against the US Dollar. Yesterday’s highlighted ascending channel was breached with support at $521 on the hourly chart of the BCH/USD pair (data feed from Kraken). дальше »
2018-10-10 07:28 | |
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Bitcoin Price Analysis: Welcome to ‘Bitcoin Purgatory’
Bitcoin seemed on the verge of a breakout above $6,650 but a failed third attempt, followed by a lack of buying interest has given bears an opportunity to snatch back control and it looks like BTC has dropped a shelf for a bit of sideways trading in the $6,200 – $6,400 range. дальше »
2018-8-19 12:00 | |
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Bitcoin Price Watch: What Does BTC/USD’s Failure Near $6,600 Indicate?
Key Points Bitcoin price jumped above the $6,400 and $6,550 resistance levels, but failed to hold gains against the US Dollar. There is a major bullish trend line in place with support at $6,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2018-8-16 11:48 | |
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Bitcoin Cash Price Analysis: BCH/USD’s Failed Upside Attempt
Key Points Bitcoin cash price moved a few points above $700, but it failed to gain momentum against the US Dollar. This week’s highlighted important bearish trend line was broken with resistance at $708 on the hourly chart of the BCH/USD pair (data feed from Kraken). дальше »
2018-6-28 07:08 | |
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Reserve Bank Of India Ruling Could Mean Zebpay Customers Can No Longer Withdraw Their Rupees
The saga surrounding The Reserve Bank of India (RBI) and their attempt at banning cryptocurrencies continues. We have recently seen confirmation from the RBI that they failed to do any prior research before making a move to ban cryptocurrencies, and of course a team of legal officials are working on determining how much say the RBI have in this matter, but regardless, the RBI deadline of the 5th of July now nears. дальше »
2018-6-25 13:00 | |
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Bitcoin Price Analysis: Is It Over?
Is contagion from India’s Zebpay flash crash to $5,700 responsible for the pullback in bitcoin price or something else in the works? Market Overview Up till yesterday, BTC traded within a narrowing triangle, leaving investors guessing which side the cryptocurrency would choose but as a third attempt to surpass $6,800 failed, BTC briefly reversed back below the $6,700 support and $6,600 protected against further decline. дальше »
2018-6-23 18:00 | |
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