Bitcoin bulls give a blind eye to the woes of Bithumb exchange. “All deposit and withdrawal service will be stopped to make sure the security,” announced Bithumb. Bitcoin price breaks above $6,700, $6,800 is within reach in the short-term. Bitcoin price is teasing traders with brief bullish signals, besides it has maintained the support at $6,600; covered in an earlier analysis today. The bullish trend is eyeing the critical resistance level at $6,800, however, in the meantime, the buyers must battle to shake off the sellers. The crypto market has survived an attack on South Korea’s largest crypto exchange Bithumb. The bad news is that the hack was successful and the hackers made away with about $31 million in undisclosed coins, however, the exact amount stolen has not been communicated. The time of the attack is said to have been between Tuesday night and Wednesday morning. Bithumb exchange announcement read: “All deposit and withdrawal service will be stopped to make sure the security. We will keep notice you of the restart of the service. We apologize for your inconvenience and thanks for your understanding.” The exchange has put a stop to deposits and withdrawals and customers have asked to comply. For security, Bithumb has moved its assets to cold storage. More announcements from the exchange read: “[Notice for the temporary suspension of the deposits].Due to the increasing safety issues, we are changing our wallet system. Please do not deposit until we notify. *All deposits are not deposited into your wallet until all changes are completed.” Bitcoin price analysis Bitcoin price has broken above the resistance at $6,700 and is currently testing resistance at $6,750. All the technical indicators point towards bullish movements in the short-term. If BTC/USD breaks above $6,800 it will allow buyers to gain momentum to escape the entrapment of the ranging channel as observed on the chart. The support at $6,600 will continue to hold, although a major support is highlighted at $6,400. Read more on Bitcoin price analysis. BTC/USD 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next RBA’s Lowe: Global factors are at work in inflation situation FX Street 5 years Bitcoin bulls give a blind eye to the woes of Bithumb exchange. "All deposit and withdrawal service will be stopped to make sure the security," announced Bithumb. Bitcoin price breaks above $6,700, $6,800 is within reach in the short-term. Bitcoin price is teasing traders with brief bullish signals, besides it has maintained the support at $6,600; covered in an earlier analysis today. The bullish trend is eyeing the critical resistance level at $6,800, however, in the meantime, the buyers must battle to shake off the sellers. The crypto market has survived an attack on South Korea's largest crypto exchange Bithumb.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
