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Bitcoin Just Reversed and Its Vulnerable To A Drop Towards $5,200

After a decent upward move, bitcoin struggled to gain momentum above the $6,500 resistance against the US Dollar. BTC price made a couple of attempts to settle above $6,500, but it failed. As a result, there was a fresh decline below the…
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Ripple (XRP) Is Plunging, But It’s Too Early to Say Bulls Have Given Up

After retesting the $0.1450 support area, ripple failed to continue above the $0.1620 resistance. XRP price made a couple of attempts to surpass the $0.1620 barrier, but it failed. As a result, there was a fresh decline below the $0.1550…
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Bitcoin Provides a Modern Solution for Unhygienic Fiat Currency

Bitcoin and cryptoassets may provide a solution for the unhygienic use of fiat currency, particularly in light of the coronavirus outbreak. According to a previous report by the South China Morning Post (SCMP), the People’s Bank of China…
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Analyst Who Predicted Bitcoin’s Crash to $3,000 Says This Comes Next

Over the past few days, Bitcoin saw some bullish price action for the first time in weeks. This rally took the asset as high as $6,900, up 80% from the $3,800 bottom seen last week and up 28% from the $5,400 baseline.  Unfortunately, it…
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Bitcoin Price Pumps 20%, Are Bulls Running Into a Trap?

Bitcoin analysts can’t agree on whether this latest pump will keep seeing BTC price soar. Some seasoned traders are celebrating Bitcoin’s decoupling from the stock market while others are calling for caution. $BTC Bitcoin (BTC) Steadily…
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Binance Just Moved $470.8M of Bitcoin For This Tiny Fee

When the worst is over and we emerge from this ongoing crisis, more eyes will eventually turn to Bitcoin. Not only has it not halted trading during the mass sell-off like the traditional markets, but it continues to demonstrate its…
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Bitcoin is Flipping a “Key Level” as Multiple Bullish Factors Begin Emerging

Bitcoin saw a notable rally today following a prolonged bout of sideways trading, which has so far led the cryptocurrency to rally up towards the $6,000 region. This movement has come about as the traditional markets trade sideways,…
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Ripple (XRP) Lack of Strength Suggests False Rally or Just Correction

In the past three sessions, ripple gained strength above the $0.1400 and $0.1450 resistance levels. XRP price surged above the $0.1500 resistance level to move into a short term positive zone. Besides, there was a sharp move above the…
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Bitcoin Price Breaks $6K, Biggest Daily Gain Since October

Bullish traders are cautiously buying crypto as the sentiment is improving in traditional markets as well. Bitcoin has been watching very closely how the other markets were doing, copying their moves during the coronavirus crisis. However,…
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Bitcoin Crash Was Caused By This Group, Chainalysis Report

A recent report from Chainalysis showed that trading volumes on crypto exchanges surged to new all-time highs, mostly driven by bears. Starting on March 9, exchanges worldwide note an unprecedented activity from those who want to sell…
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