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Month: June 2018

Bitcoin price analysis: BTC/USD embraces support at $50 SMA, intraday gains limited below $6,200; BTCC Pool Limited sells 49% to VC Holdings Limited

Bitcoin price is consolidating above $6,100 and forming a weak bullish flag pattern. The deal, although not final, is expected to raise about $17 million. BTCC controls least 1.1% of the total Bitcoin hash power. Bitcoin price declined further over the weekend smashing its way past the February lows to trade below $6,000. The short-term […]

Trump To Build Temporary Camps On Military Bases To House Illegal Migrants

Defense Secretary James Mattis on Sunday said that the Pentagon is preparing to build temporary camps for undocumented migrants at two US military bases, in “close alignment” with the Department of Homeland Security (DHS). Mattis said that DHS requested the Department of Defense “build temporary camps on two of our bases,” and that the U.S. military is […]

Ripple price analysis: XRP/USD feels the pain, while Brad Garlinghouse explains why Coinbase should list XRP

XRP is capped by $0.5000 on the upside, no signs of an upcoming breakthrough. CEO of Ripple believes that the largest US exchange should add XRP to its listing. Ripple, the third largest coin by market value, is changing hands at $0.4770, off Sunday’s low at $0.4402, which is the lowest level since December 2017. […]

Bitcoin Cash price analysis: BCH/USD recovers from the abyss, but upside capped below $770

On the upside, the 50 SMA is limiting gains at $745, but buyers are battling to stay above $740. Bitcoin Cash price is currently a sitting duck waiting for either the sellers or the buyers to attack. Following the overarching declines on Friday last week, Bitcoin Cash staged a recovery over the weekend. The support […]

PR: Tron Celebrates It’s Independence from Ethereum

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. “June 25th marks the day of TRON’s independence from Ethereum.” […]

Bitcoin price analysis: BTC/USD recovery stuck on approach to $6,200; Charlie Lee says the hardship makes us stronger

Bitcoin stays above $6,000, but the upside has stalled. Litecoin’s founder comes out with encouraging tweets. Bitcoin is changing hands at $6,150, mostly unchanged since the start of the day. The upside correction from Sunday’s low is losing traction on approach to technically important levels. Obviously, the market is in desperate need of some positive news, that […]

Greece Economic Crisis Declared Over: It Isn’t

Authored by Mike Shedlock via MishTalk, Mainstream media is all aglow over the alleged end of the Greek economic crisis. Mainstream media is wrong. RTE says Greece Crisis Declared ‘Over’ as Eurozone Agrees on Debt Relief The BBC says Greece Hails ‘Historic’ Debt Relief Deal The Financial Times says EU Commissioner Calls End to Greek Crisis Can-Kicking Deal […]

Ethereum price analysis: ETH/USD recovers from a 10-week low, but still dancing at the edge of a cliff

ETH/USD is trading between the moving average support and resistance. Ethereum price is trading a bullish flag pattern that is likely to culminate in a breakout. Ethereum price is trading between the support and resistance created by the Simple Moving Averages. The 50 SMA is limiting intraday gains marginally above $450 while the 100 SMA, […]

There is a trading opportunity to buy in ETCUSD

There is a trading opportunity to buy in ETCUSD Ethereum Classic / Dollar BITFINEX:ETCUSD ForecastCity Technical analysis: . ETHEREUMCLASSIC/DOLLAR is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. Trading suggestion: . The price […]

Bitcoin Price Watch: BTC/USD Facing Uphill Task

Key Points Bitcoin price declined below the $6,000 support and formed a low at $5,654 against the US Dollar. There are two bearish trend lines formed with resistance at $6,280 and $6,540 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may perhaps break the $6,280 resistance and test the […]