Bitcoin
Bitcoin Price May Rise in March Despite Month’s Bearish Track Record
Bitcoin is heading into a historically weak month on a positive note and could see gains if resistance at $4,190 is breached.
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Bitcoin is heading into a historically weak month on a positive note and could see gains if resistance at $4,190 is breached.
Bitcoin looks set to end its record six-month losing streak with modest gains in February.
Jennifer Robertson, one of QuadrigaCX’s two officers, asked a court to put a restructuring specialist in charge of the exchange.
Bitcoin risks a further sell-off if the bulls’ defense of $3,700 fails to produce quick recovery.
Funds allocated to BTC/USD short positions on Bitfinex fell to 11-month lows on Sunday as the price of bitcoin fell more than 8 percent.
Coinbase users can buy and sell XRP on its professional exchange platform starting tomorrow.
Bitcoin nosedived overnight, clouding the interim bullish outlook, and a deeper drop could unfold if key support near $3,700 is breached.
Bitcoin likely bottomed out in December and could begin a new bull run this year, as a lagging indicator has turned bearish for the first time in four years.
Bitcoin’s price returned above $4,000 on Saturday for the first time in over a over eight weeks as the broader cryptocurrency market flashed green.
Bitcoin’s three-day price consolidation looks to be a bull breather before a continuation of the recent rally to above $4,000.