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Bitcoin (BTC) Poised For A Rally Towards $4,000 After Steady Consolidation

Bitcoin (BTC) has been consolidating sideways for the past few days along a strong trend line support but we have yet to see an anticipated move to the upside. The sharp decline that we saw last week was enough to scare off some overzealous bulls, which is why we have not seen a move to the upside so far. The Stochastic RSI is once again signaling a short term pullback on the 4H chart for BTC/USD which means the next move to the upside might succeed in testing the $4,000 level around the 61.8% fib retracement level. However, the retest...

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Apple Founder Steve Wozniak Claims BTC Has Huge Value Creation

Apple is one of the biggest companies in the world right now and turns over billions every year. The co-founder, Steve Wozniak has recently said that Bitcoin has created a huge amount of value. In a recent interview, Bloomberg’s Yousef Gamal El-Din asks the co-founder about the leading cryptocurrency saying, “we’ve seen massive value destruction in Bitcoin. Are you still a believer in that? Is that still a workable model for you?” In response to this question, Wozniak made a counterpoint saying that Bitcoin has in fact created massive value, stating “I’m not sure I can buy that we’ve seen...

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Coinbase Make New Partner in Effort to Get Young People Involved in Bitcoin

Over the next few months, users of SoFi Invest will be able to purchase cryptocurrencies like Bitcoin through a partnership with Coinbase. For those that don’t know, SoFi (short for Social Finance) was founded in 2011 by Mike Cagney, James Finnigan, Ian Brady and Dan Macklin. The platform is an online personal finance firm that provides loans to students, mortgages and so on. You can also invest using several different methods and without the fees. SoFi is aimed at young people with a variety of finance products including lending. Even though the first has been going for a few years...

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Justin Sun Gives His BTC Price Prediction For 2019

The infamous CEO of TRON, Justin Sun isn’t one to shy away from voicing his opinions. He has recently given his thoughts for the price of Bitcoin in 2019 but it isn’t as bullish as you’d hope… Sun doesn’t particularly talk about other crypto projects outside of TRON but in a recent interview with Hyoxing24, he mentioned that Bitcoin will be trading between the price marks of $3k and $5k for the remainder of the year. In addition, Sun noted that the bear market is finally over which is a big relief for the industry but even so he did...

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Why Ripple (XRP) Could Defy Bitcoin (BTC)’s Pull And Rally In The Days Ahead

Ripple (XRP) has been known to make the occasional independent move every now and then but recently it seems to have lost its bullish charm. While some believe it to be a result of the loss of dominance due to the entry of JPM coin, others believe it XRP/USD has had a good run and is now due for a long correction before it can rise further. However, we believe that Ripple (XRP) has been trading out of sync with Bitcoin (BTC) and the rest of the market. The bearish pennant that we see in the case of most cryptocurrencies...

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