Bitcoin Price Prediction Up in the Air As Intraday Whipsaw Liquidates Positions

Bitcoin Price Prediction Up in the Air As Intraday Whipsaw

The now disproved news of Walmart’s listing of Litecoin on its e-commerce platforms led to a quick intraday whip strike on several cryptos, including Bitcoin. Many liquidations took place as traders caught by the fake news regretted their losses. In a now familiar fake news pump-dump cycle, Bitcoin prices shot up nearly $ 2,000 from … Read more

BCH Price ‌Analysis:‌ Bitcoin Cash Crypto Rebounds, After Testing Vital MA lines

BCH Price ‌Analysis:‌ Bitcoin Cash Crypto Rebounds, After Testing Vital

Bitcoin Cash Crypto is rising to the top on the monthly chart after bouncing off the main moving averages (MA) lines The crypto asset above the chart lies above all major moving averages of the 20, 50, 100 and 200 day lines while the 50, 100 and 200 DMA lines act as the key support … Read more

Bitcoin Price Remains Range-Bound Despite Improved Risk Sentiment

Bitcoin Price Remains Range-Bound

Bitcoin price has eased as the bulls lack enough momentum to push it above the crucial support reversal resistance level of $ 33,000. Earlier this week, low risk sentiment in the market pushed the cryptocurrency below the psychological level of $ 30,000 for the first time in a month. On Tuesday it hit an intraday … Read more

Bitcoin Price Prediction: Down But Not Out

Bitcoin Price Prediction

Bitcoin price has fallen over 50% since its all-time high in mid-April. In particular, China’s crackdown on cryptocurrency mining has been a major underlying factor. While this has raised concerns about the possibility of crypto winter, investors shouldn’t write off its rebound just yet. A return of China’s bitcoin miners to the online arena should … Read more

Bitcoin price steadies after Mexican Billionaire gives BTC his backing

Bitcoin price steadies after Mexican Billionaire gives BTC his backing

Bitcoin price is recovering from Saturday’s weakness. Empowered by the announcement that Mexican Banco Azteca could start using BTC. Bitcoin was last traded at $ 345,361, up $ 1,620 (+ 4.90%). As always for Bitcoin, it was Saturday. On Friday, BTC was trading above $ 35,600. However, the next morning it was 10% lower and … Read more