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Bitcoin Price Watch; Here Are This Morning’s Key Levels

November 9, 2017 BitNewz.net 0

It is early Wednesday morning in Europe and we are about to kick off our day of trading in the bitcoin price. Things have been extremely volatile over the last 24 hours against a backdrop of some fundamental inputs (we are looking at you, SegWit2X) which wasn’t unexpected, but the specific impact of the inputs … Continue reading Bitcoin Price Watch; Here Are This Morning’s Key Levels

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DASH/USD and LTC/USD Technical Analysis November 9 2017

November 9, 2017 BitNewz.net 0

DASH/USD DASH continues to pound against the $300 level, and an attempt to break out. The stochastic oscillator is starting to reach the overbought area, so be interesting if we can break out above the recovery dollars level, as it would signify a major shift in momentum. I have been saying for days that I … Continue reading DASH/USD and LTC/USD Technical Analysis November 9 2017

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BTC/USD and BTC/JPY Technical Analysis November 9 2017

November 9, 2017 BitNewz.net 0

BTC/USD Bitcoin rallied a bit during the day on Wednesday, using the $7000 level as support, bouncing towards the $7500 level. We are currently on path to make a fresh, new high, and every time that happens, it’s an obvious buy signal. I also believe that pullbacks will continue to be attractive, and that $7000 … Continue reading BTC/USD and BTC/JPY Technical Analysis November 9 2017

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Bitcoin Price Technical Analysis for 11/09/2017 – Pop Higher on Hard Fork Suspension

November 9, 2017 BitNewz.net 0

Bitcoin Price Key Highlights Bitcoin price enjoyed additional volatility on news that the hard fork will be suspended. Price popped up to new highs at $7900 before quickly retreating. The ascending channel marked earlier is still intact, which means th…

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Crypto Chaos As Bitcoin Drops $800 From Spike Highs

November 9, 2017 BitNewz.net 0

Having surged higher to almost tagged $7900 on the heels of news that the SegWit2x ‘hard fork’ would be suspended, Bitcoin has now crashed back …The post Crypto Chaos As Bitcoin Drops $800 From Spike Highs appeared first on bitcoinmining.shop.

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Cryptocurrency Chia Seeks to End Huge Electricity Demands of Bitcoin

November 8, 2017 BitNewz.net 0

As brilliant as a tool for financial empowerment as it is, Bitcoin isn’t terribly environmentally friendly. It’s been estimated by Alex de Vries at Digiconomist that with BTC priced as it currently is, it would be profitable for miners to consumer 24 terawatt-hours in power every year. Put another way, more electricity than the entire … Continue reading Cryptocurrency Chia Seeks to End Huge Electricity Demands of Bitcoin

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