Author Archives: @HowtoBitcoin

Crypto Market Wrap: A Few Survivors As Markets Correct

Crypto Market Wrap: A Few Survivors As Markets Correct

Crypto markets starting to pullback; BNB, Maker and Stellar are keeping in the green, BCH, and Ethereum starting to slide. Crypto markets have started to correct as expected after a two day buying bonanza. Volume and market capitalization has pulled back a little as traders start taking profits. The next few days will be crucial in determining if recent gains can hold. Bitcoin hit resistance in an intraday high at $4,010 a few hours ago and, as predicted, pulled back to $3,940 where it currently trades. This […]

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Crypto Market Eyes Additional Gains: BNB, EOS, Bitcoin Cash, Tron (TRX) Analysis

Crypto Market Tumbles: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis

The total crypto market cap traded towards the $132.5B level and later corrected lower. EOS price traded above the $3.50 resistance and it is currently consolidating gains. Binance Coin (BNB) rallied more than 10% and broke the $10.00 resistance area. Bitcoin cash price is placed nicely above the $140 support, with a bullish bias. Tron (TRX) price failed to stay above the $0.0250 support and later declined. The crypto market started a downside correction, but it remains supported. Dips in bitcoin (BTC), Ethereum (ETH), Binance coin (BNB), […]

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Ripple Price Analysis: XRP Rally Unwinds But Not Likely Over

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price gained traction and broke the $0.3400 resistance area before sellers appeared against the US dollar. The price topped near the $0.3460 level and later started a sharp downside correction. Yesterday’s highlighted major bullish trend line is intact with support near $0.3190 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely preparing for a fresh upward move as long as it is above the $0.3100 support area. Ripple price rallied sharply before trimming most of its gains against the […]

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Ethereum Price Analysis: ETH Remains Buy On Dips, 100 SMA Holds Key

Ethereum Price Analysis: ETH Bullish In Short Term Above $106

ETH price started a downside correction after testing the $149-150 resistance area against the US Dollar. There was a break below a key bullish trend line with support at $146 on the hourly chart of ETH/USD (data feed via Kraken). There was an increase in selling pressure and the price tested the $139-140 support area. A few important supports are in place near the $141, $140 and $136 levels. Ethereum price started a short term correction against the US Dollar and bitcoin. ETH/USD must stay above $136 […]

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Crypto Markets Continue Climbing as Bitcoin and XRP Transaction Volumes Surge

Cryptocurrency Exchanges Targeted by Fake Photo Scam

The crypto markets have continued to climb higher after seeing two days of large and widespread gains across nearly all major cryptocurrencies. Today’s price climb has led many investors and analysts to believe that the markets have already established a long-term bottom. Despite there being a bullish sentiment that is currently spreading through most cryptocurrency communities, analysts are now pointing to the importance of transaction volumes as an indicator of where the markets are heading next. Bitcoin and XRP See Sustained Rise in Transaction Volume Although there […]

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Could Bitcoin ETN’s Large Premium to BTC be a Sign of Institutional Buying?

Bitcoin (BTC) Stable Above $3,600, But Analysts Warn That Further Losses are Likely

Over the past year discussions of a Bitcoin ETF being approved by regulatory authorities in the US has dominated the news cycle and has even – on multiple occasions – impacted the markets. Many investors and analysts believe that the approval of a BTC ETF will lead to an influx of investors as it would place the cryptocurrency in front of all traditional equity investors. Although the status and potential effect of a Bitcoin ETF remains unknown, there already exists and exchange-traded product that allows investors to […]

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Bitcoin Price Skyrockets, But BTC Faces Growing Resistance Around $4,000

Bitcoin Experiences Unusual Trading Volume Spike as BTC Continues Trading Sideways

Bitcoin has been able to maintain its upwards momentum that it incurred a few days ago and BTC has now pushed up to $4,000. This upwards price move has been fueled by a surge in trading volume, but one analyst is now importantly noting that trading volume over high-time-frames must improve in order for an upwards price move to be sustained long-term. Other analysts are also importantly noting that Bitcoin is now beginning to establish $4,000 as a level of resistance, which could prove to be a […]

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Crypto Market Cap at Critical Resistance, Is Altcoin Season Around The Corner?

Crypto Market Cap at Critical Resistance, Is Altcoin Season Around The Corner?

The current crypto winter and bear market has been brutal for Bitcoin investors who are now underwater, but it’s been even worse for many altcoin holders. Most of the thousands of altcoins on the market have fallen as much as 99% from their all-time high prices, have reached extremely oversold conditions, and are at the absolute bottom of the barrel sentiment-wise. However, according to one crypto analyst, altcoins are on the verge of breaking out of long-term downtrend resistance and an “altseason” may be around the corner. […]

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In a 30-Minute Video, Victim Lays Out How He Lost $400K in Crypto on QuadrigaCX

In a 30-Minute Video, Victim Lays Out How He Lost $400K in Crypto on QuadrigaCX

Since the QuadrigaCX story has crossed paths with the world’s largest business and crypto news outlets, seemingly little attention has been given to this debacle’s victims. Outlets, such as Bloomberg, CNN Business, among others, refer to the creditors as a “they,” making it tough to remember that there are crypto investors behind each lost dollar. But, the fact of the matter is that there are thousands, if not tens of thousands of victims, who are wallowing and sulking, as many lost thousands in fiat and Bitcoin holdings. […]

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Analyst: Despite 80% Drop Bitcoin Network is as Strong as Ever, Enduring Fundamentals

Analyst: Despite 80% Drop Bitcoin Network is as Strong as Ever, Enduring Fundamentals

Bitcoin (BTC) may be struggling price-wise, but an array of analysts claim that from a fundamental perspective, the cryptocurrency is stronger than ever. And while headlines have focused on impending institutional involvement, whether it be through Bakkt, Fidelity, ErisX, or otherwise, little attention has been drawn to Bitcoin’s network statistics. Interestingly, however, the latter set of fundamentals is where the meat is, so to speak. Bitcoin Mining Ecosystem Leading crypto trader Thrillmex, who also goes by Rampage, recently took to Twitter to issue a breakdown of Bitcoin’s […]

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