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Bitcoin Price Technical Analysis for 23rd Mar 2018 â Another Reversal Pattern
Bitcoin Price Technical Analysis for 03/23/2018 – Another Reversal Pattern Bitcoin Price Key Highlights Bitcoin price failed to break past the $9,000 level after news of a potential shutdown of Binance in Japan broke out. However, bitcoin price could still form an inverse head and shoulders pattern, which is a potent reversal signal. Technical […]
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Price Analysis, March 21
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Price Analysis, March 21 The G20 considers cryptocurrencies risky, said the head of Italy’s central bank, but the broad consensus is that they should not be banned. After days of negative news, this is a positive shift for the cryptomarket. Led by Bitcoin, most […]
Bitcoin Price Breaks $9,000, Does Not Stay For Long
Bitcoin Price Breaks $9,000, Does Not Stay For Long March 20: the Bitcoin (BTC) price broke the $9,000 mark today after a rough start to the year in which the price decreased by nearly 70 percent from the December high of $20,000. Following the December high the BTC price has moved downward in fits and […]
Bitcoin Following Nasdaq Path but 15 Times Faster
Bitcoin Following Nasdaq Path but 15 Times Faster Morgan Stanley put out a note to its clients on Monday the 19th breaking down Bitcoin trading in comparison to the Nasdaq during the dot-com crash 20 years ago. Bitcoin Similar to Dot-Coms Through Bear Markets According to the report, Bitcoin is behaving very similar to the […]
Bitcoin Price Surges 10% as G20 Will Not Crackdown on Cryptocurrencies
Bitcoin Price Surges 10% as G20 Will Not Crackdown on Cryptocurrencies The G20’s announcement that it will pivot away from creating new regulations in favor of examining existing rules gave the cryptocurrency market a much needed seeing Bitcoin surge by $1000. No New Regulations The anticipation of what new regulations might come of the […]
Bitcoin Cash Price Weekly Analysis â BCH/USD Remains at Risk
Bitcoin Cash Price Weekly Analysis – BCH/USD Remains at Risk Key Points Bitcoin cash price struggled to recover and moved below the $950 level against the US Dollar. There is a crucial bearish trend line forming with resistance at $975 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX). The pair remains […]
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Price Analysis, March 16
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Price Analysis, March 16 Fundstrat's Thomas Lee believes that Bitcoin mining is an unprofitable venture at current prices. A model developed by his data science team has pegged the breakeven price at $8,038. If prices fall further, the miners will start to lose money […]
Bitcoin analysis – How low can it go?
Bitcoin Price Analysis – How Low Can It Go? Bitcoin is showing more bearish momentum so it's time to look at the next downside targets. Bitcoin looks ready for more losses as price gained downside traction after its break below a double top neckline. Applying the Fibonacci extension tool on the latest correction shows the […]
Bitcoin Facts You Should Know
Bitcoin Facts You Should Know Bitcoin is not a fraud, nor is it a golden nugget. People continue to have strong views and positions on what bitcoin is and debate on its potential, legitimacy and relevance. The discussions are meaningful and leave many more thoughts for us to ponder. But those are opinions, and while […]
Japan’s Third-Largest Electric Provider Is Testing Bitcoin On Lightning
Japan's Third-Largest Electric Provider Is Testing Bitcoin On Lightning Japan's third-largest electricity provider is emerging as one of the first major companies in the world to trial a promising bitcoin payments technology. Revealed exclusively to CoinDesk, Chubu Electric Power Co. has entered into a proof-of-concept with local bitcoin and Internet of Things (IoT) startup Nayuta, […]