Bitcoin price (BTC) breached the $8,000 level for the second time in the past 48 hours. Positive market indicators and bullish calls mean that bulls have taken the driving seat in cryptocurrency markets. The bears aren’t in a position to defend the rally in bitcoin price, due to lack of support from market fundamentals. Bitfinix, which is among the most ...Read More »
Tag Archives: SHORT
Just hours after short positions on Bitcoin eclipsed longs, and as BTC shorts volume reached an all-time high, Bitcoin saw an explosion, appreciating over US$900 in under an hour, a growth of 13%. Since the pump, global cryptocurrency markets have risen over 10%, to just under US$300 billion. Speculators overwhelmingly agree that the cause for such a price movement was ...Read More »
Key Highlights: Ethereum price recovered from its weekly low of $375, now stabilizing at around $385 A major resistance point has been set at $395 Although ETH/USD is on a downward trend, a bullish reversal could still materialize Ethereum Recovers From Weekly Low On Monday morning, Ethereum recovered from its weekly low of 375, and it is now trading at ...Read More »
Besides Lumens-where buyers may found support at $0.43, most alt coins are on a slide. EOS is our focus today and while at it, the significance of $12 should be brought to your attention. If you check the weekly chart, there was an over-valuation after last week’s close and this week might be full of correction especially if bears drive ...Read More »
Short time hodler (in since $60): Just watched Papa Lee explain why he sold his LTC in Magical Crypto Friends…..
……I’ve seen children lie better. See you lads later. Hope only the best for your sac of coin. Gonna keep 1 for shits and gigs. Long days and pleasant nights. submitted by /u/teletron2100 [comments] Source linkRead More »
Despite the overall bear signals in the weekly chart, there are pocket of bull pressure. As such, we expect a short term Monero buys going forward. The only thing we should be watching for now is how price reacts at $400. At the same time, the same set up is panning out in IOTA. Even though there is over-valuation in ...Read More »