Things “Could Get Ugly” for Bitcoin if It Closes Below This Key Level
It has been a volatile past few days for Bitcoin and the entire crypto market, with the benchmark cryptocurrency’s bulls ardently trying to remain in control of it It has seen multiple sustained dips below $19,000, but each one is bought into aggressively and quickly reversed There is one crucial level being watched by a prominent analyst that could hold some heavy influence over the crypto’s price action He notes that a close below this […]
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Bitcoin had been able to break out of its red streak earlier in the year after making 11 consecutive red weekly closes. With the market recovery, the digital asset had begun to return some green weekly closes. That is until the market correction, and bitcoin lost about $4,000 off the top of its value. This resulted in a weekly close for the prior week, and even though it looked like a recovery might be on the horizon, bitcoin has recorded another red weekly close. Two Red Closes Within the last couple of weeks, bitcoin had seen some incredible movements that had returned faith in the....
Bitcoin just closed the 3rd quarter of the year with its best-ever performance, marking the third of only three quarterly finishes over $10,000. All good things come in threes, so here are three reasons why this the third time is the charm, and the cryptocurrency will hold strong above the clearly critical level. Bitcoin Closes […]
Here's a look at what we are focusing on in the bitcoin price this morning. OK then, let’s get things kicked off for w fresh week’s worth of trading in the bitcoin price. Price moved a little over the weekend, with a bit of volatility here and there serving up a few entry opportunities. That said, we didn’t really see any sustained momentum, so the trades were just scalps, at best. We should have a pretty busy week ahead if things carry through from the end of last week, so let’s get some levels in place and see where things land. As ever, take a look at the chart below to get an idea of....
Armstrong said that the documentary will capture “the good, bad, and ugly” of building a tech start-up from the ground up. Coinbase co-founder and CEO Brian Armstrong announced in a series of tweets on Oct 4 that a crypto centric documentary capturing his journey of building a tech start-up from the ground up will be available this Friday on Amazon Prime, iTunes, Youtube, and other streaming platforms. The documentary — “Coin: A Founder’s Story” — intends to pull back the curtain and show people what it's really like to build a tech company from the ground up and encourage others who want....
In a new market breakdown published today, crypto analyst CryptoInsightUK argues that XRP has reached a “liquidity flashpoint” that could accelerate price discovery toward the mid-$4 range once key resistance is reclaimed. He anchors the call to a cluster of liquidity sitting above the $3.40 area and an improving relative-strength backdrop versus Bitcoin, Ethereum and even gold, while cautioning that the US CPI print due tomorrow could inject short-term volatility in either direction. Be aware that tomorrow there is CPI news coming from the US and it probably, most likely at this point in....