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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45


Cryptocurrency Analyst Thinks Bitcoin Depends on People Believing in its Future to Succeed

Bitcoin (BTC) is the largest and most valuable virtual currency in the market. Although 2018 was not a perfect year for BTC, it remains the most important coin in the space. According to Elizabeth Schulze, CNBC technology correspondent said that Bitcoin’s future depends on people believing in the famous cryptocurrency. During the last weeks, Bitcoin […] дальше »

2018-11-29 22:11


Ripple’s Coin XRP Remains Most Stable Amidst Brutal Bear Market as Binance Shares Base Pair Notion

The cryptocurrency sector is currently facing a brutal bearish attack –possibly the fiercest it’s seen in years. As a result, the big dogs like Bitcoin (BTC), Ethereum (ETH), Monero (XMR), Stellar Lumens(XLM), and Tron (TRX) have lost over 10 percent of their value in the last week. In fact, Bitcoin (BTC) has had a seen […] дальше »

2018-11-21 18:29


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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »

2018-11-20 02:27


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Bitcoin Remains Firm Around $6,500 Mark for Fourth Consecutive Week: BTCManager’s Week in Review

The price of bitcoin remained stable around the $6,500 mark through the week to close effectively unchanged versus last week’s close. This marks the fourth consecutive week that bitcoin has found a footing around the $6,500 level, which has prompted several bitcoin community members to refer to bitcoin as the “new stablecoin. дальше »

2018-10-10 11:00


Bitfinex Slams Insolvency Allegations, Reveals Part of Bitcoin (BTC), Ether (ETH), and EOS Holdings

Cryptocurrency exchange Bitfinex addressed allegations and controversies propagated against its platform in recent times via a detailed Medium post on Oct. 7, 2018. Bitfinex Fights Allegations The Hong Kong-based company remains one of the world’s oldest running cryptocurrency exchanges and has maintained a strong reputation for security save a ghastly event in 2016 which saw […] The post Bitfinex Slams Insolvency Allegations, Reveals Part of Bitcoin (BTC), Ether (ETH), and EOS Holdings appeared first on CryptoSlate. дальше »

2018-10-9 16:00


Chinese Bitcoin (BTC) Miner Nabs Electricity, Authorities Crack Down

Man Steals $15,000 Of Electricity For Bitcoin (BTC) Mining Despite the stringent rules placed on China’s crypto scene, the Bitcoin and altcoin mining business remains as hot as ever. So hot, in fact, that a Chinese man, named Xu Xinghu, thought it would be a good idea to steal electricity from the nation’s train network […] The post Chinese Bitcoin (BTC) Miner Nabs Electricity, Authorities Crack Down appeared first on Ethereum World News. дальше »

2018-10-8 23:00


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Tim Draper: ‘I Didn’t Anticipate’ Harsh Gov’t Response To Cryptocurrency

Billionaire entrepreneur and cryptocurrency advocate Tim Draper has stuck by his Bitcoin price forecast of $250,000 by 2022 while voicing concerns over hard-handed regulation worldwide. $250,000 Bitcoin Prediction Remains In an interview with Forbes September 25 together with son Adam, Draper, who has remained well known after buying 40,000 BTC in 2014 and becoming the major force behind Tezos, originally made his sky-high price prediction in April. дальше »

2018-9-27 21:30