Bitcoin Near Support, Bitcoin Cash Crash: Where to from Here?

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Bitcoin has dipped below $7,000 for the first time since April 16 today and, in the process, dragged the rest of the cryptocurrency market down with it. The one cryptocurrency that has bucked today’s negative trend is Stellar, which has posted a nearly 14% gain. Meanwhile, traders should be prepared for a big move in the coming days as volatility has tightened to a three month low. Technically speaking, the chart of Bitcoin looks god awful. Each bounce has been feeble compared to the prior decline. The above chart is from yesterday but it hasn't changed much. Bitcoin Cash Speed! Users had bitcoin cash speed a chance to pay higher transaction fees to speed up the confirmation, but this approach basically rendered Bitcoin useless as etf sparplan gold a payment method, especially when it came to smaller transactions.! Of the most popular on being Bitcoin Cash, Ethereum, Ripple, Stellar, Litecoin, Dash, etc. Bitcoin has bullishly broken $8,000 resistance, trading at $8,100 at the time of writing (12:15 GMT). Having spent most of Tuesday trading at the $7,700 mark, Bitcoin trading volume started to increase in the early hours of Wednesday, as prices first broke through $7,800 and then through $8,000. It reached a peak price of $8,174.85 on the Binance exchange. To some extent, Bitcoin and other PoW-based crypto-assets are crystallizations of energy spent in mining. Some critics find the enormous amount of energy PoW consumes alarming, and are quick to jump into conclusion that Bitcoin is damaging to the environment. The real issue here is much more complex than looking at total energy consumption. Like all things that involve the interests of ... Bitcoin Crash Accelerates By Mike (Mish) Shedlock - Apr 01, 2018. The top 26 cryptos are in the red, with the 4 majors down double digits. This week, 9 of the top 11 are down over 20%. Chart from ... Explore the most relevant and up to date Bitcoin analysis and opinion articles on our Bitcoin analysis section. Mike "Mish" Shedlock @MishGEA So far, peer-to-peer is the only answer. OK but that presumes one can find a person willing to barter who has what you want and is also willing to hold more Bitcoin ...

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