Sally Ho's Technical Analysis 21 August 2019

Bitcoin Bitcoin (BTC/USD) continued to gain ground above the psychologically-important 10,000 figure early in today’s Asian session as traders continued to advance towards the 11,000 figure.  Short-term bias has firmed...

Could The New Hash Rate High Boost BTC Price?

Another record has been broken by the Bitcoin hash rate and has even hit a new all-time high.  According to data from monitoring resource blockchian.com on August 19th, the top...

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Bitcoin (BTC) Plunges Below 21 Day EMA Amid Weakening Bullish Resolve

Bitcoin (BTC) has started the day in red and has now plunged below the 21 day EMA as the bulls seem to be losing the battle. There was an attempt...

Circle CEO: “Bitcoin Is For People Who Move Capital So They Can Control It Themselves”

The CEO of the Circle financial services firm based in Boston, Jeremy Allaire has just expressed his optimism in regards to Bitcoin being a safe haven for investors despite the...

@Bitcoin Twitter Account Suddenly Stops Supporting BCH

Theories have been floating around the space over the past 24 hours or so, mainly on Reddit, in regards to the behaviour of the @Bitcoin Twitter account. With almost one...

Bitcoin (BTC) Remains Bearish Despite Short-lived Relief

Bitcoin (BTC) seems to have entered another bearish pennant. As much as the market makers would like us to believe that the price could rally past $11,500 again, the probability...

Sally Ho's Technical Analysis 20 August 2019

Bitcoin Bitcoin (BTC/USD) orbited the psychologically-important 10,000 figure early in today’s Asian session as traders attempted to build upon the positive upward momentum that saw traders reclaim the 10,000 figure...

Bitcoin (BTC) Manipulation Reaches New Highs As Turning Point Nears

Bitcoin has broken above the bearish pennant in an unprecedented turn of events. This move was quite surprising considering there was confluence of resistance zones and also because bearish pennants...

Bitcoin (BTC) Rally Comes To An End As Price Runs Into Strong Resistance

Bitcoin (BTC) made an impressive rally in the past 24 hours but that rally has now come to an end as the price has run into a strong resistance at...

How Bakkt Will Impact Ethereum As Well As Bitcoin

The launch of Bakkt’s Bitcoin futures and custody platform on 23rd September is a shot of adrenaline for the crypto space but on top of boosting the flagship currency, Ethereum...

New Research Claims 2% Of Addresses Control 80% Of The Wealth”

Data was presented by the founder and CEO of TruStory Preethi Kasireddy last week, indicating that Bitcoin is concentrated in the hands of very few individuals as she highlighted, “Bitcoin...

The ‘Real’ Satoshi Nakamoto Reveals Himself

Step-aside Craig Wright, there’s a new Sherrif in town! Or should I say, there’s a new self-proclaimed Satoshi Nakamoto in town... The latest person to claim that they are the...

Sally Ho's Technical Analysis 19 August 2019

Bitcoin Bitcoin (BTC/USD) continued to try to gain ground above the psychologically-important 10,000 figure early in today’s Asian session as the pair built upon Bids that emerged around the 10,066.66...

Can Bitcoin Hold Value Better Than Gold?

In the world of commodities, one of the most important things is an assets ability to hold and store value. Gold is an excellent example of how a commodity can...

Bitcoin (BTC)’s Rally Towards $11,000 Loses Steam, Downtrend Remains Intact

Bitcoin (BTC) seemed to be rallying towards the top of the descending channel when it found a temporary bottom in the $9,400s but the price action now indicates that it...