The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to…
Tag: drop
Bitcoin Network Activity Has Plunged, What is Going On? – Bitcoinist.com
The crypto market is recovering from the price drop earlier this month, yet the daily number of Bitcoin transactions continues to decline. This data anomaly reflects changes underway in…
Bitcoin in Danger of Breaking $6K After Forming Double Top
Bitcoin has slightly declined during the last 24 hours, according to Coinmarketcap data, but the drop might extend in the coming hours and days. Currently, the BTC/USD pair is…
How a First Time CTO Can Choose the Right Techstack for Their Startup
If you are a developer who is still in school or freshly (drop) out of the college or you just have a couple of years of corporate experience and…
After BitMEX Meltdown, Should Shorting Be Banned on Crypto Exchanges?
Bitcoin’s (BTC) rapid 50% price drop in the wake of Coronavirus concerns aroused chatter around banning the ability for traders to assume short positions in cryptocurrency markets. Question is,…
Bitcoin Price, Stocks, Rally on Trump COVID-19 $1 Trillion Stimulus Reveal
Bitcoin’s (BTC) recovery from last week’s catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the…
Crypto Traders Explain What Caused the Bitcoin Price Plunge to $3,000s
The Bitcoin (BTC) price dropped to $3,600 overnight, marking Bitcoin’s biggest daily drop in the last seven years. Over $1 billion worth of longs was liquidated on March 12,…
Crypto Market Meltdown Continues as Bitcoin Price Drops Below $5,000
After a tumultuous day of trading which saw Bitcoin (BTC) price drop 28.35% from $7,650 to $5,500, the carnage restarted at 11:00 (UTC) when Bitcoin abruptly dropped another 24%….
3 Top Cryptocurrencies Hit Hardest by the Latest Flash Crash
When Bitcoin (BTC) drops, other cryptocurrencies drop even more. But some assets erased more value, showing their relatively fragile market gains. BTC Crash Triggered Downward Spiral for Altcoins On…
Bitcoin Sees Its Fifth Largest Hourly Price Crash Ever – Bitcoinist.com
Bitcoin’s fifth largest hourly price drop in history happened today, according to data from Coin Metrics. In a shock brutal crash, BTC shed around $1,000 in value in less…