Search
Bitcoin Topside Bias Vulnerable Below USD 10K, Altcoins Consolidate
19.5.2020
Bitcoin price started a downside correction after it failed to clear the USD 9,500 and USD 10,000 resistance levels. BTC/USD traded below the USD 9,850 support and tested USD 9,550. The price is currently (09:00 UTC) stuck in a range and seems to be facing a strong resistance near...
Bitcoin Demand Pushes Tether Below $1 for Longest Stretch Since March
18.5.2020
Tether, the oldest and largest stablecoin tied to the U.S dollar, has fallen below par value for the longest stretch since bitcoin dropped to 12-month lows in March
Bitcoin Stuck Below USD 10K, Altcoins Look Ready For Another Leg Higher
18.5.2020
This past week, there was a downside correction in bitcoin price from the USD 10,000 resistance. BTC/USD traded below USD 9,550, but it found support near USD 9,200. Recently, it started a fresh increase and broke many hurdles near USD 9,550 to revisit the USD 10,000 region.
Also, many major...
Bitcoin Price Consolidates Below $10,000 After Halving: What’s Next?
16.5.2020
Bitcoin price is holding below $10,000 after the halving as the bullish and bearish scenarios are starting to take shape
Bitcoin Steady Near $9K as Trump Touts ‘Gift’ of Negative Interest Rates
13.5.2020
Bitcoin is hovering close to $9,000 amid rising speculation the U.S. could ultimately adopt negative interest rates
Recent Episodes of ShopTalk Show
12.5.2020
There is a super cool new Podcast block for WordPress Gutenberg you use Jetpack (released in 8.5). I wanted to try it out, so below you’ll see recent episodes from ShopTalk Show. I’d tell you all about the recent episodes, except then this blog post wouldn’t age very well, because...
Ethereum (ETH) Dips Below $205 due to Intraday Bearish Consolidation
4.5.2020
Ethereum, at the time of penning down this analysis, was trading below the major support of $205 due to intraday correction on the hourly chart ETH/USD is facing strong resistance at $219 price area, and the current intraday has led the coin below 38.20% Fib Retracement level The 20-day Bollinger...
Bitcoin Price Slides Below $9K as Trader Suggests ‘Technical’ Retrace
30.4.2020
A lot of withdrawals are surfacing as Bitcoin reverses course to dip 8% from its 24-hour highs
The Greatest Wealth Transfer: Economists Predict the Emergence of New Bitcoin Millionaires, BTC Capturing 3% of Gold Market
27.4.2020
The global economy has been feeling the hardships from the mandated lockdowns various nation states have implemented during the last month and a half. Oil prices have dropped below zero for the first time in history, and economic powerhouses like the U.S. are starting to show cracks in the system....
Neo (NEO) Plummets Below $8.5 due to Intraday Volatility
27.4.2020
NEO, at the time of penning down this analysis, was drawing an uptrend on the 4-hourly chart, hitting above the 20-day Bollinger Bands NEO/USD retains support from the 50-day and 200-day daily moving averages after the price rose above $7.5 As per the laid 20-day Bollinger Bands, the volatility...
Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days
23.4.2020
Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained...
How Have Petro Prices Stayed Stable While Crude Oil Falls Below USD 0?
23.4.2020
The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices.
But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that...
Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars
22.4.2020
During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%....
Bitcoin (BTC) Turns Down Below $7k Yet Appears Bullish
21.4.2020
Bitcoin, at the time of writing, was trading below $7k after experiencing an intraday bearish hit and therefore fails to retain support from 50-day and 200-day MA A bearish wedge will be, however, confirmed if BTC price does not make a quick rebound It was just in the past 24 hours when the price...
After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero
21.4.2020
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system...
Bitcoin Now Buys 600 Barrels of Crude Oil as Prices Fall Below Zero
20.4.2020
A collapse in oil prices is fuelling an interesting comparison with Bitcoin and other less volatile assets
Bears Attack Bitcoin at the Daily Close as BTC Price Slips Below $6,666
16.4.2020
#BTC #Bitcoin price drops under the infamous $6,666 level
Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps
14.4.2020
Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively...
Bitcoin Stuck Below $7K Even as Gold Surges to 7-Year High
14.4.2020
Gold has left bitcoin behind on a month-to-date basis following a rise to seven-year highs early on Tuesday
Bitcoin And Altcoins Stay Below Key Hurdles
14.4.2020
After tagging the USD 6,550 support area, bitcoin price started an upside correction. BTC/USD is up more than 3% and it is now trading above USD 6,750. However, the price is still below many key hurdles near USD 6,850, USD 7,000 and USD 7,200.
Similarly, most major altcoins are currently (08:30...