The widely tracked MACD bitcoin price indicator has turned bearish for the first time in seven months.
Bitcoin is under pressure ahead of U.S. congressional hearings on Facebook’s Libra cryptocurrency on July 16 and 17. But what happens next?
The cryptocurrency markets fell sharply on July 14 after bitcoin (BTC) endured another $1400 sell-off, denying the bulls a chance to revisit 2019 highs.
On thursday evening, the US president stated in a tweet that unregulated crypto assets possess the ability to facilitate unlawful behavior, so far the markets have been slower to react.
Bitcoin’s three-day chart suggests that a “golden cross” is set to occur for the first time since early 2016.
Bitcoin dropped around $2,000 in the last 24 hours, but the outlook isn’t as gloomy as you might think.
The cryptocurrency markets fell sharply on June 10 after bitcoin (BTC) suffered another $1000 sell-off, denying a bullish breakout that looked primed to test its recent 2019 highs.
Bitcoin bolstered its already bullish technical setup with a move above $13,000 earlier today.
Bitcoin’s break above a key price hurdle looks to have set the tone for a retest of recent highs above $13,800.
Bitcoin leaped into the green in the European trading hours, and is now looking to scale key resistance above $12,000.
Crypto exchanges including Huobi, ErisX and Gemini are rolling out the red carpet for high-frequency traders.
CoinDesk details the Chaikin Money Flow indicator, which is used to quantify trend strength around volume and market pressure.
Financial institutions have begun to enter crypto with a quickening pace, setting the tone for the remainder of 2019 and 2020.
The first half of 2019 brought goods times for cryptos in general, and particularly Binance coin. XRP, though, eked out relatively meager gains.
Following a $1,000 overnight drop, bitcoin’s bulls now have target of $12,061 to mitigate bearish pressure.
With the supply of new coins to be halved in less than five weeks, litecoin is outpacing its peers.
After clawing back 25 percent of recent losses, bitcoin looks set to close in the green on July 4 for the fifth consecutive year.
CME’s bitcoin futures product is increasing in popularity, with June setting a record for open interest amid a surge of new account sign-ups.
Bitcoin has risen sharply in the last 24 hours, but a key price hurdle must still be passed to confirm a bull revival.
Bitcoin was trading below $10,000 on exchanges for the first time in 11 days Tuesday morning, and may face further losses ahead.