Hot Topics

Advertisement

Advertisement

Bitcoin (BTC): Hidden Bullish Divergence Points To Swift Recovery Ahead

Bitcoin (BTC) recently made an attempt to retest the previous low but it has yet to reach all the way down. The price has settled slightly above the previous low and is expected to consolidate there before the upcoming break out. It is pertinent to note that this triangle could break either way but considering that we have had an extensive correction and there is a bullish divergence on the RSI, the probability of a bullish breakout is higher. The 4H chart for BTC/USD shows that the price has been trading in a series of triangles throughout its fall. Just...

Read More

Have This Weeks Trump Threats Impacted Bitcoin?

Yesterday’s rally in United States equities showed that the mood has changed after the sell-off last week. The three major indices had strong rebounds but this was followed by the tech, financial and retail sectors being beaten down. The Dow Jones Industrial Average closed near its day high posted 354 points in gains, while the S & P 500 and Nasdaq Composite gained over 1.5 percent and 2 percent respectively. Over the strong holiday sales and a slight recovery in oil prices helping boost the oversold market, people are feeling a little optimistic. The 45th President of the United States,...

Read More

SEC Are Holding Their Cards Close To Their Chest In Regards To Bitcoin ETF

Jay Claton, the chairman of the United States Securities and Exchange Commission made his point known that the regulator's strict stance on the Initial Coin Offering compliance in fresh comments to CNBC. The recent settlements with the SEC have forced two ICO issuers to return their security funding to investors. CNBC’s Bob Pisani and Mike Santoli sat down with Clayton to talk about recent events. Clayton spoke in a recent interview with CNBC in which the presenters spoke about the recent enforcement deals with ICOs Paragon and Airfox, Clayton reiterated the need to conduct public token sales with the United...

Read More

Bitcoin Crashes While BSV Enters The Top Ten

Like it always seems to be nowadays, the cryptocurrency market has no good news offer. Bitcoin is down AGAIN, this time by 7.50 percent leaving it to be priced at $3,691 which is a bit too close to the £3,500 key resistance level for my liking. As is usual with this, all the other cryptocurrencies are down too with the second biggest cryptocurrency down 7.76 percent leaving it priced at $0.345. Ethereum is down 8.44 percent at the current time of writing which gives it the price of $105. Despite the whole market being in the red - and the...

Read More

What Might Cause The Next Bitcoin Bull Run

For what seems like forever now, the market has either been trading sideways or trading downwards. This year has been a disappointing one for many cryptocurrency traders, the past two weeks being especially being quite hard-hitting for many investors. The question on everyone's lips is when will the Bitcoin bull run happen? Will it be before the end of 2018 or will it happen sometime in 2019? So many questions yet the one we are going to answer today is what could cause the next Bitcoin bull run. Bakkt There are a few things that could cause to the bulls...

Read More