Tag Archives: Bitcoin

Crypto Market Could Rally Further: EOS, Bitcoin Cash, TRX, ADA Price Analysis

Tron Price Analysis: TRX Underperforming 24 Hours After NiTron

The total crypto market cap is preparing for more gains above the $132.5B resistance level. EOS price gained more than 7% recently and broke the $3.80 and $3.85 resistances. Bitcoin cash price is consolidating below the key $150 resistance level. Tron (TRX) price moved back above the $0.0250 resistance, but there was no follow through. Cardano (ADA) price is grinding higher and it could soon test the key $0.0500 resistance area. The crypto market is primed for more gains, with bullish moves in bitcoin (BTC) and Ethereum […]

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Crypto Sphere Believes Galaxy S10, JPM Coin Behind Bitcoin Rally, But Is Really a Return to Mean

Crypto Sphere Believes Galaxy S10, JPM Coin Behind Bitcoin Rally, But Is Really a Return to Mean

The crypto market lit up with green over the last 48 hours following a powerful rally led by Litecoin, Ethereum, and EOS, which also helped propel Bitcoin toward important psychological resistance at $4K. Should the first-ever cryptocurrency break through the resistance, a major blow will be dealt to bears and could signal that a bottom is already in. Battered and beaten bulls are tirelessly trying to find correlations to news that may be driving the rally, however, the move is likely a return to mean following extremely […]

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Bullish Bitcoin (BTC) Inch Close to $4,500 as Tech Leader Says it is Better than Paper Money

Bitcoin Price Analysis: $3,800 is Definitive for BTC

  Bitcoin prices are trending higher, up 8.1 percent in the last week Elon Musk says Bitcoin and crypto is brilliant for value transfer Transactional volumes high, behind recent higher highs   Adoption is on the rise, and it is at this juncture that Elon Musk has reasons to believe that Bitcoin is brilliant and a better tool for value transfer. As an influencer, this is bullish, and as long as prices are on the rise, we expect momentum to build up. Bitcoin (BTC) Price Analysis Fundamentals […]

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Drastic Shift in Sentiment in Crypto After Bitcoin Surges: Technical Indicators Point Toward a Rally

Drastic Shift in Sentiment in Crypto After Bitcoin Surges: Technical Indicators Point Toward a Rally

Since Bitcoin (BTC) embarked on a bear market rally on Sunday, pushing past $3,600, $3,700, and $3,800 in rapid succession, the waters of the nascent crypto market have quieted. As of the time of writing, Ethereum, EOS, among other leading crypto assets have posted single-digit percentage losses — nothing to write home about. And while some would say that the lack of continued buy-side pressure could warrant a short-term pullback, notable traders have become convinced that from a fundamental and technical perspective, BTC still has a lot […]

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Investing in Ethereum Could Be More Profitable than Bitcoin

Investing in Ethereum Could Be More Profitable than Bitcoin

Investing in Ethereum at its bottom could yield more returns than investing in Bitcoin, said Don Alt. The famous cryptocurrency analyst, who has 82.7k following on Twitter, claimed that his investment paid off when he bought Ether at $121. While he didn’t specify the nature of his trade, he said his investment could return ten times more profit than bitcoin while still costing 1/3rd of the leading digital currency. “I’ve heard Etherum will one day be the global computer that [executes] smart [contracts], tweeted Don Alt. “So I […]

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Bitcoin Price Watch: Pullback In BTC Before Fresh Increase

Bitcoin Price Watch: BTC At Continued Risk of Weakness

Bitcoin price extended gains above $3,900 and traded close to the $4,000 resistance against the US Dollar. The price traded as high as $3,973 and later started a downside correction. There is a short term breakout pattern in place with support at $3,875 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to correct further lower towards the $3,830 or $3,800 support levels before fresh increase. Bitcoin price failed to surpass the $4,000 resistance and corrected lower against the US […]

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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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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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