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Is Bitcoin Still Over Valued Despite a 50% Correction?

Bitcoin has turned bearish again this week following an 18% climb the previous week. Market sentiment is generally negative and analysts are eyeing further losses and a return to the $6k level. Is BTC still that overvalued? According to Metcalfe’s Laws BTC is Overvalued Bitcoin took another turn south during early Asian trading today when it fell almost 3% in just over an hour. дальше »

2019-12-4 12:00


Markets Back Under Pressure as Bitcoin Gets Rejected From Key Trendline

The cryptocurrency market came back under downside pressure on Monday as Bitcoin and other major cryptocurrencies gave back a significant portion of their late-November trading gains. Bitcoin is trading below the $7,300 level, following a major technical rejection from trendline resistance on the daily time frame, located around the $7,865 level. дальше »

2019-12-3 17:11


Russian Central Bank Will Support Legislation To Ban Cryptocurrencies Due To Risk

The Bank of Russia, known as the central bank of the country, has recently offered its opinion on banning cryptocurrencies. According to it, a crypto ban is not out of question right now. If the legislative level of the government decided to ban cryptos, the bank would fully support the decision. At the moment, the […] дальше »

2019-11-30 22:30


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India: Minister Says Government Working on National Level Blockchain Framework

According to a report by The Economic Times published on November 27, 2019, the Indian Minister of State for Electronics and Information Technology (MeitY) – Sanjay Dhotre – has stressed the importance of blockchain technology in streamlining operations in various domains such as governance, banking and finance, and cybersecurity. дальше »

2019-11-28 12:00


Bitcoin CME Futures Expiration this Friday, Past Data Gives a Positive Picture

Bitcoin is doing exactly what it does before the Bitcoin futures contracts on the Chicago Mercantile Exchange expire, it’s falling. After staying above $7,000 level in the second half of Monday and throughout Tuesday, today we are back in the red, going as low as $6,847 on Bitstamp. At the time of writing, BTC/USD has […] дальше »

2019-11-27 21:40


PlanB: Bitcoin Price Below S2F Model Value Is A ‘Rare’ Opportunity For BTC To $10,000 By EOY

Before breaking the record losing streak of 2014, that has BTC crashing to $6,515 level, Bitcoin went back above $7,000 and is still maintaining around that level. Since last week, Bitcoin price has lost 15% of its value, sinking to the lowest level in six months on concerns of a crackdown on crypto trading by […] дальше »

2019-11-26 20:06


Is the Worst of the Bitcoin Pullback Over? It all Depends on the Next Four Days

After the brutal last week that extended to the first half of Monday, Bitcoin price is now staying above $7,000 level. Meanwhile, Bitcoin liquidity, the degree to which an asset can be quickly bought or sold in the market at a price, has evaporated from the market which Gabor Gurbacs, digital asset director at VanEck […] дальше »

2019-11-26 19:32


Zcash Price Analysis: Bullish Opportunity

Zcash has a bearish short-term and medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern has been invalidated The daily time frame shows the presence of bullish MACD divergence Zcash has slipped to its lowest trading level since March 2019, following the recent decline in the broader cryptocurrency […] The post Zcash Price Analysis: Bullish Opportunity appeared first on Crypto Briefing. дальше »

2019-11-27 19:01


Bitcoin Could Have Bottomed After The Recent Price Decline

Earlier today, Bitcoin (BTC) fell to $6,600, a price level that nobody was expecting just a few weeks and months ago when the only topic discussed was the upcoming halving. However, after reaching that value, Bitcoin surged around 10% and remains traded close to $7,150 in some exchanges. This situation experienced by Bitcoin has also […] дальше »

2019-11-26 16:41