Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History.

Bitcoin has been seeing some incredibly bullish price action throughout the past several days and weeks The cryptocurrency is now consolidating at just below $12,000 as its buyers attempt to catalyze another leg higher Despite facing resistance at this level, the crypto has yet to see any type of harsh breakdown here One recent technical development is creating a new source of bullishness amongst traders The cryptocurrency just broke out of a multi-year bull pennant, […] origin »

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Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control.

Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker said customers whose orders were due for delivery in June and […] The post Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control appeared first on Bitcoin News. origin »

Dash, Tron, Cardano Price Analysis: 07 August.

The altcoin market has had a fruitful few months lately. While July was crucial to many of these alts gaining despite Bitcoin's low volatility, the month of August saw BTC come to life again. Bitcoin The post Dash, Tron, Cardano Price Analysis: 07 August appeared first on AMBCrypto. origin »

Here’s Why One Analyst Expects Ethereum to Tap $275 Before Pushing Any Higher.

Ethereum has been struggling to break above $400 for the past several days The selling pressure here is quite significant, and a sustained break above this level would be a highly bullish technical development Because ETH has been consolidating just below it throughout the past few days, bulls may be gearing up for a major push higher Despite being technically strong, one analyst is still expecting the cryptocurrency to see another “scam wick” that leads […] origin »

Bitcoin is Pushing Against a Crucial Level as Chances of an Explosive Rally Grow.

Bitcoin and the entire crypto market saw a strong afternoon yesterday. This allowed BTC to push up towards $11,800 The cryptocurrency is now caught within what will likely be a short-term consolidation phase at just under $12,000 Whether or not it can surmount this crucial resistance today will help offer insights into its short-term outlook One analyst explained in a recent tweet that yesterday’s daily close does seem to indicate that a break above this […] origin »

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