Falling

Halving Won’t Save Bitcoin From Falling to $7.5K; Here’s Why

Bitcoin briefly closed above $6,400 for the second time in seven days. The cryptocurrency later pulled back by circa $400 amid profit-taking. It found support near $9,000, raising concerns about an extended move towards $7,500. Bitcoin’s impressive rebound from its mid-March lows extended its upward move above $6,400 on Wednesday. But the price action left […]

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Bitcoin Risks Falling to $2,900 if Market is Heading for Long-Term Lower Low

Bitcoin logged its wildest week for the first time in seven years, plunging by more than 50 percent after a sell-off sparked by the worsening Coronavirus pandemic. The benchmark cryptocurrency on Friday crashed from $8,187 to $3,858 with a matter of 30 minutes. A rebound ensued and took prices up to $5,995. Traders ignored putting […]

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Bitcoin Price Dropped to $8500, S&P 500 and Dow Futures Are Falling as Well

Coinspeaker Bitcoin Price Dropped to $8500, S&P 500 and Dow Futures Are Falling as Well The rapidly spreading coronavirus appears to have pulled down the global traditional investment markets with Bitcoin joining the fall, giving up its hypothetical store of value status. The current BTC price is around $8,600. Bitcoin Price Dropped to $8500, S&P […]

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Bitcoin Price Falling Abruptly while China Delays Work on Its Crypto Due to Coronavirus

Coinspeaker Bitcoin Price Falling Abruptly while China Delays Work on Its Crypto Due to Coronavirus The leading cryptocurrency is giving up its positions right before our eyes. On Thursday, February 27th, it is trading at $8,520, though just recently it was keeping above $10,000. Bitcoin Price Falling Abruptly while China Delays Work on Its Crypto […]

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Ethereum (ETH) Bulls Falling Short, but will prices Drop to $200?

Ethereum (ETH) is peaking and traders, it seems are quickly taking their profits. For perspective, and to quantify how fast longs are scrambling for the exits, the second most valuable asset is down 5% in the last trading day. Ethereum (ETH) bulls Falling Short Peaking over the weekend, $20 just shy of the important $300 […]

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Bitcoin Price & Technical Analysis: BTC Stopped Falling But for How Long?

Coinspeaker Bitcoin Price & Technical Analysis: BTC Stopped Falling But for How Long? BTC rate has stopped falling on Thursday, December 5th. The instrument is generally trading at 7331.00 USD. Bitcoin Price & Technical Analysis: BTC Stopped Falling But for How Long? Continue reading at Coinspeaker

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Ethereum May Drop Towards $140 Before Falling Wedge Sparks Next Run

Ethereum has plummeted lower today concurrently with Bitcoin’s drop below $8,000, which points to an underlying bearishness for the aggregated crypto market and may mean that significantly further losses are in store for ETH before it is able to find support and climb higher. One analyst is now noting that Ethereum is caught in a […]

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Bitcoin Rollercoaster Rides in Full Force: This Falling Wedge Pattern Could Propel BTC to $12,000

The technical picture is still bearish with Bitcoin primed for further declines. As the price grinds closer to the falling wedge pattern breakout, we could see a reversal towards $12,000. The crypto market is extremely volatile this week. The correction from June’s highs has culminated in declines under $10,000. Bitcoin has formed new weekly support […]

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Bitcoin [BTC]’s plunge is like a falling knife and institutions aren’t willing catch it, says Oanda’s Innes

Stephen Innes, the head of trading at Asia-Pacific at Oanda, discussed the fall of Bitcoin and what it means for the cryptocurrency market in a recent interview. Innes compared the state of cryptocurrencies to the wild west show and said that we have to guard ourselves by taking a gander at the metrics, which show unquantified […]

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Bitcoin Analysis: Falling Wedge Indicates Interim Breakout Scenario

Bitcoin on Tuesday extended its downward momentum, dropping 0.67-percent against the US Dollar. The BTC/USD trading pair opened the Asian trading session at 6288-fiat and attempted an upside correction to as high as 6309-fiat. The selling pressure around the 6309-level resumed the downtrend. As a result, the pair kept forming red candles for the rest […]

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Despite the Falling Market, Lynked.World Secures Impressive $5 Million in Support from Institutional Funds

The great news is out: Lynked.World was able to forge a strategic partnership with the leading blockchain investment firm Pecunio Investments. According to the freshly signed deal, Pecunio’s support of the project will amount to up to $5M. Pecunio is a Dubai-based venture capital fund that holds an ever growing portfolio of blockchain companies with […]

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