Bitcoin (BTC) has now firmly planted itself in the low-$4,000 region and appears to be increasingly building relative levels of support at the ever-so-important psychological price of $4,000. Despite this, the cryptocurrency still faces resistance levels around $4,200, which may prove to be a difficult price level to break above. Although $4,000 was only turned…
Many critics of Bitcoin often argue that its four occasionally five-figure price point is entirely unjustified based on the lack of BTC use in retail. However, over the years, plenty of companies have attempted to nurture the gradual adoption of cryptocurrency by offering to accept payment for goods and services in different digital assets. Two…
Many would nod to the fact that 2018 was not a great year for crypto investors. But that hasn’t deterred governments from putting taxpayers’ money into this vortex of permissionless recordkeeping technology. In just two weeks, the crypto industry received investment commitments from two countries. On March 6, the Argentinian government announced that it would…
Price predictions for Bitcoin and cryptocurrency markets have been coming thick and fast recently as the bottom appears to be extending and the bears running out of steam. Short term price action will help day traders take quick profits but most people eyeing the industry are in it for the long term. Analysts have been…
Bitcoin price struggled to climb above the $3,990 and $4,000 resistance levels against the US Dollar. The price declined again and retested the key $3,940 support area and the 100 hourly SMA. There is a short term bearish trend line in place with resistance at $3,980 on the hourly chart of the BTC/USD pair (data…
After breaking above the ever-so-important $4,000 level, Bitcoin has been able to maintain above this price, but BTC has not been able to garner any significant buying pressure that allows it to climb higher, which could spell trouble for the cryptocurrency. One analyst is now importantly noting that Bitcoin’s bears are ardently stopping the bulls…
A prolific hacker, known as “Gnosticplayers”, has put the details of 26 million users of six companies from across the globe up for sale. This is the fourth round of stolen data sales by the cyber criminal via a dark web marketplace in exchange for Bitcoin. The cache of data varies depending on the company…
As the Bitcoin (BTC) and crypto bear market persists, investors are growing increasingly keen on discovering what events could be holding the markets down, and what events could act as a catalyst for a widespread market recovery. Now, one notable Bitcoin bull is now claiming that the 2018 bear market was the direct result of overall…
At long last, Bitcoin (BTC) bulls have begun to rear their ugly heads. While cryptocurrency investors have invited this influx of buy-side pressure with outstretched arms, no one has pinned this rally, which pushed BTC past $4,000, to anything in particular. Sure, technical indicators are buoyant, as is communal sentiment. But, what’s really at the…
It isn’t a secret that over the past few weeks, community sentiment has begun to shift. Taking a brief look at Crypto Twitter, more analysts seem to be bullish on Bitcoin (BTC) than ever before in this bear market. But why are they so hopeful? And better yet, what do they see in crypto’s cards?…