Bitcoin Price Isn’t Out of Danger Yet as Crypto Trader Points Out Could Be Last Time to Buy Whole BTC Coin
Bitcoin is currently down 81 percent from its all-time high at $20,000 in December 2017. At the time of writing, Bitcoin has been trading around $3,620. The leading cryptocurrency with a market cap of $63 billion recently took a hike of 7 percent. However, in the short-term experts aren’t feeling positive of any upward movements. Bitcoin Isn’t Out of the Woods yet Recently, economist and crypto trader Alex Kruger has stated that “It will be very bullish if price goes up.” However, not all will be bullish as he further shares, “Though above 3600 is now longs territory. Above 3700 would expect another squeeze.” Meanwhile, crypto analyst, Murad Mahmudov notes this year Bitcoin will find a bottom in the first quarter but no bull run till next year. Similar sentiments of Bitcoin to experience a downward shift are shared by eToro’s senior analyst, Mati Greenspan who took to twitter to share that Bitcoin is, indeed, not out of the woods yet. Ready to Accumulate? Crypto trader and investor
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Sony acquired Insomniac Games. Great news for single player lovers, bad news for EA. This will prove them wrong on hating single player games
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Crypto analysts are reacting to Bitcoin’s drop below the psychological $10,000 mark. A popular analyst on Twitter known as the Crypto Panda told his 15,000 followers he believes Bitcoin remains in a symmetrical triangle, which happens when an asset’s price consolidates while creating two converging trend lines with similar slopes. The analyst believes BTC will …
Alix Hyeowon Park, a former executive at Coinone, has been appointed to lead the expansion of its global community by the Cardano Foundation.
Underrepresentation of women on all fronts has been discussed and debated since ages, and the narrative is similar when it comes to the attitude towards […]
Litecoin is dumping instead of pumping even as the mining reward wave settles. The bulls have resorted to using the energy they have left to […]
Tech Bureau is going out of business and Zaif will see an operational shift. The Japanese cryptocurrency exchange, Zaif, will see its operator switch from Tech Bureau to FISCO virtual currency exchange, according to an announcement made on August 22. As per a report from Crypto Watch Japan, Tech Bureau operated the exchange until November […]
Whether you like or not, Bitcoin is already shaping up to become a legitimate store of value
Xendpay, a London-based international money transfer service has joined RippleNet, a blockchain-based global payments network to enable millions of people to send real-time cross-border payments in their local currencies. The move will also allow Xendpay to stay ahead of its competitors by offering low-cost remittance services according to a blog…
Bitcoin price is back in a bearish zone below $10,250 against the US Dollar. BTC is likely to extend its decline if it fails to recover above $10,250 and $10,400.
Cryptoasset enthusiasts who have long argued that the decentralized nature of the asset class makes it a pure supply and demand play – immune from the vagaries of the economy, central banks and markets – may have to rethink their investment approach.
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The Treasury Department blackballed the bitcoin addresses of Chinese drug kingpins in a bid to curb the opioid epidemic ravaging the US.