Blockstale BTM, the firm that has launched the ATM in the Lagos state’s Dazey Lounge and Restaurant, plans to introduce more than 30 terminals throughout Nigeria. “Considering most of the regulatory concerns regarding digital currencies in Nigeria, Nigerians are the top cryptocurrencies merchants in Africa,” CEO and owner of Blockstale, Daniel Adekunle, informed the local […]
• The price dropped below $6300 level after losing 3.49% today • Bitcoin resumes selling pressure after facing strong rejection at $6600 resistance • The next price target for Bitcoin is located at $6000. After opening short for the new month, Bitcoin lost 3.49% today to reach a current daily low of $6170 mark. As […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin went up again as the bears were unable to break the next support at $5892. The bulls were attempting to carry price above the breakout level of $6,400. Bitcoin has moved up but it is fluctuating […]
• Bitcoin is still facing crucial resistance around $6900 resistance • While BTC holds temporal support at $5880, a rebound at $6300 could provide a fresh increase for Bitcoin Bitcoin is showing a sign of bullish for some days now but the $6900 resistance has continued to pose a serious threat to the bulls. Though […]
Huobi, situated in Singapore, is the recent crypto exchange to introduce perpetual swaps. The new product is presented live on Huobi DM, the derivative trading platform for the company. BitMex-like future no-expiry contracts, better known as perpetual swaps, are becoming increasingly prevalent amongst crypto exchange firms. Binance and OKEx launched perpetual swaps last year and […]
• While Bitcoin remains bearish on the weekly chart, the bulls are struggling to regain control • The only condition for a bullish continuation is if Bitcoin can increase well above $7000 After struggling to stay above $6900, Bitcoin turned weak and saw a 10% drops during the weekend. This price drops led to a […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin has continued its downward move as the market reaches the low of $5,956. The price is fluctuating below and above $6,000. A downward move is still being expected. Analysts are of the opinion that if Bitcoin […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin has finally dropped to a low of $6,200 and the downward move may continue. The downward move became necessary because the bulls failed to breach $7,000 overhead resistance. For over a week, BTC has been trading […]
• Bitcoin continues to hold gains around $6700 after two weeks of recovery • A break above $6900 could fuel more bullish rally to $7500 in the coming days Bitcoin’s volatility is still shrinking at around $6700 for the past few days now, showing no sign of interest amongst traders. While the $6900 level […]
