I’ve said it once and I’ll say it again: Bulls really can’t catch a break. Over the past few hours, Bitcoin has continued to tank, building on the drop to $9,300 that already transpired on Tuesday morning.As of the time of writing this, the leading cryptocurrency is trading for $9,125, down 4% in the past…
Bitcoin’s recent price action has done tremendous damage to the bullish market structure that the cryptocurrency was able to form throughout the past couple of months, with many analysts now noting that the crypto could be poised for significantly further downside.One top analyst is now noting that one technical indicator that spells trouble for where…
XRP, the native crypto to the Ripple protocol, just flashed a major buy signal, just as the altcoin reaches a major pivot point.Could this be the start of a monstrous rally that will cause shock and awe throughout the crypto market?XRP/BTC Triggers Buy on TD9 SequentialAlthough XRP has held its position as the number three…
Bulls can’t seem to catch a break. Bitcoin once again continued to trend lower on Tuesday, falling from $9,550, where it traded at for most of Monday, to prices as low as $9,325 as of the time of this article’s writing. Per data from CoinMarketCap, BTC is now down 3.5% in the past 24 hours.Despite…
The crypto market has recently reached levels of greed after spending much of the second half of 2019 in fear of further downside in the asset class.However, sentiment has just flipped back to bearish after spending the first two months of 2020 bullish. Could this signal that the crypto market is about to crash? Or…
Bitcoin price just smashed through $9,500 after repeated tests, causing a flash drop to $9,350 that liquidated $41 million in long positions in just minutes.Is this the start of a much deeper drop, or was this the test of support before Bitcoin rockets higher?Bitcoin Price Plummets to $9,350 in a FlashBitcoin price has been in…
Bitcoin struggled to stay above $9,750 and declined towards the $9,500 support against the US Dollar. BTC price could decline heavily if it settles below the key $9,500 support.Bitcoin price struggled to continue higher and declined below $9,750 against the US Dollar.A strong support is forming on the downside near the $9,500 area.There is a…
After surging as high as $10,000 on Sunday evening, Bitcoin slumped. The cryptocurrency, which has been subject to extreme volatility over the past two weeks, suddenly plunged from $10,000 to $9,700, then continued to drop to a daily low just below $9,500 just hours later.Despite this rapid reversal, there is a silver lining.The Silver Lining…
Despite having apparently lost his own Bitcoin holdings through private key mismanagement, Peter Schiff now seems to be an expert in securely storing the crypto asset. Apparently, the experience has given the BTC naysayer the authority to pass judgement on similar incidents of carelessness.Commenting on the recent example of an Irish drug dealer apparently losing…
One of the earliest Bitcoin proponents is facing criticism for publicly endorsing an alternative crypto asset. Trace Mayer, who recommended people buy Bitcoin back in 2010, appeared on a recent YouTube interview talking very highly of Mimblewimble Coin.Industry observers have taken issue with the fact that Mimblewimble Coin launched with a 50 percent pre-mine. Many…