Pattern

Top 5 Cryptos Other Than Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV

Source Node: https://cointelegraph.com/news/top-5-cryptos-other-than-bitcoin-this-week-mar-29-xmr-bnb-ht-cro-bsv
Time Stamp: April 5, 2020 12:27 PM - Modified On: May 21, 2021 - Published By:
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Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it has warned that this move could have a “severe impact on unbanked and older consumers.”  Chamath Palihapitiya, the billionaire CEO of venture capital firm Social Capital, believes that the setting is right for Bitcoin (BTC) to

Top 5 Cryptos Not Named Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV

Source Node: https://cointelegraph.com/news/top-5-cryptos-other-than-bitcoin-this-week-mar-29-xmr-bnb-ht-cro-bsv
Time Stamp: April 5, 2020 12:24 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it has warned that this move could have a “severe impact on unbanked and older consumers.”  Chamath Palihapitiya, the billionaire CEO of venture capital firm Social Capital, believes that the setting is right for Bitcoin (BTC) to

This Historically Accurate Pattern Suggests Epic Bitcoin Plunge to $3K

Source Node: https://cointelegraph.com/news/this-historically-accurate-pattern-suggests-epic-bitcoin-plunge-to-3k
Time Stamp: April 4, 2020 4:50 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining volume of BTC suggests it is not likely.The Bitcoin price has been ranging in between $5,800 and $6,900, with an exception of a brief wick to $7,300 on April 3. BTC-USDT 4H chart. Source: TradingViewTechnical analysts say that the declining volume of Bitcoin put together with stagnant open interest in futures and the abrupt V-shape recovery of

Bitcoin Price Prediction: BTC/USD Failed Breakout; Price Remains Below $6,800

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-failed-breakout-price-remains-below-6800/256526
Time Stamp: April 3, 2020 6:41 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 3At the moment, BTC/USD dropped by a total of 0.65% within 24 hours as it trades at the $6,760 level.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartThe daily chart reveals that BTC/USD failed to break the upper boundary of the ascending channel with the current consolidation pattern once again as it fails to close above the $6,800 level. The Bitcoin (BTC) started the day off by trending higher toward the $7,000 level only to

Market Volatility Continues Amid COVID19 Uncertainty

Source Node: https://www.bitcoinmarketjournal.com/market-volatility-continues-amid-covid19-uncertainty/
Time Stamp: April 3, 2020 5:36 PM - Modified On: May 21, 2021 - Published By:
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In times of deep crisis such as this it’s important to stay true to who we are and that seems to get more and more difficult the deeper we get. Last night, I engaged in an interesting discussion on social media when Bruce Fenton posed the question “Are mandated lockdowns right or wrong?” This is something that another bitcoin though leader, Jimmy Song, is on record as being staunchly against and the libertarian in me tends to agree. Jimmy’s point here is simply that a pattern has arisen throughout history

2 Reasons a Deeper Correction in Stocks May End Bitcoin’s Rally to $8K

Source Node: https://cointelegraph.com/news/2-reasons-a-deeper-correction-in-stocks-may-end-bitcoins-rally-to-8k
Time Stamp: April 3, 2020 4:47 PM - Modified On: May 21, 2021 - Published By:
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The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the dominant cryptocurrency to the $8,000 area. But, a highly accurate hedge fund manager’s stock market warning could rattle the cryptocurrency market in the short-term.Dan Niles, the founding partner of Alpha One Capital Partners, said in a note to clients that the dire economic consequence of the coronavirus pandemic could lead to a steeper correction in the U.S. stock market.With Q2 earnings set to

Ripple Price Prediction: XRP/USD Prints a Bearish Pattern despite Touching $0.18 Level

Source Node: https://insidebitcoins.com/news/ripple-price-prediction-xrp-usd-prints-a-bearish-pattern-despite-touching-0-18-level/256502
Time Stamp: April 3, 2020 1:12 PM - Modified On: May 21, 2021 - Published By:
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XRP Price Prediction – April 3Ripple price technical picture is healthy but a rising wedge pattern could force a free-fall to $0.16.XRP/USD MarketKey Levels:Resistance levels: $0.21, $0.22, $0.23Support levels: $0.15, $0.14, $0.13XRPUSD – Daily ChartToday, XRP/USD impressively cleared the resistance at $0.18. The surge followed stability and brief consolidation above $0.17 level. However, XRP/USD is trading at $0.177 at the time of writing as the coin is losing 0.84% on the day. Meanwhile, the surge above $0.18 hit a wall at $0.183, giving way to selling pressure which forced the

Crypto Price Analysis: Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Huobi Token (HT), Ethereum Classic (ETC)

Source Node: https://coinfomania.com/crypto-price-analysis-bch-bsv-ltc-ht-and-etc/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-price-analysis-bch-bsv-ltc-ht-and-etc
Time Stamp: April 3, 2020 11:08 AM - Modified On: May 21, 2021 - Published By:
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While the general cryptocurrency market is recording profits over the last 24 hours, Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Huobi Token (HT), Ethereum Classic (ETC), are in their bear markets.  The cryptocurrencies have reached the oversold regions of the market. Presently, the altcoins are in bullish momentum recovering from the previous losses. BCH/USD Major Trend: Bearish Bitcoin Cash (BCH) is in a bear market. The bulls have been making concerted efforts to come out of the downtrend. One of the attempts is the breaking of the resistance line

Ethereum Price Prediction: ETH/USD Finally Breaks Above the Channel; Aims At $150

Source Node: https://insidebitcoins.com/news/ethereum-price-prediction-eth-usd-finally-breaks-above-the-channel-aims-at-150/256289
Time Stamp: April 2, 2020 5:56 PM - Modified On: August 29, 2021 - Published By:
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ETH Price Prediction – April 2ETH/USD started today on a negative note but a sustainable move above $150 will improve the technical picture.ETH/USD MarketKey Levels:Resistance levels: $170, $180, $190Support levels: $110, $100, $90ETHUSD – Daily ChartETH/USD has tested $135 during early Asian hours as the price went down and touched the $133.56 level but later managed to recover above $150 to touch $151.74. The price of Ethereum (ETH) with the current market value of $141 has stayed unchanged on a day-to-day basis and gained nearly 3.84% since the coin rebounded

Decoupling? Bitcoin Price Surges Above $6.7K as Stocks Again Bearish

Source Node: https://cointelegraph.com/news/decoupling-bitcoin-price-surges-above-67k-as-stocks-again-bearish
Time Stamp: April 2, 2020 1:56 AM - Modified On: August 29, 2021 - Published By:
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Since topping out at $6,500 on March 31, Bitcoin (BTC) price had spent the majority of Wednesday in a steady slump which saw the price drop from $6,494 to $6,147. The pullback mirrored the poor performance in traditional markets where the S&P 500 and Dow dropped by 4.41% and 4.44% respectively. The slump in traditional markets appeared to be a reaction to dismal news that the United States surpassed more than 200,000 Coronavirus cases. Earlier this week the White House also stated that it concurs with the estimate that up to

Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-1-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 1, 2020 3:00 PM - Modified On: August 29, 2021 - Published By:
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The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current crisis shows that it has arrived on the big scene and that it can weather a storm better than some of the traditional asset classes. This is likely to attract several institutional players to Bitcoin.Now, what can we hope for during the second quarter? Bitcoin has a very important halving event coming up next