Bitcoin Price Selloff; Trend Makers Bashing Continues

bitcoin price selloff trend makers bashing continues

Bitcoin Price plummeted below the $8000 level today for the first time in last the last thirty-five days. The constant bashing from business icons and trend makers are the most prominent drivers for the steep selloff. Bitcoin price lost 20% of its value since it hit the $9,900 mark on May 12. The selloff is quite surprising for bulls as they were expecting BTC price to generate solid gains considering Goldman Sachs, NASDAQ, and Intercontinental Exchange are all now backing the coin.   BKCM founder Brian Kelly was also stunned ……

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Bitcoin Cash Price Watch – BCH/USD Dips Below $1,300 Amid Crypto Selloff

bitcoin cash price watch bch usd dips below 1300 amid crypto selloff

Key Highlights: Bitcoin Cash failed to crack above $1,400 earlier today. Instead, the coin declined below $1,300, now trading at around $1,250. A major resistance level has been established at $1,290. A decline toward $1,200 could still happen in the short term as the BCH/USD moving averages are trending downward. BCH/USD Dips Below $1,300 On Crypto Selloff On Wednesday, Bitcoin Cash failed to move above $1,400 but instead fell sharply below the $1,300 price level. The price dip was so steep that it even broke the 76.4% Fib retracement level.…

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Altcoins are Back in the Red – Bitcoin Cash Price Leads the Sell-Off

altcoins are back in the red bitcoin cash price leads the sell off

Altcoins moved into the red today after generating substantial gains in the last couple of days. The traders are blaming profit-taking-strategies and a bearish environment in the stock market for the potential selloff. The majority of altcoins are retreating at a double-digit rate today. The stunning bull-run in altcoins lifted their prices to the highest level in the last few months – which is allowing short-term investors to capitalize on gains. Some of the altcoins including Bitcoin Cash (BCH), EOS (EOS), and Populous (PPT) has posted price appreciation of more…

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