Key Points Bitcoin cash price tumbled and broke the $125 and $100 support levels against the US Dollar. There is a monster bearish trend line in place with resistance at $120 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently at a risk of more losses below the…
Crypto markets have been pounded again as a red Friday rout sees $15 billion more leaving the space. Nearly all digital currencies are in a world of pain, plunging to their lowest levels in almost 18 months. Bitcoin has led the drop when it fell through support and hit a 2018 low of $3,400 a…
After being unable to stabilize above the important psychological price level of $4,000, Bitcoin has continued to sell-off and is now approaching its 2018 lows. Bitcoin’s latest leg down has led to a widespread market drop that has seen many altcoins drop 3% or more over a 24-hour trading period. At the time of writing,…
Cryptocurrency markets falling back mid-week; Bitcoin Cash is evaporating, and EOS melting while Waves rides high. Markets are continuing to fall back as the week goes on and the general trend since the weekend has been downwards. Gains that are made do not last long and total market capitalization is back around the $125 billion…
The outspoken CEO of Bitcoin.com believes that the future of cryptocurrencies like Bitcoin and Bitcoin Cash is bright, despite the current market sentiment, fearing that the budding financial technology has already met its demise. Roger Ver: Based on Fundamentals, Crypto’s Long-Term Future is Bright Roger Ver is a polarizing character in the cryptocurrency industry. Love…
Key Points Bitcoin cash price broke the $170 and $165 support levels plus extended losses against the US Dollar. There is a major bearish trend line formed with resistance near $168 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently under a lot of pressure and it could…
Key Points Bitcoin cash price is currently consolidating and it could decline below $160 against the US Dollar. There is a major bearish trend line formed with resistance at $190 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is struggling to break the $190-200 resistance area and it could…
Key Points Bitcoin cash price remained below the $200 resistance and corrected lower against the US Dollar. There is a major bearish trend line formed with resistance near $193 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could consolidate in the short term below $195 and $200 before the…
Barry Silbert, founder of Digital Currency Group, has weighed in on the current state of the cryptocurrency industry. Amongst other topics, the early Bitcoin investor and proponent commented on the recent Bitcoin Cash hard fork. Silbert: BCH Fork Was a “Disservice” to the Industry One of cryptocurrency’s early proponents and the founder of blockchain startup…
As Bitcoin spirals to new 2018 lows and drags the enitre cryptocurrency market down with it, investors and analysts are becoming increasingly interested in the factors that could be contributing to this drop that extends further than simply a lack of buying volume and increased selling pressure. At the time of writing, Bitcoin is trading…