Category : btc

Analysis Bitcoin btc Technical

Bitcoin Price Weekly Analysis: BTC/USD Remains Supported Near $6,380

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Key Points Bitcoin price is holding the $6,380 and $6,350 support levels against the US Dollar. There is a major contracting triangle forming with resistance at $6,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair needs to surpass the $6,420 and $6,460 resistance levels to gain momentum. Bitcoin price is holding the key $6,350
Analysis Bitcoin btc Technical

Bitcoin Price Watch: BTC/USD Remains Vulnerable Below 100 SMA

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Key Points Bitcoin price failed to move above the $6,400-6,410 resistance area against the US Dollar. There is a key bearish trend line in place with resistance at $6,405 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently trading below the $6,410 resistance and the 100 hourly simple moving average. Bitcoin price is
Analysis Bitcoin btc Technical

Bitcoin Price Watch: BTC/USD Forms Double Bottom Near $6,360

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Key Points Bitcoin price declined recently and tested the $6,350-60 support area against the US Dollar. There is a major bearish trend line formed with resistance at $6,410 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely forming a double bottom pattern near the $6,350-60 support area. Bitcoin price bounced back sharply from
asset Bitcoin btc Capgemini Decentralisation

Tech Lead at Capgemini Defends Bitcoin Against Nouriel Roubini’s Testimony

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Despite the growing popularity and acceptance of Bitcoin, every now and then there is someone who lambastes it. Recently, it was Nouriel Roubini, an economist and professor at New York University’s Stern School of Business, who attacked cryptocurrencies, calling them the “mother of all scams and bubbles.” Jan-Willem Burgers, the technology lead at Capgemini’s Distributed Ledger Practice, came to Bitcoin’s