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“# Price analysis 11/4: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV ” After reaching a new 2020 high, Bitcoin traders are fighting to flip $14,100 to support and Ethereum is attempting to do the same to the $400 level. <p>Today Bitcoin (BTC) price briefly pushed through the $14,100 resistance to achieve a…
“# Fork in the node: Bitcoin Cash Node on track to oust Bitcoin ABC ” Bitcoin ABC, the historically dominant implementation of Bitcoin Cash (BCH), appears on the brink of giving way to a community-driven mutiny in the form of Bitcoin Cash Node (BCHN). According to Coin Dance more than 75% of nodes have signaled…
“# Top 5 cryptocurrencies to watch this week: BTC, BNB, ADA, BCH, LINK ” Bitcoin (BTC) has rallied about 90% year-to-date and has risen close to 191% from its March lows. The rise has been gradual without much fanfare, which suggests that crypto believers are the ones who have been buying in 2020. October’s monthly…
“# Price analysis 10/30: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened. <p>Bitcoin’s (BTC) dominance has risen from about 56% in early September to above 63%. This suggests that the market…
“# Price analysis 10/28: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Altcoins took a serious hit as Bitcoin dropped below $13K today, meanwhile, BTC’s macrostructure remains bullish. <p>The equity markets across Europe closed deeply in the red and the U.S. markets are also witnessing intense selling pressure as <a rel=”nofollow noopener…
“# Price analysis 10/26: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Bitcoin and altcoins are showing signs of short-term exhaustion, meaning a few days of consolidation could occur. <p>Morgan Creek Digital co-founder Anthony Pompliano highlighted data from Santiment, which showed that the 30-day rolling correlation between Bitcoin (BTC) and the S&P…
“# Price analysis 10/23: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV ” Bitcoin is showing signs of profit booking, resulting in a slight downturn in altcoin prices. <p>PayPal’s crypto announcement acted as a trigger that drove Bitcoin (BTC) price to a new 52-week high. During such news-based events, traders holding short positions…
“# Bitcoin blasts through $13K following PayPal’s entrance into crypto ” Bitcoin (BTC) has rallied above $13,000 for the first time since July, and only the third time since the all-time high bull run of late-2017. The move follows the long sustained period of five-figure price action, with BTC having spent nearly the entirety of…
“# Price analysis 10/21: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV ” Bitcoin hit a new 2020 high and altcoins rallied as PayPal announced that it will support crypto payments. <p>The crypto markets are cheering PayPal’s decision to allow its customers to use cryptocurrencies to shop from its vast merchant network. PayPal…
“# Price analysis 10/19: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV ” Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins. <p>Crypto market sentiment appears to be improving across the board and the global push to mainstream…