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ECONOMY-FINANCE

How BTC price action affects ALTS and what you should consider before trading.

So you've probably faced the difficulty of whether to trade ALTs or not when BTC price action is uncertain. Some of you may not even be aware of how BTC price action affects ALTS. Here's a quick reference: Assume you pay $10,000 for one bitcoin.

  1 month ago ago
How BTC price action affects ALTS and what you should consider before trading.

ECONOMY-FINANCE

BTC Technical Analysis: Reason Why Bitcoin Is Still Trading In A Range.

When an asset is beginning to exhibit consolidation tendencies, then it is either one of these two situations below is in play; BTC Chart 1)Distribution Phase: Price is actually in a distribution phase and this illustrates a situation where by an asset is overvalued, and buyers are beginning to embark on a mass action to offload their positions.

  5 months ago ago
BTC Technical Analysis: Reason Why Bitcoin Is Still Trading In A Range.

ECONOMY-FINANCE

BTC Technical Analysis: What Traders Should Look Out For After Bitcoin Breached A Strong Resistance.

The moment feels euphoric for traders, as Bitcoin has now managed to bolt through a rigid resistance that once posed as a challenge to the asset's long awaited advancement. The flipped resistance now serves as a support, but also leaves traders with the question of what lies next in line for the asset.

  5 months ago ago
BTC Technical Analysis: What Traders Should Look Out For After Bitcoin Breached A Strong Resistance.

ECONOMY-FINANCE

BTC Technical Analysis:Possible Factors That Are Standing In The Way For Bitcoin's Growth.

Without doubt, it is a tough time for crypto traders who are keen to see Bitcoin reclaim previous highs. Their expectations have suffered setbacks severally, as Bitcoin has failed to break through its unique resistance for the 6th time. BTC- 4H Chart. Usually, when a resistance is tested more than three times in a row, the asset in question begins to strengthens in momentum.

  5 months ago ago
BTC Technical Analysis:Possible Factors That Are Standing In The Way For Bitcoin's Growth.

ECONOMY-FINANCE

BTC Technical Analysis: What The Volume Profile Indicator Reveals About Bitcoin's Next Move.

Equipping oneself on how to read the volume profile indicator can reflect positively on the balance sheet of a trader. That said, the volume profile indicator does a really good job in indicating key areas that are critical to an asset. It successfully does this, by mapping out where price has traded the most over a defined period in time.

  5 months ago ago
BTC Technical Analysis: What The Volume Profile Indicator Reveals About Bitcoin's Next Move.

ECONOMY-FINANCE

BTC Technical Analysis: The Reason Why Bictoin's Price Is Still Stalling At $40,000.

Price has been indecisive in the last twelve hours, and this seem to have put traders on the edge as they can hardly find a basis for the next decisive movement for the asset. Moments like this can precede sudden price change, so much so that a big candle stick could form either way, which must times, magnify the gains of traders who place their bets on the right side of the anticipated move.

  5 months ago ago
BTC Technical Analysis: The Reason Why Bictoin's Price Is Still Stalling At $40,000.

ECONOMY-FINANCE

BTC Technical Analysis: The Reason Why Buyers Outclassed Sellers At The $28,000 Region.

The Bitcoin market has been forced to adopt a bullish tone, just when lots of people felt that there was no hope left for bulls, especially at a time when a series of FUD from both China and Iran generated panic selling along the temporary support area. A Pin Bar.

  5 months ago ago
BTC Technical Analysis: The Reason Why Buyers Outclassed Sellers At The $28,000 Region.

ECONOMY-FINANCE

BTC Technical Analysis: What Traders Should Expect After Successful Completion Of H and S Pattern.

In the build up to the current state of the Bitcoin market, you will recall that there was a follow through of events that pointed in the direction of a 'head and shoulder' pattern on the one hour Bitcoin chart. The Initial Stage Of Unfolding H&S Pattern On 4H Timeframe.

  5 months ago ago
BTC Technical Analysis: What Traders Should Expect After Successful Completion Of H and S Pattern.

ECONOMY-FINANCE

BTC Technical Analysis: An Evolving Double Bottom Formation Could Take Bitcoin To $41,000.

The most important level ($30,000)in the last two months has now established itself as a support that traders will not forget in a long time to come. While this support has acted as a critical region for price action, later, traders will have to draw reference from this region, as it can now play the role as a pivot when trying to build a basis for future projections.

  5 months ago ago
BTC Technical Analysis: An Evolving Double Bottom Formation Could Take Bitcoin To $41,000.

ECONOMY-FINANCE

BTC Technical Analysis: Evaluating The Importance Of The 200 Exponential Moving Average.

Bitcoin has undeniable performed well in the last 24 hours, and this is a feat that rarely occurs on weekends, a market period that is usually characterized by a lacklustre participation between buyers and sellers. However, a new challenge has surfaced, one that can be crucial to the future of Bitcoin's long anticipated climb.

  5 months ago ago
BTC Technical Analysis: Evaluating The Importance Of The 200 Exponential Moving Average.

ECONOMY-FINANCE

What next for bitcoin after topped all-time highs? Four cryptocurrency analysts offer their opinion.

Popular cryptocurrency analysts expect Bitcoin (CRYPTO: BTC) to rise even further, despite the fact that the apex cryptocurrency has retreated after reaching all-time highs this week.  What Happened: Kaleo, a pseudonymous technical analyst, warned his more than 409,000 Twitter followers that if Bitcoin's "one last dip" in the $65,288 range scared them, they could miss out on huge profits.

  1 month ago ago
What next for bitcoin after topped all-time highs? Four cryptocurrency analysts offer their opinion.

ECONOMY-FINANCE

Why Elon Musk Backs Bitcoin At $69k After Its Record-Breaking ETF Launch

Elon Musk, the ever-hilarious meme-loving Tesla Technoking, took to Twitter yesterday to predict a higher BTC all-time high with a raunchy undertone. Everyone can see why Elon is rooting for $69,000 rather than $70,000 or $100,000. Elon is looking to eulogize Bitcoin for its resilient strides and sprinkle a bit of x-rated humor with only 6.5 percent left to beat this newly-set odious resistance.

  1 month ago ago
Why Elon Musk Backs Bitcoin At $69k After Its Record-Breaking ETF Launch

ECONOMY-FINANCE

Emefiele Makes U-Turn, Targets Capital Inflow With Proposed Launch Of Digital Currency

Godwin Emefiele Governments across the world are increasingly considering the adoption of digital currencies in their nation but are wary of their handicap to apply fiat style regulation. The continued growth of cryptocurrencies as a means of exchange across the world has continued unabated. El Salvador announced it will move to make it a legal tender becoming the first nation in the world to do so.

  5 months ago ago
Emefiele Makes U-Turn, Targets Capital Inflow With Proposed Launch Of Digital Currency

ECONOMY-FINANCE

Things to know about E-naira set to be released on 1st of October.

CBN is set to release the new authorised crypto currency called E-naira on the 1st of October. Here are the few things you should know about E-naira: First of all to understand what E-naira entails we must first know the meaning of it. E-naira is a digit representation of the paper currency set to be released by CBN( Central Bank of Nigeria) on the 1st of October.

  2 months ago ago
Things to know about E-naira set to be released on 1st of October.

ECONOMY-FINANCE

A Rising Wedge Formation Has Emerged And This May Signal Tough Times For Bitcoin Bulls.

The recent bullish leg has produced about 5% for the investors of Bitcoin, however, nothing at the moment makes it certain that this profit might not be eroded, especially when the argument for the emergence of a rising wedge pattern on the one hour chart stands.

  5 months ago ago
A Rising Wedge Formation Has Emerged And This May Signal Tough Times For Bitcoin Bulls.

ECONOMY-FINANCE

Why Bitcoin Regained 6% Of Its Value After A Horrendous Drop.

This is the first time in the last 15days that Bitcoin has produced a higher high, thus indicating a resumption of opportunistic buying even in the face of an established bearish trend. However, situations like this are underpinned on the very fact that an identified imbalance in market structure more often will produce immediate market reversals, and can most times do so without any external influences.

  5 months ago ago
Why Bitcoin Regained 6% Of Its Value After A Horrendous Drop.

ECONOMY-FINANCE

Low BTC prices: The Sichuan Wet Season, and the Upcoming Difficulty Spikes are all to blame

Although bitcoin prices have plummeted this week, the network's hashrate has also decreased significantly since May 9, when it reached a peak. Because of the crypto market decline, suspected power outages in Sichuan, China, and the upcoming difficulty update, the hashrate has fluctuated between 10-15% since then.

  5 months ago ago
Low BTC prices: The Sichuan Wet Season, and the Upcoming Difficulty Spikes are all to blame

ECONOMY-FINANCE

Top 10 Most Valuable Cryptocurrencies In The World - 2021 Ranking.

Cryptocurrency is rapidly gaining traction as the value of digital currencies rises. It has become the latest craze among investors and those interested in finance and technology, as digital money aims to change the way we transact in the coming years. Popular cryptocurrencies like Bitcoin and Ethereum have a growing track record of holding and increasing in value over time, while lesser-known cryptos are considered much more speculative and unpredictable.

  3 months ago ago
Top 10 Most Valuable Cryptocurrencies In The World - 2021 Ranking.

ECONOMY-FINANCE

BTC Technical Analysis: Setback Influenced By Rising Wedge Puts Bears On The Edge.

Bictoin has again shown that price action remains largely non-subvertible to technical analysis, even as traditional charting continues to suffer a lack of interest from rookie traders. Technically speaking, Bitcoin at the moment still trades inside of a rising wedge pattern. The structure formation in particular, is yet to hit its tipping point and this may have put a temporary stop to a generally anticipated drop.

  5 months ago ago
BTC Technical Analysis: Setback Influenced By Rising Wedge Puts Bears On The Edge.

ECONOMY-FINANCE

Bitcoin is the highest trading platform in the world

Sometimes if you want to move into trading, first of all make a research, ask yourself (what is Bitcoin and how does it work). Download all the necessary tools needed(all the app needed), and then look for some experts who can help you, maybe you may pay them.

  5 months ago ago
Bitcoin is the highest trading platform in the world