Hot Topics

Advertisement

Advertisement

Can Bitcoin Cash (BCH) Rally As Bitcoin (BTC) Falls?

Bitcoin (BTC) seems to be preparing for a decline and so is the rest of the cryptocurrency market. Bitcoin Cash (BCH) being an altcoin is at an even bigger threat. However, a lot of people are still very interested in whether Bitcoin Cash (BCH) could rally as Bitcoin (BTC) falls. The reason they ask that question is because this has happened in the past. We have seen an inverse correlation between Bitcoin Cash (BCH) and Bitcoin (BTC). If you were following the Bitcoin Cash (BCH) hashwar last time that lead to a hard fork, you would understand how manipulated all...

Read More

What History Shows us About Bitcoin Halving Events

In less than 260 days from the time of writing, bitcoin will half. This will result in a decrease in the bitcoin miners receive per block. Based on historical data though, the leading cryptocurrency has gone through high levels of volatility before and after the event, which would make it a good time for traders. Split The process of the halving has already been set and will reduce the rewards miners receive.  So as was put in place by Satoshi Nakamoto (not you Craig) in the iteration of the bitcoin protocol, the block reward is cut in half every 210,000...

Read More

Why This Is The End Of The Line For Bitcoin (BTC)

Bitcoin (BTC) is trading with a large symmetrical triangle which is now close to being broken. Whether you’re bullish or bearish, you expect the price to break out a certain way out of this triangle. During the past few days, the price struggled to close above the $10,643 mark. This is because that is the 38.2% fib extension level from the beginning of the rally towards the top of the symmetrical triangle in June, 2019. If the price were to break below this symmetrical triangle as we expect it to, Bitcoin (BTC) would find support around a series of Fibonacci...

Read More

Twitter CEO Adamant on Not Releasing Self-Made Cryptocurrency

Controversy is never far away from social media platforms. Just take a look at Facebook’s Mark Zuckerberg who has had his fair share of hate thrown at him over the past few years in regards to Facebook’s privacy and most recently, the upcoming stablecoin, Libra. But one other social media success, Jack Dorsey is steering clear of the whole crypto space. He has made it very clear that he doesn’t have any plans to launch any Twitter-related cryptocurrency and instead prefers advocating bitcoin as the currency of the internet. If you follow the Twitter CEO on social media, you’ll know...

Read More

Bitcoin (BTC) Outlook Remains Bleak

Bitcoin (BTC) has now formed a long legged doji on the daily time frame and it appears that this whole song and dance last night was about that. The price ended up rallying past $10,624 leading investors into falsely believing that the price was entering a new uptrend. However, it ended up closing the day below the $10,624 mark just as it did the day before. So, this tells us that the price has topped out here and despite the short term staged confusion in the market, a sharp downtrend is inevitable form this point forward. A long legged doji...

Read More