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Commentary: Of course we shouldn’t be surprised by this year’s cryptocurrency price bust

CAMBRIDGE: With the price of Bitcoin down 80 per cent from its peak a year ago, and the larger cryptocurrency market in systemic collapse, has “peak crypto” already come and gone?  Perhaps, but don’t expect to see true believers lining up to have their cryptocurrency tattoos removed just yet. Advertisement At …

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Bitcoin price CRASH: Bitcoin and Ethereum drop 3 percent – will they hit bottom line? | City & Business | Finance

The cryptocurrency market went through a $4 billion drop in its valuation, which works out at around 3.5 percent. The biggest cryptocurrencies were unable to show signs of a corrective rally, or an increase. This led to small market cap digital assets and ERC20 tokens dropping by more than 10 …

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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant: Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant Breakout This is …

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Commentary: Of course we shouldn’t be surprised by this year’s cryptocurrency price bust

CAMBRIDGE: With the price of Bitcoin down 80 per cent from its peak a year ago, and the larger cryptocurrency market in systemic collapse, has “peak crypto” already come and gone?  Perhaps, but don’t expect to see true believers lining up to have their cryptocurrency tattoos removed just yet. Advertisement At …

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Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Gradual decline can turn into a bearish avalanche

Cryptocurrencies extend the slump, in a gradual manner. Bitcoin has strong support but below $3,000, while Ehtereum and Ripple have hard caps. Here are the levels to watch according to the Confluence Detector, our proprietary tool Digital coins are out of the negative spotlight, but that does not mean they …

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Bitcoin price falling: Why is bitcoin falling today? Will BTC fall below $1,000 in crash? | City & Business | Finance

Bitcoin has crashed to a 15-month low, falling to $3,413 on CoinMarketCap. The cryptocurrency saw highs of $20,000 earlier this year but has now lost more than 80 percent since its peak in January. The digital currency has suffered from massive selloffs, threats of greater regulation and problems with algorithms, …

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Bitcoin Price Watch: We’re Not Quite Done Bottoming Out

At press time, bitcoin is trading for just over $3,300, meaning there’s no change since our previous price article. At least we can be grateful that bitcoin, albeit temporarily, is exhibiting enough strength to withstand any further needs to drop lower. Bitcoin is now being subjected to mass speculation. Rather, …

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Ethereum’s Lower Price Could Be Good for New ETH Blockchain Developers to Enter the Ecosystem

During November, the market lost an important part of its value after falling during the current year around 80%. Some virtual currencies such as Ethereum (ETH) have been severely damaged by this bear market. Ethereum is currently being traded around $91 and it has a market capitalization of $9.49 billion. …

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Panic Mode? What a Wall Street Chart Tells Us About Bitcoin’s Price

Investing in financial markets can be an emotional roller-coaster and the bitcoin market is no exception. When it comes to investment, human emotions tend to oscillate between two extremes – fear and greed – and the constant balancing act between the two creates a cycle of market emotions.   For …

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Bitcoin price stability ousted: The downside still beckons

Bitcoin price trend still heads south; could be seeking for a bottom? Bobby Lee predicts Bitcoin to bottom out around $2,500 in January 2019. The situation in the crypto market remains unchanged compared to the levels of yesterday, Monday 10. Bitcoin price continues to correct lower on the day with …

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