Why $20.8K is a critical level for Bitcoin | Find out now on Market Talks wit...
What is the critical support level for Bitcoin and what happens if the market drops below it? Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Charlie Burton. In this week's episode of Market Talks, we welcome professional trader Charlie Burton.Charlie is a professional trader with 24 years of experience and has been trading full-time since 2001. He is the founder of EzeeTrader and Charlie Burton Trading. He is also undefeated in the annual London Forex show live trade-off for the five years it was running. He has also been featured in the hugely....
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The folks over at BTC China - now the world's largest bitcoin exchange - are apparently in talks with Chinese regulators in hopes of getting Bitcoin accepted and approved as an "official currency", according to a Monday report by Business Week. These talks, described as "low-level", would allow the use of the digital currency for the buying and selling of goods in the People's Republic of China, Reported members of these talks include officials from the "People's Bank of China, the China Banking Regulatory Commission, and the China Securities Regulatory Commission." BTC China head honcho....
Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […]
The recent crypto market downturn triggered a sharp decline in the Dogecoin price that saw it erase its gains from prior days. However, this move has also exposed a critical level that the cryptocurrency must hold if there is to be any hope of a recovery. As with any critical support level, holding above it […]
A trader forecasts that conditions are converging to a new Wyckoff level, bringing new strength among altcoins, which suffered disproportionately as Bitcoin momentarily fell below $30,000. Wyckoff Level Is Critical For Bulls On July 6, Bitcoin (BTC) was heading towards a critical Wyckoff level, as BTC price movement piqued traders’ interest in an altcoin rally. […]
Ethereum and the entire cryptocurrency market are currently caught within a consolidation phase This has come about due to Bitcoin’s tight bout of trading between $11,400 and $11,600 ETH is trading above a critical level that it was previously struggling to surmount This is a bullish sign that indicates it may be well-positioned for a strong move higher in the near-term That being said, one analyst believes that ETH’s price could drift significantly lower while […]