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Bitcoin failed to clear the $48,500 resistance zone against the US Dollar. BTC is sliding, but it could find bids near the $45,500 support zone. Bitcoin is facing a strong resistance near the $48,000 and $48,500 levels. The price is now trading below $48,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $47,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could decline heavily if there is a clear break below the $45,500 support zone. Bitcoin Price Faces Resistance Near $48,500 Bitcoin price started a recovery wave above the $46,500 resistance zone. BTC surpassed the $48,000 level, but it failed to gain strength above the $48,200 level. A high was formed near $48,289 and the price is now correcting lower. It traded below the 50% Fib retracement level of the upward move from the $45,520 swing low to $48,289 high. Bitcoin price is now trading below $48,000 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $47,000 level.
The post Crypto Markets Ready for Santa Rally? Top Trader Predicts When BTC and Digital Assets Will Ignite Recovery appeared on BitcoinEthereumNews.com . A widely followed trader is having a close look at the state of Bitcoin to determine when the leading cryptocurrency can launch the next leg of its bull cycle. Top
The Mexican retail chain - Elektra - and the Asian game developer - Nexon - are the latest firms that embraced cryptocurrencies as a payment method.

Sports And Bitcoin Low Time Preference Energy

05:10pm, Sunday, 19'th Dec 2021 Techtelegraph
Preface: All human action stems from the desire to increase our supply of accessible energy reserves. Humans act to transform energy from inaccessible to accessible. We seek to acquire energy reserves to provide security for an unpredictable future. The more energy reserves we have access to the higher the likelihood we are able to survive [] The post Sports And Bitcoin Low Time Preference Energy appeared first on TECHTELEGRAPH .
By Analytics Team, Giottus Cryptocurrency Exchange As Bitcoin struggles to get past $50,000, the community celebrated the milestone of 90 per cent of Bitcoins total supply being mined this week. It has taken just 12 years to mine the first 90 per cent while the remaining 10 per cent will be mined slowly over the [] The post bitcoin price: Crypto Week at a Glance: Crypto market in consolidation as Bitcoin reaches 90% milestone appeared first on TECHTELEGRAPH .
Germany''s largest savings bank planning to allow customers to buy/sell and HODL Bitcoin
The post CBDC Still Unattractive to Users Despite Claim of ‘Excellent’ Adoption Rate – Emerging Markets Bitcoin News appeared on BitcoinEthereumNews.com . Nigerian blockchain and cryptocurrency experts have suggested that many prospective users will only consider adopting the e-naira once the central bank has done enough to make the CBDC (central bank…
Bitcoin continues to be on the defensive as the new week arrives in the United States. It put in a spirited weekend performance to climb above $50,000 on the weekend after briefly falling below $47,000 late last week. However it''s looking like the bounce was a reprieve not a reversal. It''s down thr
San Francisco, United States, 13th December, 2021, Chainwire Portal, a true cross-chain DEX that makes atomic transactions between Bitcoin and other digital assets fast, secure, and private, has entered a strategic partnership with Chainlink,
Bitcoin price has lost a lot of ground in recent weeks. Its down 30% from its most recent peak of $69,045 in November, according to CoiGoLive. This caused a lot speculation in the community. As such, analyst Plano B approached historical data to explain why he thinks $69,000 was not the highest

Bitcoin Volatility Makes Market, Creates Growth Opportunities

01:30pm, Monday, 13'th Dec 2021 FinancialNewsMedia
NetworkNewsWire Editorial Coverage New York, NY December 13, 2021 Investors understand that, for a variety of reasons, volatility is part-and-parcel to investing in cryptocurrencies. For Bitcoin, the most popular of all digital currencies, a finite supply and the nascency of the market are key contributors to volatility that can test a small-retail [] The post Bitcoin Volatility Makes Market, Creates Growth Opportunities appeared first on Financial News Media .
ST. JOHN''S, Antigua and Barbuda, Dec. 13, 2021 /PRNewswire/ -- A U.S. federal court has declared Antiguan-Australian citizen, Dr. Craig S. Wright to be the sole individual who can claim the mantle of Satoshi Nakamoto, the pseudonymous creator of Bitcoin. On December 6, the jury in the
Francis Suarez already collects his paychecks in the cryptocurrency, which he plans for Miami residents to be able to use to pay municipal fees.
Mike Novogratz is bullish on Bitcoin these days, and this is happening amidst significant price corrections. During a new interview The post Mike Novogratz Is Bullish On Bitcoin Heres The Latest Price Prediction first appeared on CryptoGazette - Cryptocurrency News .
KUALA LUMPUR (Dec 13): It is difficult to establish any form of security control for cryptocurrencies such as Bitcoin due to their decentralised nature, said Deputy Minister in the Prime Ministers Department (Economy) Datuk Eddin Syazlee Shith. He said the government does not have any central site for controlling cryptocurrencies as they are open. Regarding cryptocurrencies, []
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