Bitcoin Loses Concentration as It Faces Strong Rejection at $12k
Today, BTC retraced to $11,300 after facing rejection at the $12,000 overhead resistance. The king coin is likely to repeat the price action of August 2 where BTC plunged to…
Read More »Bitcoin Breaks above $10k Mark, Attempts to Break Resistance at $10.5k
The king coin has made a sudden rise on July 26, breaking the next resistance before $10,000. BTC rallied to $10,200 but pulled back to $9,980.
Read More »Bitcoin Bounces, Faces Rejection at $9,400 Resistance
The king coin rebounds after days of tight consolidation. BTC price was narrowed between $9,100 and $9,200 as price consolidation reached its peak level.
Read More »Bitcoin Isn’t the King of the Darknet Anymore, BTC Transactions Has Dropped
The Bitcoin transactions on the darknet has decreased dramatically in 2020 compared to other years.
Read More »Bitcoin Consolidates Slowly Above $9,200, Poises for Massive Move Soon
Bitcoin bulls have continued to hold the $9,000 and $9,100 support as the king coin consolidates slowly above the $9,200. For the past week, Bitcoin is stuck between $9,100 and…
Read More »Bitcoin Hovers above $9.2k, Falling After an Important Rejection
Bitcoin has continued to consolidate between $9,000 and $9,200 support. The king coin has been battling with rejection at $9,300 and $9,400 resistance.
Read More »The King for Thieves: Criminals Tend to Choose Monero Over Bitcoin
Cryptocurrency has been attracting illegal dealers since its very inception. Due to its anonymity and security, Bitcoin was widely used as a payment method on the darknet shadow markets. However,…
Read More »Bitcoin Struggles to Clear $9,500 Resistance as Bears Defy Uptrend
The king coin has an uphill task as buyers continue to push prices above the $9,500 resistance. Before now the bulls have recovered BTC from the low of $8,914 to…
Read More »Zoom Raising its IPO Price Could Have a Devastating Impact on its Success
With the news that Zoom, the video conference software developer, will be increasing its IPO share price, we examine the effects this could have on its success. Read more Opinion…
Read More »Thoughts on the bitcoin halving
In this blog post, I describe what I think on the bitcoin halving. My argument consists of two main points: (a) the digital assets market is strictly correlated, and (b)…
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