{"id":345565,"date":"2020-03-26T00:11:49","date_gmt":"2020-03-26T04:11:49","guid":{"rendered":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/ethereum-eth-price-shows-bear-flag-expected-to-head-for-100-u-today-2.php"},"modified":"2020-03-26T00:11:49","modified_gmt":"2020-03-26T04:11:49","slug":"ethereum-eth-price-shows-bear-flag-expected-to-head-for-100-u-today-2","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/ethereum\/ethereum-eth-price-shows-bear-flag-expected-to-head-for-100-u-today-2.php","title":{"rendered":"Ethereum (ETH) Price Shows Bear Flag, Expected to Head For $100 &#8211; U.Today"},"content":{"rendered":"<p><p><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M20 11H4V8H20V11ZM20 15H13V13H20V15ZM20 19H13V17H20V19ZM11 19H4V13H11V19ZM20.33 4.67L18.67 3L17 4.67L15.33 3L13.67 4.67L12 3L10.33 4.67L8.67 3L7 4.67L5.33 3L3.67 4.67L2 3V19C2 19.5304 2.21071 20.0391 2.58579 20.4142C2.96086 20.7893 3.46957 21 4 21H20C20.5304 21 21.0391 20.7893 21.4142 20.4142C21.7893 20.0391 22 19.5304 22 19V3L20.33 4.67Z\" fill=\"#263238\"\/><\/svg> News<\/p>\n<p>                                                                     Wed, 03\/25\/2020 - 19:30                                                                                                 <\/p>\n<p>Bitcoin difficulty is on track to drop by more than 16 percent, which would be the second-largest negative adjustment in its entire existence. The good news for the bulls is that it will most likely mark a local BTC price bottom.<\/p>\n<p>Must Read<\/p>\n<p>The coronavirus pandemic that rattled global markets didnt spare Bitcoin (BTC). After the March 12 price crash, many small miners got backed into a corner.<\/p>\n<p>Bitcoins hashrate, which displays the cumulative power of the network, crashed nearly 40 percent in lockstep with the price. It is currently below 100 Ehash\/s, with the halving approaching in less than two months.<\/p>\n<p>That said, the mammoth-size difficulty adjustment, which is going to happen at around 11 PM EST, is going to provide much-needed relief for miners.<\/p>\n<p>Must Read<\/p>\n<p>The largest difficulty drop to date (18 percent) took place on Oct. 30, 2011. Back then, BTC was changing hands at just $3.12 after shedding about70 percent of its value in just three months. Since then, BTC skyrocketed by more than 630,000 percentby the end of 2017.<\/p>\n<p>While such humungous gains are most certainly out of reach for an already established asset class, the 15 percent difficulty drop that took place on Dec. 3, 2018, could indicate where BTC is headed next if history is any guide. The leading coin rallied by more than 300 percent in the first half of 2019 before retracing its stellar gains.<\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Go here to read the rest: <\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener noreferrer\" href=\"https:\/\/u.today\/ethereum-eth-price-shows-bear-flag-expected-to-head-for-100\" title=\"Ethereum (ETH) Price Shows Bear Flag, Expected to Head For $100 - U.Today\">Ethereum (ETH) Price Shows Bear Flag, Expected to Head For $100 - U.Today<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> News Wed, 03\/25\/2020 - 19:30 Bitcoin difficulty is on track to drop by more than 16 percent, which would be the second-largest negative adjustment in its entire existence. The good news for the bulls is that it will most likely mark a local BTC price bottom. Must Read The coronavirus pandemic that rattled global markets didnt spare Bitcoin (BTC).  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/ethereum\/ethereum-eth-price-shows-bear-flag-expected-to-head-for-100-u-today-2.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[584518],"tags":[],"class_list":["post-345565","post","type-post","status-publish","format-standard","hentry","category-ethereum"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/345565"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=345565"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/345565\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=345565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=345565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=345565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}