Bitcoin Blockchain and Cryptocurrency News Center
Crypto prices keep crashing, and it seems like there’s no bottom in sight. Here are three reasons why cryptocurrency prices keep falling, as the Cointelegraph listed. Crypto prices keep falling, but why? This year’s market crash has turned most winning portfolios into net losers, and new investors are probably losing hope in Bitcoin (BTC). Investors know […]
Josh Olszewicz, a popular crypto analyst on Twitter, explained in a tweet that the latest drop was sparked when it was denied at its 200-day EMA, and that a daily death cross is close to forming.
Over the last 10 days the cryptocurrency markets have endured a massive sell-off across the board, the CoinTelegraph reported on November 22. There are a number of reasons that have led to the highly bearish sentiments on the market but seeing red has been difficult for many. As the value of Bitcoin and numerous altcoins have continued to decline to depressing levels, and […]
Analysts at Bloomberg Intelligence predict that Bitcoin (BTC) “has further to fall,” Bloomberg reported Nov. 16. “Bitcoin’s no longer boring” declares Bloomberg, before stating that analysts predict the price could fall as low as the $1,500 point, a further 70 percent drop in the coin’s price, the CoinTelegraph reported. Bloomberg cites hedge fund founder Travis Kling saying […]
With the number of strong support levels increasing for bitcoin (BTC), the bitcoin bears are facing an uphill battle, the CoinDesk reported November 2. The latest addition to the list is the support of the trendline connecting the November 2011 and August 2016 lows, currently at $5,830. Up to Oct. 31, the two key support […]