Finding Bitcoin’s True Point of Pain, Why Sub $30K Seems Likely
Bitcoin maintains its bullish short-term trajectory into the U.S. Federal Reserve FOMC meeting, suggesting the downtrend might be losing strength. BTC investors have feel the pain in the last weeks, as the cryptocurrency displays a high correlation with the U.S. stock market. Related Reading | Bitcoin Whales Take Advantage Of Market Crash To Gobble Up Millions In BTC As of press time, BTC trades at $38,301 with a 2.3% profit in 24-hours. Data presented by Joe Orsini, Director of Research for Eaglebrook Advisors, Bitcoin has historically experienced a positive performance in terms of....
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Bitcoin has been in a notable state of flux recently after recovering from the crash below $60,000 and establishing support above $61,000. However, with the pioneer cryptocurrency failing to completely beat important resistance points such as $63,500, bearish sentiment continues to dominate the market. Amid this, one crypto analyst has predicted that the Bitcoin crash is far from over, forecasting much lower figures than anticipated. Crypto Analyst Calls Out Possible Bitcoin Crash To $35,000 In a new analysis of the Bitcoin price, crypto analyst Alan Santana has predicted a possible price....
This was written byVinny Lingham, the CEO and co-founder of Gyft.com and originally posted athttps://medium.com/p/ba5f3fcce103. As Bitcoin stabilizes below $500 for the first time since its eye-popping run to over $1,000 in November 2013, many crypto pundits are scratching their heads and trying to make sense of the current weakness - especially given the excitement & innovation that we are seeing within the global Bitcoin community. Venture capital has also been pouring into Bitcoin startups at a rabid pace (north of $100m so far this past year). However, over the past couple of days,....
U.K. exchange Coinfloor has taken away some of the frictions and pain points from first attempting to buy BTC.
In 2017 a blockchain-based crypto-lottery Flip’s Star (now True Group iGaming company) conducted its fundraising campaign featuring the TFL token as the native governance token of the project. TFL token is now a part of the True Group company, together with True Partners (casino operator), True Lab (game provider) and True Label (casino developing platform). […]
Bitcoin price action is currently confusing crypto traders and analysts and the reaction after reaching a new all-time is not what anyone expected. The leading cryptocurrency by market cap was thought to explode once a new high was made, but instead, another up to six months of sideways could bring max pain to eager investors […]