9 months ago
Date: 27 Sep 2022 - 08:40

The post Bitcoin Price Back Above 20000 Are the Bulls Active Again or Is This Just a Temporary Upswing appeared first on Coinpedia Fintech NewsWith a bearish weekly close and a bearish start to the week it was anticipated that the price of Bitcoin would soon drop to extreme lows. Now that there has been a significant upswing the price targets have been renewed toward the north. The BTC price is still covered by bearish clouds which could cause a sharp decline in the price in the near future.As the market capitalization is getting close to 1 trillion the cryptocurrency industry currently appears to have somewhat recovered. Sadly these levels might not last for very long because it is predicted that the price of Bitcoin will decline significantly over the next few days.nbspCapo a wellknown analyst who foresaw the BTC price recovery now forecasts a significant asset dump that will happen very soon.nbspBTC pic.twitter.comh3SYI5P8CZmdash il Capo Of Crypto CryptoCapo September 27 2022The analyst foresaw the current upswing a few days ago when BTC prices were trading inside of a symmetrical triangle. The prices are expected to peak between 20500 and 21000 after which they could experience a sharp decline to lows between 14000 and 16000 over the next few weeks.The BTC price is currently trading above the resistance at 19600 and is trying to secure levels above 20400 as soon as possible. However the star cryptocurrency might make an attempt to climb above the crucial resistance at 21100 after which a healthy uptrend towards the previous highs at 22500 may be about to begin.nbspIn contrast a retest of 18500 is still possible and could invalidate the bullish trajectory for the price of Bitcoin BTC.

Read in the source

Share this page

馃憫 Collect a daily bonus of 10 Crowns every day for free! Collect the bonus on the personal page of the Crowns
馃敆 Join our referral program and earn 小rowns together! Invite your friends to our friendly community

Crypto Overview Show morenavigate_next

USDT Market Price Change (24H) Market Cap Last 7 Days
39997.79 $ 0 % 760.32 Billion $
3001.33 $ 0 % 360.05 Billion $
1.001 $ 0 % 82.65 Billion $
398.86 $ 0 % 59.29 Billion $
1.004 $ 0 % 50.96 Billion $
101.49 $ 0 % 33.28 Billion $
0.122 $ 0 % 31.52 Billion $
0.7024 $ 0 % 30.96 Billion $
82.96 $ 0 % 29.44 Billion $
0.9455 $ 0 % 29.42 Billion $

Crypto News Show morenavigate_next

Russians are believed to collectively hold more than 16.5 trillion rubles or around 214 billion worth of cryptocurrencies according to estimates from government officials based on the IP addresses of users are crypto exchanges and other information. The 214 billion figure is equivalent to around 12 of global cryptocurrency holdings or a third of the

According to The Financial Stability Board the growing appetite of large institutions and VC firms for cryptocurrency exposure could prove counterproductive not only for said financial giants but for the entire world.The watchdog called for exercising greater control over operations that involve significant money investments to avoid a potential financial crisis on a global scale.The Global Financ

Frankfurts Central Office for Combating Cybercrime ZIT and the Federal Criminal Police Office BKA conducted a joint operation against the Russian Darknet Marketplace Hydra Market. The authorities shut down its server infrastructure and seized over 25 million worth of bitcoin.Hydra Market is DownAccording to a federal police statement German law enforcement agents secured the server infrastructure

According to experts Bitcoin may not be headed back into the green anytime soon.

Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Departments Consumer Price Index CPI jumped 7.5 higher than it was a year ago. US Inflation Continues to SurgeOn Thursday the U.S. Labor Department published its CPI report which shows inflation is not abating any time soon. The Consumer Price Index CPI

New Study Investigates the Role of BlockchainBased Data Capture amp Crypto Incentives in Improving Patient OutcomesMMUST the premier technology and innovation university in Kenya and Immunify.Life a transformative and selfsustaining healthcare ecosystem secured by blockchain has entered into a partnership that will leverage MMUSTs academic and research prowess and the advanced tech infrastructure

Retail investors brace for more bad news after headlines revealed that a court has ordered the liquidation of the beleaguered cryptocurrency fund Three Arrows Capital. Is a deeper crypto market correction on the way3ACs Liquidation Ordered In The British Virgin IslandsSo uh not sure if youve looked out the window at all today but Three Arrows Capital popularly known as 3AC is in dire straits.3AC h

GRN (G) Token Listed On Exchange 11 months ago

Leading cryptocurrency trading platform is ecstatic to announce the expansion of its token offering and the listing of GRN G token with USDT on July 1 2022 at 1000 UTC UTC. Because the listing makes it possible for anyone to trade GRN tokens on the platform it further establishes XT.coms position as the industry leader. During this time the GRN token has emerged as the most recent cr

MyCointainer a platform for easy yield staking is happy to announce the successful completion of its Seed funding round that raised 6 million from VCs and Angel investors.As per the announcement the round was led by Mapleblock and colead by Shima Capital and Bybit. The event saw the participation of rich portfolios including Circle ConsenSys Algorand dYdX Mina Ankr Casper Labs Enjin Near Polkadot

It is official Minting of NFT domains is now live on the Quik marketplaceAfter months of planning and research has finally announced that the minting of NFT domains is now available Now users can mint .VR .Metaverse .Chain .Doge .Shib and .Bored NFT domains of their choice with no lifetime renewal fee Each of the minted NFT domain names comes with a unique NFT artwork. Also Quik plans to

The post Shiba Inu Price Analysis Heres What Next For SHIB Price appeared first on Coinpedia Fintech amp Cryptocurreny News Media Crypto GuideThe Shiba Inu price analysis continues to indicate bullish signals for a third consecutive day with a Shooting Star pattern emerging on the daily price chart. Since the dramatic rise on July 06 2022 when SHIBs price jumped to 0.00001039 before continuing it

Analysis shows that Nasdaq has lost over 7 trillion in value amid the market selloff in 2022.Quantum Economics founder and CEOMati Greenspan highlighted on Twitter that 7.6 trillion had left the Nasdaq in value in the current decline.DotCom bubble 8211 4.6 trillionGlobal financial crisis 8211 2.3 trillionCovid19 selloff 8211 4.4 trillionCurrent decline 8211 7.6 trillionWhen adjusted for inflation

Indian police have arrested 11 people so far in connection with a fraudulent cryptocurrency scheme that has duped about 2000 investors out of 5.4 million.11 People Arrested so Far in Cryptocurrency Scam in IndiaIndian police have cracked down on a cryptocurrency investment scheme that has duped over 2000 investors out of 40 crore rupees 5.4 million.The number of arrests reached 11 seven of whom we

Ethereum remained well bid above the 1720 support against the US Dollar. ETH recovered losses but it is still facing hurdles near the 1850 zone.Ethereum remained well bid above the 1720 support zone.The price is now trading below 1800 and the 100 hourly simple moving average.There is a key bearish trend line forming with resistance near 1840 on the hourly chart of ETHUSD data feed via Kraken.The p

Binance will merge the binance chain and binance smart chain BSC into BNB Chain as of today. This shift emphasizes BSCs relationship with the BNB token and the BNB ecosystem. Following in the footsteps of many other communitysupported initiatives BNB has been on its own evolutionary path toward more innovation and decentralization and BNBs use 8230