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Bitcoin and Altcoins Possibly Aligning For Key Reversal
9.12.2019
This past week, bitcoin price started recovering above the USD 7,350 and USD 7,400 resistance levels. BTC/USD even spiked above USD 7,650, but it struggled to continue higher. However, the price failed to retain strength above USD 7,600. It is currently (09:00 UTC) consolidating above USD 7,400...
Beam, BCH and Zcash Will Join BTC in Halving Their Mining Rewards
8.12.2019
There’s been a lot of noise about Bitcoin’s halving, set to occur in May, and the effect this will have on price as BTC’s mining reward is slashed. It’s not the only PoW coin gearing up for a major reduction in its emission rate next year, with Bitcoin Cash, Beam, and Zcash...
Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains
8.12.2019
Ethereum’s prices sees no major movement following the hard fork, as most of the top 20 cryptocurrencies report moderate gains
Bitcoin Price Diary: 6 Altcoins That Are Currently Making Me Avoid BTC
7.12.2019
Since November, several altcoins have taken advantage of Bitcoin’s sideways trading and produced double-digit gains that are catching the attention of many traders
Bitcoin Hovers Under $7,550 as Altcoins See Moderate Gains
7.12.2019
Bitcoin hovers just under the $7,550 mark as most of the top 20 cryptocurrencies are reporting moderate gains on the day
Bitcoin and Altcoins Aligning For Next Significant Move
6.12.2019
After a fresh bearish wave, bitcoin price found support near the USD 7,100 area. BTC/USD is currently rising (10:30 UTC) and trading above USD 7,250 and USD 7,350. However, the price needs to gain bullish momentum above USD 7,400 to continue higher in the near term.
Moreover, it seems like most...
Bitcoin and Altcoins Lack Important Signs For Reversal
5.12.2019
Yesterday, there was a sharp upward move in bitcoin price above the USD 7,350 and USD 7,400 resistance levels. BTC/USD even rallied above the USD 7,550 and USD 7,650 resistance levels. However, it turned out to be a fake rally and the price is now back below USD 7,400 (09:00 UTC).
Similarly, there...
Bitcoin and Altcoins Gaining Bearish Momentum
4.12.2019
In the past two days, bitcoin price failed to gain pace above the USD 7,350 and USD 7,400 resistance levels. As a result, BTC/USD started a fresh decline and recently broke the key USD 7,200 support area. However, the price is still holding USD 7,000 (09:00 UTC), below which there is a risk of...
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...