By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen. A number of indicators have been used to get as accurate a price prediction as possible but the overall trend line is usually the most…
More pain for crypto markets today, Ethereum and BCH in trouble, Stellar sliding, only Waves making moves. Following yesterday’s $7 billion crypto market dump things stabilized for a while but have just started to head south again accelerating losses. Total market capitalization has shrunk again in the past couple of hours as another $3 billion…
Following a long period of sideways trading, Bitcoin (BTC) has now broken down below its previously established support level around $3,500. Today’s drop appears to have allowed BTC to establish support in the $3,400 region, but further volatility could easily push it down towards $3,000, where the cryptocurrency has significant buying pressure. Analyst are conclusively…
The past year has been long and difficult for everyone involved in the cryptocurrency industry, and the markets are now reaching a point that will mark the longest ever Bitcoin (BTC) price correction in the cryptocurrency’s wild, albeit brief, history. For investors who have been riding the markets ever since Bitcoin hit nearly $20,000 in…
Since early-2018, Bitcoin and cryptocurrency investors alike have been caught in what seems to be a large sea full of endless waves comprised of price drops, fake news, accounts of fraud, and countless other examples of occurrences that have shaken out the weak speculators. This has left behind a community of investors who either ardently…
This year has certainly been a tumultuous one for cryptocurrency. What started off with a bang ended with a whimper as the entire market shed 84% and $700 billion exited the scene. To round out 2018 we will look back at key events in what has been the year of the bear for crypto. Looking…
A veteran commodities trader who was responsible for one of the most accurate price calls in cryptocurrency history has spoken about where he believes the price is now heading. Peter Brandt correctly predicted that the speculative mania surrounding the Bitcoin price was over back in January and that the asset would lose 80% or more…
Crypto markets dump to new lows again; Bitcoin Cash, SV, nearly dead, Litecoin surviving. As predicted yesterday crypto markets have dumped to a new low during intraday trading. A minor recovery during the week could not be sustained and total market capitalization has fallen to a new low of $101 billion a few hours ago.…
Cryptocurrency markets in predictable pain as the week ends; Bitcoin Cash, SV, getting killed, Stellar not far behind. As if scripted by some kind of delirious director, crypto markets are dumping again this Friday. The same thing happened last Friday and the one before that and the end of week selloff is getting a little…
The latest statistics regarding ICO funding in recent months shows that investors continue to turn away from investing in ICO projects amidst the persisting crypto bear market. The statistics, which were reported in the latest issue of the Diar digital asset newsletter, show that ICO fundraising in November plummeted to the lowest level of 2018. The…