Sorry Bears, Bitcoin Won’t Go Down Quietly And Here’s Why It Could Rally

Sorry Bears, Bitcoin Won’t Go Down Quietly And Here’s Why It Could Rally

Bitcoin corrected lower below $8,700, but it found a strong support above $8,500 against the US Dollar. BTC price is currently rising and it could rally if it clears the $8,840-$8,900 resistance area. Bitcoin price might not go down quietly and it could rally above $8,800 against the US Dollar. The double top pattern is … Read more…

Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K

Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K

Bitcoin was rejected on a few occasions near $7,260 and $7,300 against the US Dollar. The price is currently declining and it remains at a risk of more downsides below $7,000. There is a declining channel forming with resistance near $7,180 on the hourly chart of the BTC/USD pair (data feed from Kraken). Ethereum is … Read more…

Ripple Bears Advance Warning To Bitcoin And Ethereum Bulls

Ripple Bears Advance Warning To Bitcoin And Ethereum Bulls

Ripple price is still struggling to gain momentum and declining below $0.1920 against the US dollar. Yesterday, XRP failed to rise substantially, while bitcoin and Ethereum climbed more than 5%. Recently, there was a break below a major bullish trend line with support near $0.1955 on the hourly chart of the XRP/USD pair (data source … Read more…

Bitcoin Stuns Bears — Soars $800 Back Over $7K to Fill Futures ‘Gap’

Bitcoin Stuns Bears — Soars $800 Back Over $7K to Fill Futures ‘Gap’

Bitcoin (BTC) price is currently in the process of a strong reversal, which has seen the digital asset quickly recover 8.16% to trade slightly above $7,200.  On Dec. 17 the digital asset broke below the $6,800 support level and swiftly commenced a tumble to the $6,450 support where it bounced of the lower support of … Read more…

Art Basel bears far better fruit than that $120,000 banana

Art Basel bears far better fruit than that $120,000 banana

Unlike so much of the artwork on display at the recent Miami Art Week, the already rotting fruit was easily replaced. But Cattelan’s banana made a lasting statement. This sad, soft, and for sale piece was a mockery of the mainstream art world. It was always meant to turn a profit, stuck to the wall … Read more…