A portion of fresh cash liquidity supplied by the global central banks has made its way into the bitcoin market, says Mati Greenspan, the founder of Quantum Economics.The prominent market analyst told BlockTV that the cryptocurrency – more or less – behaved like stocks as it rose from $6,430 to well above $10,000 in just…
Bitcoin’s trademark price volatility is now near its record lows, according to data gathered by Skew.The crypto data analysis portal highlighted that the realized volatility of the BTC/USD pair dropped to 53 percent over the last three months – from 70 percent on a one-year timeframe. It further noted that the dip in bitcoin’s volatility…
Bitcoin price formed a short term top near $10,200 and declined recently against the US Dollar. BTC might continue to decline, but the bulls are likely to remain active above $9,500.Bitcoin is slowly correcting lower below $10,000 and $9,850 against the US Dollar.The price even broke the $9,800 area and it might extend its downside…
Ripple is declining from the $0.2900 resistance area against the US Dollar. XRP price broke $0.2700 and it could continue to correct lower towards the $0.2600 support.Ripple price started a downside correction after it failed to test $0.3000 against the US dollar.There was a break below the $0.2800 and $0.2700 levels.There is a key declining…
Ethereum price started a downside correction from the $230 swing high against the US Dollar. ETH is currently declining and it remains at a risk of more losses below $215 and $2152.Ethereum declined below the $225 and $220 support levels against the US Dollar.The previous support at $225 is now acting as a major resistance…
Bitcoin slipped huge a day after enjoying a strong price rally above its key resistance level of $10,000.The benchmark cryptocurrency was trading at $9,736 early Monday, down 4.35 percent from its Sunday top, according to US exchange Coinbase. Nevertheless, it was still up by more than 36 percent at its intraday low, maintaining the position…
Bitcoin price climbed steadily above the $10,000 resistance against the US Dollar. However, BTC could correct lower towards $9,850 before it rallies towards the $10,500 area.Bitcoin is currently facing resistance near the $10,200 area against the US Dollar.The price is now showing signs of a downside correction below the $10,000 level.There was a break below…
Ethereum price extended its rise above the $220 resistance area against the US Dollar. ETH is currently facing hurdles near $230 and it could correct in the short term.Ethereum is facing a key resistance near the $230 area against the US Dollar.The price might correct a few points towards $223 or $220 before climbing again.There…
XRP didn’t have a good 2019 by any means. The third-largest cryptocurrency, third to Bitcoin and Ethereum, actually fell by 50% against the dollar in 2019, dramatically underperforming Bitcoin’s 95% gain and a near-record run in the stock market and in real estate.But, over the past few weeks, prospects for the leading altcoin have improved,…
Over the past week, Bitcoin has been on an absolute tear, rallying by 8.7% in the past seven days, per data from Coin360. The price of the leading cryptocurrency’s latest rally has been marked by BTC ripping past key price points in the $9,000s, then most recently decisively taking the psychological $10,000 level.Although already impressive, analysts…