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Another March-Like Deep Crash in Bitcoin Price ‘Unlikely’ with Selling Pressure Declining

Since hitting a new 2020 high, last seen 13-months back in early July 2019, Bitcoin is back to ranging, currently around $11,700 in line with declining volume. Bitcoin’s failure to sustain above $12,000 level and the latest round of losses has the market worrying about a repeat of the March sell-off that saw the largest […] дальше »

2020-8-20 16:05


Bitcoin is “Fragile” as It Trades Below Multiple Crucial Levels

Bitcoin witnessed an intense influx of selling pressure yesterday that caused its price to reel down towards lows of $11,600 Although it was able to find strong support at these lows, this recent selloff forced it back below the $12,000 region This is a grim sign for its mid-term outlook, as it points to underlying weakness amongst the cryptocurrency’s bulls Analysts are now noting that it does appear to be in a “fragile” position This […] дальше »

2020-8-19 21:00


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Forum Topics on First HashCon 2020 & New Infrastructure Mining Summit in China’s Chengdu Revealed

Bitcoin finally broke the resistance zone of $12,000, ETH transaction fees are also skyrocketing with the price of moving tokens around on the Ethereum blockchain continuing to balloon, China’s Sichuan has encouraged blockchain companies to help consume excessive hydroelectricity in the rainy season, Filecoin mining is in full swing now…… The excitement of making aRead MoreRead More. дальше »

2020-8-19 20:21