By examining a well-known technical component, the popular YouTuber The Moon believes that Bitcoin could be heading towards $6,000 in the next few months if it breaks the vital $8,500 level.Bitcoin And The Wyckoff Distribution PatternThe cryptocurrency analyst initially posted the chart on Twitter in which he has inserted BTC’s current position on the Wyckoff distribution pattern. It works as a medium-term technical instrument that begins in a preliminary supply stage (PSY) where the asset’s...
Read More »Core Scientific annonce l’achat de 17 000 ASICs Bitcoin
La société Core Scientific, spécialisée dans le « minage » de bitcoins aux Etats-Unis, a annoncé vendredi dernier un projet d’achat de 17 595 S19 à la société Bitmain. Core Scientific posséderait aujourd’hui cinq fermes d’une puissance de 381 MW de puissance. Cette acquisition pourrait lui permettre d’atteindre les 450 MW. Source : apnews.com ...
Read More »Crypto Research Report Says Bitcoin Price Could Reach $400,000 by 2030
Currently, Bitcoin is trading at $9,107.86. The prognosis by Crypto Research Report implies a price increase of more than 3,500% for BTC by 2030. Crypto Research Report, a company that focuses on crypto-assets studies, has released its June 2020 edition. There, Crypto Research Report shared its vision of valuation of major altcoins, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Stellar (XLM).And the prognosis the analysts give for crypto prices are dazzling....
Read More »Ethereum Price Analysis: ETH Dropped Below a 3-Month Rising Trend As Bears Start to Settle, What’s Next?
Ethereum saw a sharp 5.6% price fall this past week as it drops to $223.This has caused ETH to penetrate beneath a rising trend line that has been in play since mid-March 2020.Against Bitcoin, Ethereum failed to overcome 0.0253 BTC again and dropped to 0.0245 BTC.Key Support & Resistance LevelsETH/USD:Support: $215, $210, $200.Resistance: $225, $245, $250.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0236 BTC.Resistance: 0.025 BTC, 0.0253 BTC, 0.026 BTC.ETH/USD: Ethereum Falls Beneath Rising...
Read More »Tone Vays: Bitcoin Price Won’t Break $10,000 This Year
Bitcoin’s price will continue trading in a tight range between $6,000 and $10,000 until the rest of the year, believes popular BTC analyst Tone Vays. He also thinks that short-term breaches above $10k are insufficient since the asset heads back down almost immediately.BTC Between $6k And 10KThe price of the primary cryptocurrency has been on a roller-coaster since the start of the year. It entered the new century at about $7,200, but the bulls quickly took charge and spiked it to above...
Read More »Someone Immortalized The Birth of His Son Using Bitcoin’s Network
In an exciting showcase of the capabilities of Bitcoin’s network, someone has included a message in a specific BTC transaction, welcoming his newborn son to the world.Hello, Noah!In a rather interesting Reddit thread, a user of Bitcoin’s network demonstrated one of the more compelling use cases of its blockchain.“I immortalized the birth of my first child in the best immutable and decentralized database I know of.”As seen in the picture above, the user has sent 0.00104 BTC, worth just shy of...
Read More »Bearish: Positive Bitcoin Mentions Approach New 2020 Low As Fear Index Surges
Recent data revealed that the number of positive Bitcoin mentions on the popular social media platform Twitter has dropped significantly since the halving in May.At the same time, the fear and greed index has downgraded from its neutral stance in May to a more fearful state in June.Twitter BTC Positivity DropsAccording to the data from the monitoring company Santiment, the number of positive Bitcoin mentions on Twitter reached its yearly high on May 12th – a day after the third halving. At...
Read More »Bitcoin Continues to Fight for $9,000 As Altcoins Recover Slightly
This weekend was rather exciting for Bitcoin’s price as it finally made a decision and broke out of a rather tight trading range. Unfortunately, it was to the downside, and BTC touched $8,816 on Binance Futures yesterday.Most of the large-cap cryptocurrencies followed Bitcoin but are now recovering while BTC continues to fight for the important $9,000 level.Bitcoin Price Around $9,000: The Fight ContinuesAfter plunging to about $8,816 on Sunday, Bitcoin’s price rebounded and reached as high...
Read More »#913 Bitcoin wird 2020 nicht 10.000 Dollar knacken, Peter Schiff vs Max Keiser & McAfee Ghost Coin
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 913. Heute sprechen wir über folgende Themen: Bitcoin-Kurs wird 2020 nicht mehr die 10.000 US-Dollar knacken, Peter Schiff provoziert Max Keiser – BTC auf Null & McAfee Ghost Coin HongKong Vending Maschinen. Die heutige Show wird gesponsert von PrimeXBT.com – Handel mit über 30 Vermögenswerten per Bitcoin – https://bit.ly/PrimeXBT-DE [embedded content] 1.) Tone Vays: Bitcoin-Kurs wird 2020 nicht mehr die 10.000 US-Dollar...
Read More »Stellar Lumen (XLM) Price Recovery Could Fail Near $0.066 And $0.068
Stellar lumen price declined sharply after it failed to clear the $0.0720 resistance against the US Dollar.XLM price tested the $0.0500 support level and settled well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0650 on the 4-hours chart (data feed via Kraken).The pair is likely to resume its decline if it fails to clear the $0.0660 and $0.0680 resistance levels.Stellar lumen price is currently recovering from the $0.0500...
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