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Despite the promises of crypto analysts and institutions like Goldman Sachs, Bitcoin price continues to hover around low 5 figures. What’s going on? After struggling to hold above the $11,000 point earlier this week, Bitcoin price, at last, succumbed to selling pressure and dropped below $10,000 fo..
Over the last 48 hours, Bitcoin price has broken support at $11,000 mentioned in my previous analysis and has since dropped back to support around $10,100. High selling volume indicates further downside over the coming days. Bitcoin 2-Hour Price Analysis On the 2 hour chart for XBT/USD, we can see..
Trading cryptocurrencies is more interesting than trading equities or other forms of traditional assets. The volatility of cryptocurrencies drives massive price movements that would probably give Wall Street stocks traders a collective heart attack. Trading cryptocurrency derivatives, however, adds ..
A prominent government minister in Britain has proposed the idea of closing banking institutions in order to mitigate the impact of an unstructured exit from the European Union. Analysts call the proposal ineffective and another reason to support broader arguments for decentralization. Desperation ..
Ethereum price recently broke out of a period of consolidation as mentioned in my previous analysis on ETH, completing an asymmetrical triangle in favors of the bulls but has since begun a pullback breaking the short-term support. Bears now eye $190 support around the visible range low. Ethereum Pr..
Fundamental catalysts are working with technical chart signals to indicate potential weakness in the major fiat currencies. These recessionary warnings suggest a paradigm shift into cryptos might be unfolding right before our eyes. Fundamentals Aligning With Technicals A recent tweet from Raoul Pal..
A key Bitcoin price technical indicator has turned green again following almost a month of declines. The rally which started a week ago has gained momentum despite a minor pullback below $12,000 yesterday. Bitcoin Trend Indicator Goes Green According to Bloomberg there has been a lot of attention t..
The euphoria as bitcoin price raced into the $12,000 zone was cut short yesterday as it dumped even faster. The minor retreat was halted by support and BTC appears to be slowly climbing back up during Asian trading again today. Bitcoin Steady on Support From yesterday’s double-tap above $12,300, bi..
A crypto Twitter analyst believes that Tether’s USDT issuances are the real catalyst of the Bitcoin price bull move from $4,000 to $13,800. Bitcoin is not “Sound Money” Earlier this week twitter personality Andrew Rennhack suggested that Bitcoin’s explosive rally from $4,000 to $13,800 was primari..
It has been another day of gains on crypto markets and yet again bitcoin price is surging. Just like yesterday, traders in Asia are dictating movements as BTC shot past $12,000 a couple of hours ago. Asian Trading Moving Bitcoin A virtually identical shift in price action has happened again in Asia..
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