Bitcoin moves out of 'danger zone' - Is a bull run finally on the way?

Bitcoin shows signs of bullishness, moving out of the post-halving “danger zone.” Strong support at around $60,000 suggests upward momentum could resume. Bitcoin [BTC], the leading cryptThe post Bitcoin moves out of 'danger zone' - Is a bull run finally on the way? appeared first on AMBCrypto.

139 +

Bitcoin (BTC) Tops $64K. Here’s Why Traders Should Still Be Worried

Bitcoin is not out of the woods yet despite massive gains

126 +

Bitcoin Is Wasteful, Top Berkeley Scientist Says

Dr. Robert Rohde has called out Bitcoin for its excessive energy consumption

117 +

Why Central Bank Digital Currencies Can't Compete with Bitcoin

Christian Keroles breaks down his arguments for why CBDCs are likely to lose out in the long run competing against Bitcoin's permissionless nature.

265 +

First Mover Asia: Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading

A recent report from South Korea-based CryptoQuant outlines a number of different price valuation metrics that show bitcoin bottoming out between $10,000 and $14,500.

192 +

Bitcoin whale addresses are accumulating- What could it mean for price

Out of the $123.13 million taken out of the cryptocurrency market in the last 24 hours, Bitcoin [BTC] liquidations within the same period totaled $25.30 million, data from Coinglass revealed.  As The post Bitcoin whale addresses are accumulating- What could it mean for price appeared first on AMBCrypto.

238 +

Bitcoin: Short term price action looks bleak but here's what to look out for

The broader crypto market has seen better days. Bitcoin took a hit and fell by 3.7% in the same duration with liquidations rising to $120 million. What do these conditions entail for Bitcoin after theThe post Bitcoin: Short term price action looks bleak but here's what to look out for appeared first on AMBCrypto.

232 +

Bitcoin (BTC) Creates Bullish Engulfing Candlestick, Breaks Out From Consolidation Pattern

Bitcoin (BTC) increased by more than 5% on May 4 and broke out from a descending wedge that had been in place since April 18. The post Bitcoin (BTC) Creates Bullish Engulfing Candlestick, Breaks Out From Consolidation Pattern appeared first on BeInCrypto.

205 +

As Bitcoin heads below $40k, here's what you need to look out for

For the third time this year, the crypto market has managed to kill investors' hopes by marking another rally followed by a quick drop leaving Bitcoin and other altcoins back at their lows. But thiThe post As Bitcoin heads below $40k, here's what you need to look out for appeared first on AMBCrypto.

208 +

Bitcoin battles for weekly close above $42K as LFG buys 4,130 more BTC

Business as usual for Bitcoin bull buyers continues out of hours on April 10, while price losses cool.

89 +

Arthur Hayes Names Crucial Level for Bitcoin to Hold

Bitcoin might not be out of the woods just yet

175 +

Bitcoin: How a possible market reset could pan out

After hitting an all-time high of $69k on 10 November, Bitcoin has been seeing a lot of consolidation, moving within the $61.5k to $65.7k range. However, price consolidations after an ATH aren’tThe post Bitcoin: How a possible market reset could pan out appeared first on AMBCrypto.

170 +

Is a futures-based Bitcoin ETF a 'cop out'

Bitcoin ETFs are causing a great deal of furore and excitement in the crypto sector. With SEC's approval of a Bitcoin Futures ETF, analysts are scrambling to figure out how the move will affect the raThe post Is a futures-based Bitcoin ETF a 'cop out' appeared first on AMBCrypto.

212 +

Bitcoin to $65k, yes, but should traders look out for something

A quick Bitcoin bull run sent the top coin up by 25.60% in a week, initiating a market-wide euphoria. One week into the last quarter of 2021 and BTC was already trading close to $55K, briefly oscillatThe post Bitcoin to $65k, yes, but should traders look out for something appeared first on AMBCrypto.

249 +

Worried About The Dip? Zoom Out, Bitcoin Is Up Over 7,000% In 5 Years

It is easy to get trapped in watching short-term price fluctuations of BTC, so it helps to zoom out and learn more about Bitcoin.

187 +

Bitcoin Banning China Keeps NFT-ing

120 +

9 Out of 10 El Salvadorians Do Not Have A Clear Understanding of Bitcoin: Poll

As a result, the majority disagree with bitcoin’s adoption as a legal tender in the country. The post 9 Out of 10 El Salvadorians Do Not Have A Clear Understanding of Bitcoin: Poll first appeared on BitcoinExchangeGuide.

187 +

This Bitcoin analyst chalks out 'what matters most' right now

Amid widespread fears that Bitcoin’s bull run was officially over, it managed to break above $34k on Tuesday. The asset rallied by 10% over the past week and was trading at $34,745 at the time of wrThe post This Bitcoin analyst chalks out 'what matters most' right now appeared first on AMBCrypto.

275 +

Canadian Bitcoin ETF issuer seeks ‘green BTC’

Ninepoint will allocate part of its management fees to even out the carbon footprint of Bitcoin in its exchange-traded fund product.

186 +

Bitcoin Breaks Out but Bullish Trend Still Unconfirmed

Despite this, neither technical indicators nor the wave count confirms a bullish Bitcoin trend. Rather, they suggest that another decrease is in store.   Bitcoin Breaks Out Bitcoin was rejected multiple times by the descending resistance line but finally managed to successfully break out on Feb.

210 +

Bitcoin bull case validated again as new trillion-dollar stimulus programs roll out

Bitcoin has stagnated over the past few days after peaking at $19,950 at the start of December. The post Bitcoin bull case validated again as new trillion-dollar stimulus programs roll out appeared first on CryptoSlate.

171 +

Bitcoin’s Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply

While the bitcoin economy has swelled in value, the overall network hashrate has gradually climbed higher as miners are making a lot of money confirming blocks. However, obtaining bitcoin mining rigs isn’t so easy these days, and regional reports from China indicate a great number of ASIC manufacturers are sold out for months.

378 +

No, You Can’t Buy Shares in Bitcoin

With bitcoin going through an extended bull-run, scammers and con artists have been on hand to exploit a general fear of missing out (FOMO). Many early adopters of bitcoin became multi-millionaires by simply holding the digital asset.

200 +

These “Perfect Storm Of Trends” Indicate Bitcoin Is On The Verge Of A Raging Bull Market

For a prolonged period of time, Bitcoin has not gone through a significant price change. Whilst still failing to break out of the $10,000 level, it has been hovering around $9,200 for the past two months.

210 +

The Bitcoin Dominance Rate Finally Breaks Out

The Bitcoin dominance rate (BTCD) has been decreasing since May 14, but recently broke out from a long-term descending resistance line, indicating that an upward trend has begun. This means that altcoin and Bitcoin pairs are likely to decrease.

194 +

Bitcoin Makes Another Attempt at Moving Above $9,300

The Bitcoin price has broken out from a short-term descending resistance line but still has yet to move above its April 30 high. On May 6, the Bitcoin price broke out from a short-term descending resistance line.

219 +

Bitcoin Breaks Out Above Resistance — Is $8,000 Just Around the Corner?

On April 1, the Bitcoin price initiated an upward move that caused it to break out above its descending resistance line and with it the symmetrical triangle it had been trading in since March 20. Bitcoin Price Breakout Last night, the Bitcoin price broke out from the possible symmetrical triangle it has been trading in […] The post Bitcoin Breaks Out Above Resistance — Is $8,000 Just Around the Corner? appeared first on BeInCrypto.

287 +

Bitcoin CME premiums drop as institutional investors close out

It's not just the S&P500 that Wall Street is running out on, it's Bitcoin as well. With the Covid-19 fears tearing down the equity, and bond market, Bitcoin Futures traded on the institution-heavyThe post Bitcoin CME premiums drop as institutional investors close out appeared first on AMBCrypto.

291 +

How Much Bitcoin You’d Get If All 21 Million Were Distributed Worldwide

It is not a secret that Bitcoin is one of the scarcest assets out there. But have you wondered how rare the largest cryptocurrency really is? There Is So Much Room for Bitcoin Adoption Imagine if a new global regime would rise out of nowhere to rule the world through a UN-like body and decided that everyone should be equal.

212 +

A New Bitcoin Bull Market Is Nearing, Says Legendary Trader

Peter Brandt laid out two scenarios for bitcoin last month. Recent price action suggests that the immediate bull scenario is playing out. The post A New Bitcoin Bull Market Is Nearing, Says Legendary Trader appeared first on CCN.com

161 +

Bitcoin Can Drop to Anywhere from $7,000 to $0 Say Experts

Bitcoin’s fall from grace over the last few days has emboldened bears to come out of hiding. Calls for a plunge to $7,000 and below are overwhelming social media channels. It appears that in one bearish push, all the hard work that the bulls put in this year has gone out of the window.

218 +

Bakkt out too soon: Bitcoin crashes, CME volume spikes as ICE’s brainchild stalls

Bitcoin is breaking down, not breaking out. The stage was set. Bitcoin was looking to break out of a four-month price pennant, economic uncertainty was mounting, more dollars were being pumped into the economy, and most importantly, Bakkt was set to go live.

251 +

Bitcoin Faucets Are Still Open, But Is Anything Coming Out?

Who says there’s no such thing as a free lunch? Time was when anyone could earn 5 BTC at the first-ever Bitcoin faucet. It was run by Gavin Andresen, soon-to-be-founder of the Bitcoin Foundation.

209 +

Genie is out of the bottle, says community as world reacts to President Trump’s Bitcoin tweets

Bitcoin was born during the perfect storm of economic recession, declining trust in banks and financial institutions, and political unrest. There was definitely skepticism when Bitcoin took off owing to its links to the darknet.

200 +

What can kill Bitcoin? Enthusiasts speculate ways that Bitcoin could meet its (very unlikely) demise

Bitcoin started out in the underbelly of economic recession and bailing out failing banks. Its journey began with the sole intention to overcome the centralized control and to build a better financial system.

166 +

Bitcoin Haters Are Running Out of Reasons to Hate, Scoffs Crypto Exec

The bitcoin price rally is showing no signs of slowing down. The flagship cryptocurrency shot up to new 2019 highs less than a day after it cracked the $11,000 mark, and there are enough voices out there suggesting that bitcoin has the potential to move higher, even beyond its all-time high of $20,000.

235 +

Bitcoin ATM Spits Out Cash

A bitcoin ATM in a shopping centre at Bond Street, London, has spewed out tons of cash with it unclear whether this was some sort of malfunction or a hack....

237 +

Bitcoin (BTC) Can Still be Censored But There Is A Way Out

Bitcoin’s real innovation lies in its decentralized structure. The digital currency has no central management, central point of failure, or centralized store of information. Yet this disruptive technology’s operations are very dependent on centralized features.

306 +

@Bitcoin hits out at misrepresentation allegations; questions Hodlonaut supporters, Jack Dorsey

The @Bitcoin Twitter handle was in the limelight after many in the cryptospace, including Peter McCormack, Whale Panda, and Jimmy Song, called out the account holder on social media for misrepresenting BTC.

180 +

Bitcoin (BTC) Bear Market Isn’t Over? Industry Analysts Duke It Out

Bitcoin Could See Another Drop With Bitcoin (BTC) recently surmounting $5,000 in a move that came straight out of left field, some are sure that bears are done. Jonathan, a forex and cryptocurrency trader, however,.

190 +

Is Brexit Chaos Lifting Bitcoin Out of the Bear Market?

Bitcoin price breaking $5,000 has everyone and their mum scrambling around to work out what might have caused it. Let’s take a look at some of the key contenders (Brexit included), before settling this once and for all.

158 +

Crypto Traders’ Long-Term Bitcoin Short Contracts See Uptick in Closures Signaling the Bottom is In?

It seems that those who shorted Bitcoin when it was reaching its all-time high at $20,000 are cashing out now. Bitcoin has been traded between $3,250 and $4,100 during the last few months. This comes just a few weeks after Mark Dow, a former International Monetary Fund (IMF) economist, cash out his short contract on […]

316 +

Traders Who Shorted Bitcoin From All-Time High $20,000 are Cashing Out: Is The Bottom is Near?

In the past two months, several traders who shorted Bitcoin from its all-time high at $20,000 have started to cash out in the $3,000 to $4,000 range. On February 12, a cryptocurrency trader with an online alias “Cryptofungus” revealed that he had closed a year-long Bitcoin short contract.

197 +

Bitcoin Could Be Bottoming Out As Speculators Pull Out

Over the last few weeks, the crypto market has been awash with speculations and lots of debate about whether Bitcoin could really be a bubble about to burst, all thanks to the free fall of the Bitcoin market price that almost tanked the whole cryptocurrency realm.

248 +

Analyst Predicts Bitcoin will Bottom Out after Plunging 85% Since ATH

Bitcoin will bottom out after totaling a plunge of 85% since its all-time high, says Anthony Pompliano. The Morgan Creek Digital Partner told CNBC during a grilling interview that it is normal for Bitcoin to undergo bear cycles every once a while.

248 +

Bitcoin Isn’t Volatile – the World Is

It’s been a horrible year for cryptocurrency. Assets down an average of 90 percent, constant despair and each new day bringing fresh horror. Who’d want to be a bitcoin trader? But when you zoom out beyond the cryptosphere to gain some perspective, it turns out that crypto’s not doing so badly after all.

247 +

Thieves use Bitcoin ATMs to scam Australian immigrants out of $50,000

Being in a new country can be confusing and scary at times. Australian crooks are taking advantage of this and are using Bitcoin ATMs to scam newly-arrived migrants out of their life savings. It seems the crooks managed to scam more than $35,000 USD ($50,000 AUD) out of four Australian immigrants by telling them they needed to pay a tax debt.

174 +

Crypto Debates…On A Boat: Roger Ver and Jimmy Song to Hash Out Their ‘Bitcoin’ Differences

Two well-known leaders in the blockchain world are coming together to hash out their differences. Roger Ver, Bitcoin Cash evangelist, and the well-known Bitcoin writer Jimmy Song of ‘OffChain’ have held a series of public debates about Bitcoin Cash earlier this year.

570 +

Kodak-Branded Bitcoin Mining Rig Labelled a Scam

KashMiner, a Bitcoin mining computer which was on display on Kodak’s official stand at the CES technology show in Las Vegas in January, turned out to be a misleading product with unachievable advertised profits.

267 +