Price Analysis
Bitcoin has yet to find a bottom, but data suggests buyers were very interested in the abrupt dip to $80,000. Several altcoins are also approaching deep discount levels.
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Bitcoin Cash News
In May 2017, Bitcoin transactions could take up to four days to complete. The only way to make a transaction quicker was to pay a transaction fee, which at the end of 2017 was around $28. The delay and the cost of fees made Bitcoin impractical for making small purchases, which led to a new Bitcoin-based currency, Bitcoin Cash (BCH).
BCH is a cryptocurrency established from a hard fork that took place to manage Bitcoin’s scalability problem. Bitcoin Cash has several significant differences from Bitcoin: it is advertised as faster and cheaper to use, the maximum block size is eight megabytes, whereas the Bitcoin blocksize is one megabyte, and it has an emergency difficulty adjustment feature. Bitcoin Cash utilizes 0-conf (zero-conf), enabling nearly instant transactions, typically confirmed in the next block. However, this approach compromises security as it demands less mining power for block verification.
- Price Analysis
Bulls are struggling to hold Bitcoin price above $90,000, but BTC and altcoin charts suggest new yearly lows are the most likely outcome for cryptocurrencies in the short term.
5882 - Price Analysis
Bitcoin has broken below the psychologically crucial $100,000 level, signaling that the bears are in full control. The next strong support on the downside is at $87,800.
6688 - Price Analysis
Bitcoin bulls tried to spark a recovery, but were met with heavy selling pressure near $107,000. A similar fate awaited most altcoins, which sold off from their respective resistance levels.
4356 - Price Analysis
Bitcoin bulls are aggressively defending the critical $100,000 support level, as a break below it may accelerate selling, potentially pulling BTC price below $87,800.
5558 - Price Analysis
Bitcoin bulls defended the $107,000 level, but net outflows from spot Bitcoin ETFs increase the risk of a breakdown in the near term.
7639 - Price Analysis
Bitcoin swing traders took profits, and bears opened fresh shorts after BTC failed to recapture levels above $118,000. Will today’s FOMC presser kickstart a trend reversal in BTC and altcoins?
4517 - News
Song accused BTC Core developers of defecting and failing to address widespread community concerns about non-monetary data on the ledger.
7192 - News
The value of Bitcoin has grown substantially since the BTC community asserted independence from miner domination on Aug. 1, 2017.
5375 - Price Analysis
Bitcoin price made a weekend rush on the $109,000 resistance and HYPE, BCH, LINK and SEI could be the first altcoins to rally if BTC bulls secure new highs.
4141 - Price Analysis
Altcoins search for direction while Bitcoin looks on track to take a stab at new all-time highs.
13035 - Price Analysis
Bitcoin price continues moving higher as a ceasefire between Iran and Israel holds and traders anticipate a round of interest rate cuts from the US Federal Reserve.
8972 - Analysis
A massive surge in Bitcoin Knots nodes hints at a brewing civil war in Bitcoin. If tensions escalate, the price could be the first casualty.
15801 - Price Analysis
Bitcoin’s sell-off is accelerating, and most altcoins are following BTC’s path. Will traders buy the dips?
11455 - Price Analysis
Bitcoin sell pressure ramps up as traders anticipate today’s FOMC results. Could BTC price fall to $100,000?
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