Although slight rises have been noted during the previous week, the market still seems to be acting sluggish, with some minor improvements visible in the market throughout the top 20 coins. While some of the toppers are missing out on…
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Bitcoin Records Another Year-Low, Struggles for Recovery – Technical Analysis
Just last week, Bitcoin has suffered yet another huge decline, generally attributed to the rejection recent SEC rejection of the Bitcoin ETF proposal by the Winklevoss twins and the pushback of the decision for the VanEck and Solid X ETF.…
Bitcoin Price Pulls Back Due to SEC Decision While Altcoins Tumble, Wall Street Crypto King Still Bullish
Bitcoin is currently undergoing massive pull back after recording gains around the $8,400 level last week. This is after the news that the SEC rejected the ETF application by the Winklevoss twins. As of press time, Bitcoin is trading at…
Pantera Capital Gives Bold 67,500 Bitcoin Price Prediction by Close of 2019
Pantera capital, one of the pioneer investment firms to solely focus on crypto and the blockchain sector, just marked their 5 years of operation in an interesting fashion. Amid the pomp and color witnessed at the fifth-anniversary festivities, a Bitcoin…
Bitcoin Extends Rally amid News of Black-rock’s Decision to Explore Crypto-currencies
Bitcoin continued to inch higher on Tuesday marking an improvement from the close of the previous day. This was propelled by news that giant asset management firm Black-rock, had decided to put in place a working group to explore crypto-currencies…
Bitcoin Continues Bullish Rally Due to Pending ETF Approval, Price Breaks Major Resistance Levels But is Ripe for a Correction – Technical Analysis
The bullish move for Bitcoin continues as price action managed to break major resistance levels in the past three days. As of press time, Bitcoin is trading at the $8,335 level. Total market capitalization is now at $300 billion and…
Bitcoin Struggles to Hold Key Fibonacci Level, Altcoins Tumble – ETH, XRP, BCH, EOS Technical Analysis
When Bitcoin rallies, altcoins retreat. Three days ago, Bitcoin price recorded more than 10% gains and is currently consolidating around the $7,450 level, which is the 0.382 Fibonacci level. As of press time, Bitcoin price is at $7,478, total market…
Bitcoin Shoots Up, Breaks Through Downward Trend and Major Resistance – Technical Analysis
Out of nowhere, Bitcoin price shot up by more than 10% and recorded almost $700 in gains in just the past 24 hours. During this sudden price rally, more than $20 billion flooded into the crypto market. After hovering around…
Bitcoin Heading Back to Triple Bottom Support, ETH Resumes Downtrend – Technical Analysis
The slight market recovery that started on the first week of July is currently seeing a corrective move. As of press time, total market capitalization is back to the $250 billion level. The top 20 cryptocurrencies listed on CoinMarketCap is…
Bitcoin Bounces Off Triple Bottom Support, NEO Gains Upward Momentum – Technical Analysis
After the 2-month slump that started on May 5, cryptomarket prices are making a bounce back to upward trend. As of press time, total market capitalization is around $270 billion, and looks to break the $300 billion mark in the…