Crypto Will Eventually Replace Fiat but How Soon and Where?

December J, 2019
Market Hive
No Comments

Crypto Will Eventually Replace Fiat, but How Soon and Where? ANALYSIS A recently unveiled Deutsche Bank “Imagine 2030” report boldly puts a date on the eventual fiat–crypto “social consensus flip,” citing the Asian continent and, in particular, China, to have already recognized the trend. If true, then what every cryptocurrency speculator and investor would like to know is, when will it happen? The current landscape is a predictor of the future. Analysts talk of the social consensus flip The classification…

Read More

Bitcoin’s fantastic year Great returns for investors

December J, 2019
Market Hive
No Comments

Bitcoin’s fantastic year – Great returns for investors 2019 has been a good year for the cryptocurrency market, with the price of many tokens increasing steadily in value throughout the year. Bitcoin – the world’s largest cryptocurrency – was priced at $3,739 at the beginning of 2019, while as of 1 December, it had more than doubled in value and was back up to $7,570. This is great news for investors who held on their cryptocurrency investment through volatile dips…

Read More

Bitcoin Shows Same Buy Signal Seen at 2018 Bottom of 3150

December J, 2019
Market Hive
No Comments

Bitcoin Shows Same Buy Signal Seen at 2018 Bottom of $3,150 With Bitcoin collapsing by 5% in the past days, moving from $7,150 to $6,750 as of the time of writing this, traders have once again flipped decidedly bearish on cryptocurrencies. They fear that this latest move under the key support of $7,000 will precede a strong capitulation event, one reminiscent of the collapse from $6,000 to $3,000 seen in late-2018. What’s ironic, though, is that this latest drop has…

Read More

BITCOIN PRICE DROPPED BELOW 7000 LIKELY ON PLUSTOKEN DUMPERS

December J, 2019
Market Hive
No Comments

BITCOIN PRICE DROPPED BELOW $7,000 LIKELY ON PLUSTOKEN DUMPERS Bitcoin price broke down below the psychological level of $7,000 late on Monday. The cryptocurrency updated the December low after blockchain researcher Chainalysis said that PlusToken scammers were selling coins to cash out. BITCOIN DRAGGING DOWN CRYPTO MARKET At the time of writing, the cryptocurrency fell 3.11% in the last 24 hours, touching the daily low at $6,905. For most of the day, the bitcoin price was trading above $7,100. Altcoins…

Read More

Bitcoin And Crypto Market Cap Remain In Downtrend -BCH BNB EOS TRX Analysis

December J, 2019
Market Hive
No Comments

Bitcoin And Crypto Market Cap Remain In Downtrend – BCH, BNB, EOS, TRX Analysis The total crypto market cap is trading well below the $192.0B and $200.0B resistance levels. Bitcoin price is struggling to stay above the main $7,000 support area. EOS price is declining and it is likely to trade below the $2.500 support area. Binance Coin (BNB) is approaching the key $14.00 support area. BCH price is still holding the main $205 and $200 support levels. Tron (TRX) price…

Read More

Bitcoin Price Still Has Potential to Dive to 5500 Yet Macro Uptrend Still Intact

December J, 2019
Market Hive
No Comments

Bitcoin Price Still Has Potential to Dive to $5,500, Yet Macro Uptrend Still Intact Last week, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving average crosses over a long-term one to imply bulls have control.) While this is a decidedly bullish sign in the long term, with this signal preceding…

Read More

Bitcoin Looking Weaker

December J, 2019
Market Hive
No Comments

Bitcoin Looking Weaker   Bitcoin is looking weaker than it was a week ago, by more than 2 percent Friday. In the last 7 days, the most popular cryptocurrency lost its value by $150. After climbing above the $7500 level, Bitcoin showed a downward trend since Monday. Bitcoin touched two-week low of $7150 on crypto exchange Bitfinex Thursday, its lowest level since November 24. However, it managed to make a shallow bounce of $100 in the past 24 hours. As…

Read More

Sally Ho’s Technical Analysis 13 December 2019 BTC ETH

December J, 2019
Market Hive
No Comments

Sally Ho's Technical Analysis 13 December 2019 BTC ETH Bitcoin Bitcoin (BTC/USD) came off early in today’s Asian session as the pair depreciated to the 7183.29 area after peaking around the 7249.99 level late in yesterday’s North American session. The pair had steadily appreciated since yesterday’s Asian session when the pair had traded as low as the 7075.01 area. Traders continue to encounter selling pressure when price activity rapidly moves higher with very little follow-on buying giving way to selling…

Read More

Chart Analysis – Bitcoin Ethereum and Credits for October

October J, 2019
Market Hive
No Comments

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…

Read More

Bitcoin price prediction – BTCUSD barely holding at the edge of a cliff Confluence Detector

October J, 2019
Market Hive
No Comments

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…

Read More
© MarktetHive - Top SEO Results Tool 2024. Brilliance theme by CPOThemes.