Eerily accurate trader who called Bitcoin’s $7,000 drop says 30% rally is next
BTC ⬆️ $8897 (+2.35%) / ETH ⬆️ $169 (+4.1%) / XRP ⬆️ $0.23 (+2.99%)
📈 Trade with $0 Commissions on the ShortHop Crypto Marketplace. Learn more
Eerily accurate trader who called Bitcoin’s $7,000 drop says 30% rally is next
After a jaw-dropping 30 percent rally in two weeks, Bitcoin has finally begun to take some time to cool off.
Bitcoin could fail to break the $9,000 resistance level
Bitcoin is trying to break above the $9,000 resistance level, but several technical patterns estimate that it is bound for a retracement.
This technical formation could mean Ethereum is in for massive short-term upside
It has grown increasingly unclear in recent times as to whether or not the aftermath of the recent uptrend seen by Bitcoin and major altcoins like Ethereum (ETH) marks any type of fundamental shift in market structure, or if it is simply another lower-high that will be followed by further losses.
These poll results may spell serious trouble for Bitcoin in 2020
2020 has been a great year for Bitcoin (BTC) so far, with the cryptocurrency incurring massive momentum that has allowed it to rally from lows of $6,800 to highs of $8,900 before hitting any meaningful resistance.
The upcoming halving could push Bitcoin to new all-time highs
Bitcoin is only 117 days away from a block rewards reduction event that affects the number of tokens that can be generated every 10 minutes.
Hodlonaut’s case with Craig Wright gets dismissed, new battle to take place in Norway
Hodlonaut has claimed a small, but significant victory against Craig Wright, as his libel case against the anonymous Twitter analyst has been dismissed by the High Court of Justice in the U.K.
NBA team introduces Ethereum-based auction platform for $5.4 billion sports memorabilia industry
The Sacramento Kings, an NBA basketball team, has partnered with ConsenSys, the leading Ethereum (ETH) development studio, to introduce a new auction platform that handles live bidding on in-game sports gear using a supply chain product called Treum.
It’s decision time for Bitcoin as it hovers near a critical trendline; levels to watch
It’s no secret that 2020 has been a great year for Bitcoin and the entire crypto markets, as the first two weeks of the New Year have allowed BTC to surge from lows of $6,800 to highs of $8,900, while many major altcoins have begun starting parabolic rallies.
Crypto market incurs technical strength as altcoins begin turning parabolic
The crypto market’s firm uptrend has allowed multiple major altcoins to begin going parabolic, which to many investors is emblematic of the early stages of the massive bull run seen in late 2017.
There is a bearish case for Bitcoin despite the recent rally
Different technical analysts in the crypto community maintain that the recent rally could have triggered a new Bitcoin bull market.
Featured event
🇹🇷 IstanBlock 2020 - April 9-10, 2020 - Culminating at the end of a week’s worth of incredible side attractions, exhibitors and speakers from the world of blockchain and crypto, IstanBlock 2020 will allow you to rub shoulders with blockchain experts, government leaders, business tycoons and of course top tier media outlets that specialize in sharing news and information from this ever-evolving space. Learn more
Crypto market data
For more pertinent market data, please see:
Connect with us
Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.