Category: Trading

Bitcoin fell below $10,000; Ethereum, Litecoin, Bitcoin Cash devastated, XRP holds

From a local peak on July 12, Bitcoin tanked from a high of $11,950 to a low of $9,857. Meanwhile, most altcoins experienced even larger double-digit losses. Some of the biggest losers include Ethereum, Bitcoin Cash, Litecoin, and Bitcoin SV—dropping 16.8 to 21.6 percent while XRP held strong relative to BTC. Following President Donald Trump’s negative…

July 14, 2019
Bitcoin long-term trend still looks bullish, short-term not so much

Bitcoin’s exponential growth lead 40-year trading veteran Peter Brandt to (famously) believe BTC entered a new “parabolic phase.” From its December low of $3,150 BTC could aim for a new high of $100,000, Brandt suggested. However, in the short-term, the technicals do not look so rosey. Bitcoin takes aim at $100,000 target. $btcusd is experiencing…

July 11, 2019
Markets go into freefall as Bitcoin drops by 11.6%; Chainlink, Binance Coin, Basic Attention Token resilient

The cryptocurrency markets went into freefall as Bitcoin dropped from $13,063 to $11,497, an 11.6 percent drop over the course of 19 hours. The altcoin market saw even greater damage, with the average altcoin losing 12.8 percent. Falling prices do not appear to be attributed to any major news. The market is seeing double-digit losses across…

July 11, 2019
PR: Crypto Exchange Bithoven.com Enables Margin Trading

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Bithoven.com a progressive and high-tech cryptocurrency trading platform, has reported on the launch of advanced Margin Trading services…

July 11, 2019
EOS, Tezos, and BitTorrent showing signs of a major price movement

After the recent 30 percent correction that Bitcoin experienced, some altcoins are showing signs of a possible breakout while others have indicators of further decline. This technical analysis will explore whether EOS, Tezos and BitTorrent are preparing for an upswing or a nosedive. EOS Following the high of $8.65 on May 31 EOS’s market valuation…

July 6, 2019
As Bitcoin bounces are Ethereum, XRP, and Litecoin on their way to new yearly highs?

Following Bitcoin’s rebound from $9,600 support, the market seems to be bouncing and giving signals that the retrace is over. This technical analysis will determine whether Ethereum, XRP and Litecoin will continue falling or if a bull trend is about to resume. The whole cryptocurrency market seems to be going through a corrective period following the…

July 2, 2019
Bitcoin pairs continue to fall, Binance Coin, TRON, and NEO due for further decline?

The cryptocurrency market seems to have reached an exhaustion point after the recent upswing that took Bitcoin to almost $14,000. Now, it seems like a correction could be taking place before the bullish trend continues. This technical analysis will explore if Binance Coin, TRON, and NEO are due for a further decline. Binance Coin Since…

June 28, 2019
Litecoin halving approaching and price already showing signs of exhaustion

After the new yearly high of $147 on June 22, Litecoin has depreciated almost 25 percent signaling that hype around the upcoming block rewards reduction event could be already priced in. Litecoin technical analysis On Aug. 5, 2019, Litecoin will go through a process called halving. This is a fixed event that occurs every four…

June 27, 2019
Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next

Bitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350 before recovering slightly. With…

June 27, 2019
Markets Update: Cryptocurrency Prices Continue to Accelerate

Digital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures $368 Billion Cryptocurrency markets have…

June 26, 2019