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Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution

On March 20, the BTC price reached a high of $6,900. Since then, it has been mostly trading in a range between $6,100-$6,900, with the exception of a failed breakdown attempt on March 27. On April 2, the price initiated a rapid upward move and reached a high of $7,192, however, the higher prices could […] The post Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution appeared first on BeInCrypto. дальше »

2020-4-3 17:10


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Is Bitcoin Moving in an Ascending Triangle or Wedge?

On April 2, the Bitcoin price initiated a very swift upward move, rallying from a low of $6,551 to a high of $7,194. While initially, it seemed that this movement would cause a breakout above the current pattern, the higher prices could not be sustained and BTC reached a close of $6,794, slightly below the […] The post Is Bitcoin Moving in an Ascending Triangle or Wedge? appeared first on BeInCrypto. дальше »

2020-4-3 13:45


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Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts

The price of oil continues to tumble lower — WTI crude briefly traded for under $20 per barrel this week. The dollar, dependent on oil, could now in serious jeopardy. The oil price war between Russia and Saudi Arabia shows no signs of slowing down, and US shale will likely see mass bankruptcies in the […] The post Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts appeared first on BeInCrypto. дальше »

2020-4-2 13:10


Not Convinced New Investors are Buying Bitcoin, Top Analyst Says

While headlines about tanking bitcoin prices serve ideal opportunities for investors to enter the cryptocurrency market, one top analyst thinks the asset is lacking new buyers. Alex Saunders, the CEO & Founder of Australia-based Nugget News, offered a wave of discouraging catalysts that might have driven people out of cryptocurrencies, including a wrecked US job... дальше »

2020-3-28 12:43


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The Fall in Bitcoin’s Dominance Rate Could Cause These 2 Altcoins to Surge

The Bitcoin dominance rate has reached a significant resistance area and decreased afterward as a result. The fact that it is trading inside a bearish pattern makes a breakdown likely. Well-known trader @KingThies stated that he has noticed the reduced engagement in altcoin posts and the fact that the prices are very near all-time lows. дальше »

2020-3-28 17:30


Хэш-рейт по Bitcoin сократился на рекордные 45%. У майнеров Bitcoin появился уникальный шанс

Хэш-рейт по Bitcoin по сравнению с пиковым значением текущего года упал на 45%, то есть снизился с 136,2 квинтиллиона хэшей в секунду, которые были 1 марта, до 75,7 экзахэш в секунду 26 марта. #bitcoin hash rate is down a whopping 45%!!!! Seems that a lot of miners have turned off their machines at these prices. In… дальше »

2020-3-27 12:00


UMA introduces ‘priceless’ ERC20 token contract that can track any asset

UMA (Universal Market Access), a decentralized financial contracts platform, has introduced a new ERC20 contract design that is capable of tracking any asset with no on-chain prices and pooled risk. No on-chain price feed or ‘priceless’ contracts are designed with mechanisms to incentivize counterparties to properly collateralize their positions; without requiring any on-chain price feed. […] дальше »

2020-3-27 21:47


Ethereum, Bitcoin correlation grows stronger as implied volatility retraces

The month of March has been chaotic for most crypto-assets after they faced devaluation, followed by a sudden pump, followed by more prices getting slashed. The world's largest altcoin, Ethereum, has The post Ethereum, Bitcoin correlation grows stronger as implied volatility retraces appeared first on AMBCrypto. дальше »

2020-3-23 20:30


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Crypto Analyst Says Bitcoin Price Still Depends on Stock Market as Correlation still Intact

Bitcoin experienced a severe crash last week alongside the stock market which was responding to the COVID-19 pandemic that has led to record crashes in stock prices. The crash in BTC price suggested its correlation with the stock market although some have argued that this is not the case. The number one cryptocurrency was on […] дальше »

2020-3-23 00:42


Bitcoin Pushes Higher But is it Enough to Bring in Confidence in Decoupling

Coronavirus has led to uncertainty in the global financial markets. All the major indexes have plummeted over the past few weeks as the market crashes in the severity of the Covid-19. In line with the global markets, bitcoin also crashed as investors took a risk-off approach due to global uncertainty. This crash in BTC prices […] дальше »

2020-3-22 23:59