If you’ve been on Crypto Twitter, you know of AngeloBTC, what some would call a “legendary” Bitcoin investor. Indeed, prior to his effective retirement, he had over 3,000 BTC worth of registered notional profit on BitMEX, making him one of the most profitable traders on the platform. Ever. While he has since bowed out of…
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The crypto market has seen some grave price action over the past several days and weeks, with yesterday’s capitulatory meltdown marking one of the worst that the markets have ever seen in their short history. Yesterday’s selloff – which came about in tandem with the traditional markets seeing one of their worst days in over…
DetailsBitcoin really hasn’t done too well over the past few days; since the $9,200 peak seen on Saturday, the price of the cryptocurrency crashed as low as $3,800, marking a more-than-50% crash from the weekly high. Fortunately, bulls were given some breathing room on Friday, when the cryptocurrency rallied back above $5,000 to as high…
DetailsAfter Thursday’s brutal crash and the follow-up wick on Friday morning, Bitcoin investor sentiment is down in the dumps; many believe there are few reasons to be bullish on the short-term to long-term prospects of the leading cryptocurrency. While this was seemingly true when BTC traded as low as $3,800, analysts are saying that the…
DetailsRipple is down more than 50% in a day and broke the $0.1500 support against the US Dollar. XRP price tested the $0.1200 support area and it is currently showing a few recovery signs. Ripple price is down more than $0.1000 and it recently tested the $0.1200 support against the US dollar. The price is…
DetailsBitcoin is down more than 50% and broke many key supports such as $5,000 against the US Dollar. BTC price seems to be forming a short term bottom near $4,000 and it could recover. Bitcoin tumbled below many important supports and tested $4,000 against the US Dollar. The price is currently recovering from a major…
DetailsRecently, in search of easy and big profits, to the crypto market have come many new investors who thoughtlessly invested money and manipulated the price of cryptocurrencies, as a result of which this Big Bubble burst. The great and terrible “Crypto-disaster of 2018” happened during which many coins either lost their entire price or still…
DetailsHighlights: Bitcoin plunges to $3.8K for the first time since April 2019. The cryptocurrency’s deep dive came alongside a massive liquidation spree on the BitMEX crypto exchange. The price recovered by $2,000 but left the market in further distress, especially amidst the rising Coronavirus risks on global financial markets. Bitcoin fell to its 10-month low…
DetailsYesterday, the cryptocurrency market was a complete bloodbath, bringing Bitcoin to under $4,000 briefly before a rebound occurred. Despite the carnage, according to the asset’s most serious valuation models, the price action wasn’t anything radical and the first-ever cryptocurrency is still tracking along healthy as can be. Bitcoin Bloodbath Wasn’t Enough to Break Serious Valuation…
DetailsBitcoin did the unthinkable early this morning and lost support at $7,500, causing the cryptocurrency to plunge to $5,800 in a 30-minute long hell candle. The sell0ff driven by growing coronavirus and recession fears, has led to the highest level of Bitcoin trading volume on Binance ever recorded. This could indicate that the latest move…
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