BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The world's largest cryptocurrency by market capitalization has dropped over 10% on Sunday, taking its year-to-date losses to 50% amid the reports that a relatively small South Korean cryptocurrency exchange Coinrail was hacked. Despite Coinrail's public statements did not mention bitcoin , BTCUSD suffered dramatically along with other digital currencies and broke below $6,700, to two-month lows.

Another significant bearish driver was the report from The Wall Street Journal that US regulators are investigating potential price manipulation at four major cryptocurrency exchanges: Bitstamp , Coinbase, itBit and Kraken. As these are big names in the industry, this caused the negative and cautious background in the market.

Following a major one-day dip, bitcoin is attempting to stabilize and refrain from further losses. The BTCUSD pair seems to find a bottom at $6,650 and could recover from here in the short term, though the impetus looks limited. Bitcoin looks rather attractive for buying now, but it still may go a bit lower should some more news from the US regulators come in the nearest future. So it’s early to call a bottom, but some players may decide to buy some coins at the current two-month lows.
Binance moving to Jersey Channel Islands will help the bullrun. Funds are safe. ;-) More will follow.
Nice charting & TA. Interesting read. TY.
Reply
Some coins year lows. Buy when the street are running with blood. Bargains to be had, I'm thinking and soon as Don & Kim have a good meeting today. We should see all GREEN.
Reply
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out