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Bitcoin price followed a bearish path below the $7,600 and $7,500 support levels. BTC/USD tested the $7,120 support area and it seems like there is a risk of more losses in the near term. Similarly, most major altcoins such as Ethereum (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), binanc..
For some reason or another, many investors and analysts have begun to fear the worst for the medium-term outlook of the Bitcoin market over the past few months. Mark Dow, a hedge fund manager that shorted BTC when it traded at $19,000 in December 2017, recently claimed that the cryptocurrency will ..
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 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..
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..
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..
Bitcoin price is following a bearish path below the $9,000 area. BTC/USD is now approaching the next key break and it could either rally above $9,000 or decline heavily towards $8,000. Similarly, there was a steady decline in most major altcoins, including Ethereum (ETH), ripple (XRP), bitcoin cash..
The recent downturn in the Bitcoin market has not stopped prominent investors and commentators from making price predictions. Most recently, Tim Draper — a prominent venture capitalist that has made early investments in China’s version of Google Baidu, Tesla, Skype, and Bitcoin — has doubled down o..
Bitcoin price remained confined in a broad range above the $9,000 support area. BTC/USD seems to be facing a lot of hurdles on the upside above $9,500. The next crucial move depends whether the bulls succeed in surpassing the $9,500 and $9,680 resistances. In the past few days, there were decent ga..
Bitcoin price rallied significantly above the $8,700 and $9,200 resistance levels. BTC/USD even climbed above $10,400 before starting a downside correction. The price is currently consolidating above $9,000 and preparing for the next break. Similarly, there were strong gains in most major altcoins,..