Archive | October 7, 2017

Bitcoin Cash Price Weekly Analysis – BCH/USD Forming Bottom?

Key Points Bitcoin cash price declined heavily this past week and broke the $400 support against the US Dollar. Recently, there was a break above a bearish trend line with resistance at $350 on the 4-hours chart of BCH/USD (data feed from Kraken). The …

Bitcoin Price Weekly Analysis – BTC/USD To Surpass $4600

Key Points Bitcoin price is back in the bullish zone and might soon break the $4600 level against the US Dollar. There is a crucial contracting triangle pattern forming with support at $4320 on the 4-hours chart of BTC/USD (data feed from SimpleFX). Th…

Ethereum Price Weekly Analysis – ETH/USD To Surpass $330?

Key Highlights ETH price is slowly and steadily moving higher towards $330 against the US Dollar. There is a major bullish trend line forming with support at $294 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might continue to move…

Bitcoin Illegal in Nepal? Police Arrest Seven Individuals for Trading Operations – Bitcoin News (press release)

Bitcoin News (press release)Bitcoin Illegal in Nepal? Police Arrest Seven Individuals for Trading OperationsBitcoin News (press release)This week seven individuals were arrested for running illegal bitcoin exchange operations in Nepal. According to Nepal’s Central Investigation Bureau (CIB), the suspects were trading bitcoins without authorization and the agency’s Deputy Superintendent …and more »