Tag: btc

Crypto Price Analysis & Overview July 10: Bitcoin, Ethereum, Ripple, Cardano,and Doge

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Bitcoin Bitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction. Looking ahead, if the buyers can rebound from the lower boundary […]
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Bitcoin Price Analysis: BTC Plunges $250 Following Another Bart, Is $9000 Incoming?

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Bitcoin was looking promising to take on the $9,500 level yesterday after finally breaking above a critical down-trending resistance. Unfortunately, the breakout was nothing more than an orchestrated trading strategy used commonly by Bitcoin whales to shake out retail traders and likely accumulate more BTC. And it worked. The Bitcoin-Bashing Bart Simpson Pattern Whenever there’s […]
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Bityard Beginner’s Guide & Exchange Review

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Bityard is a cryptocurrency derivatives exchange that’s headquartered in Singapore, according to its official website. It accepts traders from more than 150 countries and claims to provide fast and secure cryptocurrency trading services. It’s important to note that Bityard is an exchange that operates entirely with derivatives. As such, there are no Bitcoin spot trading […]
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Open Interest on Binance Futures Up 180% in June Despite Lower Trading Volume

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Binance Futures traders held more open positions in June compared to May, even though trading volumes declined month-on-month.  Open interest on Binance Futures rose 180% in June compared to May, from 220 million USDT to 580 million USDT. Binance concluded that this might anticipate an increase in Bitcoin volatility. Traders Held More Open Positions in […]
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Ripple price in a downtrend, $0.17 is the main support line

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The Ripple price may be recovering. The path of least resistance could be on the upside given the project’s numerous fundamentals that scream “buy.” Still, prices are capped, dragging investors’ hope as XRP oscillates within a tight trade range. The XRP security or utility question Presently, what’s trending is XRP’s classification. As the third most […] …