Hot Topics

Advertisement

Advertisement

How to Earn Bitcoin with a Mobile Phone in 2020

In May 2019, 1 bitcoin price was around $3,500, 1 year later, it’s nearly tripled to be $10,000. Bitcoin has offered too many opportunities to make new millionaires. As the bitcoin halving is coming, analysts predict that it may climb to $20,000 to $40,000 at the end of 2020. Is it possible to earn bitcoins with your mobile phones? The answer is yes! Please find below 5 ways to turn your phone into a money-making tool. Be a Freelancer You can find remote jobs from freelance jobs over the websites. Jobs are often related to crypto program development or do...

Read More

Sally Ho's Technical Analysis 26 February 2020 BTC ETH

Bitcoin (BTC/USD) extended recent losses early in today’s Asian session as the pair fell to the 9265.00 area after trading as high as the 10030.00 area during Monday’s Asian session and the 9850.26 level during Monday’s European session.  Sentiment continues to weaken as market has come off and since retraced some of the gains that it earned following its appreciation from the 6430.00 area that began around the middle of December.  Longer-term chartists and technicians note that this recent relative peak was below the 10615.49 area, a level that represents the 61.8% retracement of the move from 13202.63 to 6430.00. ...

Read More

How Bitcoin Could Be Better Served As A Store of Value

Can Bitcoin become like Gold? Crypto has a lot of potential in third world countries Ever since the birth of Bitcoin ten years ago, it has been established as a digital currency that has the potential to change the way we live. The digital asset can be used as a form of payment in order to send money across the globe, trade other cryptos and so much more. But there’s another use for Bitcoin, it could be used as a store of value. Store of Value Now you may not know what I mean when we use the term ‘store...

Read More

Bitcoin Might Have Already Topped Out

Bitcoin continues to trade below $10k and the probability of a decline has now increased further with the bearish outlook of the stock market becoming more and more clear. Concerns over the Coronavirus outbreak in Europe has taken the markets by storm and we saw the S&P 500 (SPX) close below the 50-day moving exponential moving average for the first time since the beginning of the year. This is a major development and it indicates that we might see a similar reaction in the cryptocurrency market sooner rather than later. BTC/USD has closed below the 50 EMA on the 12H...

Read More

Bearish S&P 500 (SPX) Outlook Suggests Bitcoin (BTC) May Have Topped Out 

The S&P 500 (SPX) has turned very bearish after yesterday’s close below the 50-day exponential moving average. This has investors worldwide very concerned so much so that President Trump once again had to tweet about the stock market saying that the Coronavirus situation is under control and that the “stock market is starting to look very good to me!”. The daily chart for S&P 500 (SPX) is self-explanatory and in my opinion, there is nothing “very good” about it. There is a clear rejection at the 1.618 fib retracement level as well as the trend line resistance. The index closed...

Read More