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The current price of BTC is roughly in line with the popular stock-to-flow (S2F) system for technical analysis, and if the trend continues some speculate the price of the asset could reach $100,000 within the next two years. Though the S2F tool is still a controversial metric, and various groups have hampered the asset’s capacity … Read more
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, December 27th, the activity shrunk to a minimum. The leading cryptocurrency is trading at $7181.00 and declining slightly. Judging by the dynamics on D1, market participants are aimed at 76.0% ($5700.00) but stopped yet near 61.8% Fibo. At the decline, there is a convergence on the … Read more
The market is green again. After some very brutal two weeks, the market has begun to recover, led by the crypto king, Bitcoin. The currency gained 13 percent in the past 24 hours to reclaim the $4,000 level, and then some more. At press time, Bitcoin was trading at $4,221, with the momentum looking likely … Read more
The past 48 hours have been brutal for the crypto sector as a whole, with the price of almost all the top 10 altcoins dipping quite substantially within the aforementioned timeframe. In this regard, Bitcoin is currently trading at $6,337, thus showcasing a drop of nearly 5% since the day before. As a consequence of … Read more
Recently, Bitcoin’s price slipped to $6,000, pulling most of the altcoins down with it. Some experts see a “bear flag” in the downward-spiraling charts and predict an even greater drawdown, which is causing a wave of concerns among market participants. Is this decline in the prices of digital assets as terrible as many think? The … Read more
