Hot Topics

Advertisement

Advertisement

BTC/USD Again Working on 9000 Foothold: Sally Ho's Technical Analysis 3 May 2020 BTC

Bitcoin (BTC/USD) awaiting fresh market sentiment early in today’s Asian session as the pair continued to orbit the psychologically-important 9000 figure following an extension of very technical trading activity that has lasted for days.  Buying pressure emerged around the 8659.82 level during yesterday’s Asian session, right around the 23.6% retracement of the depreciation from 9478.66 to 8407.00.  Some Stops were later elected above the 8942.83 level, representing the 50% retracement of that depreciating range.  Late last week, BTC/USD traded back below the 8800 area after trading as high as the 9075.98 area during a pullback higher.    Another technical factor that...

Read More

Antonopoulos: Libra is nothing to worry about for BTC

Facebook‘s upcoming cryptocurrency has been the talk of the town for over a year now.  Recently, the project has changed its ways and is going to be linked to individual national currencies.  With this new move, Libra plans to win over lawmakers deciding its future. Whether you love it or hate it, Facebook‘s upcoming cryptocurrency has been the talk of the town for over a year now. Recently, the project has changed its ways and is going to be linked to individual national currencies which will be overseen by worldwide watchdogs. With this new move, Libra plans to win over...

Read More

BTC/USD Impacted by Technicals Like 9069 Level: Sally Ho's Technical Analysis 2 May 2020 BTC

Bitcoin (BTC/USD) continued to orbit the 9000 figure early in today’s Asian session as the pair traded back below the 8800 area after trading as high as the 9075.98 area during yesterday’s European session.  Traders observed interesting price developments during Thursday’s North American session during a pullback when bids emerged around the 8407 level, just above the 8405.58 area that represents a downside price objective related to selling pressure around the 10522.51 area.  Additional technical trading clues emerged during yesterday’s European session when the pair traded as high as the 9075.98 area, just below the 9082.20 level that represents an...

Read More

Bitcoin Bears May Be About To Strike

Bitcoin bears were brutally shaken out by the recent pump past $9k. This is because most of them have been short on the market since mid $7k and hoping for a reversal. During that entire time, I have been bullish on the market and had been anticipating a retest of $9k for the CME Futures gap to be filled, which it was. Now that it has happened, I expect the price of Bitcoin to trade sideways for a while before we see a major downtrend begin. It is important to realize that this upcoming downtrend in BTC/USD is going to...

Read More

Narcotics dealer Suffers £45 Million Bitcoin Loss After Hiding Codes in Fishing Rod Case

A drug dealer has managed to lose access to his Bitcoin stash worth £45 million, according to reports. The man had written down his keys to his wallets that contained 6000 Bitcoin onto a sheet of paper. A drug dealer in Ireland has managed to lose access to his illegal Bitcoin stash worth £45 million after all of his codes were sent to a landfill, according to reports. The 49-year-old man had written down his private keys to his digital wallets that contained 6000 Bitcoin onto a sheet of paper. He then hid this sheet in a fishing rod case...

Read More