The creator of crypto wallet provider DropBit, Larry Harmon, has been arraigned for being responsible for laundering about $311 million with Bitcoin privacy instruments. Harmon is also the Chief Executive Officer of media site Coin Ninja. Federal prosecutors of the US are indicting Harmon with conspiracy to launder money and running a fund transaction business […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is on the downward move because of the resistance at $10,400. Yesterday, the market reached a high of $10,460 but the bulls could not sustain the upward move above the resistance at $10,360. In retrospect, the […]
• Bitcoin corrects downward after meeting tough resistance around $10450. • If Bitcoin fails to regain momentum at $10200-$10000 support area; a bearish correction could occur. Over the last 24-hours, Bitcoin’s price has remained under $10500 after seeing about 8% increases this week. The price increase made Bitcoin to mark a fresh yearly high at […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Today, the bulls broke above the target price of $10,360 and reached a high of $10460. Unfortunately, Bitcoin is retracing after being resisted at $10,400. On the downside, if price retraces to the $10,000 support and holds, […]
• Bitcoin regain momentum at $9700 support after a strong bullish actions • The next short-term target for Bitcoin is $11000 After locating support around $9700, Bitcoin bounced back above the previous high of $10200 level. Not just that, Bitcoin has marked a new high around $10350 on Bitfinex today. The bulls are back again. […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Despite, the recent retracement to the low of $9,729, the bulls lived up to expectation. Today, the price has gone up to the high above $10,250. As the price rebounded from the low, the bulls will pick […]
• Bitcoin’s major level for a rebound lies at $9600 support • If the buyers fail to regroup at this support, Bitcoin would be doomed for short-term bearish After facing rejection around $10200 yesterday, Bitcoin has further dropped to the $9700 area we mentioned in our previous crypto trading signals. This hourly support has seen […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, Bitcoin traded and climbed above the $10,000 price level. The upward move to the new high was short-lived as the bulls were resisted. The bulls were resisted at a high of $10,165 and the coin fell […]
• If Bitcoin fails to reclaim $10000 price level, short-term bearish is likely to play out • Bitcoin flashes drop to $9700 after losing 6% from a 3-month high. A few hours ago, we saw Bitcoin losing about 6% after opening short around $10190 today. This sharp drop in price has led most correlating altcoins […]
