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Consulting24 has launched BuyBitcoin24 domain to compare best crypto exchanges

With all the excitement, Consulting 24 is happy to invite those interested to buy bitcoin for using its newly launched exchange comparison domain www.buybitcoin24.com. Recently, the company has started a new domain for comparing exchanges against various parameters such as trading volume, exchange fees, supported currencies, etc to provide visitors with a detailed and intensive comparison score. Hence, allowing users to choose the right exchange for the highest profitability.  The domain named BuyBitcoin24 since inception has been able to attract high engagement from its users’ base. One can derive conclusions from the results the website is able to produce. And,...

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BTC/USD Longs Eyeing 9582.92: Sally Ho's Technical Analysis 9 July 2020 BTC

Bitcoin (BTC/USD) extended recent gains above the psychologically-important 9000 figure early in today’s Asian session as bulls attempted to get back above the 9379.34 area that the pair peaked around earlier this week.  Buying pressure emerged around the 9201.57 area during yesterday’s Asian session, a level it encountered when traders tested the 9198.46 area that represents the 38.2% retracement of the recent appreciation from 8905.84 to 9379.34.  BTC/USD was capped in the short-term around the 9337.99 area, just below the 9338.59 area that represents the 78.6% retracement of the depreciation from 9375.90 to 9201.57.   Traders are eyeing the 9418.79, 9516.43,...

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Don’t Miss This Bitcoin Trade

Bitcoin is getting ready for that big downtrend now that it is done testing the trend line resistance. The daily chart for BTC/USD shows that it has also tested the 50-day moving average and faced a rejection at it. This points to one conclusion and that is the beginning of the long-anticipated downtrend from this point forward. As discussed before, we are in no hurry and would be waiting for ample confirmation before we go short on the market.  As of now, retail consensus seems to be shifting to the bullish side after the recent rally. There are reports that...

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OKEx CEO suggests a second US stimulus package could have a positive impact on BTC

The chief executive officer of OKEx has indicated that if a second stimulus plan was executed, the price of bitcoin could significantly benefit in value.  In a post, the CEO explained that since the first stimulus bill was signed, the leading cryptocurrency spiked by 60%  The chief executive officer of the OKEx crypto platform, Jay Hao has indicated that if a second United States stimulus plan was executed, the price of bitcoin could significantly benefit in value.  In a post published on LinkedIn, the CEO explained that since the first $2.2 trillion stimulus bill was signed at the end of...

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Upward BTC/USD Momentum Focused on 9558 and 9621: Sally Ho's Technical Analysis 8 July 2020 BTC

Bitcoin (BTC/USD) continued to maintain some progress above the psychologically-important 9000 figure early in today’s Asian session as traders contemplated the pair’s next moves following its recent high print around the 9379.34 area during yesterday’s Asian session.  Traders are closely monitoring three recent depreciating ranges including the move from 9792.00 to 8815.01, the move from 10018.67 to 8815.01, and the depreciation from 10428.00 to 8815.01.  Important technical levels related to these depreciating ranges include the 9416.84, 9418.79, 9561.43, 9558.87, 9582.92, 9621.51, 9734.61, 9761.09, 9811.84, 10047.33, and 10082.82 areas.  Stops are likely in place above some of those technical levels, and...

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