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Bitcoin and Altcoins Topside Bias Vulnerable
3.12.2019
In the past three sessions, bitcoin price mostly traded in a range below the USD 7,350 and USD 7,400 resistance levels. BTC/USD could start another bearish wave below USD 7,200 if it continues to face resistance near USD 7,400.
Similarly, most major altcoins traded in a range with a minor bearish...
Bitcoin and Altcoins Restart Downtrend, Bulls Under Pressure
2.12.2019
This past week, bitcoin price recovered above the USD 7,350 and USD 7,550 resistance levels. BTC/USD tested the USD 7,850 resistance area, where the bulls struggled. As a result, the price started a fresh decline and traded below the USD 7,350 pivot area (09: 00 UTC).
Similarly, many major altcoins...
PODCAST: Altcoins and Ancient History with Litecoin’s Charlie Lee
1.12.2019
The hosts are talking network effects, ad-hoc audits and more with early Bitcoin developer and Litecoin creator Charlie Lee
Bitcoin and Altcoins Could End November In Bullish Zone
29.11.2019
In the past three sessions, there were mostly range moves in bitcoin price above the USD 7,350 and USD 7,400 support levels. BTC/USD seems to be forming a support base and it could continue to rise above the USD 7,550 and USD 7,650 resistance levels.
Similarly, there are positive signs emerging...
Bitcoin and Altcoins Target Further Upsides, Dips Supported
28.11.2019
Recently, there was a strong recovery wave in bitcoin price above the USD 7,000 resistance area. BTC/USD climbed above the USD 7,200 resistance and recently surged above USD 7,400. The price even spiked above USD 7,600 and it is currently (09:00 UTC) correcting gains.
Likewise, there was a strong...
Bitcoin Jumps 10% Again, Outperforms Major Altcoins
27.11.2019
Source: iStock/hocus-focus
The most popular cryptocurrency, bitcoin (BTC), for the second time this week rallied c. 10% in around 7 hours, leaving all major altcoins behind.
At pixel time (18:33 UTC), bitcoin trades at c. USD 7,572 after touching almost USD 6,900 earlier today. The price is up...
Bitcoin and Altcoins Move Below Major Breakout Levels
27.11.2019
Yesterday, there was a recovery wave in bitcoin price above the USD 7,000 resistance area. BTC/USD climbed above USD 7,200, but it struggled to break an important resistance near USD 7,350. At pixel time (09:43 UTC) it already trades below USD 7,000.
Similarly, there was an upside correction...
‘Hack’ Worries as USD 79m of Altcoins Transferred from Upbit Accounts
27.11.2019
South Korean cryptocurrency users say they are in a “state of confusion” after reports of a possible USD 79 million hack on market-leading crypto exchange platform Upbit.
Per Chosun, a series of large altcoin transfers were made out of Upbit accounts at just after 1pm KST (4:00 UTC ) on November...
Bitcoin Black Friday Shuts Forever as Founder Says ‘Mission’ Complete
26.11.2019
Use altcoins for trivial payments, not Bitcoin — Black Friday founder
Bitcoin and Altcoins Spring Up, Face Strong Resistance
26.11.2019
After a nasty decline, bitcoin price found support near USD 6,550. BTC/USD started a relief rally and climbed more than 10% in the past three sessions. It broke the USD 6,850 and USD 7,000 resistance levels. However, the price seems to be struggling (09: 00 UTC) to clear the USD 7,350 resistance...
Bitcoin Price Rallies 10%, Altcoins Move Higher
25.11.2019
After touching USD 6,600 earlier on Monday, the average price of bitcoin (BTC) rallied c. 10% in around 7 hours, jumping to USD 7,300 before going lower. Major altcoins are also correcting their losses.
At pixel time (14:18 UTC), bitcoin trades at c. USD 7,199 and is up by almost 1% in the past...
Bitcoin and Altcoins Signaling Downtrend Continuation
25.11.2019
In the past few days, there were heavy downsides in bitcoin. BTC/USD traded below many supports such as USD 8,000, USD 7,650 and USD 7,050 to move further into a downtrend. It recently tested the USD 6,550 support zone and currently (09:00 UTC) remains at a risk of more losses.
More importantly...
Bitcoin Price Drops to $6.5K as Traders Eye CME ‘Gap’ Bounce
25.11.2019
Bitcoin reverses at $6,500 to avoid freefall lower
Bitcoin Price Tumbles Below USD 6.7K, Major Altcoins Bleed More
25.11.2019
After trading sideways during the weekend, the most popular cryptocurrency, bitcoin (BTC) took another hit in the early hours on Monday (UTC time), dropping below USD 6,700.
At pixel time (05:23 UTC), trades at c. USD 6,682. It's down by 7% in the past 24 hous and by 22% in the past week...
Crypto 2020: Institutions to Pick Bitcoin, Retail to Stay in Altcoins
23.11.2019
Both institutional and retail investments are indispensable if crypto is to grow, but it's likely that in 2020 we'll see different kinds of investment from different demographics. As experts tell Cryptonews.com, institutional investors might become more important next year and are likely to focus...
Friday Shows Bloodbath for Crypto Markets, Bitcoin Price At $7,300
22.11.2019
Friday shows a bloodbath for the entire crypto markets, with BTC hovering above $7,300
Bitcoin and Altcoins Likely to Continue Bleeding
22.11.2019
In the past three sessions, there was a sharp increase in selling pressure on bitcoin, resulting in a downside break below the USD 7,850 support area. BTC/USD declined more than 7% and traded below the USD 7,650 support. It is currently (09:00 UTC) trading near USD 7,500, with a negative...
Bitcoin and Altcoins Consolidate Below Key Resistances
21.11.2019
In the past few sessions, there were mostly range moves above the USD 8,000 support. BTC/USD made an attempt to climb above the USD 8,200 and USD 8,250 resistance levels, but it failed. It is currently (09:00 UTC) consolidating and remains at a risk of more losses below USD 8,000.
Likewise, many...
Bitcoin and Altcoins In Corrective Increase But Downtrend Intact
20.11.2019
In the past few sessions, there was a downside extension in bitcoin price below the USD 8,250 and USD 8,050 support levels. BTC/USD even tested the USD 8,000 handle and it is currently (09:00 UTC) correcting higher. However, there are many resistances on the upside near USD 8,250 and...
Bitcoin and Altcoins Downside Thrust Underway
19.11.2019
Yesterday, we discussed the possibility of a downside extension in bitcoin towards the USD 8,250 and USD 8,050 support levels. BTC/USD did decline recently and broke the USD 8,250 support area. The price is now (09:00 UTC) struggling to stay above the USD 8,050 and USD 8,000 support levels....