Bitcoin Today - lateral movement
BTCUSD fall has stopped on the 6650.0 level, not reaching the latest low at the 6425.0. Resistance levels from the upside: 7000.0 and Bearish Trend Line. The rebound scenario should be considered only if the price will return above the 7250.0 level and Bullish Trend Line. From the downside 6650.0 and 6425.0 levels will act as a support, breakthrough of this levels will send the price to the 6000.0 low.
Today forecast: Trading in 6450.0 – 7000.0 zone.
Latest news:
The Verge cryptocurrency in under attack. One of the biggest altcoins of the latest times has come under the attack. The coin has been successfully taken down by a "51% attack." This is when a single party manages to claim more than half of the computing power on a network and take control of it. In this case, the network takeover was helped along by some bugs in the Verge system which allowed the attackers to essentially just take over the blockchain. The attack was established 24 hours ago. The overall market reaction will depend on how Verge will solve the situation the. Strong distribution of news about successful hacker attacks on the altcoins can badly affect the general situation of Ethereum and Bitcoin.
Today forecast: Trading in 6450.0 – 7000.0 zone.
Latest news:
The Verge cryptocurrency in under attack. One of the biggest altcoins of the latest times has come under the attack. The coin has been successfully taken down by a "51% attack." This is when a single party manages to claim more than half of the computing power on a network and take control of it. In this case, the network takeover was helped along by some bugs in the Verge system which allowed the attackers to essentially just take over the blockchain. The attack was established 24 hours ago. The overall market reaction will depend on how Verge will solve the situation the. Strong distribution of news about successful hacker attacks on the altcoins can badly affect the general situation of Ethereum and Bitcoin.
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