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This Indicator Shows Bitcoin Could Reel to $12,500 Before Rallying Higher
Bitcoin has simply been ranging throughout the past few days, with bulls building a strong base of support within the lower-$13,000 region as bears struggle to gain any momentum This support could help catapult it higher in the near-term, but the slight rejection seen at $13,600 yesterday does indicate that downside could be imminent There is one technical indicator that suggests some downside could be right around the corner One analyst spoke about this in […] дальше »
2020-10-31 02:00 | |
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The Number of Bitcoin Whales Is Soaring—and That’s Good For BTC
Bitcoin’s price has been on a clear uptrend since the lows of March at $3,500. Data shows that despite the growing cost, the number of BTC whales (entities holding more than 1,000 coins) has increased. дальше »
2020-10-11 10:00 | |
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This Macro Market Cycle Analysis Shows Bitcoin Will Soon Resume Uptrend
Bitcoin has consolidated in a tight $1,000 range since the start of September, at least until recently. The leading crypto-asset is in the midst of a breakout that has brought it as high as $11,500. дальше »
2020-10-10 07:00 | |
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$10K Bitcoin Shows Resiliency Facing BitMex Drama, KuCoin Hack, And Now This
Bitcoin price is currently back over $10,500, holding on after a brief crash to under $10,400 on the heels of several pieces of extremely negative news. The recent news normally would be enough to send the crypto market collapsing, highlighting just how resilient support at $10,000 has been so far. Bitcoin Price Holds Strong At […] дальше »
2020-10-3 20:00 | |
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This Statistic Shows How Small Ethereum’s DeFi Space Really Is
Ethereum’s decentralized finance space has seen parabolic growth since the start of 2020. In the past nine months, the value of coins locked in DeFi contracts has surged from around $500 million to $10 billion — a statistic that may actually undershoot true values. дальше »
2020-9-21 13:00 | |
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Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021
Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […] дальше »
2020-9-15 21:00 | |
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Bitcoin May Soon Push Higher After Taking Out Key Liquidity Levels
Bitcoin has witnessed some slight instability throughout the past few hours, with sellers rejecting BTC above its key resistance level at $10,500 The decline from its highs shows that this price remains a strong region of selling pressure The likelihood of BTC seeing further downside in the near-term is now significantly higher than what it was previously Some analysts are noting that where it trends next will depend largely on its reaction to a few […] дальше »
2020-9-13 19:00 | |
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Bitcoin is Gearing Up for a Major Push Lower as Analysts Eye $9,600
Bitcoin’s inability to break above $10,500 speaks to some underlying weakness amongst the cryptocurrency’s bulls It also shows that the bears still have the edge over the benchmark crypto’s price action, which could mean that a break below its key support between $9,900 and $10,000 is imminent BTC is currently caught within a consolidation phase, being unable to find any strong momentum following the recent rejection Analysts are growing bearish on its near-term outlook, with […] дальше »
2020-9-12 02:00 | |
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Bitcoin Shows Signs of Reversal; But $12,000 Holds The Key For Strong Rally
Bitcoin price is showing reversal signs above the $11,550 resistance against the US Dollar. BTC must surpass the $12,000 resistance for a sustained upward move. Bitcoin started a steady rise above the $11,500 and $11,550 resistance levels. дальше »
2020-8-31 07:21 | |
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Ethereum Still Likely to Dive to $360 Support as Funding Stays Neutral
Ethereum and Bitcoin have both posted notable rebounds after facing some intense weakness throughout the early morning hours ETH was able to rally from lows of $380 to highs of well over $390, while Bitcoin pushed back above $11,500 after dipping to $11,200 This strength is an incredibly positive sign for the market, as it shows that buyers still have underlying strength Despite this strength, analysts are still short on Ethereum, with one trader noting […] дальше »
2020-8-28 23:00 | |
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This On-Chain Trend Shows an “Increased Potential” For Bitcoin to Rally Higher
Bitcoin has seen a stark correction since peaking at $12,400 early last week. The asset plunged as low as $11,150 earlier this week, falling below pivotal support levels. BTC has since bounced back to $11,500 as of this article’s writing, with positive fundamentals pushing Bitcoin higher. дальше »
2020-8-27 04:00 | |
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This Fractal Suggests Ethereum May Rally Past $500 Before Plunging Lower
Ethereum is struggling to maintain the slight momentum it found yesterday after its price reeled down to lows of $370 After bouncing up towards $390, bulls started facing faltering momentum that ultimately led the asset’s price back down towards sub-$380 Because Bitcoin is currently expressing signs of weakness, it remains incredibly unclear as to where the market may trend in the near-term One analyst is pointing to a strikingly accurate fractal for guidance, which shows […] дальше »
2020-8-27 23:00 | |
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Bitcoin Poised to Retest $12K After FOMC Minutes, Data Shows
Bitcoin fell towards $11,500 on Wednesday, a move that followed its brief rally above $12,000 earlier this week. The correction appeared as a testament to profit-taking behavior. Traders decided to liquidate their long positions following a supersonic intraday rally, thus securing their short-term gains. дальше »
2020-8-19 11:04 | |
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ETH Options Data Shows Ethereum Price Can Hit $500 in September
Coinspeaker ETH Options Data Shows Ethereum Price Can Hit $500 in SeptemberThe recent ETH options data shows that Ethereum can hit a price of $500. There is enough liquidity and there are obvious calls for this feat to be achievedETH Options Data Shows Ethereum Price Can Hit $500 in September дальше »
2020-8-18 16:46 | |
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Bitcoin Shows Signs of Life as it Rallies Past $9,400; What Analysts Expect Next
After consolidating between $9,100 and $9,300, Bitcoin is starting to show some signs of life as its price rallies past $9,400 The ongoing uptrend comes after an extended bout of the cryptocurrency losing its trading volume and momentum due to the uptrends seen amongst many altcoins This latest surge may temporarily change the crypto’s trend, but one top trader is noting that he is planning to short BTC’s high time frame resistance at $9,500 Bitcoin’s […] дальше »
2020-7-22 21:00 | |
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Key Indicator Says Bitcoin’s Momentum Is Weakening: Where Will BTC Head?
Bitcoin has been stuck in the $9,000s for the past two months, trading between $8,500 and $10,000 for weeks on end. While the cryptocurrency has maintained the $8,500 support level on multiple occasions, a key indicator shows that the bullish momentum is weakening. дальше »
2020-7-1 06:00 | |
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Analyst Who Predicted 2018’s $3k Bottom Says Bitcoin Looks “Cooked”
Save for a few blips here and there, Bitcoin has more or less tracked equities over recent months. The below image from Charles Edwards, a digital asset manager, shows this correlation quite well. The correlation between crypto and the S&P 500 has also been tracked by analysts at JP Morgan. дальше »
2020-6-30 15:06 | |
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Bitcoin Holds $9.5K Support But Indicator Shows Investors Undecided On Next Move
Bitcoin is holding strongly above the $9,500 support despite a seemingly weak start to the week. The day has been marked by declining figures. Notably, Bitcoin dominance and trading volume. This is unsurprising as the digital asset was eclipsed during the weekend by altcoins. дальше »
2020-6-1 19:51 | |
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These 2 Trends Shows that Wall Street is in a Bitcoin Buying Frenzy
Bitcoin has been subjected to unprecedented turbulence throughout the past few months, declining to lows of $3,800 before rocketing to highs of $10,500 This volatility hasn’t been enough to thwart large market players from foraying into the digital asset Macro investor Paul Tudor Jones has been one of the first traditional investors to publicly profess his interest in BTC, but data shows that he isn’t the only one on Wall Street who is buying Bitcoin […] дальше »
2020-5-29 02:00 | |
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Crucial Fundamental Data Shows Bitcoin Will Break Out of $10,500 Resistance
It’s been a tough past few days for Bitcoin. In spite of the recent rally off the $8,600 lows that has brought BTC to $9,300, the market remains depressed. BTC is trading just under 10% shy of the May highs of $10,100. дальше »
2020-5-28 13:00 | |
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Has Bitcoin Decoupled From The S&P 500?
Since Monday, the Bitcoin (BTC) price has increased considerably, while the S&P 500 (SPX) has been recording losses. This discrepancy was noted by Bitcoin trader @ZackVoell, who tweeted an image that shows a side-by-side comparison of the Bitcoin price (left) and the SPX (right). дальше »
2020-5-14 10:56 | |
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“Simple Geometry” Shows Bitcoin is Bound to Drop Despite Healthy Consolidation
Bitcoin has stabilized above $7,500 following yesterday’s upswing Analysts are now noting that a confluence of factors suggest BTC will decline slightly before finding enough support to catalyze continuance of this uptrend This comes after a period that some traders have described as “healthy consolidation” Bitcoin has been able to maintain all of its recent gains overnight, as the benchmark cryptocurrency has begun stabilizing above the $7,500 region even in spite of the strength of […] дальше »
2020-4-26 21:00 | |
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Key On-Chain Metric Shows a Strong Bitcoin Bull Rally is Brewing
Bitcoin investors haven’t done too well over the past two months. Despite the near 100% recovery from the $3,700 lows seen on March 12th, the cryptocurrency remains more than 30% below the 2020 highs near $10,500. дальше »
2020-4-20 01:00 | |
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This Key Data Metric Shows Bitcoin is “Significantly Undervalued” at Current Price Levels
2020 has been a turbulent year for Bitcoin and the aggregated cryptocurrency market, with the benchmark digital asset rallying to highs of $10,500 before facing a massive selloff that led its price to crater to lows of roughly $3,800. дальше »
2020-3-21 02:30 | |
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Data Shows Bitcoin Miners are Now Unprofitable; Here’s What This Means for BTC
Bitcoin has been on a wild ride over the past several weeks and months, with the benchmark cryptocurrency plummeting from recent highs of $10,500 to lows of $3,500 before garnering significant buying pressure that has since sent it back to its current price within the mid-$5,000 region. дальше »
2020-3-19 02:00 | |
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Billion-Dollar Bitcoin Lawsuit Continues – Craig Wright Ordered to Pay Legal Fees
While the cryptocurrency community deals with floundering market prices, the billion-dollar Kleiman v. Wright Lawsuit continues in Florida. On March 17, a court filing shows that the self-professed Bitcoin inventor Craig Wright has been ordered by the judge to pay $165,500 in attorney fees. дальше »
2020-3-19 22:50 | |
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Billion-Dollar Bitcoin Lawsuit Continues – Craig Wright Ordered to Pay $165K in Legal Fees
While the cryptocurrency community deals with floundering market prices, the billion-dollar Kleiman v. Wright Lawsuit continues in Florida. On March 17, a court filing shows that the self-professed Bitcoin inventor Craig Wright has been ordered by the judge to pay $165,500 in attorney fees. дальше »
2020-3-19 22:50 | |
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Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. дальше »
2020-3-18 18:20 | |
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Analyst: This simple factor shows Bitcoin may drop another 40% before forming a long-term bottom
The global market meltdown seen throughout the past few weeks has shown no signs of slowing down anytime soon, and Bitcoin has been firmly exposed to the implications of this – plummeting significantly from its 2020 highs of $10,500. дальше »
2020-3-17 02:29 | |
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Tesla (TSLA) Stock Shows Volatility, Price Crashes to $500 Despite Dow Recovery on Friday
Coinspeaker Tesla (TSLA) Stock Shows Volatility, Price Crashes to $500 Despite Dow Recovery on FridayThe Tesla (TSLA) stock price has crashed 45% from its 2020-high in less than a month's time. дальше »
2020-3-14 15:48 | |
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Bitcoin Just Plunged From $10k, But This Data Shows Bulls Are Still in Control
Bitcoin climbed higher nicely above $9,800, but it failed near $10,000 against the US Dollar. BTC price is currently declining, but it is likely to find support near $9,640 and $9,500. Bitcoin price failed again to gain strength above the $10,000 resistance area against the US Dollar. It is down more than $250, but there... дальше »
2020-2-24 08:28 | |
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Bitcoin’s Dominance Shows That Altseason May Be Over… For Now
Bitcoin’s insane 2020 uptrend has allowed the benchmark cryptocurrency to rally from lows of $6,800 to highs of $10,500. Although these gains are nothing to scoff at, this bullishness has spilled over into the altcoin... дальше »
2020-2-16 23:43 | |
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Ethereum Mining Revenue Plummeted Nearly 75% in 2019
New data on Ethereum shows that the network had experienced a massive decline in revenue generation for miners. This slump can be partially attributed to the depreciation of the ETH price, which has come down a long way from the all-time of $1,500 in 2018 to roughly $150 in 2019. дальше »
2020-2-4 16:10 | |
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Are Bitcoin Bulls Finally Giving Up? BTC Shows First Signs of a Big Correction
Bitcoin spiked above $9,400 and $9,500 against the US Dollar. BTC traded to a new yearly high at $9,569 and it is currently showing signs of a downside correction. Bitcoin price is likely forming a short term top near the $9,570 level against the US Dollar. дальше »
2020-1-31 08:28 | |
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Bitcoin Rally More Overbought Than October Pump Above $10K, Data Shows
Bitcoin price has exploded out of its recent trading range near lows around $6,500 and has already rallied over $8,300 in a move that caught bearish crypto traders who were expecting more downside in the leading cryptocurrency by market cap off-guard. дальше »
2020-1-8 05:00 | |
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Key indicator shows its good time to accumulate as Bitcoin price touches $7800
As the Bitcoin price surpassed $7,500 on Nov. 27th, a key long term trend indicator showed that it is still a good period to accumulate BTC. Since the Ecoinometrics team released its latest “Daily Bitcoin Mayer Multiple Report” citing the Mayer multiple, a ratio of the Bitcoin price to 200-day moving average, the Bitcoin price […] The post Key indicator shows its good time to accumulate as Bitcoin price touches $7800 appeared first on CryptoSlate. дальше »
2019-11-29 17:57 | |
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Coinbase Data Shows That Bitcoin Has Outperformed S&P 500 Since 2013
As the Bitcoin white paper turns 11, data from Coinbase shows that Bitcoin continues to outperform the S&P 500 since 2013
дальше »2019-11-3 01:21 | |
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New Crypto Radar Poll: Bitcoin Survey Shows Only 5.3% Brits Own the BTC Cryptocurrency
A survey was conducted involving 2,500 Brits who fall in the age bracket of 18 to 65+ years shows quite interesting results. It was done by Crypto Radar, which is among the premier blogs for press releases and news related to crypto activities. дальше »
2019-10-31 19:59 | |
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Bitcoin Hash Rate Approaching 120,000,000 TH/s Amid Market Crash
The Bitcoin Network is about to reach another hash rate milestone despite BTC falling more than $500 in a single day. Network Fundamentals Improving Despite Price Drop Data from Blockchain. com shows the Bitcoin Network hash rate currently at 114 quintillion hashes per second (114 million tera hashes per second — TH/s). дальше »
2019-10-24 12:30 | |
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Long Orange Squeeze: Bitcoin’s Sudden Tumble A Result Of BitMEX Liquidations
It didn’t take long to reverse any tentative bullish prediction. Bitcoin has plummeted in the last few hours with a violent fall to below the $7,500 supports, in a move that shows many signs of manipulation. дальше »
2019-10-23 18:39 | |
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Bitcoin (BTC) Shows Signs of Important Reversal, $8.8K Next?
Bitcoin price is up more than 5% and it broke the key $8,500 resistance against the US Dollar. The price is currently consolidating gains above the $8,500 and $8,400 support levels. There is a short term breakout pattern forming with support near $8,540 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-10-10 09:00 | |
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Instagram turns ‘Throwback Thursday’ into a Stories feature
Instagram stories are incredibly popular with more than 500 million people using the feature every day. So there’s no surprise the company tries to keep the experience fresh with new features. Today, the photo-sharing platform rolled out a new ‘create’ mode that has a bunch of options including a throwback feature called “On this day. дальше »
2019-10-9 10:47 | |
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S&P 500 Shows Signs of a Business Cycle Ending, Says Portfolio Manager
The S&P 500 (SPX) has been in a strong uptrend since March 2009. To date, the large-cap index has been in a bull market for 127 weeks. According to CNN, the S&P 500 is in the midst of the longest bull run in history. дальше »
2019-10-2 17:00 | |
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S&P 500 Tumbled Right Before Bitcoin (BTC) Price Crash; Coincidence?
Bitcoin price has lost over 15% since Monday, though the biggest part of the decline happened yesterday. Interestingly, the US stock market crashed a few hours before the BTC drop. Is there any correlation? S&P 500 Shows Biggest Monthly Drop Tuesday was not a sad day for Bitcoin holders only. дальше »
2019-9-26 19:38 | |
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Bitcoin ATM Installations Up 500% Since 2016
It’s official. Despite Bitcoin’s ups and downs, demand continues to surge. There are now 5,457 Bitcoin ATMs globally according to Statistica. Actually, that number is at odds with Coin ATM Radar who places Bitcoin ATMs at 5,590 worldwide. дальше »
2019-9-20 16:00 | |
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Bitcoin ‘s Blockchain Stronger Than Ever, to See Historic Milestone Of 100 EH/s as 500,000 ASICs Go Live
The hash rate of Bitcoin (BTC) has finally reached a historic new high: 100 quintillion hashes per second (EH/s). This large number was never before reached in the history of the token, which shows that there are now more miners in the market than ever before. дальше »
2019-9-17 03:30 | |
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