Hot Topics

Advertisement

Advertisement

Bitcoin (BTC)’s Decline To $8,500 Is Only A Matter Of Time

Bitcoin (BTC) is all set to decline towards $8,500 and it is not a question of if or whether but how and when. If we look at the 1H chart for Bitcoin CME Futures, we can see the two big gaps that the price left as it shot up. Throughout the history of Bitcoin CME Futures, we have seen that these gaps always get filled. Even if the price shoots up to $20,000 from here hypothetically speaking, it is still going to come down to test these two gaps. The reason I mention $20,000 is because in these past few...

Read More

Abra Is Making Crypto Investing Great Again By Giving You $25 In Bitcoin For Signing Up To Use Their Global Crypto Exchange App

As if there weren’t enough crypto exchanges to select from these days already. I personally don’t think there’s ever enough to choose from, especially when they offer free Bitcoin and other incentives to sign up. Maybe this one is your cup of tea, or coffee or whatever it is you enjoy drinking? I am talking, of course, about Abra, a global crypto exchange for mobile with some really great features. Abra currently supports 30 of the most popular cryptocurrencies. In addition to crypto support, Abra offers the ability to invest in their “BIT10” which is an index of the top...

Read More

You Can Now Receive BTC Lightning Network Payments via your Smartwatch

If you are an owner of a smartwatch, you will now be able to receive Bitcoin lightning payments in just seconds. This is thanks to the new BlueWallet app. Developed by BlueWallet, the app enables users to generate a QR code on their watch which someone else will be able to scan with their smartphone to quickly send them payment via the Lightning Network, all with a few quick taps on their smartwatch. Nuno Coelho is the product and user experience engineer at the firm, as well as being its co-founder, who recently sat down with CryptoSlate in an interview....

Read More

When Will Bitcoin (BTC) Go Down?

Bitcoin (BTC) has just closed last week below the 50% fib retracement level after facing a strong rejection. We can see that most cryptocurrencies have already topped out and begun their downtrend. Bitcoin (BTC) performs better than most coins during a downtrend which is why it might hold its ground better but is going to decline nonetheless just like the rest of the market. Price analysis suggests that we could see a leg down to $8,500 which would place BTC/USD around its 21 week exponential moving average. A short term recovery from there would be likely as investors buy the...

Read More

Sally Ho's Technical Analysis 24 June 2019

Bitcoin Bitcoin (BTC/USD) resumed its upward trajectory early in today’s Asian session as the pair moved higher to the 11284.44 area, triggering Stops above yesterday’s then-2019 high of 11215.89. Selling pressure emerged during yesterday’s Asian session right around the 10894.17 area, representing the 61.8% retracement of the move from 11215.89 to 10373.68. Stops were then elected during yesterday’s European session below the 10572.44 area, representing the 23.6% retracement of the aforementioned range. Bids then emerged during yesterday’s North American session and this led to some early demand during today’s Asian session. Market activity was relatively cautious, however, after the 11284.44...

Read More