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Washington BTC ATM Stolen By Two Thieves Caught On Camera

Here’s an interesting bit of news for you, a Bitcoin ATM has reportedly been stolen in the United States with the theft even being caught on tape. According to a report published by the Finnish news site Ilta Sanomat posted this week, two thieves have gone out of their way to steal a bitcoin atm in the US in a mall-based in Washington DC on 3rd August. Furthermore, the alleged two suspects have been filmed by a surveillance camera as they stole the machine. The two timed their theft when all the shops in the mall were closed so no...

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How A Recession Could See Bitcoin Thrive

One thing that most Americans won’t want to hear right now is the word, ‘recession’.  Unfortunately that word came out of Donald Trump’s mouth earlier this week on the 20th and whereas a recession is a piece of bad news for the dollar, Bitcoin could take advantage of the situation and fly high during such a time.  The consensus of most analysts outlooks on the matter is that there won’t be a recession in the United States this year or next, but with everything going on in the US at the minute, who knows what will happen. The man behind...

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Sally Ho's Technical Analysis 25 August 2019

Bitcoin Bitcoin (BTC/USD) continued to consolidate recent gains early in today’s Asian session as the pair traded back below the psychologically-important 10,000 figure following its recent move to a relative high of 10,478.00.  Stops were elected below the 10,033.66 area during the move lower, representing the 61.8% retracement of the move from 9,759 to 10,478.  Bids emerged around the 9,880.59 area, representing the 61.8% retracement of the move from 7,427 to 13,850. BTC/USD Bears also triggered Stops below the 10,218.54 area during the pullback, the area where the 50-bar MA (hourly) was then indicating.  The pair’s short-term outlook and bias...

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Bitcoin (BTC): The Worst Has Yet To Come

Bitcoin (BTC) saw a massive decline in price after it failed to close day above the 50 day EMA. This has panicked a lot of bulls who expected the price to rally past $11,000 in the days ahead. However, most of the bulls do not realize that this is nothing compared to what has yet to come. These moves are just temporary shakeouts before the price does the inevitable and declines below the descending triangle. The recent move towards the 50 day EMA was aimed at shaking out the bears. As we can see on the daily chart for BTC/USD,...

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What’s Yet To Come For Bitcoin Before 2020 Part 2

In our last article, we discussed what’s yet to come for Bitcoin in 2019. There are several highlights for BTC before 2020 including the Bitwise ETF proposal and Bakkt (which we mentioned previously), but now we’re going to take a look at some of the other key dates in Bitcoins future that could see a great impact. Mt. Gox Rehabilitation We’ve all heard of Mt. Gox. the infamous crypto exchange that went bankrupt and has seen the former CEO attend many court hearings in regards to losing the majority of the Bitcoins held on the exchange.  On 28th October, we...

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