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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


Altcoins Plunge as Bitcoin and Crypto Markets Drop Below Recently Established Support Levels

Over the past couple of weeks, the crypto markets have experienced a persisting bout of sideways trading that didn’t allow for any major price action in the altcoin markets. Today, however, the typical crypto volatility returned in full force, sending most major altcoins and Bitcoin down significantly over the past 24-hour trading period. дальше »

2019-1-29 00:00


Bitcoin: BTC Stabilizes After Sinking Below $3,500, Analysts Claim it is Likely to Drop Further

Following a long period of sideways trading, Bitcoin (BTC) has now broken down below its previously established support level around $3,500. Today’s drop appears to have allowed BTC to establish support in the $3,400 region, but further volatility could easily push it down towards $3,000, where the cryptocurrency has significant buying pressure. дальше »

2019-1-29 23:00


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Biggest Bank in Belarus May Launch a Cryptocurrency Exchange

The biggest bank in Belarus is reportedly looking into launching a cryptocurrency exchange platform.   Belarusbank Studying Crypto Exchange Business The Chairman of the Board at Belarusbank, the country’s largest bank, has said that they are studying the opportunity of creating a cryptocurrency exchange platform. дальше »

2019-1-28 17:00


Market Watch: Bears tighten Grip as BTC drops to $3400, Altcoins shed more than 15% in loss

At this rate, it would be accurate to say that the current patterns in terms of price movement in the cryptocurrency market have left traders and investors in a state of chaos. As trading volume continues to fluctuate, trading prices simultaneously take a path of declination and leave market capitalization struggling to stay afloat. дальше »

2019-1-28 12:56


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JPMorgan & Chase: Only Low-Cost Chinese Bitcoin Miners in Profitable Positions

Analysts at JPMorgan Chase & Co. are claiming that Bitcoin is no longer worth the cost to mine it — and only low-cost Chinese miners are in a winning position.   The analysts at the American multinational investment bank and financial services company found that the production-weighted cost per bitcoin averaged just above $4,000 worldwide in Q4 2018. дальше »

2019-1-28 06:00


Investors No More Interested in Bitcoin, VanEck CEO says, Gold is the Choice Yet Again

Bitcoin’s crash has turned the investors from the leading cryptocurrency to gold according to Jan Van Eck, CEO of Van Eck Associates. Currently, Bitcoin is trading around $3,500 after losing more than 80 percent of its value since hitting its all-time high at $20,000 in December 2017. We reported in our previous article that popular […] дальше »

2019-1-28 23:34


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Bitcoin (BTC) Could Be Gearing up For a Big Move as Sideways Trading Persists

Over the past several days Bitcoin (BTC) has seen an extended period of sideways trading within an extremely tight trading range between approximately $3,550 and $3,650. Although this lack of volatility may be welcomed by investors who are tired of the cryptocurrency’s frequent price movements, historically involatile price action leads to a massive price movement. дальше »

2019-1-27 22:30