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Bitcoin Falls below $3,600 As Onslaught by Mainstream Media Continues

Bitcoin has once again failed to sustain its price at the crucial $4,000 level, shedding close to 10 percent in just a day to fall below $3,600 level on some key markets. The currency was trading at $3,660 at press time, but on some markets such as the dominant BitMEX, the currency had dropped to […] The post Bitcoin Falls below $3,600 As Onslaught by Mainstream Media Continues appeared first on NullTX. дальше »

2018-12-7 20:47


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Bitcoin Price Analysis: Is It Over?

Is contagion from India’s Zebpay flash crash to $5,700 responsible for the pullback in bitcoin price or something else in the works? Market Overview Up till yesterday, BTC traded within a narrowing triangle, leaving investors guessing which side the cryptocurrency would choose but as a third attempt to surpass $6,800 failed, BTC briefly reversed back below the $6,700 support and $6,600 protected against further decline. дальше »

2018-6-23 18:00


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Bitcoin’s Upside Price Potential Could Stop With New Resistance

Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this, though, the cryptocurrency has struggled to find acceptance above $6,800 in the last 72 hours, as seen in the chart below. A drop below $6,550 would дальше »

2018-6-21 18:27


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Bitcoin is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears.

Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. Further, while a fall to $6,000 following a bear flag breakdown on Friday seemed likely, losses were unexpectedly cut short at $6,300, signaling bearish exhaustion. Yet, the leading cryptocurrency did дальше »

2018-6-18 16:44


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Pessimistic crypto markets see BTC falling below $6,500, ETH below $500

Market visualization from Coin360 Bitcoin (BTC) has taken an over 11 percent negative hit, trading around $6,449 to press time, bringing its monthly losses to almost 25 percent. The leading cryptocurrency has now fallen below what some commentators consider to be an average BTC mining profitability threshold of $6,500. Aside from hardware costs, the local cost дальше »

2018-6-13 21:11


Bitcoin Rebound Not Likely in the Short-Term, Analysts Eye $7,777 to Signal Uptrend

According to experts at Fundstrat, the price drop of Bitcoin to below $7,000, a two-month low, indicates that the coin will have a difficult time recovering in the short-term. Bitcoin Uptrend Coming Robert Sluymer, technical strategist at Fundstrat Global Advisors believes that $7,777 is the key level Bitcoin will have to reach to signal an. дальше »

2018-6-12 01:00