Bitcoin – Stuck in a Rut and Going Nowhere. Can the Bears Take a Bite?

Bitcoin Cash ABC and Tron’s TRX led the way on the day with gains of 8.31% and 8.01% respectively. While Litecoin and EOS also made ground, …

Bitcoin gained 0.45% on Saturday. Following on from an uneventful gain of 0.01% on Saturday, Bitcoin ended the day at $4,063.2.

Recovering from a morning low $4,039.9, Bitcoin rallied to a mid-morning intraday high $4,084.

Bitcoin broke through the first major resistance level at $4,065.57 to come up against the second major resistance level at $4,085.93 before pulling back.

The reversal saw Bitcoin fall to an intraday low $4,028.4. Bitcoin tested the first major support level at $4,029.87 before moving back into positive territory.

While testing the major resistance levels, Bitcoin fell short of $4,100 levels for a 2nd consecutive day.

Elsewhere

Across the top 10 cryptos, it was largely skewed towards the positive. Bitcoin Cash ABC and Tron’s TRX led the way on the day with gains of 8.31% and 8.01% respectively. While Litecoin and EOS also made ground, Stellar’s Lumen struggled to end the day with a 0.96% loss.

A broad-based crypto rally through the early hours of the morning provided much-needed support. Holding on was another issue, however, with a number of the majors sliding into the red before support kicked in.

The crypto bulls were out in force through the day, with a number of bullish price calls hitting the news wires.

Influence was rather muted, however, with a number of crypto majors moving within some particularly tight ranges.

While Bitcoin managed to break back through $4,000 levels, attempts of a breakout from $4,100 have failed to date, which has left Bitcoin wedged between strong sub-$4,000 support levels and selling pressure at $4,100 levels.

Ripple’s XRP has succumbed to similar price action in the last week, with $0.31 levels being the new norm.

With the SEC deadline to review the Bitcoin ETFs set for 5th April, less than 2-weeks remaining could get the bulls driving prices northwards. The SEC has been particularly silent in recent weeks, so which way the decision will go remains a mystery.

The big questions will be whether the recent lack of volatility is enough for the SEC. The news wires have been silent on price manipulation and Fidelity has already rolled out custody services…

A missing piece of the jigsaw remains the rules and regs for the cryptomarket, however.

Get Into Cryptocurrency Trading Today

At the time of writing, Bitcoin was down by 0.47% at $4,044.2. Sliding from the start of the day, Bitcoin fell from a morning high $4,063.1 to a low $4,036.2 before finding support. The reversal through the early morning saw Bitcoin come within range of the first major support level at $4,033.07.

Bitcoin fell well short of the first major resistance level at $4,088.67 with the start of the day high $4,063.1.

For the day ahead

A move back through to $4,060 levels would signal a run at the first major resistance level at $4,088.67. Support from the broader market would be needed for Bitcoin to breakthrough to $6,100 levels, however.

In the event of a broad-based crypto rebound, Bitcoin would likely test the second major resistance level at $4,114.13 before any pullback.

Failure to move through to $4,060 could see Bitcoin fall back through the morning low $4,033.07 and first major support level at $4,033.07. Barring an extended crypto sell-off, we would expect Bitcoin to steer clear of sub-$4,000 support levels, however.

The second major support level at $4,002.93 would likely limit the downside in the event of heavier losses on the day.

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Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 24/03/19

Bitcoin Cash ABC rallied by 6.31% on Saturday. Following on from a 2.55% gain from Friday, Bitcoin Cash ABC ended the day at $165.51.

Bitcoin Cash – ABC – Bounces Back

Bitcoin Cash ABC rallied by 6.31% on Saturday. Following on from a 2.55% gain from Friday, Bitcoin Cash ABC ended the day at $165.51.

A particularly bullish start to the day saw Bitcoin Cash ABC rally to a mid-morning intraday high $168.52.

Rising from a start of a day intraday low $155.68, Bitcoin Cash ABC broke through the first major resistance level at $159.25 and second major resistance level at $162.63.

Easing back through the day, Bitcoin Cash ABC fell to an afternoon low $160.78 before steadying.

At the time of writing, Bitcoin Cash ABC was down by 2.63% to $161.16. A bearish start to the day saw Bitcoin Cash ABC slide from a morning high $165.19 to a low $160.53. The day’s major support and resistance levels were left untested early on.

For the day ahead, a move back through to $163 levels would signal a rebound later in the day.

Barring a broad-based crypto rally, we would expect Bitcoin Cash ABC to come up short of the first major resistance level at $170.79. Saturday’s high $168.52 would likely cap any upside on the day, in the event of a recovery.

Failure to move back through to $163 levels could see Bitcoin Cash ABC ease back to sub-$160 levels before any recovery.

A continued sell-off through the day could see Bitcoin Cash ABC test the first major support level at $157.95. Barring an extended broad-based sell-off, however, we would expect Bitcoin Cash ABC to hold onto $160 levels on the day.

Litecoin Finds Support

Litecoin rose by 2.20% on Saturday. Following on from a 1.2% gain on Friday, Litecoin ended the day at $60.43.

Tracking the broader market, Litecoin rallied from an intraday low $58.94 to a mid-morning intraday high $61.0.

Steering clear of the first major support level at $58.17, Litecoin broke through the first major resistance level at $59.75 and second major resistance level at $60.38. The breakout also saw Litecoin break through and hold above the 23.6% FIB of $60 on the day.

At the time of writing, Litecoin was down by 0.76% to $59.97. Tracking the broader market, Litecoin slid from a morning high $60.44 to a low $59.45. The start of the day morning high $60.44 fell short of the first major resistance level at $61.31. The reversal saw Litecoin fall through the 23.6% FIB of $60 to come within range of the first major support level at $59.25 before steadying.

For the day ahead, a move back through to $60 levels would be needed for Litecoin to take a run at the first major resistance level at $61.31. Support from the broader market would be needed, however, for Litecoin to breakout from the 23.6% FIB. The 23.6% FIB has continued to limit Litecoin’s high side to $61 levels in the last week.

Failure to move back through to $60 levels could see Litecoin take a bigger hit later in the day. A fall through the first major support level at $59.25 could bring $58 levels into play before any recovery.

Barring an extended sell-off throughout the day, however, we would expect Litecoin to avoid the second major support level at $58.06.

Ripple Struggles On

Ripple’s XRP rose by 0.42% on Saturday. Following on from a 0.01% decline on Friday, Ripple’s XRP ended the day at $0.3160.

A relatively range-bound day saw Ripple’s XRP rise to a mid-morning intraday high $0.3175 before easing back. The early move saw Ripple’s XRP come up against the first major resistance level at $0.3177.

A start of a day intraday low $0.31339 saw Ripple’s XRP steer clear of the major support levels. For the crypto bulls, it was the second consecutive day of falling short of $0.32 levels.

At the time of writing, Ripple’s XRP was down by 0.6% to $0.31410. Falling short of the major resistance levels, Ripple’s XRP slid from a morning high $0.31596 to a low $0.31288. Ripple’s XRP fell through the first major support level at $0.3138.

For the day ahead, a move back through to $0.3155 levels would signal a possible afternoon rally. A breakthrough the first major resistance level at $0.3179 would be needed, however, to bring $0.32 levels into play.

Barring a broad-based crypto rally, we would expect Ripple’s XRP to continue to come up short of $0.32 levels. The second major resistance level at $0.3197 would pin Ripple’s XRP back in the event of a trend-bucking move.

Failure to move through to $0.3155 levels could see Ripple’s XRP fall deeper into the red. A fall back through the first major support level at $0.3138 would bring the second major support level at $0.3115 into play.

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Bitcoin Payment Market Growing Popularity and Emerging Trends in the Industry Analysis by Key …

Bitcoin cash and Bitcoin are secure currencies for the internet. The market of the bitcoin payment is rising due to the growing need for a decentralized …

Bitcoin Payment Comprehensive Study by Type (Bitcoin exchanges, Remittance services, and payment, Wallet services), Application (Banking and financial services, Entertainment and media, Others), Denominations (Bitcoin (BTC), Millibitcoin (mBTC), Microbitcoin (uBTC), Satoshi) Players and Region – Global Market Outlook to 2024

This press release was orginally distributed by SBWire

Edison , NJ — (SBWIRE) — 03/23/2019 — Bitcoin payment is a digital payment currency that utilizes cryptocurrency (a digital medium of exchange) and peer-to-peer (P2P) technology to create and manage monetary transactions as opposed to a central authority. Bitcoin can also be bought on exchanges, or directly from the other people via marketplaces. Bitcoin cash and Bitcoin are secure currencies for the internet. The market of the bitcoin payment is rising due to the growing need for a decentralized and secure digital payment system, but there is some aspect which can hamper the market due to lacking in the awareness of the market

Advance Market Analytics recently introduced Bitcoin Payment Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2024. Bitcoin Payment Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.

Get Free PDF Sample Pages Of Bitcoin Payment Market Report: https://www.advancemarketanalytics.com/sample-report/53665-global-bitcoin-payment-market

Major Key Players in This Report Include,

Evolve Markets Ltd. (United Kingdom), CoinsBank (United Kingdom), Bitaccess (Canada), iFinex Inc (China), Bitfury Group Limited (United States), BitGive Foundation (United States), bitpagos (United States), BitPay (United States), Bitpesa (Kenya), Bitspark’s (China) and Blockstream Corporation Inc (Canada)

The market study is being classified by Type, by Application and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

The research methodology used to estimate and forecast the Bitcoin Payment Market began with capturing data from the key vendors’ revenue and market size of the individual segments through secondary sources, industry associations, and trade journals, such as the World Analytics Association and the Cloud Native Computing Foundation. The bottom-up procedure was employed to arrive at the overall market size of the market from the individual segments. After arriving at the overall market size, the total market was split into several segments and sub segments, which were then verified through primary research by conducting extensive interviews with the key industry personnel, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub segments.

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The report focuses on Global Bitcoin Payment Market major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What’s more, the market development trends and marketing channels are analyzed.

Strategic Points Covered in Table of Content of Bitcoin Payment Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Bitcoin Payment market

Chapter 2: Exclusive Summary – the basic information of the Bitcoin Payment Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Bitcoin Payment

Chapter 4: Presenting the Bitcoin Payment Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region 2013-2018

Chapter 6: Evaluating the leading manufacturers of the Bitcoin Payment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Bitcoin Payment Market is a valuable source of guidance for individuals and companies.

For More Information and Customization: https://www.advancemarketanalytics.com/enquiry-before-buy/53665-global-bitcoin-payment-market

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For more information on this press release visit: http://www.sbwire.com/press-releases/bitcoin-payment-market-growing-popularity-and-emerging-trends-in-the-industry-analysis-by-key-players-evolve-markets-coinsbank-bitaccess-ifinex-bitfury-group-1179138.htm

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Adrenaline Coin Tops 24 Hour Trading Volume of $30281.00 (ADN)

Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $164.65 or 0.04101253 BTC. Monero (XMR) traded 0.4% lower against …

Adrenaline Coin (CURRENCY:ADN) traded flat against the US dollar during the one day period ending at 0:00 AM E.T. on March 23rd. Adrenaline Coin has a total market capitalization of $0.00 and $30,281.00 worth of Adrenaline Coin was traded on exchanges in the last 24 hours. Over the last week, Adrenaline Coin has traded flat against the US dollar. One Adrenaline Coin coin can now be bought for about $0.0187 or 0.00000263 BTC on cryptocurrency exchanges including $27.32, $24.73, $7.55 and $7.16.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

  • Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $4,022.18 or 1.00000000 BTC.
  • Ethereum (ETH) traded 0.3% lower against the dollar and now trades at $137.56 or 0.03426403 BTC.
  • Litecoin (LTC) traded up 1.3% against the dollar and now trades at $60.75 or 0.01513302 BTC.
  • Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $164.65 or 0.04101253 BTC.
  • Monero (XMR) traded 0.4% lower against the dollar and now trades at $53.94 or 0.01343504 BTC.
  • Ethereum Classic (ETC) traded 0.9% lower against the dollar and now trades at $4.84 or 0.00120484 BTC.
  • Zcash (ZEC) traded up 2.5% against the dollar and now trades at $57.47 or 0.01431547 BTC.
  • Dogecoin (DOGE) traded 0.1% lower against the dollar and now trades at $0.0021 or 0.00000051 BTC.
  • Bitcoin Gold (BTG) traded 0.4% lower against the dollar and now trades at $13.10 or 0.00326366 BTC.
  • DigiByte (DGB) traded down 0.1% against the dollar and now trades at $0.0145 or 0.00000362 BTC.

Adrenaline Coin Profile

Adrenaline Coin (ADN) is a proof-of-work (PoW) coin that uses the ScryptOG hashing algorithm. Its launch date was July 17th, 2015. Adrenaline Coin’s total supply is 10,374,032 coins. The official website for Adrenaline Coin is adrenalinecoin.org. Adrenaline Coin’s official Twitter account is @AdrenalinePay.

According to CryptoCompare, “ScryptOG – Memory light algorithm “

Adrenaline Coin Coin Trading

Adrenaline Coin can be traded on the following cryptocurrency exchanges: $7.55, $43.87, $5.54, $105.86, $24.73, $27.32, $7.16, $31.16, $20.30, $33.80, $49.38 and $18.47. It is usually not currently possible to buy alternative cryptocurrencies such as Adrenaline Coin directly using U.S. dollars. Investors seeking to trade Adrenaline Coin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Adrenaline Coin using one of the aforementioned exchanges.

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Twitch removes crypto payment without any prompts

The payments were supported by currencies like Bitcoin, Bitcoin Cash, Ethereum and Litecoin. Even though the transaction volume could be ow but a …

Twitch is a live streaming video platform that reportedly has over fifteen million views tuning in daily and over two point two million (2.2 million) streamers. The crypto community on Reddit had noticed that Twitch just stopped giving the option of paying in cryptocurrency out of the blue.

This caused a lot of confusion among users. Many suspected it was because the company didn’t support crypto technology all of a sudden. This caused people to cancel their subscription in rage as an act of rebellion against Twitch’s decision.

However, some users said that they were surprised that Twitch even had an opinion to pay through crypto. This alternate response poses a new reason for the vanishing of the payment option out of the blue. Since a large number of users didn’t even know the option existed the vanishing can be explained by low transaction volume.

The option to pay by crypto was initially added in the middle of 2018. The payments were supported by currencies like Bitcoin, Bitcoin Cash, Ethereum and Litecoin. Even though the transaction volume could be ow but a Twitch streamer was gifted almost seventy thousand dollars by a user in cryptocurrency.

This is not the first case where a company has stopped supporting payments in crypto. But such cases mainly occurred because the website couldn’t figure out a stable system to accept transactions in crypto. However, Twitch has yet to disclose its reasons to drop its support for cryptocurrencies.

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