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Bitcoin Crashes to January Lows, Altcoins Suffer Bigger Losses
8.3.2020
In a surprising move, bitcoin (BTC) price crashed this weekend, dropping to the levels last seen in January, while all major altcoins are in red against BTC on Sunday.
BTC dropped on Saturday sharply and is still moving down on Sunday. At pixel time (16:01 UTC), bitcoin trades at c. USD 8,431...
Investing in Bitcoin or Altcoins – Which One will Give You More Returns?
8.3.2020
The cryptocurrency sector comes with a lot of different currencies. Apparently, we have a new altcoin coming into the scene almost every day that can change the cryptocurrency field. Knowing where to invest your money can save a lot of hassles and time. There is no right decision or wrong decision...
Bitcoin and Altcoins Gaining Bullish Momentum
6.3.2020
After forming a support base above the USD 8,850 level, bitcoin price climbed above the USD 9,000 pivot level. BTC/USD even surpassed the USD 9,100 level and it might continue to rise steadily towards USD 9,280 and USD 9,450 in the near term.
Similarly, most major altcoins are gaining bullish...
Bitcoin and Altcoins Sighting Crucial Bullish Break
5.3.2020
In the past three sessions, there was an increase in the positive sentiment for bitcoin above USD 8,650 and USD 8,700. BTC/USD broke the USD 8,850 resistance area and it is currently (09:00 UTC) making an attempt to climb higher above the USD 9,000 resistance.
Similarly, most major altcoins...
Bitcoin and Altcoins Might Get Boost From India News
4.3.2020
Today, the Supreme Court of India lifted the ban on cryptocurrencies trade imposed by the Reserve Bank of India. This is a positive signal and it could boost the market sentiment for bitcoin. However, in the past few hours bitcoin is still trading sideways.
Also, at the moment (08:30 UTC), most...
Bitcoin and Altcoins Sighting a Strong Recovery
3.3.2020
Bitcoin price started a steady recovery above the USD 8,550 and USD 8,650 levels. BTC/USD even broke USD 8,700, but it failed to gain bullish momentum above the USD 8,850 resistance area. The price is currently (09:00 UTC) trading near USD 8,750 and it could make another attempt to surpass...
Bitcoin Momentum Investing — Does Buy the Dump, Sell the Pump Work?
2.3.2020
Data shows that buying the worst-performing cryptos on a daily basis can provide a better risk-adjusted-performance than just buying the best-performing cryptocurrency
Bitcoin and Altcoins Trading Near Crucial Juncture
2.3.2020
This past week, bitcoin fell more than 5% and it settled below the USD 8,850 support area. BTC/USD even spiked on a couple of occasions below the USD 8,550 and USD 8,500 support levels. It is currently (08:00 UTC) consolidating losses above USD 8,500 and it could either recover towards USD 9,000...
Bitcoin and Altcoins Struggle to Recover
28.2.2020
After trading below the USD 8,850 support, bitcoin found bids near the USD 8,550 support area. Recently, it started an upside correction above USD 8,700, but the previous supports near USD 8,850 and USD 9,000 are now (09:00 UTC) acting as key resistances for the bulls.
Similarly, most major...
Bitcoin and Altcoins Show Post-Crash Recovery Signs
27.2.2020
Yesterday, we discussed the chances of more losses in bitcoin below the USD 9,200 and USD 9,000 support levels. BTC/USD did decline heavily and broke many supports near USD 9,000 and USD 8,850 level. It tested the USD 8,550 support area and it is currently (09:00 UTC) correcting higher.
Similarly...
Bitcoin Dominance Surges as Altcoins Extend Sell-Off
26.2.2020
After nearly all cryptoassets fell yesterday, leading to bitcoin’s safe-haven status being questioned in the community, a fresh wave of selling again hit the market on Wednesday. This time, it’s the altcoins that are taking the worst hit.
As of press time on Wednesday (10:30 UTC), bitcoin (BTC)...
Bitcoin and Altcoins Are Plunging And Remain At Risk
26.2.2020
Yesterday, we saw the start of a fresh bearish wave in bitcoin below the USD 9,650 support. Later, BTC/USD gained bearish momentum and it traded below the USD 9,550 and USD 9,200 support levels. The next key support is near USD 9,050, below which there is a risk of a sharp decline.
Similarly, there...
Bitcoin and Altcoins Start Fresh Bearish Wave
25.2.2020
Yesterday, bitcoin struggled to continue higher above the USD 9,850 resistance area. As a result, BTC/USD started a fresh decrease and broke the USD 9,650 support area. The price is now trading near the USD 9,550 support, below which it could accelerate its decline towards USD 9,200.
Similarly...
Bitcoin and Altcoins Struggle to Gain Bullish Momentum
24.2.2020
Bitcoin climbed above the USD 9,850 resistance recently, but it failed to continue higher above the USD 10,050 resistance. As a result, there was a sharp decline in BTC/USD below USD 9,850. The price is now (09:00 UTC) trading below USD 9,800 and it could revisit the USD 9,650 and USD 9,550 support...
Bitcoin and Altcoins Consolidate Above Key Supports
21.2.2020
Recently, there was a strong decline in bitcoin price below the USD 10,000 and USD 9,850 support area. BTC/USD even spiked below the USD 9,550 support level, but later recovered. The price is currently (09:00 UTC) consolidating above USD 9,550 and facing hurdles near USD 9,850.
Besides, there was...
Bitcoin and Altcoins Bears Are Back In Driver’s Seat
20.2.2020
After yesterday’s strong increase, bitcoin price failed to continue above the USD 10,200 and USD 10,250 resistance levels. Later, BTC/USD declined sharply below USD 10,000 and USD 9,850. The price is now (09:00 UTC) back in a bearish zone and consolidating near the USD 9,550 support.
Similarly...
Altcoins & Co Watch Closely As Telegram and SEC Cross Swords In Court Today
19.2.2020
Instant messaging giant Telegram and the U.S. Securities and Exchange Commission (SEC) are meeting today, February 19, in front of a New York federal judge in a case that may impact the future of many cryptoassets.
As reported, Telegram seeks that its digital token (Gram) sale should be allowed...
Bitcoin and Altcoins Target Fresh Highs Post Recent Rally
19.2.2020
After forming a support base above USD 9,650, bitcoin started a strong increase. BTC/USD surged above the USD 9,850 and USD 10,000 resistance levels to enter a positive zone. The price is now (09:00 UTC) consolidating gains and it could continue to rise towards USD 10,400 and...
Chainlink and Tezos Extend Higher as Bitcoin Price Approaches $10K
18.2.2020
Chainlink and Tezos rally higher, continuing to reinforce the crypto market’s bullish trend
Bitcoin Consolidating Losses While Altcoins Start Fresh Increase
18.2.2020
Recently, there was a downside extension below the USD 9,650 support, but bitcoin found support near USD 9,550 and USD 9,500. As a result, it started a short term recovery above USD 9,700 and it is currently (09:00 UTC) consolidating below the USD 9,850 resistance area.
On the other hand, many...