Bitcoin
$6,476.35 0.03%
BTC · 1w

Trading Bitcoin — Bearish vs. Bullish

Trading Bitcoin — Bearish vs. Bullish

Is Bitcoin on the verge of a shift? Well, maybe. BTC was up against massive resistance around the $6,650.00 USD mark. If the trading price would have surpassed this mark momentum could have carried Bitcoin through to a potential optimistic high in the $8,000 USD range, carrying along with it a number of other altcoins.

With Bitcoin, as well as other cryptocurrencies who are seeing long and stagnant lows, this could have been a point where things start climbing again. If BTC can climb to $6,800.00 USD then it may even make $7,000 USD possibly $7,100 USD depending on how the next resistance is broken.

On the other hand, if BTC sinks below the $6,600 USD mark, the bear market will continue until resistance runs out and we see some upward momentum in trading price towards the end of the first week in October. As things sit now BTC is hovering in the $6,400/$6,500 USD range, which still leaves opportunity for a push to the $6,600 — $6,800 USD mark.

Trade predictions like this can be monetized through Hedge, through our smart contract powered Blueprint, which houses trading predictions, analysis, and any other valuable trading data. Traders can see what’s happening in the market, and then share their predictions with other traders. Imagine being on the cutting edge of market analysis, predictions, all in real time. That’s Hedge!

Go to medium.com
Recent news
BTC +0.03% · micky.com.au · 4h

Trezor announces exchange function

Harware wallet 'Trezor' now features an exchange function, which the company says will improve safety and functionality.
BTC +0.03% · twitter.com · 8h

Dear Miners, we strongly recommend you DON'T UPGRADE your S9 devices with the new Bitmain firmware. It is not compatible with BIP310 standard and as a result also not compatible with @slush_pool. We are working hard on providing our own fix asap and will keep you posted.

Dear Miners, we strongly recommend you DON'T UPGRADE your S9 devices with the new Bitmain firmware. It is not compatible with BIP310 standard and as a result also not compatible with @slush_pool. We a...
BTC +0.03% · medium.com · 10h

Hodl Hodl introduces 2 out of 3 multisig escrow

Today Hodl Hodl, a P2P cryptocurrency exchange, introduces a new type of multisig escrow account available for contracts at the exchange. From now on, during offer creation, every user will choose…