Fractals are repeating patterns that are commonly found all throughout nature but also playing out on the price charts of financial assets like Bitcoin and other cryptocurrencies. One prominent crypto trader has pointed out that the current price action playing out on lower timeframes appears to be a fractal of weekly price action, but even…
It is clear to see that momentum in the crypto industry is all coming from China at the moment. While the US is still fumbling with regulatory uncertainty, the red dragon is forging ahead with its own crypto and blockchain plans for a digital future. Get Into Crypto or Lose Out The US is in…
Ethereum (ETH) has been closely tracking Bitcoin’s price action over the past several days and weeks, although it has been able to climb slightly today in spite of BTC’s bout of sideways trading around its current support level at $8,800. Analysts are now noting that Ethereum needs to surge just over 5% from its current…
Bitcoin’s bulls have been able to step up and support BTC’s price following its recent drop below $9,000, which points to an underlying strength that may signal that the cryptocurrency will soon post a strong recovery from its recent lows. Analysts are now widely anticipating BTC to post decent gains in the near-term, with one…
Another week, another round of Crypto Tidbits. Again, Bitcoin (BTC) saw a relatively meek week in terms of price action, or lack thereof; the leading cryptocurrency fell by 5% over the course of the week, but still seems to be stuck in a tight range as a trend fails to be established. Despite this, the…
Bitcoin has been facing some turbulent price action over the past several days and weeks, which has led cryptocurrencies like Litecoin to establish wide trading range. This volatility, however, has been generally positive, as most cryptos – including LTC – are trading up from their monthly lows. Analysts are now predicting significantly further upside for…
Bitcoin’s price has been able to stabilize after incurring a significant influx of selling pressure yesterday that sent it plummeting below its previous range lows at $9,000, and it appears that bulls have formed $8,800 as a level of support that could bolster BTC’s price in the near-term. It is important to note that despite…
After a long period of consolidation within its previously established trading range, Bitcoin’s bears have now taken control and have pushed BTC’s price below its previous support level that existed around $9,000. Today’s drop has led multiple analysts to set significantly lower targets for the cryptocurrency, and it is looking increasingly likely that it will…
A woman from East Hollywood, California, has been convicted of robbery relating to peer-to-peer Bitcoin trades. Precious Lanay Fitzgerald was one of two involved in the incidents that awarded the pair the moniker ‘Discount Bitcoin Bandits’. The 29-year-old may face a prison sentence of up to 10 years for the cryptocurrency robbery. Exacerbating the maximum…