Peter Brandt Says Bitcoin Is "Useless Without an Exorbitant Use of Energy"

2022-7-22 18:49

Bitcoin has seen harsh criticism from climate activists and environmentalists

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bitcoin harsh criticism seen climate environmentalists activists

bitcoin harsh → Результатов: 107


Bitcoin Faces Harsh Rejection as Analysts Eye Potential Consolidation Phase

Bitcoin faced an incredibly harsh rejection earlier this morning that caused its price to plummet This came about directly following another test of the cryptocurrency’s all-time high, which was broken and tested on multiple occasions over the past day The resistance here is still significant and should not be overlooked Whether or not this level can be flipped into support anytime soon will offer serious insights into the entire market’s near-term outlook One trader is […]

2020-12-2 21:00


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Here’s How the U.S. Dollar’s Macro Bearishness Could Send Bitcoin Flying

Bitcoin is currently consolidating following its sharp decline seen yesterday The cryptocurrency is lacking momentum as its bulls and bears both seem to reach an impasse, which has struck a blow to its technical outlook One of the main reasons why BTC saw such a harsh rejection at $13,800 was due to a sudden surge in the US Dollar’s value seen yesterday This sent shockwaves throughout the market and stopped BTC from breaking the resistance […]

2020-10-30 21:00


Here’s the Crucial Level Bitcoin Needs to Close Above to Kick Off Its Uptrend

Bitcoin’s price action has not been encouraging for bulls as of late Following a short-lived bout of trading above $11,000, the cryptocurrency ultimately faced a harsh rejection at $11,200 The decline from these highs has been intense, leading the cryptocurrency to slide down to lows of $10,400 that were revisited this morning BTC now appears to be caught within a trading range with a lower boundary at $10,400 and an upper boundary around $10,600 Traders […]

2020-9-24 02:00


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Demand for Ethereum Boosts Market Structure; Will This Propel ETH Higher?

Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does […]

2020-9-18 23:00


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Here’s Why Bitcoin May Face a Harsh Correction Before It Can Rally Higher

Bitcoin is in the process of stabilizing following the swift rebound it incurred overnight This allowed the benchmark crypto to climb from lows of $11,150 to highs of $11,500, around which price it is now hovering around Analysts are noting, however, that there is a path forward for the cryptocurrency to see a much stronger correction than the one seen yesterday One trader is watching for a rejection at $11,700, as he notes that this […]

2020-8-29 02:00


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Analyst: Bitcoin Likely to Tap $10,000 Unless Bulls Spark Strong Movement

Bitcoin has been oscillating between the lower and mid-$11,000 region throughout the past few days This rocky price action comes close on the heels of the harsh rejection at $12,000 that it posted this past weekend The cryptocurrency will likely continue struggling to garner any momentum as long as hovers below the upper-$11,000 region, which is where it faces some resistance Analysts do believe that some near-term downside could be imminent in the days and […]

2020-8-13 21:00


Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History

Bitcoin has been seeing some incredibly bullish price action throughout the past several days and weeks The cryptocurrency is now consolidating at just below $12,000 as its buyers attempt to catalyze another leg higher Despite facing resistance at this level, the crypto has yet to see any type of harsh breakdown here One recent technical development is creating a new source of bullishness amongst traders The cryptocurrency just broke out of a multi-year bull pennant, […]

2020-8-7 02:00


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Bitcoin Sees Major Weakness as “Nasty” Technical Pattern Emerges

Bitcoin faced a harsh rejection at $9,800 yesterday that has since caused it to form a strong short-term downtrend. This has led it back to the lower-region of its long-held trading range BTC does appear to be technically weak at the moment, as buyers are struggling to guard against the heavy selling pressure that was incurred at this level One “nasty” technical pattern could now be flashing If history repeats itself, this pattern could result […]

2020-6-25 21:00


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Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350

Analysts believe that the uptrend Bitcoin saw yesterday may soon come to a harsh end following the cryptocurrency’s swift rejection within the upper-$9,000 region This marked yet another rejection at this heavy resistance level, and also points to some underlying weakness amongst the crypto’s buyers A low-time-frame ascending trendline was also broken by this movement, leading analysts to note that the recent rally will soon come to a swift end as BTC hovers above its […]

2020-5-29 21:00


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Bitcoin Could Push to Fresh Yearly Highs if Buyers Defend One Key Level

Following an extended period of consolidation within the upper-$8,000 region, Bitcoin has finally garnered enough momentum to surmount its resistance at $9,200 This movement has opened the gates for significantly further upside, as it took out a major liquidity region and has yet to face any type of harsh rejection One analyst is explaining that a continued defense of $9,200 is all that BTC now needs to make a bid at the $10,000 region Bitcoin’s […]

2020-5-7 21:00


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XRP Just Faced a Harsh Rejection at a Key Trendline; Trouble Ahead?

The aggregated crypto market has incurred some intense upwards momentum today, allowing major altcoins like XRP to post notable gains This latest upswing comes shortly after the cryptocurrency incurred a rally independent of the market yesterday It is important to note that XRP has faced a notable rejection against its Bitcoin trading pair, forcing it to remain beneath a key trendline Although XRP has been fully exposed to the downside seen by the aggregated crypto […]

2020-4-30 23:00


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Ethereum Forms Grim “Triple Top” Formation as 92% of Traders Go Long

Ethereum has pushed higher despite Bitcoin’s stability, leading bulls to retest its key near-term resistance The cryptocurrency is on the cusp of forming a highly bearish technical formation that could be confirmed if it posts another harsh rejection at its current price level This comes as 92% of traders on Bitfinex go long on ETH, signaling that a long squeeze may be imminent Although Bitcoin has continued extending its bout of rangebound trading within the […]

2020-4-29 23:00


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Bitcoin Could Soon Break its 200-Day MA, Triggering Next Uptrend

Bitcoin has been able to once again push into the upper-$7,000 region after facing multiple rejections here throughout the past few days The cryptocurrency is pushing up against its 200-day moving average – a key trend-determining level A break above this 200-day MA could spark a major upside movement, with some analysts thinking this is imminent After facing multiple harsh rejections within the upper-$7,000 region throughout the past couple of days, Bitcoin has been able […]

2020-4-28 21:00


Billionaire Chamath Palihapitiya says Bitcoin Is The ‘best hedge against the traditional financial system’

The entire world is currently facing economic uncertainties following the ongoing trade wars, the most prominent one being between the United States and China. Investors are therefore seeking alternative assets to gold and the US bonds and bitcoin is gaining traction due to its capacity to maintain a fierce rally amid the harsh economic times.

2019-7-10 12:01


Tone Vays Calls Out India’s Unlawful Consideration For Harsh Bitcoin Regulations

Tone Vays Calls Out India’s Consideration For Harsh Bitcoin Laws Despite Tone Vays using legitimate news sources to back up his claims, several social media users are still calling “fake news” on his latest Tweet: “India Considering 10 Years in Prison for doing anything related to #Bitcoin – And NOW it Begins… If a western […]

2019-6-7 22:47


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Harsh Crypto Regulations Force Another Indian Exchange out of Business

Indian crypto market faces another strong blow as Coinome exchange announced that it will be shutting down business from May 15, Quartz reported May 10, 2019. Third Major Crypto Business to Fall to Unfavorable Regulations The recent bill introduced by the Indian government that proposes a blanket ban on cryptocurrencies has had a far-reaching effectRead MoreRead More.

2019-5-11 01:00