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An Unsafe Technical Pattern In Bitcoin Is Back, And It Is Breaking Down

An Unsafe Technical Pattern In Bitcoin Is Back, And It Is Breaking Down

Bitcoin price is barely holding onto support at $30,000 and it could soon be lost for some time to come, if a pattern that has cut the cryptocurrency down to size confirms. The pattern itself has proven dangerous for Bitcoin in the past, and appears to be in the process of breaking down now. Here’s…
Here’s Why Coinbase Whales Added to Bitcoin’s Sub-$30,000 Plunge

Here’s Why Coinbase Whales Added to Bitcoin’s Sub-$30,000 Plunge

Bitcoin has been facing some immense selling pressure today that has caused its price to plunge below $30,000 This was previously strong support for the crypto, and it is now testing the support it has at its multi-week lows of $29,000 Where the market trends next will likely depend largely on whether or not buyers…
Ethereum is Revealing “Extraordinary Indications of Strength” as Bulls Defend Crucial Level

Ethereum is Revealing “Extraordinary Indications of Strength” as Bulls Defend Crucial Level

Ethereum has been holding up somewhat well as of late despite the weakness seen across the aggregated crypto sphere Bitcoin’s slide to $30,000 has caused most major altcoins to tank, with ETH struggling to maintain the massive momentum it built over the past week Because BTC is firmly leading the markets for the time being,…
TA: Ethereum Does Not Have Momentum Above $1,350, Why ETH Might Fix To $1,180

TA: Ethereum Does Not Have Momentum Above $1,350, Why ETH Might Fix To $1,180

Ethereum is facing resistance near the $1,350 level against the US Dollar. ETH price could continue to move lower towards $1,200 or $1,180 unless it settles above $1,350. Ethereum is struggling to gain momentum above $1,350 and $1,375. The price is now trading well below $1,350 and the 100 hourly simple moving average. There is…
Saylor: Institutional Interest in Bitcoin is Larger Than You Believe

Saylor: Institutional Interest in Bitcoin is Larger Than You Believe

MicroStrategy CEO Michael Saylor says institutional interest in Bitcoin is snowballing. He predicts the coming year will see a flood of companies follow MicroStrategy’s lead to acquiring Bitcoin as a treasury strategy. More interestingly, Saylor claims contact with at least a hundred private companies that have already implemented this strategy. However, given the lack of…