The bears seemed to have had a significant impact on the prices of altcoins today. Barring Bitcoin, most of the entire crypto market was once again painted in red. Bitcoin at press time was being traded at $13,491 with a 24-hour trading volume of $298 billion. Source: CoinStats Both Bitcoin SV (BSV) and FTX Token...Read More
Bitcoin defended $13,200 and was trading at $13,486 at the time of writing. The situation for altcoins was decidedly less bullish as most of the rest of the market saw losses and could have further downward to go. Bitcoin SV did not drop below $160 and could hint at recovery if it continued to hold...Read More
While Bitcoin SV must have felt good upon its recent re-test at $180, its quick decline to $163 would have made things a little complicated. As the market followed Bitcoin’s cue, a bearish trend was evident on every altcoins chart and BSV was no different. With a market cap of $3 billion, BSV was back...Read More
Bitcoin SV made a strong move upward alongside Bitcoin and exhibited a bullish divergence that could see BSV break beyond a level of resistance. At press time Bitcoin was being traded at $13,643 with a trading volume of $291.9 billion. Source: CoinStats Dash saw a steady stream of selling volume on the asset and registered...Read More
Bearishness after a shift from the upward rallies of last week was the highlight of the trading charts at press time. Bitcoin SV and Maker after facing rejection at important resistance levels, managed to display a recovery, but strong selling pressures persisted for the two alts. The bear market for DASH, however, they might still...Read More
As Bitcoin closed above $12,000 once more, it was pertinent to ask if the altcoin market would follow. Would traders sell altcoins to follow Bitcoin’s gains? The rising Bitcoin Dominance suggested, yes. Bitcoin SV formed a bullish divergence and made gains in the past few hours, while Stellar Lumens witnessed strong buying volume. Dogecoin was...Read More
Bitcoin was trading at $11,899 at press time, and Bitcoin Dominance was rising alongside. This generally spells trouble for the altcoin market. Bitcoin SV dropped beneath a range it was trading within for the past couple of weeks, and Compound continued to tumble. BitTorrent appeared to be making some gains but fell beneath trendline support....Read More
Bitcoin SV has noted quite a lot of volatility in its valuation over the past few weeks. Although it failed to note a trend in the short-term, it might be forced lower on the charts in the coming weeks, unless the bulls stepped in. Augur was trading within a price range, but might be able...Read More
Zcash and Maker although still not bullish enough, were definitely displaying signs of short-term positive price reversals, as the selling pressures for the two digital assets continued to weaken. Bitcoin SV however, seen making a bearish breakout below its trendline, could witness a few more bearish sessions, as the bulls were yet to solidify a...Read More
The three digital assets, Bitcoin SV, Zcash, and Compound showed bearish signals throughout the day. With over 5% in losses since yesterday, for Zcash and Compound, strong selling pressure could last longer for the two coins. Bitcoin SV on the other hand, while also witnessing a sell-off, dipped only slightly after finally breaking out of...Read More
Bitcoin surged to $11,498, before it dropped to a local low of $11,235, all within just a few hours. In fact, Bitcoin’s move up saw other crypto-assets in the space climb too, while its brief drop contributed to other assets following its footsteps. Bitcoin SV and Decred have been posting strong gains on their charts recently,...Read More
Bitcoin SV appeared to undergo a trend reversal, at press time, as its bullish price momentum pushed the cryptocurrency’s price above its immediate support and pivot levels. On the contrary, with a persistent downtrend, a bearish outlook was evident for Synthetix after it lost control of two resistance levels. Maker was at the end of...Read More
Bitcoin was unable to close above $10,800 in what could be a worrying sign for bulls in the near term. Bitcoin SV dropped out of the brief ascending channel formed recently and could see further losses. Dogecoin was perched on a level of support that might not hold much longer. Tron slipped beneath and retested...Read More
Bitcoin SV, Polkadot, and FTX Token mirrored the bearish sentiment that has gripped much of the crypto-market over the last few days. In fact, the Crypto Fear and Greed Index highlighted the same, with the index noting a reading of 42 for the day. While this reading was slightly stronger than the previous day’s 40,...Read More
The most recent price dump in the crypto-market saw the world’s largest cryptocurrency Bitcoin’s price dive towards the $10,400-level, a movement that signaled worrying signs of bearish divergence across the charts. In fact, Bitcoin SV registered a bearish divergence during the day’s trading session, under a scenario of heavy capital outflows in the BSV market....Read More
The crypto market as a whole displayed a sense of divergence in the charts at the time of writing, with Bitcoin SV witnessing appreciable gains on one hand, while on the other, alts such as IOTA and Dogecoin were trading below crucial pivot levels. Bitcoin SV [BSV] Source: BSV/USD on TradingView Over the last 24...Read More
Bitcoin Dominance rose to 61.66 and could rise to 64 in the coming weeks and at press time the world’s largest cryptocurrency is being traded at $10,436. Source: CoinStats Altcoins like Bitcoin SV could be set to bounce off a level of support but was more likely to sink beneath the same level in the...Read More
Bitcoin SV looked headed for a drop to recent lows at $150 while Dash formed a bullish pattern that was invalidated in the face of selling pressure. Ethereum Classic showed it was heading upwards, but could take a few more trading sessions to confirm bullishness. Bitcoin SV [BSV] Source: BSV/USDT on TradingView On longer timeframes,...Read More
While Bitcoin had been threatening to fill the CME gap at $9,600, at the time of writing, it seemed like BTC might stay clear of the gap, with the cryptocurrency trading under its resistance level at $10,400. Bitcoin SV could be headed south to touch its support level, while Algorand showed signs of consolidation above...Read More
Bitcoin was able to defend the $10,000 level but the rest of the cryptocurrency market saw red as selling pressure hadn’t been completely exhausted. At press time the king coin was being traded at $10,192 with a 24-hour trading volume of $86.5 billion. Source: CoinStats Bitcoin SV exhibited a bearish pattern and could be poised...Read More
Bitcoin SV has been in an uptrend in the past couple of days. It remains to be seen if it has the strength to reclaim important moving averages. The uptrend might be part of a bearish reversal pattern and could cause a drop in the coming sessions if it played out. Cosmos and Ethereum Classic...Read More
Bitcoin Dominance climbed to 61.55, as fear and bears continued to hold sway over crypto markets. Bitcoin SV and Cosmos were holding on to a support level, while Zcash exhibited a bullish signal. Bitcoin SV [BSV] Source: BSV/USDT on TradingView Bitcoin SV bounced off support level at $151, and was trading at $161 at the...Read More
When it rains, it pours – Thus goes the saying. Bitcoin found its ceiling at $12,000 and failed to break past it, despite multiple attempts. In fact, the euphoria surrounding Bitcoin and the market’s surging altcoins seems to have abated off-late too. While the Fear and Greed Index registered a reading above 70 for all...Read More
Bitcoin SV showed a bit of bullishness and had hardly begun to move upward when the bears stepped in. IOTA on the other hand lacked momentum in either direction and was trading just above support level while Compound looked poised to drop to its immediate support. Meanwhile, the world’s largest cryptocurrency Bitcoin briefly saw a...Read More
Bitcoin SV showed a bullish reversal pattern, indicating the possibility that BSV could rise to near $230 in the coming days. Ontology was trading in a rising channel and showed no signs of bears gaining control while FTX Token went parabolic and could rise higher. Bitcoin SV [BSV] Source: BSV/USDT on TradingView BSV formed a...Read More
Bitcoin SV had been on a downtrend for the better part of August; Algorand showed signs of lowered volatility and pointed toward consolidation. Steem registered large moves both upward and downward, and indicated where good trading opportunities were. Algorand [ALGO] Source: ALGO/USDT on TradingView ALGO set a local high at $0.75, but was forced back....Read More
Bitcoin registered another drop to $11,100 and Bitcoin mining difficulty hiked by 3.6%. Most of the altcoin market followed Bitcoin into the red zone and saw a continuation of the downward trend. Source: Coinstats Bitcoin SV and Tezos set lower highs and could test support. ATOM had been making gains before Bitcoin’s dip and looked...Read More
Bitcoin was trading between $11,400 and $11,600 over the weekend. A lack of momentum in Bitcoin can sometimes make alts register big gains. and this might play out in the coming days in the case of Decred. Bitcoin SV has steadily been giving in to selling pressure throughout August, and more red could be in...Read More
The cryptocurrency market appeared to be in its bullish phase as the price of the largest crypto, Bitcoin has been rallying higher. A boost of 5% in the BTC market on Monday, triggered other altcoins to sprint at as escalated pace and establish a bullish run under the influence of the largest crypto. Source: CoinStats...Read More
TRON and Decred were subject to strong upward moves over the past few days. Both coins indicated that it is likely they continue on their trajectory. Bitcoin SV stagnated and showed no sign of upward price movement. TRON [TRX] Source: TRX/USDT on TradingView TRX had a market cap of $1.76 billion, and held the 15th...Read More
