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Blame Short-term Bitcoin Holders For the Price Crash Again
17.3.2020
Sometimes, the history indeed repeats itself. In the Cryptoverse, it's the short-term traders who have been driving the most recent sell-off. Again.
As reported in October 2019, crypto market analysis firm Coin Metrics found that the bitcoin (BTC) selling pressure at the time originated from...
Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus
16.3.2020
On Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. However, the Fed’s rate...
Litecoin’s Short-term Rebound Sees Hurdles
9.3.2020
Litecoin has faced a very strong meltdown over the last couple of days amid Coronavirus threats. It’s not just LTC that has gone through such a bearish market phase; the whole market, in fact, all the markets (including the major ones such as US and China) have broken down. Litecoin Price...
Bitcoin Halving Can Have Negative Short-Term Effect on BTC Price — Here’s Why
4.3.2020
Bitcoin tends to drop before and after a block-reward halving in the short term. Will this time be different?
Stellar’s Uptrend Sees a Short Term Price Plunge
27.1.2020
Stellar’s price recovery has just come across hurdles; bearish candles have been formed The XLM coin may soon start looking for support levels is it breaches below $0.057, its immediate support The higher-low pattern has been halted after today morning’s price consolidation RSI seems extremely...
Bitcoin Cash Miners Plan $6M Development Fund by Leveraging Block Rewards
22.1.2020
A group of Bitcoin Cash mining pool operations have decided to help fund BCH infrastructure development. On January 22, Btc.top founder Jiang Zhuoer revealed that five mining pools are preparing a short-term developers donation plan. Miners from Btc.top, Bitcoin.com, Viabtc, Antpool, and Btc.com...
Bitcoin and Altcoins Could Correct In Short Term
16.1.2020
Recently, bitcoin price made another attempt to clear the USD 8,850 resistance area. However, BTC/USD failed to continue higher and started a short term downside correction. On the downside, the USD 8,550 support area might play a major role in the coming sessions.
On other hand, there were...
BTC Marks a Fresh Weekly Decline Below $7k; Retains Short-term Support
3.1.2020
Bitcoin, at the time of penning down this article, was trading at $7,186.80. Important to note that the BTC price has hit a fresh weekly low around $6,400 in the past 24 hours. Currently, the coin’s momentum is correcting upwards, as it has again moved above $7,000. Bitcoin has marked this fresh...
Cardano (ADA) Gains Short-term Support; Marks an Intraday Dip
2.1.2020
Cardano, at the time of writing, was trading at $0.0331. In the last trading month of the previous year, ADA coin has shown two extremities at $0.0421 and $0.0304. The current trading scenario of the coin is such that it has been moving in a stated price range, facing rejection above $0.0355. This...
Bitcoin and Altcoins Signaling Another Decrease in Short Term
2.1.2020
This week, bitcoin price faced an increase in selling pressure below USD 7,350. As a result, BTC/USD settled below the USD 7,250 support and recently tested the USD 7,120 support. The current market sentiment suggests high chances of more downsides below USD 7,100 in the short term before...
Monero May have a Short-term Bullish Crossover Above $45
1.1.2020
Monero, at the time of writing, was trading at $45.346 on Bitfinex. The coin is lacking active support around the current trading price area, except support foreseen by the 10-day and 50-day moving average. Therefore, we can project a bullish medium or short-term if the coin gains a definite...
Will Stellar (XLM) Continue the Bearish Downturn for the Short-term?
27.12.2019
Stellar price was one of the few coins which had withstood the bear pressure with great gusto. The 3-month price trend shows the price starting below the baseline, but after a few days, the coin picked up steadfastly. However, the bears got the better of the coin near the end of the 3-month and...
Bitcoin (BTC) Drops Below $7k; Expected to Bounce Back from $6.1k
17.12.2019
The short-term outlook of Bitcoin against the US Dollar is bearish, and it is moving towards key support area and weekly 78.6% Fib Level. Overall weekly prices are still above 200 days SMA denoted by the red line in the below-given charts. Bitcoin Price Prediction Weekly BTC prices have fallen...
Bitcoin Price Short-Term Indicators Hinting at $7.4K Weekend Bounce
13.12.2019
Bitcoin trading volume is in decline but a relief rally for the weekend may be in the cards for BTC
Bitcoin’s Rejection at Key Price Hurdle Puts Short-Term Bull Trend at Risk
5.12.2019
Bitcoin sharp rejection at resistance around $7,800 has weakened the short-term bullish outlook
Dogecoin Trades with Moderate Selling Pressure; Gains Support from Short-term MAs
2.12.2019
Dogecoin trades around $0.0022 price area; gains support from the short-term moving averages Dogecoin price takes a swift downturn trading from $0.0028 to falling at $0.0020 in a 30-day time frame Currently, the currency trades with a 10% growth when compared to the lowest in the said time frame...
BCH Trades Above $220, Gets Grounded Support from Short-term MAs
29.11.2019
Bitcoin Cash falls from a price peak of $243.2 to $222.2 in a span of 7 days BCH price is supported by the short-term moving averages Bitcoin Cash is trading persistently above $200 since past three days, despite sailing under utter selling pressure Bitcoin Cash (BCH) price exhibits the S/R flip...
Bitcoin Is Looking at a Short-Term Bull Reversal If Prices Pass $7,400
27.11.2019
Bitcoin needs to break above resistance near $7,400 to confirm a short-term bull reversal and invite stronger buying pressure
Bitcoin SV Trades Above $105; Gains Support from Short-term MA
26.11.2019
BSV coin trades at $107.2, having grown by over 13% from yesterday’s closing, i.e., $94.52 Just when Bitcoin price took a step above $7,000, Bitcoin SV soared as high as $110.59 Similarly, BSV trades in selling zone until a persistent trade above its 7-day high price takes place Bitcoin SV (BSV)...
Ethereum Price Recovering Since Today Morning; the Very Recent Plunge Initiates to Rebound
9.11.2019
Ethereum price saw a notable price decline yesterday, followed by a rebound. The coin is continuing the rebound today, as, since this morning, the coin has not broken the uptrend except for the recent correction. The coin has climbed above $184 from its today’s opening price of $183.47. Notably...