The entire bitcoin trading community is holding its breath for a crucial bullish signal known as the Golden Cross. It started on April 2 when the bitcoin price – at last – broke above a stringent resistance area and surged 23 percent in a day. This upside swing changed the market’s entire dynamics. Almost all…
Bitcoin price remained well supported above the $5,200 and $5,160 levels against the US Dollar. The price is slowly grinding higher and it may well climb above the $5,350 level. There is a major ascending channel in place with support at $5,210 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
After losing its major upwards momentum roughly ten days ago when Bitcoin failed to break above $5,400, BTC has been able to hold steady above $5,000 and has tepidly clawed its way upwards towards $5,300. Now, one analyst believes that Bitcoin will incur just enough buying pressure to propel its price up towards $5,800, at…
It’s no secret that over the past several decades politics in the United States have become increasingly about appealing to voter blocks, and regardless of whether or not this is good or bad, this trend may ultimately prove to be beneficial for the crypto industry. Because the number of cryptocurrency investors in the United States…
The story of what Binance CEO Changpeng Zhao has been able to accomplish a little under two years has been nothing short of incredible. Having launched in July of 2017 amidst stiff competition from well-established rivals and a feverishly bullish market driven by Bitcoin hype, rather than pose a challenge for Zhao, the combination was…
Bitcoin prices up 4.6 percent in the last week Bullish projection cement our assertion of shifting sentiment from bearish to bullish At spot rates, the crypto market is far from the $880 billion valuation of late Dec 2017. Even so, as Bitcoin (BTC) prices recover, bottoming up and closing above $5,000, odds are the next…
The untimely death of QuadrigaCX CEO Gerald Cotten has left $190 million worth of customers’ crypto funds inaccessible. Many theorized that Cotten faked his demise to disappear with the money. But according to his former friend and colleague, the late entrepreneur was not capable of taking such drastic measures. Adam O’Brien told Global News that…
It isn’t a secret that the past few weeks in the crypto ecosystem have been tumultuous ones. As Bitcoin (BTC) rallied past $5,000, sparking claims that the bottom is in, Australian cryptographer Craig Wright and his crew, all fans of Bitcoin Satoshi’s Vision (BSV), found themselves in a few tussles on Crypto Twitter. It wasn’t…
The general market sentiment around cryptocurrencies is far more positive now than it was the same time last year. A pullback was expected but very few in the industry predicted things would drop so low and virtually all gains would be wiped out. As markets appear to be coming off the bottom, crypto traders, analysts,…
Bitcoin price climbed further above $5,300 before topping near the $5,330 level against the US Dollar. The price corrected lower below $5,300 and $5,255 support levels. There was a break below yesterday’s discussed ascending channel with support at $5,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is still…