This is something we have seen many times over, says founder of cryptocurrency exchange
Major cryptocurrencies traded lower Monday, unable to capitalize on last week’s rebound of multimonth lows.
Bitcoin, BTCUSD, -7.70% the world’s largest cryptocurrency, has fallen as much as 8% and is nearing last weeks multimonth low around $3,500. On the Kraken cryptocurrency exchange a single bitcoin BTCUSD, -7.70% was fetching $3,843.10, down 7.6%, since Sunday’s level at 5 p.m. Eastern Time.
Earlier in the session the cryptocurrency traded to a session at $3,802.50.
Wenn man sich ansieht wie die Positionierung im Bitcoin-Future aussieht (im klassischen COT, also im ersten COT-Diagramm im Barchart-Link) fällt auf das nur die Small Speculators (zu deutsch: Kleinspekulanten) Long sind und sowohl die Großspekulanten als auch Commercials short sind. Da verwundert mich der Absturz des Bitcoin in den letzten Wochen nicht mehr.
Bitcoin trades higher, but struggles to regain $4,000
Cryptocurrency prices traded mostly higher Tuesday, looking to claw back some of the ground lost on Monday.
After falling as much as 8% on Monday, bitcoin, BTCUSD, -0.08% the best-known cryptocurrency, was last changing hands at $3,930.23, up 1% since Monday’s level at 5 p.m. Eastern Time on the Kraken cryptocurrency exchange.
Bitcoin falls 5% to one-week low, with breach below $3,500 at risk
Bitcoin prices on Wednesday traded to their lowest level in a week and were on the brink of falling below a psychologically significant level below $3,500.
The price of a single bitcoin, BTCUSD, -4.92% the world’s largest cryptocurrency, was last trading at $3,700.30, down 5.2% since Tuesday at 5 p.m. Eastern Time on the Kraken crypto exchange and to its lowest level since Nov. 27.
| 07.12.2018, 13:31 (Dieser Beitrag wurde zuletzt bearbeitet: 07.12.2018, 13:31 von Boy Plunger.)
Kryptowährungen wie Bitcoin weiter im Sinkflug
Der Kursverfall von Kryptowährungen setzt sich fort. Die wohl bekannteste Digitalwährung Bitcoin fiel auf der Handelsplattform Bitstamp bis auf 3300 US-Dollar. Das war der niedrigste Wert seit September 2017. Von seinem Rekordstand bei rund 20.000 Dollar Ende 2017 ist der Bitcoin damit meilenweit entfernt.
Alle rund 2000 Digitalwährungen zusammen haben derzeit einen Marktwert von rund 108 Milliarden Dollar, wie die Internetseite Coinmarketcap errechnet. Zum Höhepunkt des Krypto-Booms waren es deutlich mehr als 800 Milliarden Dollar.Fachleute nennen zahlreiche Gründe für den Absturz, vor allem abnehmendes Interesse von Spekulanten.
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Bitcoin falls 10% as bad news descends like ‘cockroaches coming out of a hole’
Ether tumbles below $100 as altcoins log double-digit losses
Cryptocurrency prices fell sharply on Friday, as another bout of selling took digital currencies to fresh lows.
Bitcoin, BTCUSD, the world’s No. 1 digital currency, crashed through support at $3,500, falling more than 10% to a 15-month low at $3,230 on the Kraken exchange. A minor bounce has a single bitc,oin currently fetching $3265.00, down 9.3% since 5 p.m. Thursday.
“The price of bitcoin has crippled on the back of this and I think it is likely that the price may not only drop below the $2K mark, but with this kind of momentum behind it, the price can test the 1500 level,” said Naeem Aslam, chief market analysts at Think Markets U.K. in a research note. “Simply put, the bad news keeps coming just like cockroaches coming out of a hole.”
(08.12.2018, 00:01)Ca$hmandt schrieb: Bitcoin falls 10% as bad news descends like ‘cockroaches coming out of a hole’
Ether tumbles below $100 as altcoins log double-digit losses
Cryptocurrency prices fell sharply on Friday, as another bout of selling took digital currencies to fresh lows.
Bitcoin, BTCUSD, the world’s No. 1 digital currency, crashed through support at $3,500, falling more than 10% to a 15-month low at $3,230 on the Kraken exchange. A minor bounce has a single bitc,oin currently fetching $3265.00, down 9.3% since 5 p.m. Thursday.
“The price of bitcoin has crippled on the back of this and I think it is likely that the price may not only drop below the $2K mark, but with this kind of momentum behind it, the price can test the 1500 level,” said Naeem Aslam, chief market analysts at Think Markets U.K. in a research note. “Simply put, the bad news keeps coming just like cockroaches coming out of a hole.”
...
Bitcoin has now fallen 84% from its all-time high above $19,000.
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