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Can Bitcoin (BTC) Still Decline Below $9,000?

Bitcoin (BTC) pumped through the trend line resistance and invalidated the descending triangle. This has left a lot of traders wondering if BTC/USD can still break below $9,000. In our previous analyses on BTC/USD we said that this descending triangle will be invalidated. There was a reason to let that happen and that was to trap in the bulls and discourage retail bears from shorting the market just before a major downtrend. Traders looking to sell might considering selling some at this point whereas those looking to short sell might want to wait for confirmation before opening trades. We have...

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Happy 11th Birthday, Bitcoin!

Happy Halloween! Or as we say in the crypto space, happy birthday to Bitcoin! Yes, Bitcoin turns eleven today as it has been just over a decade since the publication of the Bitcoin white paper by the still-unknown person or group only known as Satoshi Nakamoto. Outlining a tamper-proof, decentralized peer-to-peer protocol, the Bitcoin: A Peer-to-Peer Electronic Cash System publication was published on October 31st, 2008 and has since changed the world. As per CT: ”The protocol represented a cryptographically-secured system — based on a Proof-of-Work algorithm —  in which Bitcoins (BTC) are “mined” for a reward by individual nodes...

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Skateboarding Legend To Speak At San Francisco BTC Conference 2020

For those of us who had a Gamecube or an original Playstation, the name Tony Hawk will more than likely bring back some fond memories, whether it was Tony Hawk’s Project 8 or American Wasteland, the majority of us will have put some serious hours when we were younger into the skateboarding series. So why am I mentioning him? Well, Tony Hawk has just this week cemented himself as one of Bitcoins long-term fans as the skateboarding legend prepares to speak at a huge event next year. In accepting the invitation to next year’s Bitcoin 2020 conference in San Francisco,...

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The Moment Android OS HODLers Have Been Waiting For: Voyager Exchange App Is Available For You, Come Get Your $25 In BTC Now!

This has been a very busy month for the team at Voyager Digital. Most recently, they made the exciting announcement of their November 1st go-live of a 3% interest program for all accounts with 0.01 BTC or more; a move that is a first of it’s kind in this crypto exchange space. Only several weeks prior, the mobile-only exchange had announced a 5% interest program for all accounts holding Voyager Token (previously known as Ethos). It was no surprise to see such excitement on the faces of the executive leadership during the ringing of the opening bell on the Toronto...

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Sally Ho's Technical Analysis 31 October 2019

Bitcoin Bitcoin (BTC/USD) pared minor gains early in today’s Asian session as the pair fell back to the 9145.00 area after trading as high as the 9236.76 area late in yesterday’s North American session.  Bids emerged around the 8991.33 area during yesterday’s European session, just below the 76.4% retracement of the 7508.77 – 13868.44 range.  Short-term market sentiment began to erode late in yesterday’s Asian session when the pair peaked around the 9515.03 area, unable to move above the 9532.39 area that represents the 38.2% retracement of the 19891.99 – 3128.89 area.  Chartists are closely watching the 8918.47 area as...

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