BTC managed to find support around $8,000 after a tight consolidation for a few days. Price action is interesting as momentum picked up fast and is looking to retest previous resistances. A continuation is likely if BTC gets a good close in the daily. Next possible resistance is around $9,000+. Invalidation - if price fails to hold the 50 MA in the...
​As part of our on-going Tweetstorm Series, we showcase excellent Twitter threads on the most interesting topics in the industry and publish them here on Decentralize Today.Today we feature Neil Woodfine, Marketing & Communications Director at Blockstream. He was formerly working on business development and marketing for bitcoin start...
Bitcoin rocketed up today as it broke past $8,000. Price has reached an intraday high (as of the current 4H candle) of around $8,455. In the daily, support level is around 6,800 - 6,400. In the 4H, price shows a clear structure and it's trailing with the 10 EMA as it creates consecutive higher lows. Retracement is likely to happen in...
New year off to a good start! Is it a sign of things to come? Bitcoin broke out of the range and price is currently sitting above resistance of the previous range at $7,800+. Moving average crossover has also materialized. In the daily, support levels remain at 6,800 - 6,400 while resistance now sits at 8,000. If price is able to pick up ...
In the daily, BTC broke and closed below the $7,000 immediate support level yesterday. With this recent price action, selling pressure is still present and a follow through of the break down is possible if buyers are not able to hold bids. Next target is around $6,500 for support. Global market cap is at $187B, while BTC's market cap is at $12...
Bitcoin is still floating around the $7,000 level. In the weekly chart, price has already crossed below the 50 MA. Possible scenarios in the weekly: a) full on red candle which could possibly indicate continued selling pressure; may push the price down back to 6,000+ level.b) current price action is a possible overshoot and price to retest 8,0...
Price is hovering near the immediate support level around 7,100 - 7,000 in the daily. If the daily makes a weak close, it is likely for BTC to hit below 7,000 again as it appears to be in a downward channel. Otherwise, support is respected and the current range remains; resistance around 7,500 - 7,600. Intraday chart (4H) also shows an interesting ...
As part of our on-going Tweetstorm Series, we showcase excellent Twitter threads on the most interesting topics in the industry and publish them here on Decentralize.Today. Today we feature Lucas Nuzzi, a Bitcoiner since 2012 and Director of Technology Research at Digital Asset Research , a trusted source of independen...
The last weekly candle closed on a bounce but didn't show any significant move. For the current weekly candle, BTC opened weak. If price isn't able to reach or retrace around $7,500, it can possibly break the 50 MA and head lower to look for next support. In the daily chart, BTC found support around $6,500 and resistance around $7,800. Possible sce...
The selloff has settled for now as BTC bounced and found support around 6,500 and its current immediate resistance is around 7,300. If price is able to break and hold above this current range, BTC might test towards the 7,500 - 8,000 level. Otherwise, tread in the market with caution as this could be a possible new lower high before another leg dow...
Bitcoin has broke down the $7,300 support in the weekly and daily chart. In the weekly chart, BTC is showing a clean structure as it breaks the 50 MA since its previous huge rally last May. Next key support for BTC is around $5,800 - $6,000. In the daily chart, there are still no signs of strength with huge selling volume and red candles. If price ...
In our third edition of 21 Questions By Decentralize Today, ​we feature Alex Gladstein, Chief Strategy Officer of Human Rights Foundation. Alex is an active voice in promoting sovereignty, privacy, and a champion in the fight against tyrannical organizations and governments. He burst into the Bitcoin scene with his thought-provoking article publish...
This week, we are launching our revamped site which we believe is more user friendly and which we know is even more privacy friendly than ever before. A lot of our design changes are at the backend but the net impact is to ensure that we get our articles and features out to you in a more timely and digestible fashion.We have also upgraded our conte...
​Allied Strategic Advisors with Gaudium and SnapEx lead us last October 29 with "Diligence and Intelligence: Security, Fraud and Risk Management" in collaboration with BlockchainSpace Philippines, aimed to educate and inform the community about the importance of being alert and responsible in the fast shifting blockchain world we are in.Colton Moff...
Bitcoin remains sideways in the daily chart. Meanwhile the intraday chart saw some action as price tried to reach around $9,500 but was rejected. Support is around $8,800 - $9,000 and resistance is around $10,000 - $10,500. Global market cap is at $250B, while BTC's market cap is at $168B. * A study by University of Texas professor John G...
Bitcoin continues to move sideways after a few days since the infamous pump near $10,400 that closed with a wick. In the daily chart, levels remain the same with "resistance-turned-support" around 8,800 and resistance around $9,900 - $10,300. Intraday 4H chart provides a closer look of the price action, support sits around $8,800 and immediate...
Bitcoin was able to close the weekly candle (Oct 21) with a pump from a low of $7,300 to a high of $10,370. The 3rd largest single day move in Bitcoin's history, fueled by the Chinese President announcing support for Blockchain initiatives. The last time it moved this way, Bitcoin was worth less than $10. The move was not obvious in the d...
In our second edition of "21 Questions by Decentralize Today", we feature Knut Svanholm, author of Bitcoin Sovereignty Through Mathematics. This thought-provoking and informative book will help you understand Bitcoin on a much deeper level, great for beginners and experienced Bitcoiners alike. "The more you think about it, the more t...
After several tests and retests of the support at $7,700, Bitcoin finally broke down and is now trading at around $7,450. Bears have firmly taken control of price action and may look for even more room at the bottom as shorts continue to pile up. Technical indicators all show bearish momentum, with RSI barely avoiding oversold levels, long-ter...
Women in Blockchain: Impacting the Future meetup, hosted by Blockchain Space and in cooperation with Consensys and Emfarsis consulting, was held on the 23rd of October 2019. Thessy Mehrain, the speaker for the event provided an introduction to the values, mission and motivation for Women in Blockchain. Here she talked to the attendees about WiB NYC...