Bitcoin runs into selling pressure for the week Bitcoin tried to reach above the resistance barrier, but of course has failed again. It looks as if the crypto currency markets are going to struggle, and we are starting to get very negative technical signals in this market. I think that the next move seems to be lower. BTC/USD Bitcoin fell against the US dollar during the week, slicing through the $9000 level, an area that I thought was a bit…
Bitcoin set to be SURPASSED in the crypto realm? Expert predicts SHOCKING future for BTC BITCOIN will be surpassed in the cryptocurrency realm by the end of 2018 according to an expert that predicted a shocking future for the virtual money during a period of BTC market gains. Roger Ver, made the unprecedented announcement that he believes other cryptocurrencies will exceed Bitcoin in value. He stated: “I see it happening, and I believe it’s imminent.” Mr Ver declared Ethereum possesses…
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS – Price Analysis, 4th May Goldman Sachs, one of the biggest investment banks in the world, is taking the plunge into the exciting world of cryptocurrency trading. The bank’s decision was made because of the overwhelming client requests. This is a very positive sign for the crypto market’s future along with the news about analysts from BlackRock, an American global investment management company, leaving the firm to fund a Blockchain-focused…
Bitcoin Price Technical Analysis for 05/04/2018 – Long-Term Double Bottom Bitcoin Price Key Highlights Bitcoin price appears to be gaining traction on its climb as it approaches a key resistance. A break past the $10,000 barrier could complete the creation of a double bottom reversal pattern. Rallying past the neckline of the formation could lead to an uptrend of the same height. Bitcoin price is forming a double bottom on its daily time frame to signal that a longer-term uptrend…
Upcoming Bitcoin Cash Hard Fork The update and modernization will quadruple the Bitcoin Cash blocks size from eight megabytes to 32 megabytes. Also, some operating codes are expected to be reactivated, which will allow Bitcoin Cash’s Blockchain to be used not only for BCH transactions. Furthermore, an update is called Bitcoin Adjustable Blocksize Cap (Bitcoin ABC). This will change the base code on which Bitcoin cash is based, in an attempt to solve some of the major problems that limit the wider…
Pantera Fund CEO Calls Bitcoin “A Screaming Buy,” Highly Optimsitic Cryptocurrency hedge fund Pantera CEO called Bitcoin a “screaming buy” and made a ten year $40 trillion dollar prediction. Hedge Fund CEO Looks for Big Gains in the Remainder of the Year. CEO of Pantera capital management LP. cryptocurrency hedge fund Dan Morehead went on Bloomberg Television again to talk about the future of Bitcoin and the state of the cryptocurrency space in general. Morehead who is always bullish on…
The 17 Millionth Bitcoin Is About to Be Mined Bitcoin's limited supply is about to get a bit more limited. Barring an unforeseen event, the 17 millionth bitcoin is likely to be mined in the coming days, a development that would mark yet another milestone for the world's first cryptocurrency. That's because as per bitcoin's current rules, only 21 million bitcoin can ever be created. Stepping back, the milestone, the first million-bitcoin marker to be crossed since mid-2016, is perhaps…
Bitcoin Price Technical Analysis 23 April – Bulls Back in Action Bitcoin Price Key Highlights Bitcoin price has gained some traction since breaking past its inverse head and shoulders neckline. Price is now trading inside an ascending channel and testing the resistance. A return in bearish pressure could take it back down to support around the Fib levels. Bitcoin price is trending higher but might be due for a pullback to its channel support. Technical Indicators Signals The 100…
2014 Bitcoin crash layout by trader babyjungle — published April 20 . 2 weeks ago I found this fractal made from trader @chewner. We all know that trading is based on news and history, and it was funny just to watch how the price was following almost exactly the same path as in 2014. Of course now the scenario is quite different, we are not in a massive adoption yet, but there is a lot of industry and big players…
What is the price of bitcoin today? Why is BTC rising? BITCOIN prices are back on the rise today, as the cryptocurrency posts strong results mid week. What is the price of bitcoin today? Why is BTC rising? Midweek charts show bitcoin prices are back on the rise. The cryptocurrency has been steadily rising overnight, increasing by more than 2.44 percent in the last hour. Bitcoin prices were trading at $8,239.66 as of 4.30pm today. The rest of the cryptocurrency…