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Chart Analysis – Bitcoin, Ethereum and Credits for October The Current Market Situation As of October 4th, crypto markets are still struggling to recover. Since its last sharp drop, BTC fails to retrace to $8500 level while many other currencies see significant losses. As of publishing time, BTC dominance remains around 67%. BTC/USDT Daily Chart On the chart, we can see that the price made a break of the lower resistance boundary of the “triangle with a flat bottom” formation…

Bitcoin price prediction – BTC/USD barely holding at the edge of a cliff – Confluence Detector Bitcoin futures contracts are likely to be banned from Britain’s retail market. Bitcoin stares into the abyss after testing the $8,000 weak support area. Bitcoin continues to lead the market in consolidation. However, a keen observation of the Bitcoin trend, one can clearly tell that the price has a high affinity to declines in the near-term. Its potential to hold above the critical $8,000…

Experts See Bitcoin Rallying to $20,000 Before End of the Year – Here are the Reasons Bitcoin is down by over 40% from the 2019 high of $13,880. Any other asset plunging by 20% or more would have been in a bear market. But not the king of cryptocurrencies. Bitcoin has retraced by more than 40% in previous bull runs and many market participants are comfortable holding the cryptocurrency. To prove our point, we asked experts what are their year-end…

Precipitous 20% Bitcoin Price Plunge to $8,000 Caused by Traders Data   Bitcoin hasn’t had the past ten days. Since the Sunday before last, the price of the cryptocurrency has shed some 15%, leaving many traders stumped as to what in the world took place to send digital assets plummeting.   Cynics of the Bitcoin market have suggested that the rally to $14,000 and the subsequent dump was “one final pump and dump” enacted by whales. Gold proponent Peter Schiff, for…