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Bitcoin and Altcoins Consolidating Before Possible Fresh Rally
30.1.2020
After a short term downside correction, bitcoin price found support near USD 9,200. BTC/USD was well bid above the USD 9,200 level and it is currently (09:00 UTC) rising steadily. A clear break above USD 9,450 and USD 9,500 is likely to set the stage for a larger upward move in the coming...
Decentralized Finance Is Blossoming, But Just How Decentralized Is Defi?
30.1.2020
The defi market has hit an all-time high as the total value locked up in decentralized finance has surged past $850 million. A flurry of new applications, privacy proposals, wallets, DEXs, and protocols is extending the limits of what defi is capable of. This jubilation should be countered with...
Bitcoin and Altcoins Surging, Rally Might Continue
29.1.2020
In the past few sessions, there was a strong rise in bitcoin price above the USD 9,200 and USD 9,250 resistance levels. BTC/USD even traded above USD 9,400 before it faced sellers. The price is currently (09:00 UTC) consolidating and it remains well supported for more gains above...
Bitcoin and Altcoins Signaling Bullish Continuation
28.1.2020
Yesterday, we discussed the chances of more upsides in bitcoin price if it climbs above the USD 8,650 and USD 8,850 resistance levels. BTC/USD did rise above the USD 8,850 resistance and it even surpassed the USD 9,000 resistance. It tested USD 9,150 and is currently (09:00 UTC) correcting...
Bitcoin and Altcoins Target Fresh Monthly Highs
27.1.2020
This past week, there was a substantial downside correction in bitcoin price below the USD 8,650 and USD 8,550 support levels. BTC/USD found support near the USD 8,250 level and recently started a fresh increase above the USD 8,550 pivot level. However, the price is facing hurdles near USD 8,650...
Everybody’s Staking But Who’s Using Proof of Stake Blockchains?
26.1.2020
The primary use case for staking blockchains is staking. That is their raison d’être, and thousands of cryptocurrency holders have utilized this provision to increase their holdings by earning staking rewards. As the total amount of staked tokens trends towards 80% for some blockchains...
Bitcoin and Altcoins Turning Bearish
24.1.2020
In the past few sessions, bitcoin price saw an increase in selling pressure below USD 8,650. As a result, BTC/USD declined further and traded below the key USD 8,550 and USD 8,500 support levels. It seems like the price is likely to extend its decline towards USD 8,000 or USD 7,850 in the near...
Bitcoin and Altcoins Bulls Struggle to Gain Strength
23.1.2020
After a minor upward move, bitcoin price failed to gain strength above the USD 8,800 area. It seems like the USD 8,850 resistance played well, resulting in a bearish reaction in BTC/USD. There was a break below USD 8,650 and the price even spiked below USD 8,550.
Similarly, most major altcoins...
Bitcoin Price Slides to $8.5K as 200MA Resistance Keeps Bulls in Check
23.1.2020
Bitcoin traders wave goodbye to $9K as price action targets levels below $8,500
Bitcoin and Altcoins Might be Gearing For Another Lift-Off
22.1.2020
After testing the USD 8,550 support, bitcoin price started a decent increase. BTC/USD traded above USD 8,650 and USD 8,700, but it must climb above the USD 8,850 resistance level to continue higher. The next key hurdles are near USD 9,150 and USD 9,250.
Similarly, most major altcoins are slowly...
Bitcoin and Altcoins Consolidate Above Key Uptrend Supports
21.1.2020
Recently, bitcoin price corrected lower below USD 9,000 and USD 8,850. However, BTC/USD found a strong buying interest near the USD 8,550 support area. The price is currently (09:00 UTC) consolidating and it could climb higher once there is a clear break above USD 8,720 and USD 8,780.
Similarly...
Bitcoin and Altcoins Uptrend Intact Despite Recent Setback
20.1.2020
This past week, there was a strong rally in bitcoin price above the USD 8,500 and USD 8,850 resistance levels. BTC/USD even surpassed the USD 9,000 level, before sellers appeared near USD 9,200. Recently, there was a sharp downside correction and the price declined to test the USD 8,550...
Bitcoin Price Drops Over $500 in 5 Minutes, Top Altcoins Also See Red
19.1.2020
Today Bitcoin lost over $500 in under 5 minutes and most of the crypto market followed suit
Bitcoin SV Drops 40% as Lawyer Admits Craig Wright Has No Private Keys
18.1.2020
Craig Wright court case sparks heavy losses for Bitcoin SV investors, while Bitcoin consolidates its January gains
Bitcoin Climbs To New 2020 High, Altcoins Gaining Bullish Momentum
17.1.2020
After a short term downside correction, bitcoin price found support near the USD 8,550 area. Later, BTC/USD started a fresh increase above the USD 8,650 and USD 8,850 resistance levels. A new 2020 high is formed near USD 9,000 and the price is currently (09:00 UTC) trading with a bullish...
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...
Bitcoin and Altcoins Bulls Remain In the Driver's Seat
15.1.2020
Bitcoin price remained in a bullish zone and extended its upward move above the USD 8,550 and USD 8,700 resistance levels. BTC/USD traded towards the USD 9,000 level and formed a swing high near USD 8,850. It corrected lower recently, but the bulls remain in action and the price could rise above...
Bitcoin Price Hits 2-Month High at $8.7K as 3 Bullish Factors Converge
14.1.2020
Bitcoin seeks swift leg-up to $9K as markets rise 8% in 24 hours to reach $8.7K highs
Bitcoin and Altcoins In Steep Uptrend
14.1.2020
Bitcoin price started a fresh increase above the USD 8,250 and USD 8,350 resistance levels. BTC/USD even broke the USD 8,500 level and it seems like it could continue to rise towards USD 8,650 and USD 8,800. On the downside, the previous resistance near USD 8,350 is likely to act as a buy zone...
Experts Share: Which Altcoins Should Be Watched Closely in 2020
13.1.2020
In the last part of our predictions saga, we asked experts which altcoins should be followed closely in 2020