Hot Topics

Advertisement

Advertisement

Bitcoin (BTC) Halving Finally Complete 

Bitcoin halving seems almost complete as the price has successfully halved from $10.5k to $5.7k. However, most of the traders that were waiting for halving are all of a sudden not heard of anymore. So, this recent crash was pretty brutal and I have to admit it exceeded my expectations. I would not have imagined BTC/USD crashing below $6.7k in just one day, but most of you who follow my analyses would know that I have been short on the market. I repeatedly said how it was not over yet and when the market makers and whales kept on pumping...

Read More

Coronavirus: Bitcoin Plummets Close to $6k - Krüger was Right

As you can tell, the news is all about coronavirus today. Alex Kruger said that the recognition of coronavirus being a pandemic is the health organisation calling the space a bear market.  Kruger is more than right as the Bitcoin price has plummeted to $6,217 over the last 24 hours. As you can tell, the news is all about coronavirus today. This is because the world health organisation announced COVID-19 to be a pandemic yesterday. Now that the coronavirus is very deep inside the market, it continues to spread all across the world and the number of affected countries is...

Read More

Sally Ho's Technical Analysis 12 March 2020 BTC ETH

Bitcoin (BTC/USD) appreciated early in today’s Asian session as the pair traded as high as the 7987.97 area after trading as low as the 7583.27 area during yesterday’s North American session, just above the 23.6% retracement of the move from 10950.57 to 6531.91.  The recent dramatic depreciation in the market has refocused attention on some longer-term trading ranges and the impacts that they could possibly have on price activity.  The importance of many of these levels was reaffirmed during the depreciation in the second half of last year, and subsequent appreciation to multi-month highs over the past few months.  One...

Read More

Bitcoin Vulnerable As Uncertainty Rises 

If there is one thing that has made a lot of Bitcoin investors worried recently is that BTC/USD failed to perform well in times of uncertainty. Sure, one could say that 1 Bitcoin will always be 1 Bitcoin but by the same logic I could see 1 rock will always be 1 rock. With the fears of a recession looming over, investors are worried about their positions not only in Bitcoin but everywhere else. Some simply would not just admit that Bitcoin is actually a risky investment and can therefore not do well in times of a crisis. They come...

Read More

Is a New Era for Bitcoin Coming into Fruition?

At the start of this week, we saw significant selloff for the leading cryptocurrency. The past month or so has been extremely volatile for the industry due to several reasons. Such turbulent movement has made investors sell and has significantly damaged the bull market. At the start of this week, we saw significant selloffs for the leading cryptocurrency. The past month or so, in general, has been extremely volatile for the cryptocurrency industry too due to several reasons - including the outbreak of coronavirus across the world. Such turbulent movement has made investors sell and has significantly damaged the bull...

Read More