Bitcoin Falls 10%

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Bitcoin Analysis for 2019-12-25 [Premium Analysis]

The Bitcoin price has fallen to a minor support area at $7200, validating the previous descending resistance line. There are expectations that the price will complete another leg upward towards $7800.

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Bitcoin Hash Rate Hits a New ATH at 111 TH/s while Price Struggles

Bitcoin price has fallen back around 7,000 after surging 19% in the past five days climbing to $7,645 level. At the time of writing, BTC/USD has been trading at $7,354 with 24 hours loss of 2.27%, as per Coincodex while managing the daily trading volume of $357 million. While the price is struggling to make […]

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What Bear Market? Why Bitcoin is Ready to Enter Next Bull Phase

Bitcoin hasn’t done over the past few months. Since peaking near $14,000 in June of this year, the price of the leading cryptocurrency has fallen off by 50%, tumbling under the pressure of an overextended market and bulls taking profit.

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Any Chance Of Ethereum Outperforming BTC Dies With A Break of Current Levels

Bitcoin may be facing new local lows and fighting to stay within a bullish long-term trend, altcoins like Ethereum and Ripple have fallen into the negative for the year, showing extreme weakness compared to the leading cryptocurrency by market cap.

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Bitcoin Marks Biggest Daily Gain in 7 Weeks, And It Could End the Bear Market

A sudden bounce back led bitcoin to register its biggest daily gain in seven weeks. Earlier this week, the cryptocurrency had fallen by up to 9. 91 percent on Coinbase exchange. The latest push upwards flashes an interim bullish setup.

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Bitcoin Languishes at 3-Week Lows, Ethereum Erases Yearly Gains amid Mind-Boggling Crypto Correction

Bitcoin's sudden selloff on Tuesday highlights just how far cryptocurrencies have fallen the past six months. The post Bitcoin Languishes at 3-Week Lows, Ethereum Erases Yearly Gains amid Mind-Boggling Crypto Correction appeared first on CCN.com

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Don’t Long Bitcoin Now Says Investor as Miner Capitulation Reaches Day 27

The bitcoin price has fallen by 50 percent since July from $13,900 to sub-$6,900. The steep drop caused mining to be less profitable, causing small miners to sell-off. Bad idea to long dropping bitcoin hashrate During miner capitulation, small miners and mining centers tend to sell-off their holdings to cope with declining market sentiment.

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What Miner Capitulation? Bitcoin Miners Confident in Price Prospects

If you have perused Bitcoin and Crypto Twitter at all over the past few weeks, you’ve likely seen the term “miner capitulation” mentioned again and again. You see, over the past few months, the price of BTC has fallen off a proverbial cliff, tanking from $14,000 to $7,000 in a matter of months.

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Bitcoin Faces Another Rejection, But Here’s Why the Bull Case Remains Strong

Bitcoin has fallen into a bearish pattern of incurring major upwards movements that are followed by nearly instant rejections, which leaves behind large wicks on BTC’s candle chart and typically spells trouble for which direction it trends in the near-term.

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Bakkt Scorned as Cash-Settled Bitcoin Futures Launch in Singapore

It appears that the digital currency community has very much fallen out of love with the Bakkt platform. Prior to its launch, the ICE-backed Bitcoin futures platform was heralded as one of the most positive development for digital currency.

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Ethereum’s Ratio Falls Against Bitcoin as Issuance Client Goes Out

Ethereum’s ratio has fallen 5% against bitcoin in the past week as the oldest cryptocurrency starts gaining on the smart contracts platform. Ethereum’s value fell to 0. 0196 bitcoin, down from.

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Why Ethereum Price is Likely to See Strong Upward Breakout Against Bitcoin

As the crypto market has stagnated, all eyes have fallen on Bitcoin, not Ethereum or Litecoin, as the leading cryptocurrency’s next large move will likely determine in which direction this entire industry heads for the next couple of months.

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3 Bearish Indicators for Bitcoin This Week

The Bitcoin price has fallen below a significant support area and validated it as resistance. As long as BTC remains below $7600, the outlook is bearish. During the previous week, the Bitcoin price initiated a rally which caused it to increase by almost 20 percent.

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Ethereum Network Activity, DeFi Still Growing, When Will ETH Prices Follow?

Fundamentally Ethereum is going from strength to strength. Network activity is up, development is on track, an upgrade is imminent, and DeFi is hitting record figures. Yet ETH prices have fallen again so what is going on? Ethereum Network Strengthens Despite a flurry of FUD from Bitcoin maximalists and rival network supporters, Ethereum is still.

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Bitcoin Makes an Impressive Recovery Following Dip Below $7,000

Bitcoin has once again fallen below $7,000 following reports of a hacking incident at the South Korean cryptocurrency exchange Upbit.   Initially, the cryptocurrency market reacted harshly to the news with Litecoin and Ethereum falling to fresh multi-month trading lows.

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Small-Cap Cryptocurrencies Have Fared the Worst This Past Month

The last month, never mind the last few days, have been rather trying for cryptocurrencies. Bitcoin, at the head of the ecosystem, has fallen substantially, but overall, it is the smaller cryptos, with lower market caps, that appear to have taken the brunt of the bearish turn.

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Bitcoin Drops Below $7K as Traditional Markets Flatline

Bitcoin has fallen beneath the $7,000 psychological price range as global markets took a breather Saturday amid the ongoing trade dispute between the U.S and China.

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Bitcoin falls to six-month low

The bitcoin rate has fallen to almost $7,000. The cryptocurrency has not been traded at this level since May 2019.

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Why Bitcoin traders are considering a bigger drop as BTC price falls 30% in past month

The Bitcoin price has fallen by nearly 30 percent since rising to as high as $10,600 in October. Technical analysts have started to consider a further pullback to the high $6,000 region. On Oct.

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What’s at Stake With Masternode Coins?

“Masternode” is a term that echoes less often in the cryptosphere these days, but not because user-controlled nodes have fallen out of favor. Rather, the nomenclature has shifted, with “staking” now used to describe the array of blockchains that fall under this banner.

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LocalBitcoins Trade Volume Hits Lowest Point Since 2017

At its highest point this year, the platform moved over USD 70,000,000 in one week. Increased personal data required by the platform could influence the decline. Bitcoin (BTC) trades through the LocalBitcoins platform have fallen to their lowest levels since August 2017.

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Bitcoin Analysis for 2019-11-18 [Premium]

The Bitcoin price has created three weekly bearish candlesticks in a row. It is still using the previous descending resistance line as support. The price is trading inside a descending wedge and has fallen below a significant support level.

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Ethereum nears technical breakout level as analysts eye further upside

The recent volatility in the crypto markets has led the price action of major altcoins like Ethereum to form a close correlation to that of Bitcoin, which means that the aggregated market has fallen into a bout of sideways trading over the past couple of days.

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Bitcoin Falls 4.3%, Slipping Below $9,000 for First Time in Two Weeks

Bitcoin has fallen below $9,000 for the first time in two weeks after breaching its 200-day moving average, which had been seen as a price support by some traders using technical analysis.

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Bitcoin Plunges as Volume Returns to Yearly Lows

After an uneventful week, Bitcoin has once again fallen below the psychological $9,000 mark posting a 4. 5% decrease on the day. Altcoins managed to resist so far and generally show better performance than BTC.

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As Bitcoin dominance doubles, analyst says altcoin charts are like “radioactive decay”

The majority of alternative cryptocurrencies, or altcoins, have fallen by more than 90 percent from their record highs, leading Bitcoin to reclaim its dominance over the crypto market. Willy Woo, a partner at Adaptive Capital, said that price charts of altcoins are like “radioactive decay,” most demonstrating a steep decline in value over an extended […] The post As Bitcoin dominance doubles, analyst says altcoin charts are like “radioactive decay” appeared first on CryptoSlate.

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Deadcoins: BitConnect, The Fallen King of High-Yield Investment Fraud

Once beloved, now forsaken, BitConnect was the hottest thing in the market for a good year before the broader market realized this was a wolf in sheep’s clothing. People all over the world fell victim to the exuberance of the scheme, offering a whopping one percent daily compounded yield.

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Research: Bitcoin and Ethereum correlation at nearly 90% for 2 years is not a bullish sign

Based on the data released by researchers at Skew, the correlation between Bitcoin (BTC) and Ethereum (ETH) has been at around 90 percent for two years. Since the end of the 2017 bull market during which the Bitcoin price achieved $20,000, most cryptocurrencies have fallen by 80 to 95 percent against the U.

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Bitcoin gives massive utility to users, despite volatility: Paxos Global CEO

Bitcoin is navigating a very difficult market these days. Over the past 31 days, Bitcoin’s valuation has fallen by a massive 26.09 percent, depreciating from $10,048 to $7,427. 2019’s early bullish sentiments have been driven away, with Deribit exchange going as far as placing only a 4 percent probability on Bitcoin breaking its ATH post […] The post Bitcoin gives massive utility to users, despite volatility: Paxos Global CEO appeared first on AMBCrypto.

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BTC, ETH, and LTC Price Analysis and Prediction – Crypto Market Resumes Downtrend

After dropping significantly last month, the cryptocurrency market took another plunge downwards. Let’s take a look at some of our favorite cryptocurrencies – Bitcoin, Ethereum, Litecoin – and see if the charts tell us anything.

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Declining Bitcoin Volatility Screams, “A Major Move is Brewing”

As has been expected, Bitcoin has yet again fallen below $8,000 after making a good start of the week and surging to $8,300 level, as the leading cryptocurrency has been doing all October. It’s been a month now that Bitcoin is trading around $8k, unable to make a strong move. As such, Bitcoin volatility has […]

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The Karatbars International Debacle: Global Currency or $6 Billion Con?

The German cryptocurrency corporation Karatbars International has fallen into public scrutiny for its alleged creation of a currency backed by gold, without having the reserves to back its claims. Media titles, including Bitcoin.

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Bitcoin Price Rejected at Key Level Near $9,000

After rejection from the $8,800 level, Bitcoin has once again fallen below the 200-day moving average, possibly indicating bearish days ahead

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Altseason narrative doesn’t hold true as popular publications choose to opt-out

While Bitcoin mentions in the headlines of top news publications have not fallen, despite the fall in its prices, the same did not hold true for the alts. Mentions of words like ‘altcoins‘ and ‘altseason‘ in crypto-news headlines hit an all-time low in October.

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Too Obvious? Current Bitcoin Price Action Resembles $3,200 Bottom

The past few months haven’t been kind to Bitcoin bulls. Since peaking in June, the cryptocurrency’s price has fallen from $14,000 to the $7,700 low set last week. While the macro backdrop is evidently different, as are the fundamentals of the cryptocurrency market, many analysts have argued that the recent collapse in the Bitcoin price.

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Bitcoin Could Drop to $7,600 in Coming Week as Buyer Volume Decreases

For the past 10 days now, the flagship cryptocurrency has been trading around $8,000. Today, in another downward move, from the high of $8,176, BTC price has fallen below $8,000, going as low as $7,880.

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$6,700: Bitcoin Price Target Sinks as Traders’ Gloom Worsens

A short term trend reversal for bitcoin has become increasingly unlikely for bitcoin following a 5% drop in less than three days. Since October 1, the bitcoin price has fallen from $8,532 to $8,100 against the U.

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Indian Crypto Ban Sees State Funds Seized in Bitcoin Scam Frozen in Bank Account

The authorities in India appear to have fallen victim to their own anti-crypto regulations. Money seized from a convicted Bitcoin scammer is currently sitting trapped in a frozen State Bank of India of bank account.

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Why Blockchain Startups Are Badly Lacking In Business Basics

From Bitcoin’s emergence on the deep web in 2008, to the ICO funding craze of 2017, the blockchain/crypto industry has experienced its fair share of ups and downs over the past ten years. Despite a dramatic influx of money and big ideas, the industry has also fallen prey to scams, pump-and-dump schemes, and spectacular price […] The post Why Blockchain Startups Are Badly Lacking In Business Basics appeared first on Crypto Briefing.

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You Could Have Bought Bitcoin At $13 And Still Lost Money – Here’s How

A sobering thought for those bemoaning losses from last week’s bitcoin price drop. You could have bought bitcoin in 2013 at $13 and still lost money… and lots of it. Such is the importance of the ‘rule of ten best days’, which states that, ‘excluding the ten best days each year, BTC has fallen 25% annually since 2013’.

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Everybody is Waiting to Buy Bitcoin at $7,500, Are You?

Following up from a somewhat unexpected turn of events earlier this week, Bitcoin prices have once again below $8,000. This is now the second time BTC has fallen below this crucial threshold since its resurgence in June earlier this year.

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Analytics: Bitcoin HODLers Still Confident, Price Drop Caused by Traders

Bitcoin Traders Behind Crash, Data Shows Bitcoin hasn’t had the best of weeks. Since Sunday, the cryptocurrency has fallen in price by more than 20%. This move has left many traders stumped, wondering what in the...

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Bitcoin Continues to Tumbles But TA Indicates Price at Key Support Level

Bitcoin price has fallen from $10,000 to under $8,000 since the start of this week, but it may be at key support level now.

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Arcane Research: BTC Prices Might Have Been Manipulated Before CME’s Bitcoin Future Settlement Dates

According to the latest research by Arcane group, Bitcoin prices have fallen on average by 2% before the settlement date of CME's bitcoin futures contract, reported Kryptografen. CME bitcoin futures contract was launched back in 2017 for institutional investors on Wall Street.

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Bitcoin breaks below $8,000 as free fall continues

Bitcoin continues ripping through major support, breaching the $8,000-level support within the last hour. From open at $10,027 on Sep. 23, BTC has now fallen over 20 percent. The drop follows a breakout of a month of consolidation around the $10,000 price point, beginning mid-August.

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$7,840: Bitcoin Price Spirals Further in Biggest Sell-Off Since June

The bitcoin price (BTC) has dropped below a key support level in $8,000 and entered the $7,000 region for the first time since June amid a fierce sell-off in the cryptocurrency market. Over the past five days, the bitcoin price has fallen from $10,100 to $7,850 in a 22 percent pullback against the U.

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Bitcoin Price in Echo Bubble? Nope, BTC Still in Macro Bull Trend

Bears are back. After a multi-month long consolidation period, Bitcoin (BTC) finally broke down earlier this week, quickly losing all semblance of a bull trend in a spectacular fashion. For those who missed the memo, within a few hours’ time, the leading cryptocurrency had fallen from five digits — $10,000 — to $8,000, losing the.

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Bitcoin Traders Brace for Bigger Losses after 15% Shock Drop

The bitcoin price (BTC) has fallen by more than 15 percent in the past three days but traders see a bottom further down below. Many traders anticipated the bitcoin price to briefly recover to the $9,000 region which has turned into resistance following the steep drop of BTC.

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