Tag Archives: BTC

Bitcoin May Have Already Hit Bottom, According to Mayer Multiple Indicator

Bitcoin May Have Already Hit Bottom, According to Mayer Multiple Indicator

The Mayer Multiple indicator has successfully predicted the past two Bitcoin bear market bottoms. As the market begins to regain its footing, the indicator has begun to paint a similar picture. Developed by Trace Mayer, the Mayer Multiple (MM) indicator is a value found by taking the current price of Bitcoin (BTC) divided by the 200-day moving […]

Bitcoin Price above $3,000 is Good News for Bulls: Analyst

Bitcoin Price above $3,000 is Good News for Bulls: Analyst

Bitcoin price above $3,000 is good news for bulls, according to Crypto Michael. The full-time trader and cryptocurrency commentator said bitcoin scaling between $3,000 and $5,000 was bullish, adding that a drop below $3,000 would result in an equally strong bullish makeover. “The future perspectives of BTC are brilliant, and we’ll laugh about $5,000 in some […]

Bitcoin (BTC) Analysts Split but Indicators Pointing at “Buy”

Bitcoin (BTC) Analysts Split but Indicators Pointing at “Buy”

Bitcoin Price Analysis Fundamentals In a space brimming with FUD, scares, and hype, traders ought to be pragmatic and level-headed to avoid liquidating an undervalued asset at a discount. First, we should note that Bitcoin prices reached highs of $5,500 a few hours after news of NDRC proposing of banning Bitcoin and crypto mining activities. […]

Analyst: Despite Today’s Drop, Bitcoin (BTC) Not Likely to Retrace To 4,000

Analyst: Despite Today’s Drop, Bitcoin (BTC) Not Likely to Retrace To 4,000

Following Bitcoin’s overwhelmingly positive price action over the past couple of weeks, the cryptocurrency has finally hit a strong level of resistance that sent it spiraling downwards. Now, BTC is beginning to establish fresh levels of support and resistance, which may lead to the formation of a fresh trading range. Although today’s drop has allowed […]

Coinbase Launches Crypto Visa Debit Card for UK and EU Customers

Coinbase Launches Crypto Visa Debit Card for UK and EU Customers

Cryptocurrency exchange Coinbase has launched a Visa debit card allowing customers in the U.K. and EU to spend their cryptocurrencies directly from their Coinbase accounts. The San Francisco-based firm announced the news in a blog post on Wednesday, saying that with the “Coinbase Card,” customers will be able to spend their bitcoin (BTC), ether (ETH), litecoin (LTC) […]

200 FINANCIAL INSTITUTIONS NOW USE RIPPLE XRP

200 FINANCIAL INSTITUTIONS NOW USE RIPPLE XRP

Blockchain technology has garnered much attention over the last few years from both critics and advocates alike. Put simply, blockchains essentially provide a way for untrusted parties to decide on the state of a database without using an intermediary like a bank. And with global banking being a $134 trillion industry, blockchain technology and distributed ledger technology […]

Crypto Lender Dharma Officially Launches on Ethereum Blockchain

Crypto Lender Dharma Officially Launches on Ethereum Blockchain

Opportunities to earn interest on your crypto are increasing, and Dharma is the latest to enter the fray. Announced Monday, lending startup Dharma is now open to everyone. Lenders and borrowers are matched peer-to-peer to set up crypto lending terms in a non-custodial fashion, governed by Dharma’s smart contracts. Dharma will differentiate itself from others in the market […]

BITCOIN PRICE BULLS SHOW UP ON SATURDAY, PUSH BTC BACK ABOVE $5100

BITCOIN PRICE BULLS SHOW UP ON SATURDAY, PUSH BTC BACK ABOVE $5100

BITCOIN’S HOURLY EMA RIBBON PROVIDING SUPPORT On the one-hour chart for Bitcoin, the exponential moving average (EMA) ribbon has, thus far, provided significant support for the price of BTC. Bitcoin chart provided by TradingView. The bitcoin price only dropped below the EMA ribbon once, on April 4 for a few hours, since commencing on its uber-bullish […]

Ethereum (ETH) Very Likely To See A Double Digit Price In The Weeks Ahead

Ethereum (ETH) Very Likely To See A Double Digit Price In The Weeks Ahead

Bitcoin (BTC) is overbought on the weekly time frame but not as overbought as Ethereum (ETH). The 1H chart for ETH/USD shows that the price has been repeatedly testing the support it dropped below yesterday as a strong resistance now. This resistance has very low odds of being breached especially when the Stochastic RSI on the 1H […]