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Bitcoin Could Soon Break its 200-Day MA, Triggering Next Uptrend

Bitcoin has been able to once again push into the upper-$7,000 region after facing multiple rejections here throughout the past few days The cryptocurrency is pushing up against its 200-day moving average – a key trend-determining level A break above this 200-day MA could spark a major upside movement, with some analysts thinking this is imminent After facing multiple harsh rejections within the upper-$7,000 region throughout the past couple of days, Bitcoin has been able […] дальше »

2020-4-28 21:00


Bitcoin: 'Profitability' has no role to play in the concentration of mining

Bitcoin mining is expensive as it is but the upcoming BTC halving seems to be a huge challenge for the miners. As estimated by the crypto-focused research firm TradeBlock, the average cost to mine a sThe post Bitcoin: 'Profitability' has no role to play in the concentration of mining appeared first on AMBCrypto. дальше »

2020-4-13 20:00


Binance CEO Isn’t Worried About Bitcoin, Says “Demand is Increasing”

On February 17, the Dow Jones Industrial Average was near its peak at 30,000, driven by the longest US economic expansion in history. During that time, bitcoin was trading above $10,000. Over the next thirty days, the coronavirus (Covid-19) burst out of China with major outbreaks in Italy, South Korea, France, Spain, Germany, the UK, […] дальше »

2020-3-22 03:45


4th Largest 1-Month Dow Sell Candle in History Leaves Bitcoin Vulnerable

The Dow Jones Industrial Average closed out Friday’s trading session at 19,000 points, setting a record for the 4th largest single one-month red sell candle in the index’s history. And with Bitcoin recently tightly correlated with the stock market, it could make the cryptocurrency especially vulnerable to another crash. Dow Jones Industrial Average Sets Record... дальше »

2020-3-22 04:30