• Bitcoin’s price cuts $2400 in a day to reach a 3-month low • If Bitcoin finds support on the weekly triangle, we can anticipate a quick recovery in no time. Today, Bitcoin saw another big shock-wave in the market, crashing 33% from $8000 to $5600 a few hours ago. So far, today’s drops […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish BTC/USD pair is now consolidating above $7,800 after its recent fall from $9,200. After it fell to a low of $7,700, the price has been fluctuating above $7,800. At the moment, the bulls are defending the current […]
• Bitcoin remained trapped in a three-week descending channel on the 4-hours chart • The $8200 level is now a crucial resistance for Bitcoin Yesterday, Bitcoin saw a small bounce to near $8200 but failed after witnessing a quick sell to $7760. Meanwhile, the current $7700 support has continued to suppress selling pressure. Due to […]
Tiffany Hayden is regarded as XRP’s major supporter, but she sold all of her XRP stocks, citing discrimination in the XRP community at large. Tiffany Hayden, who was self-declared CEO of Ripple XRP, surrendered her position due to the XRP group harassment. She talked about her sentiments in a progression of tweets after she began […]
• Bitcoin saw 0.33% increases overnight but the downward trend remains valid • The price could retrace back to $8500 if Bitcoin keep respecting the 4-hours channel Following the $1500 drops in three days, Bitcoin appeared to have found temporal support around $7700 for the past 24-hours. Meanwhile, the bears are a bit weak at […]
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’s upward move was interrupted because there was heavy selling above $9,500. The bulls buying power could not sustain higher price levels. The bulls were resisted at $9,200 as the downward movement continues. The price breakdown extended […]
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 at present is approaching the low of $7,800. The current downtrend broke the critical support levels of $8,400, $8,200 and it is approaching the low of $7,800. The current selling pressure was as a result of […]
Confiscated Bitcoins and Bitcoin forks worth about $125,000 will be sold through Wilsons Auctions, an Irish auction house. The auction house is located in Ireland. Belgium will announce the sale of its confiscated cryptocurrency at noon on March 24 without a reserve of GMT, according to an announcement at Wilson auctions, which means that a […]
In July 2018, India’s apex bank, The Reserve Bank of India (RBI) placed a blanket rule against businesses dealing in cryptocurrency. The apex bank had cited concerns of the banking sector being in impending danger if the activities of companies transacting in cryptos were allowed to continue. It was also worried about the spate of […]
