Building The Case For A Potential Bitcoin False Bottom

Bitcoin price is back at $37,000, recovering from a frightening plunge to as low as $30,000. The selloff struck fear into the market unlike never before, making buying the dip a scary risk to take. However, there’s several signs that the bottom could be in, all while sentiment has turned fully bearish and the market […]

Baidu labels the Bitcoin Core 0.13.2 client as a WisdomEyes Trojan, even though that is not the case. Cryptocurrency enthusiasts looking to download the Bitcoin Core client may receive a strange error. In a lot of cases, a Trojan alert will show up, indicating the file download is potentially malicious. However, that does not seem to be the case, and this alert is a false positive. Users are still advised to manually verify the SHA256 checksum for the file, though. It seems rather strange downloading Bitcoin Core would trigger a Trojan warning. According to Reddit sources, the reason....

Ethereum has stopped at the top limit of the flat. Such an advantage on the side of the bulls could provoke an upward impulse. What is necessary for that impulse to begin? The fortification alone is not enough, as a false breakthrough can happen and Ethereum’s price will drop sharply as a result, at least down to the bottom limit of the flat. The structure has to include a turnaround wave and a correction, which will form right at a significant level. Until such a wave forms, there is a possibility of a false breakthrough. For a more confident growth, the structure of Ethereum’s price has....

Calls for a trip back to $20,000 or even lower were in abundance after Bitcoin collapsed by 50% and sent the market into a bearish state. However, the idea that Bitcoin has bottomed is beginning to broaden. That statement is also a double entendre, referencing a potential chart pattern which further supports the theory. Here is a closer look at the potential broadening wedge bottom pattern, how the recent market conditions fit, and what to expect if the pattern confirms. The Case For The Bottom Being In Begins To Build Bitcoin price collapsed from highs set in Q2 around $65,000 to as low....

Economist Peter Schiff has been actively against bitcoin for years now and has been warning investors to stay away from the digital asset. Time and time again, the economist has warned that the price of bitcoin was going to zero, and even after being wrong on multiple occasions, Schiff has not changed his stance on the digital asset. True to form, he has taken to Twitter to warn investors to stay away from the cryptocurrency. Peter Schiff Says Sell Bitcoin On Tuesday, chief economist and global strategist Peter Schiff took to Twitter to warn investors once more about the ‘dangers’ of....