Please share if you find this article interesting. Bitcoin Headed For $100,000 Or $100? CEOs, Big Investors And Harvard Economist Predictions This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Many predictions have been made regarding Bitcoin’s price which, after jumping from around $1,000 to $20,000 in 2017, decreased to lows of around $6,000 before climbing back to $8,000. This huge volatility makes it very challenging to predict the price in the short-term. Nonetheless, a fundamental analysis of the evolution of Bitcoin’s price in the longer term could be more reliable. Several predictions are analyzed and discussed below to estimate the most likely di
Please share if you find this article interesting. IBM And Major Banks Blockchain Partnership Reports First Live Pilot Transactions IBM’s partnership with international banks to develop a Blockchain trade finance platform called Batavia has resulted in the platform’s first live pilot transactions, according to a press release published today, April 19. IBM, the Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, and the United Bank of Switzerland (UBS) began work on the initiative last fall. Batavia works by tracking events in a product’s supply chain, while key events can prompt the execution of smart contracts that close trade agreements. According to the announcement, the initial transactions involved sending cars from Germany to Spain and furniture production textile
Please share if you find this article interesting. $8,300: Bitcoin Seeks Direction at Key Price Hurdle Bitcoin (BTC) remains in bullish territory today, but a major break above the long-term descending trendline has been elusive. That failure on the part of the bulls means the cryptocurrency needs a major move above $8,300 soon to lessen the risks of another sell-off. The trendline resistance is around $8,285 currently. However, soon before press time, BTC was closing in on that target level and changing hands at $8,226 on Bitfinex (up 1.4 percent on a 24-hour basis). So, the next few hours are likely to determine the pattern going forward. Daily chart As the chart above shows, BTC is trading in a tight range ($8,032-$8,285) this morning, but is holding well above the ascendi...
Please share if you find this article interesting. Ethereum Classic Price Technical Analysis – ETC/USD Targets $20 Key HighlightsEthereum classic price is surging higher and is currently placed nicely above $17.00 against the US dollar.There was a break above a major connecting resistance trend line at $17.40 on the hourly chart of the ETC/USD pair (Data feed via Kraken).The pair is in a solid uptrend and it could continue to move higher towards $20.Ethereum classic price is poised to extend gains against the US Dollar and Bitcoin. ETC/USD is likely to move past $18.00 for a test of the $20.00 handle.Ethereum Classic Price TrendThere was a bullish bias formed above the $15.00 level in ETC price against the US dollar. The ETC/USD pair formed a solid support base at $15.00 and star
Please share if you find this article interesting. Ripple Price Technical Analysis – XRP/USD Bullish Breakout Key HighlightsRipple price surged higher and broke a major resistance near $0.6800 against the US dollar.This week’s contracting triangle with resistance at $0.6800 was breached on the hourly chart of the XRP/USD pair (data source from Kraken).The pair traded above the $0.7000 and is now placed nicely in a bullish zone.Ripple price broke to the upside against the US Dollar and Bitcoin. XRP/USD is now positioned nicely for more gains above the $0.7200 level in the near term.Ripple Price Upside BreakThere was an increase in buying interest above the $0.6500 level in Ripple price against the US Dollar. As a result, there was a fresh start of an upside move from the $0.6500 l
Please share if you find this article interesting. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 19 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. In the stock markets, the introduction of index funds was a popular move. Why? It attracted many new investors because it is easy to invest and it provides better returns than most of the hedge funds. Cryptocurrency trading is like a roller coaster ride that many are unable to digest. However, if they can be offered a less volatile option ...
Please share if you find this article interesting. Ethereum Price Technical Analysis – ETH/USD Gaining Traction Key HighlightsETH price is moving higher and it recently broke the $535 resistance against the US Dollar.There is a new short-term connecting bullish trend line forming with support at $525 on the hourly chart of ETH/USD (data feed via Kraken).The pair may continue to rise in the near term towards the $547 and $550 resistance levels.Ethereum price is gaining upside momentum against the US Dollar and Bitcoin. ETH/USD is likely to extend gains with next hurdles near $547, $550 and $575.Ethereum Price TrendThere was a decent support base formed around the $510 level in ETH price against the US Dollar. The price consolidated for some time before it started an upside move fr
Please share if you find this article interesting. Bitcoin Cash Price Technical Analysis – BCH/USD Surged Above $850 Key PointsBitcoin cash price gained traction and it was successful in clearing the $800 and $850 resistances against the US Dollar.There was a break above a minor bearish trend line with resistance at $780 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair surged higher and traded close to the $900 resistance area recently.Bitcoin cash price is gaining upside momentum above $850 against the US Dollar. BCH/USD could soon break the $900 level to extend gains in the near term.Bitcoin Cash Price TrendThe past few sessions were positive as bitcoin cash price formed a key bottom below the $750 level against the US Dollar. The price started a nice up
Please share if you find this article interesting. Bitcoin Price Technical Analysis for 04/19/2018 – Bulls Ready to Charge Past Neckline Bitcoin Price Key HighlightsBitcoin price has gained a bit more traction on its bounce, signaling that bulls are back in the game.If bullish pressure is strong enough, a break past the inverse head and shoulders neckline on the 4-hour chart could take place.In that case, a stronger rally for bitcoin price could be underway.Bitcoin price is forming an inverse head and shoulders pattern to signal that a longer-term climb could take place.Technical Indicators SignalsThe 100 SMA is still below the longer-term 200 SMA to indicate that the path of least resistance is to the downside. This suggests that there’s still a chance for the selloff to resume.