Price Analysis Mar 30: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Most cryptocurrencies have bounced off their immediate support levels, a positive as this shows demand at lower levels. BitMEX Research recently pointed out that the correlation between the S&P 500 and Bitcoin (BTC) has reached a new high, eclipsing the previous high recorded in March 2018. This shows that with all the money being printed to support the economy, a tiny bit might be finding its way into the crypto space, which is a huge positive. Over the long-term, only a fraction of the total stimulus packages announced around the…

How Bitcoin’s (BTC) Current Price Around $6,000 is Reminiscent of 2018

In brief: Bitcoin has so far defied the Death Cross which is evident on the daily chart.  The King of Crypto is currently trading at $6,350, reclaiming the important $6,000 support zone. However, the current price movement is reminiscent of 2018 and could fall further as all markets are affected by the Coronavirus.  With the new month of April only a few hours away, there is a lot of optimism with respect to the direction of the crypto markets. Generally, when CME Bitcoin futures contracts expire like they did last…

How Bitcoin’s (BTC) Current Price Around $6,000 is Reminiscent of 2018

In brief: Bitcoin has so far defied the Death Cross which is evident on the daily chart.  The King of Crypto is currently trading at $6,350, reclaiming the important $6,000 support zone. However, the current price movement is reminiscent of 2018 and could fall further as all markets are affected by the Coronavirus.  With the new month of April only a few hours away, there is a lot of optimism with respect to the direction of the crypto markets. Generally, when CME Bitcoin futures contracts expire like they did last…

Bitcoin Price Pumps $600 to CME Gap, But $6.6K May Be End for Bulls

The price of Bitcoin (BTC) retraced to $5,800 during the weekend, which left the markets with an open CME gap between $5,900 and $6,620. Aside from that, buyers have stepped in at the $5,850 level, leading to a $600 rise in the price on Monday. However, is the correction over or is the market range-bound? Crypto market daily performance. Source: Coin360 Bitcoin finds support at the $5,850 level The bearish scenario showed the movements in the previous article, which stated the support levels at $5,800 as significant levels to be…

Celsius Partners With Chainlink to Decentralize Price Data

Today, March 30, Celsius Network (CEL) begins using Chainlink’s (LINK) price data feed oracles while offering treasury management servicec to the oracle platform. The CEO and founder of Celsius, Alex Mashinsky, told Cointelegraph about the rationale behind the partnership: “Celsius wants to be more transparent and more decentralized and that is the main driver for partnering with Chainlink.” The partnership will begin with Celsius using Chailink’s crypto price oracles, after which Celsius will move transactions on-chain for greater transparency.  Celsius will provide treasury service to Chainlink, managing “several million dollars” worth…

Bitcoin Price ‘Likely’ Bottomed in $3.7K BitMEX Crash, Says Tone Vays

Bitcoin (BTC) likely reached its low when it hit $3,700 earlier this month, veteran trader Tone Vays has forecast as markets remain up 70%. In the latest episode of his Trading Bitcoin YouTube series on March 29, Vays repeated his previous claim that, logically, BTC/USD should bottom at 20% of its 2019 highs — $2,800. Vays on $2.8K: “I don’t think it’s likely anymore” This could occur before May’s block reward halving and not endanger Bitcoin’s long-term perspective, he said, but a dive after that event could have grave consequences.…

Bitcoin Price Reclaims $6K as Traders Eye New BTC Futures Gap Above

Bitcoin (BTC) swiftly retook $6,000 after losing support on March 30, as analysts eyed a potential for the price to fill a new gap in futures markets. Cryptocurrency market daily overview. Source: Coin360 BTC price gains 3% after a brief dive Data from Coin360 and Cointelegraph Markets showed BTC/USD trading at around $6,300 at press time — a rise of 2.8% on the day.  The past 24 hours had seen the pair dip to lows of $5,870 after signaling weakness throughout the weekend. Those were short-lived, however, with Bitcoin regaining…

Ethereum Price Plunges to $125: Can Bulls Save the Day?

Ethereum is currently declining and it broke the $130 support area against the US Dollar. ETH price is consolidating losses and upsides are likely to face hurdles near $128 and $130. Ethereum is down around 2% and it tested the $125 support zone against the US Dollar. The price is currently consolidating above $125 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance near $128 on the hourly chart of ETH/USD (data feed via Kraken). A clear break below the…

Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K

Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future price of bitcoin as “safe-haven” theories have been steadily vanishing. Also read: In-Between Bitcoin Halvings: Analyst Proves Bitcoin’s Price Not Bound to 4-Year Cycles Top Ten Cryptos See Some Percentage Losses During Sunday’s Trading Sessions The price of bitcoin affects the entire…

Latest Bitcoin.com Wallet Release Features Live Charts and Price Tracking

While You’re Under Quarantine, Check These Sites for Remote Crypto Jobs If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home. The number … read more. How to Buy Weed With Bitcoin So you’ve got a little bitcoin to your name but are all out of weed. What you gonna do? Well, if you’re fortunate enough to live in a region where…