Connect with us
  • Home
  • Start here
  • Bitcoin Charts & More
  • Submit PR
  • Advertisement
  • Contact


Step By Step: Bitcoin’s Stable – But Bullish – Trend In September



The Bitcoin price has increased from $6,100 to $6,550 during the month of September this year – proving a new bullish run and making headlines on many crypto news sites. Currently, Bitcoin is testing the $6,800 resistance level.

Even though the leading cryptocurrency experienced four major dips in its price during the month of September, it consecutively rose and stabilized in a higher region than many expected.

On September 9th, the price of Bitcoin was around $6,100 after its first fall of the month. Five days later, it surged and then dropped to $6,250, to later go near $6,400 on September 26th and climb to $6,600 as the month ended.

Given that the Bitcoin price rose after every fall, it is safe to say that it also strengthened its support level at $6,000 and the momentum at $6,550 according to analysts. This intensity will likely continue if the asset engages in a gradual recovery throughout the month of October.

A rapid increase could lead the price of Bitcoin close to $7,000 soon – or even testing the $8,000 margins by the end of the year. Masayuki Tashiro who is a well-known market analyst, stated his opinion regarding BTC in August this year, commenting:

“Personally I am bullish, and by the time the outline of the regulations will come together in October, those investors who will feel safer will come back. I hope things won’t get as overheated as last year, but I believe BTC can win back the value of 1 million yen (9,020$) in range.”

This proves that September was a short-term bull run for BTC – but also a potential short-term bubble if the leading cryptocurrency does not sustain its strength over the coming weeks.

Share This With Your Friends

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at

Continue Reading

Altcoin News

Major Altcoin Rise: Cardano, Stellar And Zcash With Gains Prior To Coinbase Listing

In this Monday's cryptocurrency news, we can see a big movement on the upside for several altcoins - all linked to their new listings on the Coinbase platform. Following the listing of Basic Attention Token (BAT) and 0x (ZRX), the prices of Cardano (ADA), Zcash (ZEC) and Stellar (XLM) have all began to surge. Since November 2nd, BAT was officially integrated into Coinbase Pro and, XLM which is the native cryptocurrency of the Stellar blockchain network has surged from $0.22 to $0.28 recording gains of more than 27%. Cardano and Zcash have also followed the rise alongside Stellar, BAT and 0x, all of which Coinbase expressed in interest in May this year. Even though the privacy-focused altcoin Zcash dropped 3% throughout the past 24 hours, it has risen from $114 to $125 since November 2nd, surpassing $140 at one point and demonstrating a 21.7% increase. The price of BAT, however, dropped to the point before listing itself, demonstrating that the hype around listing is not always present. Still, BAT has surged big time before the drop and the Coinbase listing has been a confirmation that the token is not considered a security by the US Securities and Exchange Commission (SEC) - opening doors to many US and fiat-to-crypto exchanges in the world willing to accept and integrate it. The probability of Stellar, Cardano and Zcash to be integrated to Coinbase is right now very high. If such thing happens, there will be many positive developments including Stellar's blockchain wallet integration, the growing adoption of ZK-SNARKs technology of Zcash as well as rising adoption of Cardano's smart contract protocol.
Continue Reading

Altcoin News

The Story Of BAT: How And Why It Lost 28% Overnight Despite Coinbase Listing

The Basic Attention Token (BAT) was in our crypto news section this week for losing 28% of its value following a high profile Coinbase listing for the asset. However, many were left wondering why the altcoin declined about 20% against the dollar and recorded a 28% decline in value in a two-day span. It all started on November 3rd when Coinbase officially announced the BAT token as live on Coinbase Pro - to be traded against USDC which is a stablecoin issued by Coinbase and Circle. Six days later (November 9th), Coinbase disclosed that the integration of BAT into Coinbase and other products is complete, stating:
“Starting today, Coinbase supports the Basic Attention Token (BAT) at and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, send, receive, or store BAT, along with Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, ZRX and USDC.”
The decline in the price of BAT was abnormal because of the integration. Similar to the case of ZRX and its dump following the listing of Coinbase, analysts think that these integrations demonstrate the typical 'buy the rumor and sell the news' moves by investors in the cryptocurrency market. To sum things up, the price of BAT is very likely to have undergone major pressure as more investors seek to profit from it on short-term events.
Continue Reading

Altcoin News

The ‘NEO Super’ Fork: A Scam Or A Promising Blockchain?

In this week's crypto news, there are a lot of rumors and reports that center around the altcoin NEO and a potential fork of it that calls itself "NEO Super." The venture launched apropos of nothing at all and has one real project behind it - a wallet service that some community members fear that could be an effort to scam NEO users out of their private keys. However, one reporter has found that the NEO Super project is an effort to "snapshot" the NEO blockchain and use it on the Ethereum network, complete with "mining opportunities" and more. As the reporter notes, NEO Super wants to take "the most successful" elements of NEO and use them in the form of a standard ERC-20 token contract. With only 39 Twitter followers, the Twitter account of NEO Super was banned and the project's GitHub repository has made no notable changes or commits to the NEO codebase. Because of this, one reporter was quick to jump to conclusion and say:
“Because with a closer look at their LinkedIn pages you can easily tell that they are each fake.”
If you see it, the CEO and lead developer of this project John D. Martin has only three connections on LinkedIn despite his alleged seven-year development career. And even though there is no whitepaper for the project, there is a nice looking website and a clone of other NEO wallet services. On top of this, the NEOX whitepaper clearly says:
“A lot of misunderstanding and incorrect representations surround the question of NEO forks. To put it simply, NEO cannot be forked in the same way as Bitcoin or Ethereum — that is, there is no way to split the chain and create a new coin based on NEO.”
To sum things up, this project is very confusing to declare it a scam outright - and very unknown and confusing to necessarily recommend. We'll keep a close eye on it in the future and notify you if there were any drastic changes.
Continue Reading

Altcoin News

Crypto Wipe-out: The Global Crypto Market Lost $6 Billion In The Past 48 Hours

In our latest crypto news, we can see that since November 7, over the past 48 hours the entire crypto market lost $6 billion of its value, dropping to $214 billion. Bitcoin, on the other hand, managed to remain stable. Four days ago, all major cryptocurrencies including Ethereum, Ripple, Bitcoin and Stellar recorded gains starting from 4 to 31 percent while Bitcoin Cash was the only one to surge by more than 40 percent in just two days. However, most of the major cryptocurrencies retraced which is actually an expected movement among all of the traders in the community. When the value of Bitcoin Cash dropped and also many other small tokens demonstrated a decline as well, the crypto market recorded a drop of 2.5 percent of its value but looking at the monthly performance the valuation is actually up by $16 billion which means that it grew from $198 billion to $214 billion. To continue, the crypto market added an additional $22 billion which is an 11 percent increase. The volume of all cryptocurrencies remained relatively high for example; Bitcoin’s trading volume remained above the $4.5 billion price mark. Many traders believe that the BTC futures market will act as a huge catalyst for the next BTC rally which actually will lead to institutional investors making a large impact of Bitcoin’s price in a good way. It’s important to know that tokens could go through a correction movement in the following months if the US Securities and Exchange Commission decides that the tokens will go under the existing regulations. The SEC explained:
 “While many tokens have recorded gains in the range of 5 to 20 percent over the last week, regulatory uncertainty around tokens and their regulatory nature could lead to a decline in the value of tokens in the weeks to come.’’
Continue Reading


For Updates & Exclusive Offers
enter your email below


Join us on Facebook

Recent Posts


november, 2018

Filter Events

01nov9:00 am02(nov 2)8:00 pmMalta Blockchain SummitA Buzzing Show on the Blockchain Island!9:00 am - 8:00 pm (2) InterContinental Malta, St. George’ s Bay St. Julian’s STJ 3310 Malta

05novallday08alldayCrypto Explorers' Crypto Valley TripSpend 3 Days Exploring the Decentralized Future.(All Day) Zug & Zurich, Switzerland, Kolinplatz 1, 6300 Zug, Switzerland

07nov(nov 7)10:00 am08(nov 8)8:00 pmBlockchain Life 2018The largest international forum on blockchain, cryptocurrency, ICO and mining in Russia and Eastern Europe.10:00 am - 8:00 pm (8) EXPOFORUM, EXPOFORUM, Saint Petersburg, Russia

09novallday13alldayBlockspot Conference Europe 2018The must-attend Blockchain event in Portugal(All Day) Lisbon, Portugal

fri09nov8:15 am5:30 pmHealthcare Unblocked 20188:15 am - 5:30 pm Etc Venues Prospero House, Etc Venues, Prospero House, 241 Borough High St, London SE1

fri09nov9:00 am7:00 pmNEXT BLOCK Conference: Evolution of Property9:00 am - 7:00 pm Marriott Lisbon Hotel - Portugal’s trendiest conference center., Avenida dos Combatentes 45, Lisbon 1600-042 Portugal

11novallday12alldayDecentralized Talks(All Day) DUBLIN, IRELAND