Analysts explain why Bitcoin is ready to enter a bull market again

At long last, Bitcoin has shown signs of life, rallying by 20 percent from the $6,800 bottom put in nearly two weeks ago. Although this recent price action has been deemed a “relief rally” by some analysts, more and more indicators suggest that BTC and the rest of the cryptocurrency market are on the verge […] The post Analysts explain why Bitcoin is ready to enter a bull market again appeared first on CryptoSlate. дальше »

2020-1-13 05:57

Here are the two major reasons Ethereum dropped 50% against Bitcoin in the past 7 months

Since May 2019, the price of Ethereum has dropped by around 50 percent against Bitcoin. The ETHBTC pair across major exchanges declined from 0.0347 BTC to 0.01762 BTC within seven months. Behind the lackluster performance of Ethereum against Bitcoin since 2019 are: a correction in the crypto market in the latter half of last year […] The post Here are the two major reasons Ethereum dropped 50% against Bitcoin in the past 7 months appeared first on CryptoSlate. дальше »

2020-1-8 13:42

This simple analysis suggests the Bitcoin price could increase 100% in 2020

Due to the fact that it is an illiquid asset, Bitcoin’s day-to-day price movements are unpredictable. Just think back to late-October of last year, when the price of the leading cryptocurrency suddenly surged by 42 percent in a day’s time, or earlier this week, when BTC tanked below $7,000 to only see a surprise recovery […] The post This simple analysis suggests the Bitcoin price could increase 100% in 2020 appeared first on CryptoSlate. дальше »

2020-1-4 18:00

Analyst: here’s why Bitcoin is bound to see further bullishness despite $7,700 rejection

Bitcoin’s bulls took a hit today after the cryptocurrency faced a violent rejection at $7,700 that led BTC as low as $7,250 before it found enough support to halt this downwards movement. It is important to note that recent fundamental and technical developments still heavily favor the cryptocurrency’s buyers, which may mean that this latest […] The post Analyst: here’s why Bitcoin is bound to see further bullishness despite $7,700 rejection appeared first on CryptoSlate. дальше »

2019-12-24 06:16

Bitcoin price may collapse below eight-year growth curve; can bulls retake control?

Once again, Bitcoin (BTC) has started to slip. After trading above the key $7,000 support for days on end, the cryptocurrency slipped on Monday, tumbling to $6,800, then $6,700 on Tuesday. Right now, bears still seem to be in full control of the crypto market, having pushed BTC from $14,000 to $7,000 over the past […] The post Bitcoin price may collapse below eight-year growth curve; can bulls retake control? appeared first on CryptoSlate. дальше »

2019-12-18 12:00

Analysts expect Bitcoin to falter as price fails to break past low-$7,000s

Over the past week, Bitcoin has found itself flatlining, establishing a tight range in the low-$7,000s as volume tapers off. This consolidation has forced the Bollinger Bands, a technical analysis tool often used by traders looking for more information about trading ranges and volatility, for Bitcoin to reach “squeeze” levels, implying that volatility is on […] The post Analysts expect Bitcoin to falter as price fails to break past low-$7,000s appeared first on CryptoSlate. дальше »

2019-12-15 10:33

OKEx ranks first in terms of YTD returns among all exchange tokens

Despite the massive downturn in the cryptocurrency market, some of the native utility tokens from the top exchanges in the world were able to keep most of the gains they made over the past year. Exchange tokens outperformed the rest of the market During the first half of the year, most of the cryptocurrencies in […] The post OKEx ranks first in terms of YTD returns among all exchange tokens appeared first on CryptoSlate. дальше »

2019-12-13 10:46

Big traders on Binance panic tanking Matic’s price by almost 75%

The digital token of Ethereum-based payments company Matic lost almost 75 percent of its value in a matter of minutes after two weeks of massive appreciation. While the matter is still being investigated, both Matic and Binance said that it wasn’t a pump and dump scheme, but a result of a panic cycle caused by […] The post Big traders on Binance panic tanking Matic’s price by almost 75% appeared first on CryptoSlate. дальше »

2019-12-11 21:30

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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

Analyst: Bitcoin stock to flow model could signal that $10,000+ BTC is imminent

Bitcoin has been caught in the throes of a strong and enduring downtrend over the past several weeks, which was first sparked when the crypto failed to stabilize above $10,000 in late October. This downtrend, however, may soon draw to a close, as one pricing model suggests that Bitcoin could be on the cusp of […] The post Analyst: Bitcoin stock to flow model could signal that $10,000+ BTC is imminent appeared first on CryptoSlate. дальше »

2019-11-28 06:00