The Securities and Exchange Commission of the United States has proven that it is not slowing down any time soon on its mission to keep crypto-activities in check as its compliance department has included FinTech and digital assets as a top priority in 2020. This new development was announced via a press release from the […]
Read moreKey Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin has risen above the $8,000 price level. As earlier anticipated in the previous analysis, the bulls have successfully broken the resistance at $7,600 and $7,800. The bears have succumbed to the bulls at the resistance levels. […]
Read moreXAUUSD Price Analysis – January 8 Gold has reduced some of its early strong gains and now seems to have stabilized beneath the $ 1,600 price levels. The yellow precious metal has added gains in its recent achievements and spiked to the highest level since March 2013 during the Asian session on Wednesday amid growing […]
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• Bitcoin may completely reverse to $13000 if the six-month channel breaks. • A drop below $8000 would allow correction to $7800. • Bitcoin reached $8400 with a weekly gain of 15%. Bitcoin has now met a short-term resistance of $8400 after witnessing five days positive move. This resistance would determine whether the bullish will […]
Read moreKey Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bullish There is no denying the fact that the bulls have broken above the $42 resistance level. The bullish move has been sustained as the market continues its bullish run. The market is currently facing little resistance at the […]
Read moreETHUSD Price Analysis – January 7 A thick zone of support levels should be noted in the former zone of price consolidation for the second cryptocurrency, which was established between November 23 – December 15 before the breakthrough occurred. Now it acts as a barrier at the level of $ 140-155. Key Levels Resistance Levels: […]
Read moreUSDCHF Price Analysis – January 7 The USDCHF pair broke through the 0.9700 level, supported by the wide potential of the US dollar. At the time of writing, the pair has grown by 0.35% per day at 0.9715. Although the forecast for the currency pair is negative, and a direct downward slope is maintained at […]
Read moreTaxBit, a cryptocurrency-based tax compliance company, has just concluded a fundraising project. The event saw the company raise $5 million in total, and had the Winklevoss twins’ investment firm, Winklevoss Capital in attendance. There were several other prominent investment houses in attendance at the fundraising event. The event was hosted on the 6th of January […]
Read more• Bitcoin keeps flaunting bullish pattern but a downward correction may come soon. • Short-term bullish remains valid but Bitcoin may correct slightly down before rally continues. Bitcoin continues to follow a bullish sentiment after breaking out of a critical resistance of $7800 yesterday. BTC has recorded a 24-hour high of $7860 on Bitfinex. If […]
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