Bitcoin Price Eyeing $300
Bitcoin price has, during the past three days, formed a series of lower highs and higher lows in a pattern that resembles the consolidation prior to a decline. There are technical indications that a pull lower is on the cards, but it may not get far. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 15h00 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The Bitfinex 1-hour chart shows the decline since the....
Related News
Chia, a cryptocurrency project created in 2018 that uses storage for its consensus, is eyeing a public offering this year, according to statements from its COO, Gene Hoffman. The company just received an influx of investments that are pointing it to become the next ‘green bitcoin substitute,’ due to its relatively low energy consumption compared to other proof-of-work (PoW) alternatives. Chia Aims to Launch an IPO This Year Chia, a cryptocurrency that was founded two years ago but launched its mainnet recently, is striving to launch an initial public offering (IPO) as soon as....
Bitcoin price traded positively this past week versus the US dollar, and currently the BTC/USD pair is eyeing a major downside move. Key Points. Bitcoin price traded positively this past week against the US Dollar to trade near $780. At the moment, the BTC/USD pair is attempting to break a bullish trend line formed on the 4-hours chart (data feed from SimpleFX). If there is a break and close in BTC/USD, there may be an increase in the downside pressure. Bitcoin Price Trend Line Support. There was a nice upside move in BTC price this past week, as it moved towards the $780 level against the....
Bitcoin is eyeing a bull revival above the psychological resistance of $11,000, but a strengthening dollar could put a spanner in the works.
Bitcoin managed to hit $16,000 on Wednesday after repeatedly eyeing the psychological resistance level for weeks.
The economic crisis in Greece has placed Bitcoin under the international media's spotlight again. The fact that the price of the digital currency is rallying over the past few weeks can alone justify its current market demand. Greeks, which are saddled with indefinite bank closures and cash withdrawal limits, are speculated to be buying Bitcoin at large. And to woo them further, many companies have announced to waive their trading fees for these special class of citizens. The world is eyeing on Greece, and the Greeks are eyeing on Bitcoin. It is an image media has created for a....