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Bitcoin Technical Analysis: Short, medium and long term The weekly chart is showing that more downside could be on the cards. 6270.01 is the main support on the downside and beyond that, the internal trendline might stem some losses. If that support is broken then it could lead to some...

The cryptocurrency market has lost over $7.2 billion in market capitalization in less than 24 hours at press time. What Happened The market saw a massive sell-off at around 1:30 PM on Monday that reduced the market capitalization by 2% from $194.3 billion to $187.1 billion in the ...

Bitcoin price analysis: BTC/USD $7000-6800 will be a big test The Bitcoin price on Wednesday is trading in the red by some 0.80%, as some near-term selling momentum picks up pace in the second half of the session. Market bears have resumed pressure to the downside, following a brief...

We continue to see a stark contrast between Bitcoin (BTC) and other leading cryptos ("altcoins") that are bound to thrive and the hundreds of other digital assets that are, or will become, zombie coins with virtually zero adoption in the real world.  This is especially true for the...

Bitcoin technical analysis: BTC/USD edging out of a bullish flag structure Bitcoin price is trading in positive territory, up some 2.60% in the second half of the session.  BTC/USD price action has broken out from a bullish flag structure via the daily view. There is a chunky barrier...

A team of former Morgan Stanley (NYSE: MS) developers has launched a new, "high-speed" cryptocurrency derivatives exchange, according to Cointelegraph. What Happened Eight former developers from Morgan Stanley announced the launch of a "high-speed" crypto derivatives exchange...

Bitcoin technical analysis: BTC/USD heading for big bearish flag retest Bitcoin price is trading in positive territory, up some 2.60% in the second half of the session.  BTC/USD price action is heading for a big retest of a breached flag structure.  There is a chunky barrier of...

Bitcoin technical analysis: BTC/USD bears heading for test of critical support Bitcoin price is trading in negative territory, down some 0.50% in the second half of the session.  BTC/USD is back within-firm control of the market bears, running towards the fourth consecutive session in the red...

Bitcoin Technical Analysis: BTC/USD Extends To Three-Day Losses Out Of A Bearish Flag Bitcoin price is trading in negative territory, down some 1.45% in the second half of the session.  BTC/USD failed to break down chunky supply heading into the $8000 price territory.  The...

BTC/USD Technical Analysis: Perfect Textbook Technical Pattern Is Very Close To Being In Play The head and shoulders pattern is one of the most famous in technical analysis. Now it seems on the 4-hour chart BTC/USD is forming a perfect one. If the price breaks and closed above 7,400 that will...

Bitcoin Technical Analysis: BTC/USD Bulls Must Break $7,500 Or Be Hit By Harsh Rejection Bitcoin price is trading in negative territory, down some 0.90% in the second half of the session. BTC/USD has aggressively been within the control of the bears since 27 October.  A rejection at $7500,...

BTC/USD Technical Analysis: Bitcoin Finds Support At The Channel Low And Now Looks To Be Heading Higher On the daily chart below it is clear to see that Bitcoin bounced off the channel low. BTC/USD feels like it has been in freefall over the last few sessions and now we could see a base. If the...

BTC/USD Technical Analysis: The Main Support Is Still Holding Now the BTC/USD chart is still looking weak with lower highs and lower lows. But the trend will be confirmed on the downside when 7,296.44 breaks lower. There is also a channel forming which is represented by the blue lines. What is...

If you visit crypto websites or ask casual observers, you might come away thinking there are thousands of "cryptocurrencies" in the world. Big mistake! Yes, they're all digital assets. And yes, they look similar on the surface. But less than one-tenth are true cryptocurrencies. So,...

Bitcoin Technical Analysis: BTC/USD Vulnerable To Fresh Wave Of Selling Bitcoin price is trading in positive territory, up some 1.30% in the second half of the session.  BTC/USD vulnerable to a fresh wave of selling pressure, as key support is being breached. Next major support to the...