Tag Archives: May

If Bitcoin-Avocado Price Correlation Continues, BTC May Be Toast

Bitcoin’s status as an uncorrelated asset is about to be revoked, as a scarily close relationship to the price of avocados implies that the digital currency may be about to fall off a cliff. Bitcoin’s performance of late has left a little to be desired, and strangely so has the price of avocados. This relationship was pointed out in a profoundly insightful tweet by Bloomberg’s financial Journalist, Tracy Alloway. A graph depicting the price of Hass avocados and bitcoin shows an eerily similar pattern. Continue reading If Bitcoin-Avocado Price Correlation Continues, BTC May Be Toast

Vinny Lingham Says Bitcoin May Blow Through $10K, Test $12K Soon

The bitcoin price is trading higher headed into the weekend and is currently hovering at $8,572, up 2.7%. After the recent spike beyond $9,000 and dramatic fall back to Earth, the market clearly is doing its best to go higher. Continue reading Vinny Lingham Says Bitcoin May Blow Through $10K, Test $12K Soon

Ethereum Classic Price Faces Resistance, May Retest $7 And Move To $7.80 Near-term If Price Action Becomes Positive

Ethereum Classic prediction today is bullish even if Ethereum Classic (ETC) has been trading sideways for some days now. There have been range price movements short-term. There is still some bearish pressure at the moment but the Ethereum Classic (ETC) token is expected to overcome it soon. If the price of Ethereum Classic successfully breaks the 50-day simple moving average, a bullish wave would take the price of ETC as high as $7 and even higher according to the Ethereum Classic price analysis on bitcoinexchangeguide.com. Continue reading Ethereum Classic Price Faces Resistance, May Retest $7 And Move To $7.80 Near-term If Price Action Becomes Positive

XRP Army May Not Be What You Expect and This Analyst Explains Why

The Famous XRP Army has been during the last months, the manifestation of Ripple’s acceptance beyond the boundaries of being a product oriented to satisfy the requirements of the traditional players in the world of financial services. Continue reading XRP Army May Not Be What You Expect and This Analyst Explains Why

Ethereum Classic (ETC) May Decline Further But Future Prospects Are Bright

Ethereum Classic (ETC) is handing by a thread as price trades lightly above the 50 day moving average. This is the only thing between ETC/USD holding its ground and crashing hard to a new low in 2019. So long as Bitcoin (BTC) continues to stall a move to the downside, Ethereum Classic (ETC) is expected to do the same. Continue reading Ethereum Classic (ETC) May Decline Further But Future Prospects Are Bright