19 Apr Cryptocurrency News Roundup for April 13, 2020
Bitcoin
BUY NOW’s dip below $7,000 on April 13 could very well be the first phase of a longer-term downward move. BTC was consistently on the rise since March 13, but are we currently looking at the bearish turnaround to that rally?
We probably are, according to well-known trader @CryptoDonAlt who outlined three long-term support levels, each assigned to one specific class of traders.
BeInCrypto has more on that. Meanwhile, in other important news from April 13:
Bitcoin Investors ‘Warned’ of an Upcoming Pricey Lesson
Euro Pacific Capital CEO Peter Schiff seems adamant about his notion that Bitcoin and gold have no similarities whatsoever.
An unapologetic gold bug and Bitcoin basher, Schiff has warned Bitcoin loyalists saying that they should be bracing for pain instead of celebrating any upcoming milestone. He made that comment in reference to the forthcoming Bitcoin halving
Bitcoin halving is when the amount of new bitcoin created and earned by miners is cut…