Bitcoin [BTC] failed three attempts at $10,000 in a span of one month. Yesterday, the rejection from the top was again violent to lows bellow $9100 causing $70 million long liquidations on BitMEX. The overall view of the market seems to have shifted bearish. It is also due to the coincidence of an equivalent drop
Tezos [XTZ] records 8.04% gain in the last 24 hours w.r.t. USD as the price moves up to $2.87. Technically, the price has at a critical break-out level with the push received by positive adoption news. Banco BTG Pactual, the largest investment bank in Latin America issued real estate tokens on the Tezos blockchain. Last
Bitcoin halving is only a week away from now, and the market anticipations running high. The google search trend for ‘Bitcoin Halving’ reports a four fold increase in comparison with the last event in 2016. Moreover, past investors have also been weary of a ‘sell the news’ event, which is also consistent with last time.
Bitcoin [BTC] monthly close for March 2019 was above the resistance the long-term resistance at $$6425. Despite the bearish threat due to the Coronavirus sell-off, the price bounces above 64% from lows at $3850. According to prominent traders, Cred, while it is a positive signal, it is no reason to FOMO into buying. He tweeted,
Bitcoin sentiments are currently in an uncharted territory, never before has it witnessed an economic crash nearing recession. In fact, it was launched during the after shocks of the previous one. The volatility in the markets is so high that we have witnessed two 50% moves in the last two days. Nevertheless, in accordance with
Bitcoin’s dominance rises back to 64.1% as the bears have started to return to crypto markets. It logged a swing low of around 61.9% on 10th February, as Ethereum, Tezos, Link and other altcoins recorded hefty gains, even w.r.t. BTC. As reported earlier on CoinGape, due to the higher systematic risk of altcoins w.r.t. Bitcoin,