BTC price tabs $18,100 for the second time as price respect weekly downtrend. Price continues to trade below 50 and 200 Exponential Moving Average (EMA) on the daily timeframe. BTC price bounced on the four-hourly chart after a bullish divergence appeared. The price of Bitcoin (BTC) has had a rough week against tether (USDT) as…
Bitcoin (BTC) hasn’t been in its best state lately, falling from a high of over $69,000 to the current price of around $19,174. While the coin has lost over 71% of its value since November 2021, some key experts believe it’ll lose more before finding stability again. According to Florian Grummes, the managing director of…
Bitcoin (BTC) despite showing bearish signs against tether (USDT) as the price plunged to $18,500 recently, with many traders and investors sweating on their long open position. The price of Bitcoin (BTC) quickly bounced off from that region after forming a bullish divergence on the four-hour chart and has shown no intention of stopping. (Data…
Bitcoin price has been trading sideways in the past weeks, significantly declining from the $29,000 support. This bearish pattern spread panic among traders but has not deterred miners. Instead, Bitcoin mining participants appear to have increased. This is evident in the increased mining difficulty, which soared to a new record high. According to available data, Bitcoin…
BTC price ranges below 50 and 200 EMA on the daily timeframe. Price continues to range in an asymmetric triangle during the four-hourly timeframe. BTC price closes the week bearish for two weeks as the price gets stuck between bulls and bears. The price of Bitcoin (BTC) has seen more of a drawback than a…
The government of Sweden has found itself in the unusual situation of paying out around $1.5 million worth of Bitcoin to a drug dealer, whom they convicted and then jailed. Authorities are being forced to pay the man 33 BTC, after his illegally obtained bitcoin appreciated while behind bars. A Swedish Prosecutor’s Mistake Two years ago,…
Este artículo también está disponible en español. After weeks of massive volatility, Bitcoin faces heightened risk after failing to break above a key resistance level of around $64,000. Following the Federal Reserve’s decision to cut interest rates, many investors and traders anticipated a full-blown rally throughout October. However, it appears that the expected surge may…
Nayib Bukele, El Salvador president, has claimed that 2.1 million citizens are using the new government-backed Chivo cryptocurrency wallet. In a tweet, he implied the apparent success of Bitcoin in the country.El Salvador recently adopted bitcoin as a legal tender on September 7, 2021, being the first country to do so. Related Reading | Just 10…
The recent bitcoin correction down from its all-time high has had the market in a panic in the past week. However, not everyone has seen it as a bad omen. The digital asset’s price had gone down below $60,000 causing investors to believe the bear market had arrived. Mostly, small-time investors had been hit the…
An unknown Bitcoin wallet has emerged as the global third-largest BTC holder. The wallet used three months to accumulate BTC to climb to its present position in the ranking of holders. Following the recent revelation, some speculations and theories have been trending about the owner of the mysterious wallet. BitInfoCharts Shares Data About Mysterious Wallet The…