Day: February 24, 2020

Litecoin Prints Array of Buying Signals, and That’s Massively Bullish for Crypto

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Despite the brutal retracement the cryptocurrency market saw this week, a top analyst is getting bullish on Litecoin, citing an array of technical factors. While this may not seem relevant to many readers, as many of you may not trade or own the altcoin, LTC’s directionality could have a strong effect on the rest of the crypto asset class, Bitcoin included. Related Reading: The Simpsons Just Ran a Bitcoin Segment, and Crypto Twitter Is Raving About It Litecoin Prints Number of Strong Buying Signals The pullback in the cryptocurrency market…

Why Analysts Expect More Upside After Bitcoin Just Broke $10,000 (Again)

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Over the past 36 hours, Bitcoin has finally started to show signs of strength after the brutal 10% sell-off earlier this week. From the week’s most traded price at $9,600, the cryptocurrency has pressed higher to $10,000 as of the time of writing this, seemingly to establish a short-term candle close above this crucial psychological level. While still in its earliest stages, analysts say this latest leg to the upside has room to run, citing a confluence of positive technical factors that suggest Bitcoin is entering back into a bull…

Did Coronavirus Originate in America? Chinese Media Pushes Conspiracy

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Chinese state-run media has reported that many Chinese believe Wuhan coronavirus originated in the U.S. The report claims that the disease is being mistaken for influenza – which has already killed 16,000 this season. The conspiracy may be part of an intensifying information war between competing governments. Since the beginning of the Wuhan coronavirus outbreak, which has now grown to infect 79,000 and kill over 2,000, Chinese authorities have attempted to deflect attention away from the crisis by comparing it to the American flu season. Some claim that influenza, which…