Bitcoin Inching Toward a Decisive Moment
For those who have been following my work, in yesterday’s bitcoin analysis article we postulated that the 2nd arc of the arc pair might hold bitcoin price back for a bit – maybe cause a pullback – and that is what happened. 11_2aI am still of the opinion that the 4th arc pair will likely be broken. This would make the 5th arc the next target. However, I do not know this for certain. There is still that disconcerting bear setup that we looked at yesterday. Let’s look at it again: All those arrows are pointing to places where Gann angles provided support or resistance, even if for just a....
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The upward movement of Ethereum’s price can be a correction. The graph is approaching a key technical, where volatility is highly likely to increase. ETH/USD. Low volatility, together with a decline in volume, indicates the fact that Ethereum’s price is currently in an area which isn’t really profitable for both bulls and bears. With regards to the movement of the past two weeks, the ETHUSD price is still too low to sell and too high to buy for short-term traders. However, the full-scale rebound towards the $14.5 - $9.5 downward trend is not over yet. In order to form a movement of a....
Ethereum has been largely consolidating throughout the past week as Bitcoin continues lacking decisive directionality The crypto has been subjected to some increased selling pressure throughout the past couple of hours, which led its price down to lows of $350 earlier today Analysts do believe that the token could be “running on fumes” at the present moment, suggesting that it may not be able to rally any further Five factors are may be contributing to […]
We here at newsBTC don't like rumors. We don't like speculation. But something about online retailer Newegg's tweets is telling a story that may revolutionize how tech enthusiasts acquire their hardware on the web - and we can't ignore it. Back in late November, a Twitter user @thedatascape asked the company, "Do you have any plans to add Bitcoin as one of your payment methods?" The reply was rather simple. "It's a possibility, #staytuned :)" the company tweeted. Now, that really doesn't tell us much. But today, another user asked a similar question. This time around, the company tweeted,....
In the history of every successful startup, there comes a ‘defining’ moment – a moment when the vision of its founders clashes with the impossible and, against all odds, triumphs by becoming a reality. ADAX, a decentralized exchange (DEX) within the Cardano ecosystem, has just experienced that moment. We are thrilled to demonstrate that, as […]
In the history of every successful startup, there comes a ‘defining’ moment – a moment when the vision of its founders clashes with the impossible and, against all odds, triumphs by becoming a reality. ADAX, a decentralized exchange (DEX) within the Cardano ecosystem, has just experienced that moment. We are thrilled to demonstrate that, as promised, ADAX’s trustless protocol will enable censorship-resistant token swaps within the Cardano ecosystem, make full use of ‘social sentiment’-based trading tools, and ensure ample asset liquidity through unique....