Technical

MrBitcoin May 8, 2020

After weeks of bullish price action, Bitcoin finally topped $10,000 today, rallying as high as $10,100 on the back of an influx of buying pressure. Many say that this recent move sets the stage for even greater growth, but a trader recently argued that BTC printed a “perfected” sell setup. The setup was the exact […]

MrBitcoin April 27, 2020

Tezos failed to retest its all-time high after finding sellers near its local top. The XTZ-to-dollar exchange rate corrected downwards by more than 9 percent after logging four consecutive bullish sessions. It is now eyeing a deeper pullback but could resume its uptrend owing to macro cryptocurrency market narrative. Tezos (XTZ) was going to establish […]

MrBitcoin February 14, 2020

Bitcoin was struggling to resume its explosive upside action on Friday as it felt the pressure from a so-called China FUD level. The offbeat cryptocurrency earlier this week plunged by more than 4.5 percent right after it established a new year-to-date high above $10,500. The move served as a reminiscent of a similar climb-and-rebound from […]

MrBitcoin February 11, 2020

The Lightning Network is best known for its fast and cheap payments. But the Layer 2 protocol could also offer more privacy than on-chain payments, since transactions are not published on Bitcoin’s blockchain, blockchain analysis is largely impossible. The Lightning Network does present its own privacy risks, however. Payments are routed over a network of […]

MrBitcoin January 26, 2020

Although Satoshi Nakamoto’s white paper suggests that privacy was a design goal of the Bitcoin protocol, blockchain analysis can often break users’ privacy. This is a problem. Bitcoin users might not necessarily want the world to know where they spend their money, what they earn or how much they own, while businesses may not want […]

MrBitcoin January 5, 2020

ETH price is gaining bullish momentum above the $132 resistance against the US Dollar. The price is trading above $135 and it recently traded to a new 2020 high. There was a break above a key declining channel or bullish flag with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken). […]

MrBitcoin December 13, 2019

The total crypto market cap is currently consolidating losses above the $188.0B support area. Bitcoin price is also trading in a range above the $7,000 support area. EOS price is holding the $2.500 support area and it is rising towards the $2.650 resistance. BCH price is also somehow holding the main $205 and $200 support […]