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“Simple Geometry” Shows Bitcoin is Bound to Drop Despite Healthy Consolidation

Bitcoin has stabilized above $7,500 following yesterday’s upswing Analysts are now noting that a confluence of factors suggest BTC will decline slightly before finding enough support to catalyze continuance of this uptrend This comes after a period that some traders have described as “healthy consolidation” Bitcoin has been able to maintain all of its recent gains overnight, as the benchmark cryptocurrency has begun stabilizing above the $7,500 region even in spite of the strength of […] дальше »

2020-4-26 21:00


Bitcoin Dominance Could Soar to 90% amid Economic Crisis, Crashing Altcoin Market

More and more traders would dump their altcoin investments to seek shelter in bitcoin amidst a deepening financial crisis, according to Qiao Wang, head of product at Messari. The New York-based angel investor said Wednesday that he expects bitcoin’s dominance to rise above 90 percent by the end of the ongoing economic slowdown. The term... дальше »

2020-3-26 15:22


1.17M Bitcoin Addresses Will Be in the Red if BTC Breaks This Level

Recent data by IntoTheBlock shows a crash to $9,000 could potentially send 1. 17 million Bitcoin (BTC) addresses below the profit line.    Still A Lot of Bitcoin Traders Trapped Above $10K Based on data collected by blockchain analysts, the latest bitcoin flash crash toward $9,600 support levels has meant that even more wallet addresses containing BTC are now ‘out of the money’. дальше »

2020-2-20 22:00


What Could XRP Price Be if Courts Decide it’s a Commodity?

XRP, Ripple’s native utility token, has been stuck under $0.25 for a number of months now, as traders wait for bullish news to arrive. But what would happen to XRP price if the US court recognized the asset as a commodity and put an end to the ongoing lawsuit?  Wild Predictions Call XRP to Break Above $500 XRP has fought for acceptance and is viewed as a wildcard in the world of crypto, possibly bouncingRead More The post appeared first on Bitcoinist.com. дальше »

2020-1-20 18:00


Bitcoin Just Rejected $8,900 in a Short-Term Top Structure: Traders Fear Bear Trend Isn’t Over

The bitcoin price rose to as high as $8,916 across major cryptocurrency exchanges like BitMEX and Binance on January 15. Since then, BTC fell by three percent in a typical short-term top formation. Lower time frames indicate a double top structure, which normally suggests that the asset tried to break above a key resistance level... The post appeared first on NewsBTC. дальше »

2020-1-16 13:28