Bitcoin (BTC) starts a new week in a precarious place as global macro instability dictates the mood. After sealing a weekly close just inches above $19,000, the largest cryptocurrency still lacks direction as nerves heighten over the resilience of the global financial system. Last week proved a testing time for risk asset investors, with gloomy economic data flowing from the United States and, moreover, Europe. The Eurozone thus provides the backdrop to the latest concerns of market… Source link

Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH retested $1,255 and remains at a risk of more losses. Ethereum started another decline after it failed to clear the $1,375 zone. The price is now trading below $1,320 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if it stays… Source link

Bitcoin price is struggling to climb above the $20,000 resistance against the US Dollar. BTC could decline heavily if there is a close below the $18,500 support. Bitcoin remained in a range and stayed above the $19,000 support zone. The price is trading below $19,400 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $19,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could… Source link

This is an opinion editorial by Leon Wankum, one of the first financial economics students to write a thesis about Bitcoin in 2015. Prologue The following article is part of a series of articles in which I aim to explain some of the benefits of using bitcoin as a “tool.” The possibilities are endless. I selected three areas where bitcoin has helped me. Bitcoin helped me take my entrepreneurial endeavors to the next level by allowing me to easily and efficiently manage my money and build… Source link

Ethereum price has sliced through the 2022 volume POC at $1,326, denoting a weak bullish momentum. This development could see ETH crash to $1,050 if the $1,200 support level fails to hold. After this initial downturn, market participants can expect ETH to kick-start a run-up to $2,000.  Ethereum price shows an interesting development over the two days that has caused bears to rejoice. Bulls, on the other hand, seem to be weak and unresponsive, which could lead to… Source link

Alex Dovbnya There is still a 50% chance of Bitcoin collapsing to zero, according to the popular chartist Contents Could Bitcoin ever crash to zero?   A realistic bearish target?   Commodity trader Peter Brandt continues to stick to his long-time prediction that the price of Bitcoin could potentially collapse to zero. The chartist still believes that there is a 50% chance of such a catastrophic scenario unfolding. At the same time, Brandt claims that there is an equal chance of the… Source link

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject After Bitcoin, Ethereum [ETH] is the most popular cryptocurrency. In fact, it is also the most well-known altcoin right now. It was introduced to the market by computer engineer Vitalik Buterin in 2015. Over the years, the altcoin has done pretty well for itself on the charts. For instance – By 2022, ETH’s… Source link

Top Analysts Predict over 4,000% Increase in Flasko (FLSK), Amidst Decline of Solana (SOL) and Monero (XMR) The bear market has shown no signs of letting up, and the cryptocurrency market remains as bloody as ever. However, this has not stopped investors from trying to find the next project that will make them massive profits. Recently, investors have been showing interest in Flasko, the presale star, while other top coins like Solana (SOL) and Monero (XMR) have been fluctuating. Solana (SOL)… Source link

BTC price trades below key resistance as prices get rejected under daily EMA. BTC’s monthly candle closes with so many mixed feelings ahead of October.  The price of BTC must close above $21,500 to renew bullish sentiments. The price action of Bitcoin (BTC) continues to toil with the emotions of traders and investors as it moves in an indecisive and uncertain fashion. Traders continue to speculate about what Bitcoin (BTC) holds for this new month of October…. Source link

This Is Why Bitgert (BRISE), Litecoin (LTC), and Bitcoin (BTC) Are A Perfect Buy This Year by IndustryTrends October 2, 2022 This month, the crypto market has started well and most crypto experts are bullish about it. The crypto market might end this year on a high. In fact, the Q4 of 2022 might be the most rewarding, according to crypto analysts. There are many coins that crypto investors are buying, with Bitgert (BRISE), Litecoin (LTC), and Bitcoin (BTC) being among the most attractive… Source link