Article Bitcoin Is Using Less Energy Despite Record Hash Rate,

Bitcoin (BTC)  energy consumption is becoming rapidly more efficient,  new data shows as hash rate continues to hit record highs. Record hash rate with less power Data from aggregator Statista accessed on Sept. 5  showed that despite more computing power being dedicated to Bitcoin Ming,  less electricity is required to fuel it.  According to one […]

Article Bitcoin technical analysis Real trading at

Bitcoin’s recent 34.6 percent retracement dropped its price below the 7-week moving average for the first time since mid-February, giving signs that a deeper decline is underway. the coin managed to regain support at the 7-week moving average and last’s week candlestick was the highest weekly close of 2019—a sign that the correction has ended. […]

Article Bitcoin fails to stay above $12,000 signaling a drop below $11,000

Despite the bullish price action last two weeks,  Bitcoin was once again rejected at $12,000 resistance. A move above this level could take BTC to new yearly highs, but it seems the cryptocurrency may need to correct further to allow capital to flow into the mark  Technical analysis will evaluate whether Bitcoin will first make new highs […]