Yesterday's trading was in great uncertainty, there was positive news that did not allow sellers to push prices lower, but on the other hand, many investors still decide to stay out of the market in anticipation of the G20 meeting. For yesterday's trading Bitcoin traded in a narrow range of 9,000.00 - 9,300.00 where the price is at the moment. Ethereum also failed...
While investors are waiting for a closed meeting of finance ministers of the G20 countries on the issue of cryptocurrency, they sell their coins, as a result of which the market is declining, it is possible to consider in more detail what will be discussed at the meeting. There are reasons for this because today Minister of Finance Vopka Hestra sent a letter to...
The first day of the trading week in the market, the cryptocurrency is in green. Over the past two days, bitcoin has grown and returned 15% of the decline that occurred last week, when the market was under pressure and fell by 26.8%. Now bitcoin is in the range of 9,500.00 - 10,000.00 and according to the technical analysis the chart gives signals to consider...
Last week Bitcoin noticeably lost and the price of the main cryptocurrency returned to the borders of the descending channel. If you look closely at the events and the movement of Bitcoin's price, there will be a feeling that we have already seen this and there are reasons for this. The bad news that media outlets posted last week are generally similar to the news...
Today, the crypto-currency market is under strong pressure and we are seeing active sales by speculators, which are caused by panic-negative sentiment due to the recent bad news. Bitcoin is already trading near the level of 8,500.00 USD. On the other hand, this is a good opportunity for large investors to enter the market on long-term long strategies and get good...
The panic after yesterday's news subsided and bitcoin traded in a narrow range between 9500.00 and 10100.00. This strong impulse was triggered by news from the US and Japan where the regulators continue to take decisive action against the scope of the crypto market, as well as a report on the problem at the largest Binance exchange with their API and the...
Bitcoin continues to decline the second day and if you look at the 4-hour price chart, you can see a strong psychological level that the price tested the second time and also failed to pass. This gives reasons for large investors to think about the fact that a reversal pattern can form and not consider bitcoin as an investment tool in the crypto market. An...
Since yesterday, Bitcoin continues to decline after an unsuccessful attempt to pass the resistance level of 11,600.00 "BTC/USD" and the price approaches a strong support level at 10,200.00 which is likely to be tested today. The market is now moderately negative sentiment because bidders receive news on the actions of regulators of different countries and the...