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

May J, 2018

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…

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

May J, 2018

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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…

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

May J, 2018

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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…

Bitcoin Price Watch – How Low Can BTC Go?

May J, 2018

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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…

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

May J, 2018

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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…

Bitcoin runs into selling pressure for the week

May J, 2018

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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

May J, 2018

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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 Wallet App Caught Stealing Seed Keys

May J, 2018

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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…

Bitcoin price analysis -BTC/USD gets badly beaten, poking at $9,000 – Gary Cohn believes in crypto, but not in Bitcoin

May J, 2018

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Bitcoin price analysis -BTC/USD gets badly beaten, poking at $9,000 – Gary Cohn believes in crypto, but not in Bitcoin BTC/USD broke below local support levels with no obvious triggers. former president of Goldman Sachs Gary Cohn supports the idea of global cryptocurrency. Bitcoin lost over 8% in just three days, crashing from $10,000 to below $9,000. BTC/USD is trading at $9,017, after a short dip to $8,960. The coin is 3% lower than 24 hours before. BTC…

Bitcoin Cash Price Technical Analysis â Can BCH/USD Break This?

May J, 2018

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Bitcoin Cash Price Technical Analysis – Can BCH/USD Break This? Key Points Bitcoin cash price found support around the $1,565 level and recovered against the US Dollar. There is a key connecting bearish trend line forming with resistance at $1,700 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair has to move above the $1,700 resistance level to continue the current upside wave. Bitcoin cash price is recovering from lows against the US Dollar.…