Analyst PlanB Says “Nothing Out of the Ordinary” as Bitcoin Price Drops 21% to 6-Month Low

2019-11-22 18:54

It’s been two days and the bloodbath is continuing. Yesterday, we completely wiped out the gains made by the late October rally of 42% when we dropped to $7,400 level. Today, we took an even bigger hit and went below $7,000 level to the six month low, to $6,785 on Bitstamp. Bitcoin price drops to […]

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Bitcoin Bulls May Long BTC, But the Cost Is Going Higher as BTC/USD Drops Below $7,500

Bitcoin has remained relatively stubborn in its price lately, following the downward movement towards $8,000, considering the lack of momentum. The bullish Bitcoin supporters have remained faithful throughout the bearish times of cryptocurrency, and margin traders have accepted the current price while continuing to stack long positions. If history repeats itself, this decision may result […]

2019-11-21 20:41


Bitcoin trading to USDT drops by nearly a quarter

Stablecoins volume have dropped. In the month of September as Bitcoin’s price took a tumble, so did the stablecoins. Seen to serve different sectors of the market, some as a trading hedge, some as a trading pair, or some as a crypto-investment bridge, stablecoins have a multitude of purposes, yet their use, in a sluggish […] The post Bitcoin trading to USDT drops by nearly a quarter appeared first on AMBCrypto.

2019-10-22 17:30


Bitcoin fails to recover as weekly volume on BitMEX drops 72% in 3 months, traders bearish

The Bitcoin price has failed to push above a relatively low resistance level at $8,374, making a bigger pullback into the mid-$7,000 region more likely. According to Arca’s chief investment officer Jeff Dorman, the current state of the cryptocurrency market, given the low volume of bitcoin, incentivizes traders to short bitcoin until bottom levels are […] The post Bitcoin fails to recover as weekly volume on BitMEX drops 72% in 3 months, traders bearish appeared first on CryptoSlate.

2019-10-18 07:06