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 […]
Kryptoin Investment Advisors, an asset managing corporation in Delaware has submitted a proposal to roll out a Bitcoin Exchange Traded Fund (ETF) with the Securities and Exchange Commission. The Bitcoin ETF In the documentation released by the SEC, it was pointed out that the fresh Bitcoin ETF Trust by Kryptoin will be sold on the […]
While the bulls anticipated for a retest at $9000 resistance zone, Bitcoin caught traders unaware with a violent breach on $7700 support yesterday. Where erasing the memory of retesting the $9000, the $7700-$8000 price ranges are now key resistance zones for a possible retracement. Following a sharp rebound at $7300, Bitcoin is now waiting at […]
According to a press release on the 15th of October, Bitstop, a Bitcoin ATM enterprise, has launched a Bitcoin ATM at the Miami International Airport. The ATM is stationed at the concourse G after gate 16. Strategically Located The enterprise has said that the machine was strategically situated, considering that Miami’s airport is number 3 […]
