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Bitcoin Cash Price Weekly Analysis: BCH/USD Recoveries Remain Limited

Bitcoin Cash Price Weekly Analysis: BCH/USD Recoveries Remain Limited   Key Points Bitcoin cash price got bid near the $1.130 level and started a recovery against the US Dollar. There is a crucial bearish trend line forming with resistance near $1,320 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair may continue to rise in the short term, but it is likely to face sellers near $1,320-40. Bitcoin cash price is showing positive signs above…

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JPMorgan Looks Into Crypto Months After Their CEO Called Bitcoin ‘Stupid’ and ‘Dangerous’

JPMorgan Looks Into Crypto Months After Their CEO Called Bitcoin ‘Stupid’ and ‘Dangerous’ Back in September of 2017, JPMorgan’s CEO Jamie Dimon called Bitcoin “stupid” and “dangerous.” Dimon also said if he caught anyone buying or selling Bitcoin he would “fire them in a second.” His words carry heavy weight as one of the most prominent voices in the global finance world. However, it appears his opinion changed. JPMorgan is looking into the use of cryptocurrencies despite their purported threat…

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Bitcoin (BTC) Price Analysis: Heading For $7,000?

Bitcoin (BTC) Price Analysis: Heading For $7,000? Bitcoin continues to slide and may be setting its sights on new last month's lows. Bitcoin has formed higher lows and lower highs on its 4-hour time frame to create a symmetrical triangle. Price is on its way to the bottom around the $7,000 level. The 100 SMA has crossed below the longer-term 200 SMA to signal that the path of least resistance is to the downside. In other words, the selloff could…

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Bitcoin price CRASH – Cryptocurrency price falls to almost $8,000 after turbulent 24 hours

Bitcoin price CRASH – Cryptocurrency price falls to almost $8,000 after turbulent 24 hours BITCOIN has dramatically crashed to almost $8,000 in a major drop as it loses almost three per cent of its value in 24 hours, after a shocking 6 per cent decrease the day before. After falling below $9,000 less than a week ago, Bitcoin is now trading at $8,288. Despite the fall, Bitcoin has actually made three per cent gains over the last 30 days. Price…

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Crypto Watch -Price Drops for Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin

Crypto Watch -Price Drops for Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin   Following a rough and tumble week where most major cryptocurrencies and altcoins were trapped in the red, brief signs of recovery on Monday have reversed as Bitcoin, Ethereum, and Ripple continue to drop in price. Recent activity on the United States’ east coast also shows that hype surrounding digital currency and blockchain technology hasn’t died down, despite price dips and market volatility. Bitcoin (BTC) The father of…

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Bitcoin Price Watch – How Low Can BTC Go?

Bitcoin Price Watch – How Low Can BTC Go? Bitcoin Price Key Highlights   Bitcoin price has bounced off the area of interest previously highlighted to signal that the selloff would resume. Applying the Fibonacci extension tool shows how low bitcoin could go from here. Technical indicators are showing mixed signals, with the oscillators reflecting more bearish pressure. Bitcoin price is bouncing off the downtrend line and looks ready to resume the drop to new lows. Technical Indicators Signals The…

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Bitcoin price analysis: BTC/USD goes below $8,400 again, will Consensus bring relief?

Bitcoin price analysis: BTC/USD goes below $8,400 again, will Consensus bring relief?   BTC reversed weekend gains, lost 4.5% since the beginning of the day. Fundstrat experts expect that Consensus conference will reverse the trend. Bitcoin is back below $8,400 again. A recovery attempted on weekend, failed to get the digital currency No.1 above $9,000 threshold. BTC/USD is trading at $8,346 at the time of writing, off the Asian high of $8,712. The coin has lost 4.5% since the start…

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Bitcoin runs into selling pressure for the week

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…

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Bitcoin set to be SURPASSED in the crypto realm? Expert predicts SHOCKING future for BTC

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…

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Bitcoin Wallet App Caught Stealing Seed Keys

Bitcoin Wallet App Caught Stealing Seed Keys The team behind Electrum, a Bitcoin wallet app, has exposed a copycat product named Electrum Pro as a malicious app that steals users' seed keys. Electrum developers made their accusations in a document published on GitHub yesterday. The document contains a step-by-step guide to decompiling a rival product named Electrum Pro that popped up online two months ago in March.   Obvious copycat is obviously malicious The Electrum team has long suspected this…

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