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Crypto Trader Boldly Predicts Bitcoin Bottom at $6,250

Bitcoin’s move below support of $7,800 after a month of consolidation gave bears and critics ammunition to cheer. Some are even claiming that the king of cryptocurrencies is dead just in time for the spooky season. Finance Twitter influencer called the death of bitcoin. | Source: TwitterBitcoin haters can make all the noise they want but the number one cryptocurrency is not going anywhere. It might go on another selloff but it will eventually regain its bullish composure. One crypto...

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Binance Futures Records $850 Million All-Time High Volume Following Bitcoin’s Price Action

After a few weeks of sideways action, Bitcoin experienced a severe price plunge yesterday, resulting in the lowest price since May this year. The trading volume picked up with the rising volatility. Binance Futures Exchange seemingly caught the tide, and the volume reached its all-time high.Binance Futures Volume ImprovingBack in September, Binance announced the acquisition of a futures exchange. Shortly after, the company launched Binance Futures, allowing traders to use a leverage of up to...

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Bitcoin Price Lost $500 within Minutes to Settle Below $7,500

Photo: Tim Reckmann / FlickrBitcoin had experienced low volatility consolidation in recent weeks. However, the consolidation phase was ended abruptly with a violent drop of almost 10% on October 23 to fall near a 5-month low. At 12:50 UTC, the flagship cryptocurrency plunged by around $500 in 15 minutes to hit a low of $7,500.Bitcoin price reached the lowest level since June 10 as recorded by Bitstamp. After showing mild signs of an upward trend above $8,000, the leading digital token...

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EOS Price Analysis: Signs of Bearish Continuation

EOS price is down more than 8% today and it broke the key $2.700 support area against the US Dollar.The price traded close to the $2.500 support area and it is currently correcting higher.There is a major bearish trend line forming with resistance near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could resume its decline as long as it is trading below the $2.800 pivot area.EOS price is back in a bearish zone against the US Dollar and bitcoin. The price...

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Bitcoin ETF erst ab 150.000 US-Dollar pro BTC

Fundstrat’s Tom Lee äußerte sich diese Woche zum Bitcoin-ETF. Seiner Meinung nach wird dieser erst zugelassen werden, wenn der BTC-Kurs mindestens 150.000 US-Dollar beträgt. Schauen wir auf den aktuellen BTC-Kurs könnte diese Marke noch Jahre entfernt sein.Bitcoin News: Bitcoin ETF erst ab 150.000 US-Dollar pro BTCDer Grund für Lee’s Meinung ist der große Unterschied zwischen der Marktkapitalisierung des BTC und der voraussichtlichen Marktnachfrage.Der BTC fluktuiert aktuell um eine...

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Crypto Winter Is Here: Those Are The Next Possible Targets For Bitcoin Price (Analysis & Overview)

Following yesterday’s analysis, just a matter of hours, Bitcoin couldn’t hold, and the results were devastating.After trading sideways for almost a month, Bitcoin broke down the ‘neckline’ of the Head and Shoulders pattern that was identified here yesterday, followed by a huge red candle of more than $600. As of writing this, the low of the past 24 hours lies at $7300 (BitStamp). Bitcoin had lost $10,000,000,000 from its market cap since yesterday.Technical analysis is, for sure, not science....

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Litecoin (LTC) Price Analysis: Key Support Turned Resistance

Litecoin price is down more than 5% today and it broke the key $51.20 support against the US Dollar.LTC price is correcting currently higher and it could face resistance near $50.00 and $51.20.There is a crucial bearish trend line forming with resistance near $53.75 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if it fails to recover above $50.00 and $51.20.Litecoin price is back in a downtrend below $52.00 against the US...

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US Congressman: Bitcoin Is A Threat To The US Dollar

Yesterday the CEO of Facebook, Mark Zuckerberg appeared before Congress to answer questions, predominantly on Libra, their planned cryptocurrency. Congressman Brad Sherman took the opportunity to bash cryptocurrencies such as Bitcoin, saying that they could pose a threat to the US Dollar.Cryptocurrencies Could Be Harmful To The U.S. DollarDuring the hearing, Congressman Sherman was quick to address the challenges that cryptocurrencies such as Bitcoin could introduce to traditional fiat...

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#735 Bitcoin Bärenmarkt voraus, Coinbase 2 Milliarden verdient & Zuckerberg Kongress Libra

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 735. Heute geht’s um folgende Themen: Bullenmarkt vorbei – Bitcoin Crash auf $7400, Coinbase hat seit 2012 über 2 Milliarden verdient & Zuckerberg steht dem Kongress bzgl. Libra Rede und Antwort. 1.) Bitcoin-Kurs fällt massiv – Das steckt hinter dem Crashhttps://www.btc-echo.de/bitcoin-kurs-faellt-massiv-das-steckt-hinter-dem-crash/ 2.) Coinbase Generated Nearly $2 Billion in Transaction Fees Since...

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Opera Android integriert Bitcoin

Mit der neuen Version 54 von Opera für Android hat der Browseranbieter auch Bitcoin-Support an Bord. Opera spürt den Konkurrenten Brave im Nacken und erfindet sich neu: Der aktuell erhältliche Opera-Browser gibt dessen Nutzer die Möglichkeit, direkt mit Bitcoin zu bezahlen. Ausserdem haben die Opera-Entwickler der verfügbaren Version 54 für das Betriebssystem Android neue...

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