The Currency Analytics
By Steven Anderson
Bitcoin has been following a symmetrical triangle pattern with two converging trend lines connecting a series of sequential peaks and troughs.
The first signs of this pattern were during May 2019, and the price of the Bitcoin rallied from a low at $5,000 to a high of $14,000 during June.
The lower side of the triangle provided for support at recent higher lows at $9,350 and $9,850 during the end of August and during September 11, 2019, respectively.
The exciting trend is not the pattern itself, but the length of the pattern's shape and the range in its price movement ongoing for nearly five months now and the astonishing…
It is not possible to predict what might happen next when a breakout does occur; the price drop or rise, which falls outside the trend lines are likely sizable.
All investors are eagerly awaiting the expiry of the current pattern. And, there are estimates about which way this pattern might break out.
Cryptocurrency fraudsters are executing scams and outright thefts from cryptocurrency exchanges putting investors into peril.
Forbes reported QR codes for scammer wallet. When “Bitcoin QR generator” was used as a search keyword in Google, at least five results are coming up and four of these leading to…
When one of these users generate QR code for their Bitcoin address, this will create a QR code, which will lead to the scammer’s wallet.
ZenGo's Tal Be'ery, stated, "These sites generate a QR code that encodes an address controlled by the scammers, instead of the one requested by the user, thus directing all…
Scammers are not even bothered about generating their fake QR. Instead, they rely on other third-party generators to create a QR for their address.