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Bitcoin Shatters Its Correlation to Gold as It Tanks Alongside Equities

Bitcoin’s price has been facing immense sell-side pressure throughout the past couple of days This has mainly resulted from the revelation of multiple bear-favoring news events These events – including the BitMEX imbroglio and President Trump’s health – have led many analysts to expect it to see significantly further downside in the days and weeks ahead They have also caused Bitcoin to break its former correlation with gold and begin, once again, moving in sync […] дальше »

2020-10-3 02:00


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Here are the Key Factors Helping to Drive Bitcoin’s Price Lower

After a short bout of trading above $11,000, Bitcoin has witnessed massive inflows of selling pressure that have slowed its ascent and stopped it from seeing any major upside The cryptocurrency is now at grave risk of seeing further losses, with analysts noting that it may soon visit its key $10,200 support A break below this level could lead to serious losses, with bears potentially moving to fill the CME gap that exists around $9,700 […] дальше »

2020-9-23 21:00


XRP Manages to Hold on to Long-Term Support

The XRP price has broken out from a two-year-long resistance line. If the price manages to hold on to the current support area, it is likely to continue moving upwards. Breakout From Two-Year Resistance At the beginning of July, the XRP price broke out from a resistance line that had previously been in place since […] The post XRP Manages to Hold on to Long-Term Support appeared first on BeInCrypto. дальше »

2020-9-2 18:12