Bitcoin (BTC) in Big Trouble, Shows US Dollar Index

Bitcoin could be facing trouble in foreseeable future as dollar starts moving upward

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Is Bitcoin's failure to recover above $60,000 a sign of trouble

Thanks to Bitcoin's invalidation at $60,000, a few investors have been sweating in their seats. Its correction down to $55,600 was expected to be met with immediate recovery. However, over the last 24The post Is Bitcoin's failure to recover above $60,000 a sign of trouble appeared first on AMBCrypto.

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Anything You Hold Outside of Bitcoin Is in Trouble as Fed's Balance Sheet May Hit $10 Trl: Max Keiser

Bitcoin maximalist Max Keiser published a worried tweet about another expansion of Fed's balance sheet, saying that any assets except Bitcoin and gold are in trouble now

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Data analyst: Bitcoin funding rates could spell trouble for near-term outlook

It has been a turbulent week for Bitcoin.

The post Data analyst: Bitcoin funding rates could spell trouble for near-term outlook appeared first on CryptoSlate.

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Top Cryptocurrencies Face Trouble as PlusToken Dumps on the Market

Roughly $460 million in Bitcoin, Ethereum, XRP, and EOS have been transferred to different addresses over the past week by the multi-billion dollar PlusToken Ponzi.  PlusToken Ponzi Prepares to Dump...

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Trump Reportedly Wanted To Kill Bitcoin. Here’s How It Played Out

It’s a fact that Bitcoin has had its share of trouble, facing resistance from various quarters of the economic sector and legal authorities, but no one would really expect the US President himself to be vibrantly opposed to the world’s dominant cryptocurrency.

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‘Be Your Own Bank’ and the ‘Luxury of Apathy’

The powerful idea and meme at the core of Bitcoin self-sovereignty is incredibly empowering but has an unspoken element that requires persistent competence and at least for some makes it more trouble than it's worth.

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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next

Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […]

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Here’s Why Bitcoin’s V-Shaped Recovery from $3,800 Spells Trouble for What’s Next

Bitcoin has now entered a consolidation phase within the mid-$9,000 region following the meltdown seen yesterday This has made it increasingly unclear as to which direction the benchmark cryptocurrency will trend over a mid-term time frame One analyst is calling into question the long-term strength of BTC’s multi-month uptrend due to the “V-shaped” recovery it posted in mid-March when it dipped to lows of $3,800 He eludes to the possibility that this provided the crypto […]

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Cardano (ADA) Recovers After Market-Wide Crash, But Crucial Metrics Spell Trouble

The last few days have been quite dramatic in the cryptocurrency industry, for Bitcoin to Cardano. On Monday, Bitcoin sliced through the $10,000 resistance level for the first time since the beginning of the year.

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These Warning Signs Flashed Prior to Bitcoin’s Capitulatory Decline to $9,000

Bitcoin’s explosive rally past $10,000 yesterday afternoon liquidated tens of millions in short positions The decline from this level seen this morning also led to mass liquidations amongst traders It is imperative to note that virtually all previous breaks above this level have been met with heavy selling pressure that results in capitulatory downtrends One factor that could spell trouble for Bitcoin is the fact that funding rocketed following the recent rally Bitcoin saw a […]

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Will Institutional Investors Abandon Bitcoin After Goldman's Snub? Peter Schiff Thinks So

Bitcoin's institutional adoption in trouble due to Goldman Sachs' betrayal, according to Peter Schiff

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On-chain metrics spell trouble as Bitcoin dips below $9,000

The past 24 hours have been characterized by fear, uncertainty, and doubt in the cryptocurrency market. The post On-chain metrics spell trouble as Bitcoin dips below $9,000 appeared first on CryptoSlate.

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Ethereum Bulls in Serious Trouble as Fractal Forecasts Lower Lows

Ethereum saw a massive rejection from its overnight highs that led it to reel lower today, erasing part of the gains that were incurred during yesterday’s uptrend This has caused the crypto to flash signs of technical weakness, especially while looking towards its Bitcoin trading pair One analyst is also pointing to an extremely bearish XRP fractal pattern that ETH has been closely tracking as a potential reason why lower lows are imminent Ethereum incurred […]

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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 […]

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Does Bitcoin's correlation with crude oil hint at more trouble in the days to come?

Crude oil recorded a historic drop by 99% on April 20. This sudden fall has added to the difficulties caused by the COVID-19 crisis especially in countries where fuel accounts for more than 90% of totThe post Does Bitcoin's correlation with crude oil hint at more trouble in the days to come? appeared first on AMBCrypto.

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Bitcoin (BTC) Holders About to Learn Expensive Lesson: Peter Schiff

Gold advocate Peter Schiff criticized Bitcoin holders, saying their knowledge of how money works is poor. He is predicting big trouble for them ahead

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If Bitcoin (BTC) Cannot Rally Now, Crypto Is in Big Trouble: Peter Brandt

Trading guru Peter Brandt is convinced that the coronavirus-driven crisis is the do-or-die moment for Bitcoin (BTC) and the broader cryptocurrency industry

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Trading veteran says Bitcoin could be in “big trouble” if it doesn’t rally

Prominent analysts believe that Bitcoin’s fate will depend on how it performs during the ongoing financial crisis, but on-chain metrics reveal that there is significant resistance ahead. Bitcoin is on the verge of failure Many are wondering what is going to happen to Bitcoin now that President Donald Trump signed into law a historic $2 […] The post Trading veteran says Bitcoin could be in “big trouble” if it doesn’t rally appeared first on CryptoSlate.

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Will Bitcoin’s True Value Proposition Shine During End of Times Scenario?

Bitcoin is in big trouble after a historic selloff, and the world may be facing its gravest situation yet in the face of a global pandemic and recession. With Bitcoin designed to withstand a recession and having certain attributes that make it immune to the current challenges, the world is facing, will the first-ever cryptocurrency’s...

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Cryptocurrency users failing to file AML forms may face trouble this tax season

With cryptocurrencies like Bitcoin gaining in adoption and mainstream recognition, the IRS has added measures to ensure that crypto traders pay their fair share of taxes this tax season. With over a mThe post Cryptocurrency users failing to file AML forms may face trouble this tax season appeared first on AMBCrypto.

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This Highly Bearish Volume Trend Spells Trouble for Bitcoin

Following the incredibly bearish selloff witnessed by Bitcoin and the aggregated crypto market yesterday, buyers have stepped up and supported the markets, allowing BTC and most other altcoins to put some distance between their recent lows.

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Lebanese People Turn To Bitcoin As Faith In Local Banks Erodes

Just a few centuries ago, governments bowed to the people’s pressure to separate religion from the state. However, there are still areas of importance that still trouble people because governments are still involved.

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Galaxy Digital Lays Off 15% Of Its Staff, Crypto Firm In Trouble Or Business As Usual?

Mike Novogratz’ Galaxy Digital announced a workforce cut of 13 employees in the coming days, as the company faces challenges on its profits table. The news comes at a time the cryptocurrency market is booming with Bitcoin (BTC) having breached the psychological resistance at $10,000 USD.

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Is Bakkt’s lack of Bitcoin options trading volume a sign of trouble for the crypto markets?

The launch of Bakkt – the physically settled Bitcoin futures trading platform – was long viewed as a bullish fundamental catalyst that would help usher in the next era of institutional adoption into the nascent crypto markets.

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Crypto News Roundup for Jan. 27, 2020

Today's daily podcast features trouble at TRON and an attack on Bitcoin Gold. It's CoinDesk's Crypto News Roundup.

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XRP’s Violent Rejection at Key Resistance Level Spells Trouble for What’s Next

Overnight, Bitcoin faced a firm rejection after attempting to garner significantly further upwards momentum. This instantly led major altcoins like XRP and Ethereum to drop in tandem, shinning a light on some potential underlying weakness within the crypto markets.

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Bitcoin Short Sellers Are in Big Trouble For This Reason, And Strong Rally is to Ensue

The bitcoin price is up by 10 percent in the past four days and after such a big rally, a short-term pullback follows. But, a top trader says it will take a lot for short sellers to hunt for longs in this environment, which could push BTC for an ever bigger rally.

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These poll results may spell serious trouble for Bitcoin in 2020

2020 has been a great year for Bitcoin (BTC) so far, with the cryptocurrency incurring massive momentum that has allowed it to rally from lows of $6,800 to highs of $8,900 before hitting any meaningful resistance.

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Bitcoin Can Help Solve World’s Economic Woes, Printing Money Will Not

No matter how much the world’s leaders try to hide it, the economies of the major nations are in trouble. Extreme measures by central banks are now common practices, but history has taught us that printing more money is not the answer.

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Bitmain’s Fall From Grace Could Spell Trouble For Bitcoin Cash

Crypto mining manufacturer Bitmain is undergoing a difficult time of late, and considering reports that they hold 1 million Bitcoin Cash, should BCH investors be extra vigilant? Bitmain’s Fall From Grace Founded in 2013 by Jihan Wu and Micree Zhan, Bitmain quickly established itself as the dominant force in the crypto mining equipment industry. Up... The post appeared first on NewsBTC.

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Using a VPN May Get Israeli Crypto Traders in Trouble

Do you use a VPN? It’s a privacy-enhancing tool that everyone should be using, especially those with digital assets. Or do you happen to be older than the typical crypto trader? Both of these characteristics are part of a list of so-called ‘red flags’ that can get you in trouble with a new dragnet that […] The post Using a VPN May Get Israeli Crypto Traders in Trouble appeared first on Bitcoin News.

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XRP’s Fundamental Strength May Spell Trouble for What’s to Come in 2020

XRP has been one of the worst performing major cryptocurrencies throughout 2019, as it struggled to gain the upwards momentum seen by Bitcoin in the early half of the year, while underperforming BTC during its downtrend during the second half of the year.

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Options Market is Losing Confidence in Bitcoin; This Could Spell Trouble for 2020

Bitcoin (BTC) has been able to incur some tempered bullishness today after a multi-day period of hovering around its support at $7,200. Today’s slight gains have come about in the face of a strong down trend, however, which could mean that these gains will ultimately prove to be fleeting and followed by further downside.

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This bearish formation spells trouble for XRP; here’s where it may drop to next

It’s been a tough year for XRP, as the cryptocurrency failed to garner any notable momentum throughout the early part of the year while cryptocurrencies like Bitcoin and Ethereum were busy putting a significant amount of distance between their recent late-2018 lows.

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Beware: Hidden Bear Divergence Could Spell Trouble for Bitcoin

Bitcoin’s buyers have been ardently defending the cryptocurrency’s newfound position within the $7,000 region, as it appears that selling pressure has been ramping up in the time following BTC’s surge from lows of $6,400.

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Bitcoin Price Just Dropped to $6,600, Here’s How BTC Can Be In Big Trouble

The downtrend continues for Bitcoin price, as the leading crypto asset by market cap reached $6,600 today, showing that bears remain in complete control over the current state of the crypto market.

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Bitcoin Takes Another Drop to $6,675 But Trouble Doesn’t Start Until This Level

Yesterday, the Bitcoin price dropped below $7,000. Last time we were below this level was on Nov. 27. Now, today, in yet another downward move, Bitcoin price went to $6,674 on Bitstamp. On Bybit, the price dropped to $6,666.

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Investors Are Not Buying Bitcoin at Current Price, is BTC in Trouble?

Bitcoin opened Monday in a slightly-positive territory as investors’ focus shifted towards risk-on markets. The leading cryptocurrency slipped marginally during the early morning trade. It managed to secure a weak bounce as the session matured, establishing an intraday high of $7,131.

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Bitcoin Faces Another Rejection, But Here’s Why the Bull Case Remains Strong

Bitcoin has fallen into a bearish pattern of incurring major upwards movements that are followed by nearly instant rejections, which leaves behind large wicks on BTC’s candle chart and typically spells trouble for which direction it trends in the near-term.

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Does The Price Plunge Prove Bitcoin is Uninfluenced by Macroeconomics?

When the US Federal Reserve started its program of repo agreements to help out banks in trouble, many foretold the beginning of another financial crisis. As more dollars get printed and injected into financial markets, its depreciation increases and further pressure is put on the global economy.

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Bitcoin drops below $8200 as large transaction decrease 97% over past week

Bitcoin has been struggling to remain above the $8,000 support level in a hostile market where almost every signal indicates a bearish sentiment. The decreasing number of profitable holders on the network and a shocking 97 percent drop in large transactions spell trouble for the world’s largest cryptocurrency.

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Goodbye Bitcoin: One More Canada?s Crypto Exchange Bogarts Its Clients? BTC

Following the trouble with QuadrigaCX in early 2019, Vancouver-headquartered Einstein exchange says it cannot return its customers? Bitcoin worth several million USD

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Bitcoin Bull Run Set to Start on Thursday Based On One Prominent Mining Metric

Last week, Bitcoin was having trouble adjusting per PlanB. An analysis was showing that a previous difficulty reduction of 7% can give some signals that a major bull-run is about to start if a significant increase was about to follow.

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Another Chinese Lender Bailed Out After Bank Run

Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that its top management was in trouble […] The post Another Chinese Lender Bailed Out After Bank Run appeared first on Bitcoin News.

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China Banking Run Could be a Blessing For Bitcoin

One of the reasons Bitcoin was envisaged was to provide freedom from the banking system, which is clearly in trouble. Banks literally hold their customers to ransom when services are pulled. This is exactly what is happening now in China as citizens rush to withdraw their savings.

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Ripple Effect From Bitcoin ‘Xi Pump’ Is Strong In China

It seems that the words ‘blockchain’ and ‘breakthrough’ were scarcely out of China’s President Xi’s mouth (albeit in the equivalent Chinese language form) before bitcoin price started to pump.

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Bitcoin Faces Potential Drop to $7,000 as Sellers Grow Aggressive

Bitcoin (BTC) has continued to trade sideways around $8,000 after recovering slightly from its recent drop to the upper-$7,000 region, but its bulls have failed to garner any notable upwards momentum following this slight recovery, which may spell trouble for its near-term price action.

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Binance's CZ Warns Users of Trouble with Crypto Withdrawals, Expects the Issue Fixed Soon

The CZ of Binance tweets that due to a server issue, the exchange is having troubles with withdrawing Bitcoin and all other cryptos but it is to be fixed soon

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