3 Reasons Why Bitcoin Defied Bears, Suddenly Rallying 10% to $7,800

2020-4-24 23:30

Bitcoin has done extremely well over the past 24 hours. After falling as low as $6,800 on Wednesday, the cryptocurrency mounted a strong comeback on Thursday morning, rallying from $7,050 to $7,800 in an explosive fashion to mark an over 10% gain.

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Bitcoin (BTC) на Currencies.ru

$ 66992.03 (+0.19%)
Объем 24H $28.128b
Изменеия 24h: 2.67 %, 7d: 10.26 %
Cегодня L: $66739 - H: $67036.39
Капитализация $1319.73b Rank 1
Цена в час новости $ 7462.26 (797.74%)

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rallying bitcoin → Результатов: 126


Fractal Analysis: Bitcoin Price Will Rocket 35% Higher Ahead of Halving

Despite the overarching risks of an economic recession, Bitcoin has performed well over the past few weeks, rallying higher and higher over week after week, shunning off bearish narratives. In fact, since the $3,700 bottom, the cryptocurrency has gained over 80%, reaching as high as $7,500 but now trading at $7,050 as of the time of this article’s writing.

2020-4-19 07:33


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Is Bitcoin Moving in an Ascending Triangle or Wedge?

On April 2, the Bitcoin price initiated a very swift upward move, rallying from a low of $6,551 to a high of $7,194. While initially, it seemed that this movement would cause a breakout above the current pattern, the higher prices could not be sustained and BTC reached a close of $6,794, slightly below the […] The post Is Bitcoin Moving in an Ascending Triangle or Wedge? appeared first on BeInCrypto.

2020-4-3 13:45


Bitcoin Explodes to $6,800 as S&P 500 Rallies 10% On Back of ‘QE Infinity’ & Coronavirus Bill

Bitcoin has continued to strengthen over the past few hours, rallying as high as $6,850 on Tuesday morning and now trading at $6,790 as of the time of this article’s writing. According to data from TradingView, the cryptocurrency has gained 4% since the trading session started, marking yet another day of gains. BTC remains below...

2020-3-25 02:30


This Chinese Whale Lost $45 Million in Bitcoin and BCH Overnight: How it Happened

One of the rallying cries Bitcoin’s most fervent advocates use to promote the cryptocurrency is “become your own bank.” Indeed, this nascent technology allows you to complete the basic functions of modern banks: receive transactions, store capital, and send transactions (and also verify/process transactions if you want to become a miner). While many libertarians see...

2020-2-22 08:19


What Pushed Bitcoin Up 65% in 2 Months? Top Fund Manager Explains

Since the middle of December, Bitcoin has been on an absolute tear higher, rallying from $6,400 to $10,550 earlier this week, per data from TradingView. This marks a surge of over 60%, meaning that the cryptocurrency outpaced a majority of other multi-billion-dollar assets save for Ethereum, XRP, and Tesla. This strong surge comes shortly after...

2020-2-15 07:00


$340: Ethereum Poised for a 100% Rally as 6 Months of Accumulation Comes to an End

Ethereum (ETH) along with most other major altcoins has been able to post a decent climb today, with the crypto rallying into the $170 region while Bitcoin pushes up towards $9,000. It is important to note that this rally may just be getting started, as one prominent cryptocurrency analyst explained in a recent tweet that... The post appeared first on NewsBTC.

2020-1-28 04:00


Volume Precedes Price: Why an Unexpected Altcoin Crash Could Surprise Crypto Investors

Top financial market analysts often live and die by the mantra that volume always precedes price, and the same is true for crypto assets like Bitcoin and the rest of the altcoin market. An indicator designed to spot early changes in volume may be signaling that although altcoins are rallying across the greater crypto market,... The post appeared first on NewsBTC.

2020-1-24 20:00


Top Crypto Analyst Lays This Case for 100% Cardano (ADA) Price Surge

Near the top of the Bitcoin bull market in 2018, Cardano (ADA) was dominating. Everything. Aside from a few select altcoins in Ethereum, XRP, and BCH, ADA was at the top of the market, rallying on a seemingly strong team and the promise of Cardano becoming the next leading blockchain that could service everything and... The post appeared first on NewsBTC.

2020-1-22 12:28