
Bitcoin Dropped Below $6,400 Raising Speculations that Bear market was Imminent
Bitcoin was at a point on Friday trading below $6,400 raising fears that a bear market was imminent. For instance, data from Coinmarketcap shows that at
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.
Bitcoin was at a point on Friday trading below $6,400 raising fears that a bear market was imminent. For instance, data from Coinmarketcap shows that at
Even as BTC/USD prices retrace, we shall maintain a bullish outlook recommending buys on dips with safe stops at $6,300, Oct 29 lows. Everything else constant
After an encouraging rally from 4th through 6th of november, Tron turned bearish from the 7th until today on 9/11/2018.
Though the US SEC involvement is a big stamp of approval of ICOs, ETH/USD is technically bearish. Attempts of higher highs are overshadowed by Sep 5
In general, the last 24 hours have witnessed an upward trend across the board, as several cryptocurrencies separated from a rather unattractive side trend to register
Coupled with market wide confidence and recent Weiss Ratings, chances are XRP/USD will print higher in coming days. Already we are beginning to see hints of
As regulators from the US and Hong Kong step in, talks of manipulation will drastically reduce as institutional clients flock in. Already hints are there and
Joseph Lubin, the co-founder of Ethereum and the head of ConsenSys is upbeat about ETH. Despite losses, he views the number of projects building their application
From the NYDFS approving CoinBase application to offer custodial services, XRP United opening an XRP base exchange to news of institutional demand for XRP gleaned from
In this BTC/USD Price Analysis we will see how the latest news related to the cryptographic sector affects the Bitcoin prices and what is the nearest
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