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‘Governments Will be Unable to Shut It Down’ – John McAfee to Launch Privacy Centric Crypto
14.4.2020
The U.S. Presidential candidate who remains on the run from the IRS, John McAfee, announced he’s launching a new privacy coin called Ghost. McAfee says the Ghost cryptocurrency will be a proof-of-stake (PoS) coin and it will be available on his decentralized exchange (dex). The former...
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 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...
Bitcoin Below USD 7,000 Again, Altcoins Struggling to Recover
13.4.2020
In the past 3-4 days, there was an increase in selling pressure on bitcoin after it broke the USD 7,200 support area. BTC/USD traded below the USD 6,850 support and it could continue to move down towards the USD 6,550 and USD 6,200 support levels in the near term.
Similarly, almost all major...
Bitcoin Drops Below USD 7,000, Altcoins Follow
10.4.2020
After multiple failures to clear the USD 7,400 resistance area, bitcoin price reacted to the downside. BTC/USD broke the USD 7,250 and USD 7,120 support levels to move into a short term bearish zone. BTC is down more than 5% (08:30 UTC) and it could continue to move down.
Similarly, most major...
Bitcoin And Altcoins Eyeing Crucial Bullish Break
9.4.2020
In the past few sessions, bitcoin price traded in a range below the USD 7,400 and USD 7,550 resistance levels. BTC/USD remained well bid above USD 7,120 and it seems like the bulls are eyeing a crucial upside break above USD 7,400 in the coming sessions.
Similarly, most major altcoins are trading...
Bitcoin And Altcoins Holding Key Uptrend Supports
8.4.2020
After a strong rally, bitcoin price faced hurdles near the USD 7,550 resistance. As a result, there was a downside correction below USD 7,400, but the price remained well bid above USD 7,000. It is currently (08:30 UTC) rising and trading above key uptrend supports such as USD 7,120 and...
Bitcoin And Altcoins Look Poised For Continued Gains
7.4.2020
In the past few sessions, there was a sharp rise in bitcoin price above the USD 7,000 resistance area. BTC/USD surpassed the USD 7,250 resistance area and it is now (08:30 UTC) trading in an uptrend. The next hurdles on the upside are near USD 7,550, USD 7,650 and USD 7,800.
Also, almost all major...
Major Chinese Mining Pool Drops out of BTC Mining Race, Looking to Altcoins
6.4.2020
One of the top Chinese pools has dropped out of BTC mining race due to Bitcoin price pressure
Bitcoin Surges Past USD 7,000, Altcoins Gaining Traction
6.4.2020
In the past two sessions, there were positive moves in bitcoin price above the USD 6,850 resistance. More importantly, BTC/USD climbed above the key USD 7,000 resistance to move into a bullish zone. The current (08:30 UTC) price action is positive, suggesting more upsides above the USD 7,200...
Bitcoin And Altcoins Trend Turns Bullish
3.4.2020
Yesterday, we saw a positive price action, resulting in more upsides in bitcoin price above the USD 6,850 and USD 7,020 resistance levels. BTC/USD even climbed towards USD 7,250 before correcting lower. The price is currently (08:30 UTC) rising and it seems like it could revisit the USD 7,250 level...
Bitcoin And Altcoins Look Primed For Further Upsides
2.4.2020
After a short term corrective decrease, bitcoin price found support near the USD 6,200 level. BTC/USD started a fresh bullish wave and gained momentum above USD 6,400. The price was able to surpass the key USD 6,550 resistance and it seems like it could continue to rise towards the USD 6,850...
Bitcoin And Altcoins In Corrective Decrease
1.4.2020
Recently, bitcoin price retested the key USD 6,550 resistance area. BTC/USD failed to settle above USD 6,550 and started a downside correction. The price is now (08:30 UTC) trading below the USD 6,400 level and it could correct further towards the USD 6,200 support area.
Similarly, many major...
Bitcoin And Altcoins Signaling Bullish Trend
31.3.2020
Recently, bitcoin price started a fresh increase above the USD 6,300 and USD 6,400 levels. BTC/USD even spiked above USD 6,550, but it failed to continue higher. It is currently (08:30 UTC) consolidating gains above USD 6,400 and it could make another attempt to gain strength above...
Bitcoin And Altcoins Trim Losses But Facing Uphill Task
30.3.2020
Recently, there was a fresh bearish reaction in bitcoin below the USD 6,200 and USD 6,000 support levels. However, BTC/USD found a strong buying interest near the USD 6,850 level and it is currently (09:00 UTC) recovering above USD 6,000 and USD 6,200.
Similarly, all major altcoins are showing...
Bitcoin Ascends on Twitter While Major Altcoins Hit Multi-Year Lows
27.3.2020
Major altcoins find their tweet-counts nearing three-year lows while Bitcoin gobbles up Twitter real-estate
Bitcoin Probing Crucial Resistance While Altcoins Start Rising
27.3.2020
In the past few sessions, bitcoin price remained well bid above the USD 6,500 support level. However, BTC/USD is still facing a strong barrier near the USD 6,800 and USD 6,850 resistance levels. The price is trading (08:30 UTC) in a range below USD 6,850 and it seems to be preparing for the next...
Bitcoin and Altcoins Consolidating Below Key Hurdles
26.3.2020
Recently, bitcoin price made another attempt to gain momentum above the USD 6,800 and USD 6,850 resistance levels. However, BTC/USD failed to continue higher and it is currently (08:30 UTC) correcting gains. If there is a downside break below USD 6,500, the price could start an extended downside...
Bitcoin and Altcoins Primed For More Upsides
25.3.2020
In the past few sessions, there were mostly positive moves in bitcoin price above the USD 6,200 pivot level. BTC/USD was able to surge above the USD 6,500 resistance and it even tested the USD 6,850 area. The price is now (08:30 UTC) consolidating above USD 6,500 and preparing for more...
Bitcoin and Altcoins Gaining Bullish Momentum
24.3.2020
After testing the USD 6,000 support area, bitcoin price started a fresh increase. BTC/USD gained bullish momentum and surged above the USD 6,400 and USD 6,500 resistance levels. The current (08:30 UTC) price action is positive and it could continue to rise towards the USD 6,800 and USD 7,000...