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Bitcoin Could Follow Gold Fractal With 44% Drop to Under $7,000
Posted on Wednesday August 21, 2019

Bitcoin has long been pitched as the digital version of gold – a precious metal that’s long been used as a store of wealth, transfer of value, and features many of the attributes that...

The post Bitcoin Could Follow Gold Fractal With 44% Drop to Under $7,000 appeared first on 12bitplay - Bitcoin Play.

RBI Ignored Exchanges’ Arguments on Bitcoin Ban: Court
Posted on Wednesday August 21, 2019

The Reserve Bank of India (RBI) did not correctly respond to the presentation that could have removed the necessity of banning bitcoin trading in the country, found the apex court. The Supreme Court of...

The post RBI Ignored Exchanges’ Arguments on Bitcoin Ban: Court appeared first on 12bitplay - Bitcoin Play.

Bitcoin Bias Flipping to Extremely Bearish: Analyst
Posted on Wednesday August 21, 2019

Trading signals for Bitcoin are turning ‘extremely bearish’ as the cryptocurrency’s wild upside of HY2019 comes close to its exhaustion. According to market analyst Chonis Trading, the moving average convergence divergence (MACD) oscillator on...

The post Bitcoin Bias Flipping to Extremely Bearish: Analyst appeared first on 12bitplay - Bitcoin Play.

Buyers Not Found: Bitcoin Price Back Below $10,000
Posted on Wednesday August 21, 2019

Following a strong rally back toward $11,000 that was stopped roughly $50 short, Bitcoin price has now broken back below $10,000 yet another time during the month of August. While Bitcoin price has been...

The post Buyers Not Found: Bitcoin Price Back Below $10,000 appeared first on 12bitplay - Bitcoin Play.

Bitcoin Could Get Stuck in $8k-20k Range Endlessly: Bloomberg Analyst
Posted on Wednesday August 21, 2019

Bitcoin could get remain stuck in a price range defined by $8,000 as support and $20,000 as resistance, believes Mike McGlone of Bloomberg Intelligence. The senior commodity strategist on Tuesday said bitcoin price is...

The post Bitcoin Could Get Stuck in $8k-20k Range Endlessly: Bloomberg Analyst appeared first on 12bitplay - Bitcoin Play.

Ethereum Price Has Best Risk-Reward Ratio Ever: Crypto Venture Capitalist
Posted on Wednesday August 21, 2019

Ethereum hasn’t done too well over the past year. Since peaking at $1,400 and nearly “flipping” Bitcoin, the cryptocurrency has embarked on a steep downtrend, shedding a large majority of its value as demand...

The post Ethereum Price Has Best Risk-Reward Ratio Ever: Crypto Venture Capitalist appeared first on 12bitplay - Bitcoin Play.

Flooding in China a Big Blow to Sichuan Bitcoin Mining Facilities
Posted on Wednesday August 21, 2019

Bitcoin miners in China already have to deal with a government that wants to stamp out their industry. Add to that natural disasters such as flooding and landslides, and they have a full plate...

The post Flooding in China a Big Blow to Sichuan Bitcoin Mining Facilities appeared first on 12bitplay - Bitcoin Play.

Crypto Markets Dump $15 Billion as Bitcoin Heads Back Towards Four Figures
Posted on Wednesday August 21, 2019

A market wide dump this Wednesday has seen $15 billion exit crypto markets as Bitcoin leads them back down again. The choppy conditions have continued and BTC has remained range bound for now but...

The post Crypto Markets Dump $15 Billion as Bitcoin Heads Back Towards Four Figures appeared first on 12bitplay - Bitcoin Play.

Bitcoin (BTC) Price Recent Breakdown Could Accelerate Decline
Posted on Wednesday August 21, 2019

Bitcoin price failed to surpass the $11,000 resistance and recently declined against the US Dollar. The price is currently trading below the key $10,600 and $10,500 support levels. This week’s followed crucial bullish trend...

The post Bitcoin (BTC) Price Recent Breakdown Could Accelerate Decline appeared first on 12bitplay - Bitcoin Play.

Ripple Price (XRP) Breaks Key Support: More Downsides Likely
Posted on Wednesday August 21, 2019

Ripple price started a fresh decrease after it failed to break the $0.2920 resistance against the US dollar. Bitcoin price is struggling to hold the main $10,500 support area. This week’s followed bullish trend...

The post Ripple Price (XRP) Breaks Key Support: More Downsides Likely appeared first on 12bitplay - Bitcoin Play.


Posted on Thursday January 01, 1970

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