Bitcoin price extended its decline below the $33,500 support against the US Dollar. BTC is now consolidating above $32,200, below which it could accelerate lower. Bitcoin started a fresh decline below the $33,500 and $33,200 support levels. The price is now trading below the $33,000 support and the 100 hourly simple moving average. There is…
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Ethereum continues on a path of more adoption as the asset has seen the addition of over 5 million new and unique addresses added over the past 30 days. This comes as bitcoin continues to record declines in the number of active addresses in the network. Ethereum remains the largest smart contracts network and the…
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Bitcoin price is at a critical inflection point according to most analysts across the market, either ready to lose support and fall deep into a bear market, or about to climb to new highs – nothing in between. Those on the bearish side of the fence are already calling for lows under $10,000 and others…
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Bitcoin has been rejecting one more time in the upper levels of its current range. At the time of writing, BTC trades at $32,915 with a 5.1% and 6.3% loss in the 24-hour and 7-day charts. BTC after rejection in the daily chart. Source: BTCUSD Tradingview The price action of the last days has investors…
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Bitcoin fast approaching towards a critical intersection of macro support, according to a crypto analyst. Critical Intersection Of Macro Support As pointed out by a Bitcoin analyst on Twitter, the cryptocurrency is coming closer to an intersection with a macro support curve. BTC macro support curve | Source: TheCryptoCactus The above chart showcases how Bitcoin…
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Bitcoin price has been fluctuating highly in the last week. Amidst news of bitcoin whales stocking up on bitcoin, the price jumped up past $34,000. Briefly breaking $35,000 yesterday afternoon before coming down to continue trading n the $34,000 range again. But the past 24 hours have seen the coin take a good dip in…
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Presently in a National Park, Mount Olympus, was at one time home to some of the most powerful Greek gods. According to ancient Greek legend, the mountain Olympus was built after the younger gods defeated the titans in the battle for control of the world. The peaked mountain, according to experts, was created to hide…
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The Russian prosecutor general allegedly reports that cryptocurrencies are being utilized for bribing. As a result, Russia introduced cryptocurrencies into its legal system and as a taxable value in 2020. The country has also banned its public officials from possessing crypto with effect from this year. Russia is now assembling legislation to ensure that law-enforcement…
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Ethereum started a fresh decline after it failed to surpass $2,400 against the US Dollar. ETH price could decline further if it fails to stay above the $2,250 support. Ethereum is slowly moving lower below the $2,300 support zone. The price is now trading below the $2,280 support and the 100 hourly simple moving average.…
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Bitcoin price failed again to clear the $35,000 resistance against the US Dollar. BTC started a fresh decline below $34,000 and it remains at a risk of more downsides. Bitcoin started a fresh decline after it failed to settle above the $35,000 resistance zone. The price is now trading below the $33,500 support and the…
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