Against the US Dollar, Bitcoin’s price is flagging and struggling with $9000 from below and $9400 from above. Since BTC touched $10350 on October 26, the price has seen a substantial decrease, although Bitcoin now opens at $9100 on a fresh month. The next coming days should give us a clue on where the price […]
XRP’s daily transaction has just taken a new leap. The cryptocurrency now has about 1.7 million daily transactions, which has been recorded as an all-time high. In a report by cryptocurrency data tracker, BitInfoCharts, a little above 50% of all cryptocurrency transactions in the past few days were XRP transactions. Ether (ETH) and Bitcoin (BTC) […]
Just like it was held before breaking in August, the $9000 support has again continued to hold tight against a bearish surge for the past four days now. The bulls are staying on top of the game as they hope for a rebound. On the 15 minutes time frame, Bitcoin has made a double-bottom and […]
Since our previous analysis, Bitcoin has remained quiet and indecisive in a symmetrical triangle formation on the 4-hour and hourly chart. The trading volume has seriously dropped but the bullish trajectory remains as Bitcoin continues to form a flag pattern. The crypto trading signals that something big is coming up for BTC sooner or later. […]
Bitcoin’s price continues to hover around $9350 after falling sharply from the $10500 area during last weekend’s trading, although held support at the $9000. BTC is keeping a bullish momentum as the price may also fall seriously if a bearish step-back occurs. However, BTC seemed to have made a reversal as more upward movement is […]
According to a news report by CCTV on the 26th of October, the Standing Committee of the 13th National People’s Congress in China has approved a new rule to govern cryptography in the country. This new rule will become effective as from the 1st of January 2020. According to the report by the local news […]
Bitcoin is called “digital gold” due to the similarities it shares with real gold. However, a new counterfeit problem on gold is rocking the market. This has caused Bitcoin to gain more edge as a safe-haven over gold for investors. Fake Gold Saturating the Markets The image of the precious metal sector is being tainted […]
After dropping from around $10500 over the weekend, Bitcoin has been roaming around the 9500 price zones, an indicator of weakness in buying pressure. Inversely, the bears appeared to be defending the $10000 resistance. Still, BTC is up by +2.60% overnight as we can expect a more positive move to play out if the buyers […]
Bitcoin surged almost +50% gains over the last two days of trading, following the October 25 sudden price increase that made BTC hit $10500 – the September drop level. The price has dropped and Bitcoin is now trading at around $9500 which makes the market to remain bullish. However, Bitcoin is up by +3.92% and […]
