The United States Securities and Exchange Commission revealed that it has restricted securities trading of 271 providers and some digital assets in 2019. The SEC published its annual filing for 2019 on the 6th of November, noting that the amount of restrictions this year is just a little less than that of 2018 which was […]
Bitcoin has continued to maintain $9200 as its average weekly price after showing equilibrium in the demand and supply over the past few days. Currently, the market has seen a relative price reduction over the past two days now and at the same time traded below the $9400 since yesterday. If Bitcoin can break away […]
Since our previous crypto trading signals, Bitcoin’s price has dropped a bit to the lower trading range of $9300. Meanwhile, the bearish pin bar spotted during the London session has played out as a reversal during the New York session. However, the next major move is likely to surface during the Asian session. For now, […]
China’s National Development and Reform Commission has reevaluated its initial plan, proposed 6 months ago, to terminate Bitcoin mining in the cryptocurrency space in China. The NDRC, which is a well recognized economic structuring authority under China’s State Council, has released a fresh filing for Guiding Industry Restructuring, on the 6th of November. This fresh […]
For the past 24-hours, Bitcoin has been trading below $9500 despite struggling to break away from a tight area since late October. Currently, BTC is priced at $9400 after seeing a small price increase of +1.12% overnight. However, if the price can close well above the $9500 today, we can expect $10000 to come into […]
Yesterday, Bitcoin (BTC) shifted its trading price range to $9600 high and has continued to fluctuate to a lower price range of $9000 for a while now. The market appeared neutral on the 4-hour but has switched to a bullish trend on the hourly. Meanwhile, BTC is now sitting at $9278 support zone but may […]
Before we go into the details of the best indicators, we have to first understand what indicators are. Indicators are instruments used in technical analysis to assist traders in predicting price activities. Simply put, indicators use mathematical algorithms to provide traders with what the market will probably do next. Top Five Bitcoin Indicators 1. Ichimoku […]
FTX, a cryptocurrency derivatives exchange has bagged a $150 million lawsuit from Bitcoin Manipulation Abatement LLC. The lawsuit was based on the premise that FTX violated the rules guiding cryptocurrency, by manipulating markets and peddling unregistered securities in the US. The lawsuit was uploaded onto social media by End of the Chain host, Samuel McCulloch […]
Bitcoin’s trading has continued to struggle between tight ranges of $9000 – $9400 for some days now. The sideways move was due to the flash drop from $10350 in late October and most especially a sign of capitulation in the market. Bitcoin may remain in a range-bound if the above price zones hold tight. However, […]
