Bitcoin Price & Technical Analysis: Sellers Won’t Leave BTC
On Thursday, December 19th, the BTC is under pressure again, after the previous correction. It is currently trading at $7139.00 with the week’s minimum around $6430.00.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
On Thursday, December 19th, the BTC is under pressure again, after the previous correction. It is currently trading at $7139.00 with the week’s minimum around $6430.00.
Bitcoin price recovers after massive dumping as the volumes for the Bakkt Bitcoin Futures reach a new high. The Bakkt futures volume indicates that institutional interest for Bitcoin continues to be on the rise.
XRP has been one of the worst-performing major cryptocurrencies in 2019, as it failed to garner any upwards momentum throughout the first half of the year, unlike Bitcoin and all the other major altcoins.
The crypto market remains under the bearish control, all assets – BTC, ETH, XRP, LTC and BCH – are renewing the nearest minimums.
The crypto billionaire Justin Sun has just stated that he intends to donate $1 mln in crypto to support the environmental activist Greta Thunberg. Sun claims cryptocurrency itself will contribute to decreasing the world’s carbon output.
Canaan’s stock prices has fallen after IPO as the cryptocurrency mining equipment manufacturer is struggling to survive its business.
ETH/USD lost almost 15% of its value in just two days. At the time of writing, Ethereum, the second-largest digital asset, is trading at $123.25.
Kraken has announced that it acquired the Circle Trade OTC platform. While specific details are unknown, Circle’s decision to offload its OTC desk was done to focus on its stablecoin USDC.
ErisX has launched its physically-settled Bitcoin futures contracts pitching a direct competition to Bakkt.
The EU clients who admire honest trading and compliance with the laws will have one more crypto trading option offered by the almighty Fidelity.
From a technical point of view, there is no reasonable evidence that Bitcoin recovery is taking place on a bend.
The new Bakkt open interest record shows strong trading activity on the platform and greater liquidity within the Bitcoin futures market in general.
PlusToken is said to promise investors awards for purchasing their native PLUS tokens against Bitcoin and Ethereum.
As more people are looking for ways to make money by referring friends and colleagues, we attempt to find the most favorable conditions out there for the inviters and their crypto wallets.
According to many Bitcoin proponents, crypto is bulletproof thanks to the blockchain. However, the industry’s famous players quite often have the power to influence prices and opinions.