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Bitcoin and Altcoins Likely Bracing for Next Key Break
22.7.2019
This past week, bitcoin and altcoins started a solid recovery after a downside extension. BTC/USD traded above the USD 10,000 and USD 10,600 resistance levels. It even broke the USD 11,000 resistance and recently started a downside correction. Similarly, there was a convincing rebound in major...
Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity
19.7.2019
Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read:...
Bitcoin and Altcoins Gaining Momentum
19.7.2019
This week was mostly bearish, with strong downward moves in bitcoin and altcoins. Recently, BTC/USD found support near the USD 9,250 level and started a strong recovery. The bulls were able to break a couple of important resistances near the USD 10,000 and USD 10,200 levels. The price tested...
Altcoins Back on the Rise With Litecoin Leading the Charge
19.7.2019
The crypto markets are once again back on the rise with litecoin (LTC) leading the way in the top 10 cryptocurrencies at CoinMarketCap
Half of the Top 100 Altcoins Jump Against Bitcoin, Dominance Slips
18.7.2019
The market is looking better for altcoins as they are trying to regain their positions, while half of the top 100 altcoins advanced against bitcoin in the previous week. Also, at the time when bitcoin dominance dropping, traders across the cryptosphere are trying to guess if bitcoin will go lower...
Bitcoin and Altcoins Correcting Losses But Bulls Might Face Hurdles
18.7.2019
Yesterday, we saw a downside extension in bitcoin and altcoins. BTC/USD traded towards the USD 9,000 support and it is currently correcting higher. There was a clear break above the USD 9,500 and USD 9,600 resistance levels. However, the price might face a few important hurdles on the upside near...
Bitcoin and Altcoins Signaling Bearish Continuation
17.7.2019
Yesterday, we discussed the importance of the USD 11,000 resistance. BTC/USD made an attempt to continue higher, but the bulls failed to gain momentum. As a result, bitcoin price started a fresh decline and broke a few important supports near the USD 10,200 and USD 10,000 level. The price declined...
Bitcoin and Altcoins Recovery Could Accelerate if BTC Breaks USD 11K
16.7.2019
There was a significant decline in bitcoin and altcoins in the past three days. BTC/USD even tested the USD 9,800 level and recently formed a support base near USD 10,000. As a result, the price started an upside correction and broke the USD 10,400 and USD 10,600 resistance levels. Similarly, there...
Bitcoin and Altcoins Trend Turns Bearish
15.7.2019
This past week, bitcoin and altcoins struggled to continue higher. BTC/USD topped near the USD 13,000 resistance area and recently started a significant downward move below USD 12,000 and USD 11,000. The price dipped more than USD 1,000 in a few hours and tested the USD 10,000 support area....
Bitcoin and Altcoins Could Stage Short Term Recovery
12.7.2019
Recently, there was a significant drop in bitcoin price below the USD 12,500 and USD 12,000 support levels. BTC/USD traded close to the USD 11,000 support level and later started consolidating losses. It is currently (06:30 UTC) correcting higher, but it might face hurdles near USD 11,650 and...
Bitcoin Price Analysis: BTC Had A Bad Day And Might Have Affected Other Altcoins As Well
11.7.2019
After trading in the bullish range for quite some time, BTC is gain back to the bearish platform and is declining sharply at a faster rate. This is indeed alarming for all other altcoins. The biggest issue is that all other altcoins had already lost much of their values to BTC in last few months...
Bitcoin and Altcoins Take Hit, Bears in Driver’s Seat
11.7.2019
Recently, bitcoin price faced a strong resistance near the USD 13,100 and USD 13,150 levels. BTC/USD made a few attempts to continue higher, but it failed. As a result, there was a sharp decline below the USD 12,600 and USD 12,000 support levels. It tumbled more than 10% and traded close to the...
Bitcoin Primed for More Gains Whereas Altcoins Bleed
10.7.2019
After yesterday’s rise, bitcoin price extended gains above the USD 12,500 and USD 12,800 resistance levels. BTC/USD even broke the USD 13,000 resistance and traded close to the USD 13,150 level. On the other hand, most major altcoins, including ethereum, ripple, bitcoin cash, EOS, litecoin,...
Bitcoin Price Hits $12.8K as Major Investor Says $100K ‘Quite Easy’ by 2021
9.7.2019
Bitcoin shows no sign of weakness as price continues towards $13,000
Bitcoin Rallies Closer to USD 13,000, Altcoins Struggle to Keep Up
9.7.2019
The number one cryptocurrency, bitcoin, continues to defend its position as digital gold, with gains of 11% in the past 24 hours. Meanwhile, nearly all altcoins in the top 100 are in the red relative to bitcoin over the same time period.
At pixel time (05:19 UTC), bitcoin trades at c. USD 12,740...
Bitcoin and Altcoins Showing Signs of Fresh Increase
8.7.2019
This past week, bitcoin and altcoins trimmed most gains and struggled to continue higher. BTC/USD failed to clear the USD 12,000 resistance and later declined below USD 11,000. However, the USD 10,500 level acted as support and recently the price rebounded above USD 11,200. Besides, ethereum price...
Crypto Bubbles: Why Traders Believe Altcoins Are Overpriced
6.7.2019
The altcoin bubble: Why traders think Bitcoin is worth more than other cryptos
Bitcoin and Altcoins Turned Red
5.7.2019
Yesterday, bitcoin price tested the USD 12,000 resistance level, where sellers emerged. BTC/USD started a downside correction below USD 11,800, but it failed to hold the key USD 11,500 support. As a result, there was a downside extension below the USD 11,200 support level. Similarly, there were...
Bitcoin Extending Gains While Altcoins Consolidate
4.7.2019
In the past few sessions, bitcoin price climbed higher above the USD 11,200 and USD 11,500 resistance levels. The upward move was such that BTC/USD even tested the USD 12,000 resistance. It is currently (08:10 UTC) correcting gains and likely to find support near USD 11,500 or USD 11,250....
NEO Price Analysis: NEO On The Map Of Becoming One Of the Favorite Altcoins Now!
3.7.2019
Yesterday, Erik Zhang, Co-chair of NEO foundation, was answering the questions of the audience on NEO 3.0. The user joined him on hackernoon yesterday where other community members also joined and got a better understanding about the foundation and NEO 3.0 in particular. NEO Price Analysis:...