Despite the course of the global COVID-19 epidemic and fears about continued quarantines and slowing growth, it appears that many people across the globe are shifting to cryptocurrencies, Russia is no exception. During the ongoing coronavirus epidemic, people in Russia are now progressively involved with crypto platform services, as shown by reports from cybersecurity company […]
• On the hourly chart, Bitcoin is consolidating around $6700 following a sharp recovery from $6600 level • After dropping off a month’s wedge, Bitcoin confirms reversal with a head-and-shoulders pattern on the 4-hours chart. Starting the week with a 3% loss, Bitcoin’s price is now floating around $6700 against the US Dollar following a […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Following the breakdown on April 10, the bulls have continued to sustain Bitcoin above $8,000 support. Analysts agree that continuance sustenance may bring about a rebound above the current support. This will propel Bitcoin to reach the […]
Cryptocurrency Ponzi scam operators are also not resistant to low prices but identity theft and conning scams are increasing. Based on a recent study released by blockchain sleuth Chainalysis, cryptocurrency Ponzi scams earnings reportedly plummeted 33 percent since March 8 (from $4.2 to around $2.9 mln). Hacking, conning, and email spam scams are filling the […]
• The price is approaching $6700 support, but Bitcoin could bounce back if the level holds • To reactive bullish actions, Bitcoin would need to retake $7450 resistance level Bitcoin finally made the big move as mentioned in our previous crypto trading signal. This time, it was a heavy drop beneath the $7000 level. After […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish For the past few days, the bulls have been able to sustain above the $7,000 support. On the other hand, the bulls have failed to break $7,400 and $7,500 resistance. BTC could have reached the highs of […]
Robert Kiyosaki, the author of Rich Dad Poor Dad, clarified his adoption of Bitcoin as an asset beyond conventional financial markets. Kiyosaki criticized the Fed, calling it a world-controlled “cartel.” As an asset operating outside the conventional financial system, Robert Kiyosaki clarified his support for Bitcoin. Kiyosaki, the author of the influential Rich Dad Poor […]
• Bitcoin is primed for a fresh rally but the price remains trapped with an hourly symmetrical triangle • If the bullish flag pattern fails, Bitcoin may roll back to $7100 After a quick bounce from $7072, Bitcoin keeps finding it difficult to push the price above the current weekly high of $7450. Despite that, […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Since April 6, BTC reached a high of $7,364 and resumed consolidation above $7,300. The market has been fluctuating above that level. The bulls are struggling to sustain the upward move while the bears are providing stiff […]
