Opinion

Bitcoin Price Prediction: BTC/USD Breaks Consolidation Pattern; $8,000 Next?

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-breaks-consolidation-pattern-8000-next/256715
Time Stamp: April 6, 2020 6:40 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 6The Bitcoin price increased by more than 6.90% today as the cryptocurrency makes its way above $7,245.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,000, $8,200, $8,400Support Levels: $6,000, $5,800, $5,600BTCUSD – Daily ChartBTC/USD has now cleanly broken above the upper boundary of the previous ascending pattern as it takes out the resistance at the $7,000 level. BTC/USD increased by a total of 6.94% today to reach a high of around $7,248 as the buyers start to take control. The crucial thing to look

After a Volatile Week, Bitcoin Opens Higher on Monday

Source Node: https://www.bitcoinmarketjournal.com/bitcoin-opens/
Time Stamp: April 6, 2020 2:42 PM - Modified On: May 21, 2021 - Published By:
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As we see strong signs of stabilization throughout Europe, the situation in the U.K. seems to be getting worse. Not only has the prime minister himself now been admitted to the hospital, but the number of confirmed cases has seen a significant spike to nearly 6,000 yesterday. Last night, the queen herself addressed the nation in a brief but extremely moving speech. Over in the U.S., the president has mentioned that the peak is near. Yet, even in Asia, leaders are finding it difficult to lift the lockdowns and travel

PlanB: Bitcoin Needs Only $200M Monthly to Stay Above $7k Level After Halving

Source Node: https://coinfomania.com/bitcoin-needs-only-200m-monthly-to-stay-above-7k/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-needs-only-200m-monthly-to-stay-above-7k
Time Stamp: April 6, 2020 9:43 AM - Modified On: May 21, 2021 - Published By:
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100trillionusd, the anonymous creator of the Bitcoin stock-to-flow model has provided new evidence to support the popular opinion that the price of Bitcoin will surge in the months after its historic third halving that is now less than three weeks away. The latest research puts into perspective the amount of cash inflow that Bitcoin has needed to stay above the $7000 level since October 2017, the reward paid out to miners for verifying a block of transactions, and the total number of transactions added to the Bitcoin blockchain monthly. To

Bitcoin Price Analysis: BTC Holds Above $6,800, Targets $7,000 Overhead Resistance

Source Node: https://coinfomania.com/bitcoin-price-analysis-btc-holds-above-6800/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-price-analysis-btc-holds-above-6800
Time Stamp: April 6, 2020 8:10 AM - Modified On: May 21, 2021 - Published By:
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On April 1, the BTC/USD trading pair rebounded at its low of $6,180 to reach the high of $6,726. The following day a price spike catapulted the coin to a high of $7,283 and immediately the bears pulled back. BTC/USD – 4 Hour Chart Today, and in the last three days, Bitcoin is relatively stable above $6,800. Besides the recent price spike, there has been price rejection at the $7,000 overhead resistance. On two occasions, the bulls have made two unsuccessful attempts to break the overhead resistance. Consequently, BTC fell

Ripple Price Prediction: XRP/USD Faces Down after Touching $0.180 Resistance Level

Source Node: https://insidebitcoins.com/news/ripple-price-prediction-xrp-usd-faces-a-crucial-support-after-touching-0-180-resistance-level/256616
Time Stamp: April 5, 2020 6:47 PM - Modified On: May 21, 2021 - Published By:
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XRP Price Analysis – April 5Ripple price is facing a selling pressure below the $0.182 resistance against the US dollar.XRP/USD MarketKey Levels:Resistance levels: $0.210, $0.220, $0.230Support levels: $0.150, $0.140, $0.130XRPUSD – Daily ChartXRP/USD is slowly declining below key the supports. The Ripple price might revisit the $0.177 support before it could start a fresh increase. After struggling to stay above $0.177, Ripple started a slow and steady decline. The coin traded below the key $0.182 support level to move into a short term bearish zone.However, XRP/USD is currently changing hands

Bitcoin Price Prediction: BTC/USD Struggles to Break $7,000 Resistance but a Downward Correction Is Expected

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-struggles-to-break-7000-resistance-but-a-downward-correction-is-expected/256540
Time Stamp: April 5, 2020 12:19 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 05Presently, BTC/USD pair is trading at $6,849.50 at the time of writing. At the high of $6,849.50, two things will happen. Firstly, the price will break through the $6,900 and $7,000 resistance. Alternatively, the market will fall to a low of $5,900 and subsequently, the fall will deepen.Key Levels:Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000BTC/USD – Daily ChartAssuming there is a breakout on the upside. When price breaks through the resistance, the first rally is expected between $7,500 and $8,000. When

April Fools, Celebrity Scams, & Manipulated Markets: Bad Crypto News of the Week

Source Node: https://cointelegraph.com/news/april-fools-celebrity-scams-manipulated-markets-bad-crypto-news-of-the-week
Time Stamp: April 4, 2020 3:56 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer.In the meantime, the Federal Reserve now appears to have merged into the federal government. An opinion piece in Bloomberg has described how an alphabet soup of financial programs intended to help the economy through the current crisis is allowing the government to buy up securities

Talking Digital Future: Smart Cities

Source Node: https://cointelegraph.com/news/talking-digital-future-smart-cities
Time Stamp: April 4, 2020 11:04 AM - Modified On: May 21, 2021 - Published By:
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My journey into smart cities and their future development was a really big surprise, as the way I arrived there was not something that I had planned. I was working as the chief information officer for a company in Northern California called O'Reilly Media when I got a call from a headhunter who asked if I would consider being the chief information office for the City of Palo Alto. I can vividly remember — it was only about eight years ago — my feeling when she asked the question. The

Bitcoin Price Prediction: BTC/USD Struggles to Hold Above $7,000 Resistance Level

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-struggles-to-hold-above-7000-resistance-level/256553
Time Stamp: April 4, 2020 10:49 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 4The Bitcoin (BTC) is currently consolidating and seems to be preparing for the next move either above $7,000 or towards $6,500.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,700, $7,900, $8,100Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartYesterday, we saw a sharp decline in Bitcoin price below the $7,036 support against the US Dollar. The BTC/USD pair also settled below the $6,800 support level and above the 9-day and 21-day moving averages. Today, the price is consolidating losses above the $6,750 level and currently

Bitcoin Price Prediction: BTC/USD Rebounds but Unable to Sustain Above $7,000 Overhead Resistance

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-rebounds-but-unable-to-sustain-above-7000-overhead-resistance/256166
Time Stamp: April 4, 2020 5:13 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 04The price tussles between the bulls and bears have continued as BTC/USD pair rebounded from its low at $6,180 on April 1. There was a price spike as BTC reached the high of $7,283.50 but was immediately repelled.Key Levels:Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000BTC/USD – Daily ChartBitcoin continued its upward move after the rebound to the high of $7,049.10. The upward move was resisted as the bulls cannot sustain price above $7,000 overhead resistance. The price fell to a low

Coinbase-Backed Crypto Rating Council Lists IOTA, BAT, and USDC

Source Node: https://cointelegraph.com/news/coinbase-backed-crypto-rating-council-lists-iota-bat-and-usdc
Time Stamp: April 3, 2020 9:04 PM - Modified On: May 21, 2021 - Published By:
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The question of whether certain cryptocurrencies constitute securities is becoming increasingly relevant within the blockchain industry. As such, some core players in the space are upping their efforts to bring more understanding to the issue.The Crypto Rating Council, or CRC, is a group of major United States’ crypto firms that advocates and promotes regulatory clarity in crypto. Recently, the CRC evaluated a number of new cryptocurrencies to determine whether they should show signs of being securities.Three new tokens are analyzedIn an April 2 blog post, the CRC published an introduction

South African National Blockchain Alliance Holds Online Launch

Source Node: https://cointelegraph.com/news/south-african-national-blockchain-alliance-holds-online-launch
Time Stamp: April 3, 2020 1:56 PM - Modified On: May 21, 2021 - Published By:
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The South African National Blockchain Alliance carried out an online livestream launch while the country is in the midst of a 21-day lockdown to curb the spread of the coronavirus pandemic. The organization was due to be launched at the beginning of April in Johannesburg but had to be taken online as South Africa and the world tackles a global health crisis.The launch happened during a livestream on YouTube on April 3, which included a panel of speakers elaborating on how SANBA will help nurture blockchain-focused startups and companies that