Latest Bitcoin News Like Bitcoin prices shifting, so is Bill Gates-the founder of Microsoft who back in 2014 said Bitcoin is “used to buy drugs like synthetic opioid fentanyl” and the “anonymity of digital currencies meant they were linked to terrorist funding and money laundering” to admitting how transformational Bitcoin and cryptocurrencies have been especially… Continue reading Bitcoin Price Analysis: BTC is a “Melting Ice Cube” Says CEO
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Bitcoin Price Analysis: BTC/USD Lose $202 to $3,800 as Sellers Flow Back
Latest Bitcoin News Thing is, the crypto market especially BCH continues to dump and as a result, the future of the cryptocurrency market continues to draw mixed opinions. Some are expect this decline to extend throughout Q1 2019 while others are positive that bulls will snap back to action next year. The reason for this… Continue reading Bitcoin Price Analysis: BTC/USD Lose $202 to $3,800 as Sellers Flow Back
BTC/USD Price Analysis: Fate of Nine Bitcoin ETFs to Be Decided After Today
Encouragingly, the market is bullish and Bitcoin is up printing a three-bar reversal pattern as participants reject lower lows. We expect the recovery to continue this week as the SEC is set to announce the fate of nine Bitcoin ETF as the commenting period concludes today. Should these proposals be compliant with SEC stringent requirements… Continue reading BTC/USD Price Analysis: Fate of Nine Bitcoin ETFs to Be Decided After Today
BTC/USD Bitcoin Price Analysis: China’s support of BTC Very bullish
China is important. It is home to the largest Bitcoin mining companies and their citizens are fast adopters. Therefore, the recent court ruling is bullish and could fast-track Bitcoin loss reversal driving prices back above $7,000 in the process strengthening market confidence. So far, BTC/USD pair is stable and down one percent in the last… Continue reading BTC/USD Bitcoin Price Analysis: China’s support of BTC Very bullish
Bitcoin Price Analysis: BTC Accumulates, Bull Break-Out Likely
Law and order dominates. Inevitably for policy makers, they are now drafting laws after realizing Bitcoin and cryptocurrencies are here to stay. Regulators in Japan, South Korea and Thailand were the first to pick up early signals but now, the wave is sweeping across Europe. Overly this is good and could help drive Bitcoin and… Continue reading Bitcoin Price Analysis: BTC Accumulates, Bull Break-Out Likely
Bitcoin Price Analysis: Failure of Buyers to Close Above $7,000 is Bearish for BTC
After three weeks of bulls, Bitcoin prices are yet to breach the $6,800–$7,200 main resistance zone. With this, bears are in control as Sep 5 bearish pattern overshadow buy attempts. Remember, this is printing at the time when investors, market influencers and traders are “over the top bullish”. This is all thanks to week ending… Continue reading Bitcoin Price Analysis: Failure of Buyers to Close Above $7,000 is Bearish for BTC
Bitcoin Price Analysis: BTC a Commodity, Not Property Subject to Capital Gains Tax
Bitcoin prices are sensitive to regulatory news and this week’s judgment that Bitcoin is a commodity did spur more confusion. Needless, prices are largely unaffected and are in fact stable adding two percent in the last week. Like last week, traders are expecting higher high meaning our last Bitcoin trade plan is still valid. Latest… Continue reading Bitcoin Price Analysis: BTC a Commodity, Not Property Subject to Capital Gains Tax
Bitcoin (BTC) Price Analysis: 6 TIMES—The Number of Times Bitcoin Has Retested $6,000 in the last Three Months
From a top down approach, it’s clear that sellers are in charge as BTC is down a massive 11 percent thanks to Sep 5 selling spree. Regardless, there is optimism for cryptocurrencies and Bitcoin in particular stemming mainly from bullish fundamental developments. This divergence means there is potential for BTC to recover in coming days.… Continue reading Bitcoin (BTC) Price Analysis: 6 TIMES—The Number of Times Bitcoin Has Retested $6,000 in the last Three Months