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Bitcoin price is consolidating above a couple of important supports near $7,100. BTC/USD could start a strong upward move as long as there is no weekly close below $7,100. Similarly, it seems like most major altcoins, including Ethereum (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), binan..
Bitcoin has been called many things over the years. One of its latest titles is “gold killer.” Case in point, Grayscale Investments earlier this year unveiled an advertising campaign that urged investors to “drop gold, buy Bitcoin,” which centered around showing how the precious metal is rather ine..
As Blockonomi has covered extensively over the past few months, Bitcoin has dropped by 50% from its year-to-date top of $14,000. But at long last, the selling pressure has stopped; the cryptocurrency market has found itself caught in a tight price range over the past week after plunging by 20% in N..
If you’ve been following the cryptocurrency space at all over the past few months, you likely know of the plight of Bitcoin investors. Since hitting $14,000 in June, the price of BTC has fallen by nearly 50%, trading at $7,400 as of the time of writing this article. While already bad enough, analys..
Bitcoin price likely formed a short term bottom near the $6,610 level. BTC/USD is currently recovering, but it is approaching a major breakout resistance near the $7,675 level, above which it could rally significantly. Similarly, there was a decent recovery initiated in most major altcoins, includi..
In its first decade in existence, Bitcoin transformed out of an unknown project into a new kind of public infrastructure for value, one with its own currency for anyone, a digital commodity now recognized by everyday people and influential officials across the world. To that end, we’ve seen where B..
Many believers in the Bitcoin movement have undoubtedly been shaken by the recent price action in the cryptocurrency market. Since peaking at $14,000, the cryptocurrency has tumbled by over 50%, falling as low as $6,600 on Sunday night. This is decisively bearish price action, especially considerin..
Capitulation is upon the cryptocurrency industry once again. Over the past seven days, the price of Bitcoin has collapsed by over 15%, tumbling under $8,000 and $7,000 as bears have managed to assert control over the entire market. Understandably, this recent price drop, which comes just a month af..
Ouch. Once again, bears have asserted control over the cryptocurrency market, pushing Bitcoin (BTC) under the key $8,000 support level after a multi-week battle above said level. As of the time of writing this article, the cryptocurrency is changing hands for $7,450, down some 6% in the past 24 hou..
Bitcoin price declined more than $1K in the past few days and settled below the $8,080 support area. BTC/USD might correct higher, but it is likely to face hurdles near $8,080 and $8,200. Likewise, most major altcoins, including Ethereum (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), bina..