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Bitcoin (BTC) Trades with Inactive Supports; May Lead to $6,800


BTC trades at $7,289, below the major supports, i.e., $7,350 and $7,500 Bitcoin records a 7-day high around $7,830 and there happens to be an S/R flip; $7,350 and $7,500 prices are acting as major resistances The downfall below $7,500 has been quite rapid in a 24-hour time frame Bitcoin trades...

Bitcoin Cash (BCH) Remains Above $210 After Declining by More Than 5%


BCH seems to have a support level at $210; gearing up for a rebound Binance coin has breached major support levels over the last two days A strong bearish trendline has taken place; current consolidation shows a bit of ambiguity Technical indicators give mixed signals while Bollinger bands head...

How the Upcoming Bitcoin Halving Compares to Previous Cycles


For those standing very close to the crypto charts, it might be easy to get discouraged by the gloomy nature of recent markets. However, new comparisons of the current halving cycle to those in the past have emerged and might put some wind back into the sails of traders, hodlers, and cryptocurrency...

Bitcoin and Altcoins Restart Downtrend, Bulls Under Pressure


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...

Skrill Now Lets You Swap BTC for BCH


Online payments service Skrill has introduced a new feature allowing users to directly exchange cryptocurrencies. The crypto-to-crypto option gives you the opportunity to use bitcoin core (BTC) stored in your wallet to buy and sell eight other supported cryptocurrencies, including bitcoin cash...

The Jim Bell System


As I write this article on July 3, 2002, I am already hearing out my window the occasional pops of micro-explosives enthusiasts getting a head start on their annual excuse to play with things that go bang and supposedly celebrate their freedom. Tomorrow, libertarians across the country will use...

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit


Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...

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