Day: September 18, 2020

Bitcoin Hit $20k the Last Time This Fundamental Indicator Flashed; It’s Back

boss

Bitcoin’s price action has given investors mixed signals as of late, with the benchmark cryptocurrency oscillating between $10,000 and $11,000. The resistance found at the upper boundary of this trading range has proven to be quite significant, as it has catalyzed numerous rejections throughout the past few weeks. Analysts are now widely offering mixed outlooks on BTC in the near-term, noting that its mid-term trend depends almost entirely on whether or not it is able to break above $11,000 in the near-term. Despite a foggy technical outlook, the cryptocurrency’s fundamentals…

‘Growth hacker’ hides 100 caches of Bitcoin Cash around city

boss

An anonymous benefactor manipulated social media to get on the news in the Californian city of Bakersfield to encourage the adoption of Bitcoin Cash. According to a Sept. 17 blog post from the Bitcoin Man of Bakersfield’ (BMB) — a self-described “anonymous growth hacker and media manipulator” — he selectively placed 100 Bitcoin Cash (BCH) QR code stickers worth $1,100 total around the streets of the city this week. “Giving away crypto does help people, but the real motivation is to spread awareness in a way that’s fun and interesting,”…

James Harden Thinks He’s ‘a Piece Away’

boss

James Harden and the Houston Rockets exited the playoffs in disappointing fashion yet again this year. Harden claimed his Rockets were only “a piece away.” That one piece might not be another star. James Harden remains optimistic despite yet another disappointing playoff run. LeBron James and the Lakers thoroughly destroyed the Rockets’ spirits by winning four games in a row following Houston’s lone victory. And yet, Harden took to the postgame podium after being eliminated and claimed that he and Russell Westbrook were a mere “piece away.” ‘We’re a piece…

Chainlink is “On the Horizon” of Making a Massive Push Higher

boss

Chainlink has seen some mixed price action in recent weeks, with the cryptocurrency’s price plunging as low as $10.00 and facing another rejection around $12.00. This price action has primarily favored sellers, as the inability for it to make a sustained push off of its support around $10.00 seems to point to some underlying weakness amongst buyers. It may also suggest that the recent downtrend has done serious damage to its mid-term market structure. That being said, the strong base of support it has been establishing throughout its recent price…