China’s National Development and Reform Commission has reevaluated its initial plan, proposed 6 months ago, to terminate Bitcoin mining in the cryptocurrency space in China. The NDRC, which is a well recognized economic structuring authority under China’s State Council, has released a fresh filing for Guiding Industry Restructuring, on the 6th of November. This fresh […]
GBPJPY Price Analysis – November 6 GBP has gone to and fro versus JPY in the course of the most recent few weeks, essentially processing additions from the enormous spike higher that we had seen beforehand. However, the pair has been in a consolidating trend since the start of the trading session and therefore we […]
For the past 24-hours, Bitcoin has been trading below $9500 despite struggling to break away from a tight area since late October. Currently, BTC is priced at $9400 after seeing a small price increase of +1.12% overnight. However, if the price can close well above the $9500 today, we can expect $10000 to come into […]
The dollar had a slight bounce after a ray of optimism following speculations of a preliminary agreement been reached in the U.S.-China trade talks. There seems to be progress made in the talks between the two countries as the U.S. is considering dropping some tariffs on Chinese goods, a report says. The trade war which […]
Yesterday, Bitcoin (BTC) shifted its trading price range to $9600 high and has continued to fluctuate to a lower price range of $9000 for a while now. The market appeared neutral on the 4-hour but has switched to a bullish trend on the hourly. Meanwhile, BTC is now sitting at $9278 support zone but may […]
NEXT BLOCK ASIA returns to Bangkok for another landmark Crypto and Affiliate industry event on December 3, 2019. The capital of Thailand will become a bustling hub for Affiliate Marketing, Crypto and Fintech experts for the second time this year. The conference will run upon an umbrella theme ‘Affiliate Marketing in the Age of Crypto’ […]
Before we go into the details of the best indicators, we have to first understand what indicators are. Indicators are instruments used in technical analysis to assist traders in predicting price activities. Simply put, indicators use mathematical algorithms to provide traders with what the market will probably do next. Top Five Bitcoin Indicators 1. Ichimoku […]
USDCHF Price Analysis – November 5 USDCHF is beginning to flash fresh positive trends and has kicked off the resumption of its recent rally over the next few days if the present support levels hold. The rebound took the price from a low of the level at 0.9851 to the intraday high on the level […]
Bitcoin is back on bullish mode after breaking a symmetrical triangle to a new channel formation, although the $9400 resistance was slightly broken yesterday but got rejected at $9644 on Bitfinex. BTC is currently retracing to $9100, following the channel pattern shaping on the hourly chart. However, Bitcoin is currently trading at $9350 with a […]
