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Macro Strength: Bitcoin’s Price Moves Higher Despite Plethora of Bad News

Bitcoin faced some intense selling pressure yesterday evening after news broke regarding the founder of OKEx being arrested by the Chinese authorities This is simply another set of news that has rocked the crypto market, but its impacts on Bitcoin’s price action has been surprisingly muted It does not appear that investors aren’t too concerned that the prospect of OKEx users losing their BTC will strike a blow to the crypto’s technical outlook Some analysts […] дальше »

2020-10-17 21:00


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Gold Is Poised to Retake a Crucial Support—and That’s Bullish for Bitcoin

Bitcoin has seen muted price action over the past few days after plunging from the $10,900 weekly highs as a result of negative new regarding BitMEX. Gold may soon be primed to retake a crucial support level on a medium-term scale, which may help to boost BTC after the aforementioned correction. Related Reading: Ethereum Transaction […] дальше »

2020-10-4 06:00


It Happened With Bitcoin And Now It’s Happening With Stocks

Yesterday, the stock market made a muted start, but the tech stocks rallied. All the FAANGM stocks were in the green, led by Amazon and Tesla. There are two factors behind the rally: the unprecedented stimulus efforts by governments and central bankers and “an overzealous crowd of new traders who are intentionally refuting traditional valuation […] дальше »

2020-7-22 22:24


Bitcoin Could See Profit-Taking Pullback to Mid-$6K, CNBC ‘Experts’ Say

Panelists at CNBC say that Bitcoin price could be due for a pullback despite climbing more than 120 percent since the start of the year. Third Time’s the Charm for Bitcoin? After months of muted conversation around Bitcoin, CNBC analysts are now back in the saddle again, with cautiously bearish sentiments about BTC as the cryptocurrency continues to enjoy a positive trajectory in 2019. дальше »

2019-5-16 14:00


Analyst: Bitcoin Likely to Drop into Lower-$4,000 Region Before Finding Significant Support

Although many investors and analysts alike viewed Bitcoin’s muted reaction to the recent Tether/Bitfinex controversy as a sign of improving fundamental strength, it may be too early to celebrate just yet, as one analyst believes that BTC may dip back into the lower-$4,000 region before finding any significant levels of support that allow it to. дальше »

2019-4-30 03:00


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Bitcoin Struggles to Regain $4,000 Level Starting the New Year: BTCManager’s Week in Review Jan 7

The price of bitcoin traded sideways in the first few days of 2019. The price fluctuated between $3,707 and $3,947 and closed the week effectively unchanged versus last week’s close. As expected, news flow over New Year’s was muted as the first week of January is still a holiday week for most businesses as investors seem to have taken a. дальше »

2019-1-8 20:00