Bitcoin (BTC) — What are the Chances that Bitcoin (BTC) has Bottomed?

December 17, 2018  /  by Bill Noble
Looking at charts and sentiment indicators, it appears a combination of extreme bearish sentiment and strong Fibonacci and Gann support has created today’s strong bounce in Bitcoin (BTC). As of Friday, bullish sentiment in Bitcoin (BTC) was close to 10 percent bullish (Figure 1). This matched the low after the Bitcoin (BTC) crash in February… Read more

Bitcoin (BTC) Price Analysis: $3,200 Crucial Support Line

December 14, 2018  /  by Bill Noble
There is mounting technical evidence that the $3,200 – $3,300 level in Bitcoin (BTC) is a major pivot point. If Bitcoin (BTC) holds $3,200, that could lead to stability. We do not expect that, but it is possible. On the other hand, if Bitcoin (BTC) falls below $3,200, that could lead to a move to… Read more

Coinbase, Binance, and Kraken Show the Real Value of Digital Assets

December 14, 2018  /  by Steven Lubka
The 2018 cryptocurrency market has rattled many of even the firmest proponents of digital assets. While we have seen the market for digital assets shed over 80 percent of its value, certain cryptocurrency companies have seen their valuation increase. Can the valuations being placed on companies like Coinbase, Binance, and Kraken by savvy investors tell… Read more

Bitcoin (BTC) Price Analysis: Price Could be Headed for Low $3,000’s or Worse

December 13, 2018  /  by Bill Noble
Fibonacci Angles Bitcoin (BTC) has currently failed at resistance near $3,361 and now appears ready to head for levels like $3,125 or perhaps $3,000. Bitcoin (BTC) has been very responsive to analysis methods that use angles to find levels where big trends will stop and start. 200-day Moving Average The 200-day moving average can help… Read more

Indicators Ahead of European Central Bank and Fed: Overstock (OSTK), Galaxy Digital (GLXY), ICE, Dollar Index (UUP)

December 12, 2018  /  by Bill Noble
Crypto may be subject to some forces in the macroeconomic world in the coming days. On Dec. 13, the European Central Bank (ECB) will meet to discuss interest rates. Given the riots in France, the ECB will likely say something at the press conference hinting it will help. It may hint that it will flood… Read more

CFTC Approval of Ethereum (ETH) Futures Would Hurt ETH Market

December 12, 2018  /  by Zachary Mashiach
The Commodities Futures Trading Commission (CFTC) is requesting public comment on Ethereum (ETH) regarding its underlying technology, opportunities, risks, mechanics, use cases, and markets. Essentially, the CFTC is trying to confirm whether ETH is a commodity or a security. If it’s a commodity, the agency must determine whether it is proper to have official futures… Read more

Dentacoin Will Give Your Crypto Portfolio a Cavity

December 12, 2018  /  by Zachary Mashiach
The War On Shitcoins Episode 2: Dentacoin (DCN). The war on shitcoins is a Crypto.IQ series that targets and shoots down cryptocurrencies that are not worth investing in either due to their being scams, having serious design flaws, being centralized, or in general just being worthless copies of other cryptocurrencies. There are thousands of shitcoins… Read more

Looming Bitcoin (BTC) Dominance Breakout: Another Look at Litecoin (LTC), Ethereum (ETH), and Ripple (XRP)

December 11, 2018  /  by Bill Noble
One of the big technical themes in crypto this year has been the power of the transition from quiet consolidations to major trends. The obvious example was Bitcoin’s (BTC) quiet range near $6,500 for the July to November period. Once Bitcoin (BTC) left that range to the downside, it lost 40 percent of its value.… Read more

Falling Prices, Increasing Regulation Causing Crypto Hedge Funds to Shut Down

December 10, 2018  /  by Angel Reyes
In the wake of the falling Bitcoin prices, newly formed crypto hedge funds are taking a huge hit, and many of these funds are beginning to shut down due to high water mark issues, said “Off the Chain” podcast host, Anthony Pompliano. Pompliano is a recognized figure in crypto and is founder and partner at… Read more

Nasdaq Plans to Launch Bitcoin Futures in Early 2019 Proceed Without Resistance

December 6, 2018  /  by Angel Reyes
Although this month has seen a 33 percent decrease in Bitcoin price, Nasdaq is moving forward with plans to include Bitcoin futures products. Partnering with investment managing company VanEck, the products are set to roll out in the first quarter of 2019. Plans to release many Bitcoin derivatives including a regulated crypto 2.0 futures-type contract… Read more