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To successfully retest previous highs, BTC and ETH must surpass these crucial barriers
The top two cryptocurrencies Bitcoin and Ethereum are both attempting to challenge previous highs. For Bitcoin, the price correction which is already in motion was ignited shortly after the big bull hit a low of $17,683 on the 11th of December. дальше »
2020-12-14 00:14
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Weekend Fakeout? Analysts Wary of Latest Bitcoin Rally as Price Passes $19k
Bitcoin has seen a strong push higher today that allowed its price to break above the key $19,000 level that has been so pivotal for its price action This rally came about after a period of weakness that caused the crypto to plunge as low as $17,600 The selling pressure seen around its current price […] дальше »
2020-12-14 23:00
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Bitcoin Flashes Signs of Strength as All-Time Highs are Back on the Table
Bitcoin is once again exploding higher, with the recent dip to lows of $17,6000 proving to be fleeting as bulls take control of its price action The crypto is rapidly approaching its previous all-time highs as bulls aim at sending it past $19,400 This has long been a strong resistance level for the crypto, and a break above it could indicate that a move towards $20,000 is imminent One trader is now noting that the […] дальше »
2020-12-14 22:00
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Massive fiat to Bitcoin wealth transfer ongoing, Gen Zs and Millennials highly underrepresented
It may not have been hammered on, that the Bitcoin revolution has fully begun, but it has and 2020 perfectly mirrors what we can call the active transfer of wealth from one generation to another, all through Bitcoin. дальше »
2020-12-14 21:08
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Bitcoin Gains Popularity Among The Rich As Bull Market Rages On
More wealthy mainstream investors are getting attracted to the cryptocurrency space. This is particularly true for the number one cryptocurrency, Bitcoin. At the moment, Bitcoin has gained 270% since March this year. дальше »
2020-12-14 16:44
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Why Bitcoin Price Looks Ready For Another Leg Over $19,500
Bitcoin price started a steady upward move from the $17,500 support zone against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,000. Bitcoin is trading in a positive zone above the $18,500 and $18,200 support levels. дальше »
2020-12-13 07:08
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IPO Windfalls from Airbnb Could Boost Bitcoin: DCG CEO
Aside from MicroStrategy raising $650 million for Bitcoin this past week, one of the biggest news on financial Twitter was the Airbnb IPO. After months and even years of anticipation, the global peer-to-peer rental service went public on the stock market. дальше »
2020-12-13 02:59
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This Technical Indicator Suggests Bitcoin is About to See Massive Volatility
Bitcoin is so far seeing a quiet weekend, with bulls taking control of its price action as they hold it above $18,000. This level was broken below earlier this week, but buyers were able to find enough support to thwart any intense selloff from here. дальше »
2020-12-13 23:00
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Bitcoin Moves Back Toward $19,000 as MicroStrategy News Spreads
Bitcoin is pushing higher after plunging as low as $17,600 late last week. The price of the leading cryptocurrency has pushed to $18,800 as of this article’s writing, reaching its highest price in many days. дальше »
2020-12-13 22:43
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Bitcoin’s Short-Term Outlook is Dangerous for Bulls; Here’s Why
Bitcoin has flashed some signs of tempered strength throughout the past few days, with bulls ardently defending against a sustained drop below $18,000 The buying pressure below this level was tempered and only sparked a slow climb higher Until the crypto can reach a level that kicks off a massive buying spree that creates another “V-shaped recover,” there’s a possibility that it will see further weakness One trader is now noting that a move lower […] дальше »
2020-12-13 22:00
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Bitcoin Acquisition: Why MicroStrategy, MassMutual Could Turn Out To Be Grayscale’s Biggest Competition
Grayscale has been making rounds in the crypto-landscape with its continuous astounding Bitcoin purchases since it made its entrance into the market. Ever since then, the investment firm has been buying Bitcoin non-stop, and within that time period, managed to acquire fair investment returns. дальше »
2020-12-14 19:16
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Is Bitcoin Still An Underpriced Asset?
When it comes to Bitcoin, there is always a plethora of ideas, opinions, and theories coming from different people and angles. Since its breakthrough in the world of finance, there has been nothing but conflicting ideas and reports on what it is, how it should be used as well as what it could become. Bitcoin […] дальше »
2020-12-14 13:49
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Bitcoin Would See Billions of Inflows If All Life Insurance Firms Followed MassMutual
MassMutual shocked the industry yesterday when it purchased Bitcoin to complement its general investment account. Massachusetts Mutual Life Insurance Company, also known as MassMutual, is a long-standing life insurance company that services five million clients. дальше »
2020-12-12 06:09
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Efficient Market Hypothesis: MicroStrategy’s $650M Bitcoin Buy Has Barely Been Priced In
Bitcoin price is making an attempt to get back over $18,000 after it flirted with the mid-$17,000 range in the overnight hours. The leading cryptocurrency by market cap has only bled further over the last several days since MicroStrategy CEO Michael Saylor revealed his company’s plans to offer convertible senior notes to raise $650 million […] дальше »
2020-12-12 04:00
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This “Death Cross” Suggests Bitcoin Could See Immense Turbulence
Bitcoin has seen a rocky past few days and weeks, with the cryptocurrency seeing notable losses that came about after it first broke below $19,000 The selling pressure below this level has been quite intense in the past, but usually the crypto posts “v-shaped recoveries” that help it reclaim this as support Unlike in weeks past, BTC has yet to see any massive inflows of buying pressure that could help spark a strong upside movement […] дальше »
2020-12-12 02:00
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This Key Ethereum Level Needs to Be Flipped to Support Before ETH Can Rally
Ethereum has been facing some intense consolidation throughout the past few days and weeks The cryptocurrency’s price action has done little to offer investors with insights into where it may trend in the near-term It has been closely tracking Bitcoin’s price action, which makes its fate at least somewhat dependent on that of the benchmark cryptocurrency One trader is now noting that a move higher could be imminent, but this possibility is premised upon it […] дальше »
2020-12-12 23:00
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Five Technical Reasons The Bitcoin Bull Trend Is Taking A Breather
Bitcoin is currently experiencing a small correction by cryptocurrency standards. The last time the top cryptocurrency corrected from below $20,000, it touched under $6,000 weeks later. But the normally notoriously volatile crypto asset isn’t swinging quite as wildly as the peak of the 2017 bull run. дальше »
2020-12-12 23:00
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This Bitcoin exchange inflow metric is signaling a major long-term bullish rally
If you thought the Bitcoin wave was over, the new metrics might require you to think again. The $19850 price peak has not been retested, but in the long term, new metrics are suggestive of a promising new year. дальше »
2020-12-12 22:29
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Bitcoin is Resting on a Crucial Support Level; Here’s What Analysts are Saying
Bitcoin and the entire crypto market stalled following the decline seen yesterday afternoon, with bull stepping up and slowing the descent This has marked a continuation of the bear-favoring trend seen throughout the week, as the cryptocurrency has been facing tremendous selling pressure This all began when BTC first broke below $19,000, as this has long been a pivotal level for the cryptocurrency Where the crypto trends in the mid-term should depend largely on where […] дальше »
2020-12-11 21:00
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Bitcoin’s Downtrend Could Soon Reverse as Analysts Eye Move to $18,500
Bitcoin has seen some rocky price action as of late, with bulls and bears battling for control over the cryptocurrency’s mid-term outlook. So far, this has resulted in the cryptocurrency seeing some bearish momentum, with sellers taking general control over its trend. дальше »
2020-12-11 19:00
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Whales Sell Down Bitcoin Rally: Why This Is Fundamentally Bullish For Crypto
Bitcoin price is now below $18,000 and the distance from the all-time high set just weeks ago is increasing by the day. The incredible rally of 2020 might have now come to an end, with the tipping point caused by some of the largest cryptocurrency whales offloading their coins. дальше »
2020-12-11 18:30
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Another One: Insurance Giant MassMutual Jumps Into The Institutional Bitcoin Game With A Hulking $100M Investment
Life insurance giant Massachusetts Mutual — better known as MassMutual— is the latest company to invest millions of dollars into the flagship cryptocurrency as part of its broad investment strategy. MassMutual’s $100 Million BTC Bet According to a report published by The Wall Street Journal on December 10, the Springfield, Massachusetts-headquartered insurance firm purchased $100 […] дальше »
2020-12-11 14:45
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TA: Bitcoin Signaling Downturn, Why BTC Could Trade To New Monthly Low
Bitcoin price is showing bearish signs below $18,050 against the US Dollar. BTC is now likely to continue lower and it could even trade below $17,500 Bitcoin is showing a few bearish signs below the $18,200 and $18,500 resistance levels. дальше »
2020-12-11 06:38
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Risk for Bulls: Bitcoin Miners Begin Aggressively Selling Holdings
Bitcoin’s price action as of late has been rather lackluster, with bulls struggling to hold it above $18,000 as selling pressure mounts Where the crypto trends in the mid-term should depend largely on the continued reaction to the support at $18,000 If the crypto is unable to hold above this level, it could bear witness to some intense selling pressure that sparks a move down towards $17,000 There is some support at roughly $17,600 that […] дальше »
2020-12-11 02:00
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Bitcoin Bounces Toward $18,400 as MassMutual Unveils $100m BTC Purchase
Bitcoin underwent a strong plunge yesterday evening to $17,700. The cryptocurrency crashed as the stock market faced a correction and as the U. S. dollar showed a bit of strength after a brutal showing over the past few weeks. дальше »
2020-12-11 01:00
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Bitcoin Will Gain From The Growing Distrust In Traditional Asset Classes: Morgan Stanley Analyst
The United States dollar has been the world’s premier reserve currency for a century now, but bitcoin has the potential to dethrone the greenback in the long-run and end its long-lived dominance. This is according to an analyst at the U. дальше »
2020-12-11 23:59
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Circle CEO On Why The Biden Administration Will Likely Warm Up To Bitcoin
Circle CEO Thinks The Biden Administration Will Warm Up To Crypto And Probably Adopt A Crypto-Focused Growth Strategy The incoming White House administration will likely embrace the crypto technology, says Jeremy Allaire. дальше »
2020-12-11 23:21
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Bitcoin Weak on Lower-Time Frames as Analysts Eye Move to $17,000 Region
Bitcoin has been flashing some signs of intense weakness throughout the past few days and weeks, which has caused the cryptocurrency’s price to decline below $18,000 on a few occasions. So far, the buying pressure here has been significant enough to catalyze multiple rebounds, but its reactions to each dip are getting weaker as time […] дальше »
2020-12-11 23:21
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Why Massive Bitcoin Miner Outflow Has This Top Quant Analyst “Scared”
Bitcoin price is still hanging onto $18,000 and is only a couple of grand shy of finally taking out $20,000 and beginning the new bull market. But BTC miners that should be holding in advance of mark up, are suddenly moving massive quantities of the cryptocurrency, and it has a top industry quantitative analyst “scared” […] дальше »
2020-12-11 23:00
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Bitcoin Likely to Slide Back into $17,000 Region as Recovery Fades
Bitcoin and the entire crypto market has been caught within an intense bout of consolidation over the past day, which came about following a sizeable decline This decline sent most tokens reeling lower, with BTC and most altcoins all shedding a serious amount of value Where the market trends in the mid-term should offer some serious insights into whether or not this move is emblematic of any mid-term trend shift For the time being, it […] дальше »
2020-12-10 21:00
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Four Frightening FUD Filled Factors Bitcoin Investors Should Beware Of
Bitcoin price is clinging on to $18,000 after setting a new all-time high but failed to make it through psychological resistance at $20,000. Market participants are always searching for a reason for a trend change and often look to negative news or events that create FUD – fear, uncertainty, and doubt. дальше »
2020-12-10 18:30
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Why The Winklevoss Twins Are Doubling Down On Their $500,000 Bitcoin Price Prediction
Gemini crypto exchange co-founders Cameron and Tyler Winklevoss took to the stage on the first day of the Singapore FinTech Festival 2020 on December 7, telling the over 60,000 attendees that bitcoin’s market capitalization will usurp that of gold. дальше »
2020-12-10 15:48
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TA: Bitcoin Recovery Capped, Why $18.6K Is A Major Breakout Zone
Bitcoin price extended its decline towards the $17,650 level before correcting higher against the US Dollar. BTC is now facing hurdles near $18,600 (the previous key support). Bitcoin is facing hurdles near the previous support at $18,500 and $18,600. дальше »
2020-12-10 06:48
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Bitcoin “Annihilated” Its Key Support During Recent Decline; Here’s Where It Stands
Bitcoin has been facing some intense resistance throughout the past few days and weeks, which has been suppressing its growth and sparking multiple strong rejections The selling pressure found within the mid-to-upper $19,000 region has been quite intense, and may continue stunting its growth in the mid-term One trader believes that any continued near-term weakness will likely cause it to see significantly further downside in the mid-term This is because it is now trading just […] дальше »
2020-12-10 02:00
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MicroStrategy’s Bitcoin acquisition stirs panic, industry players proffer strategic solution
MicroStrategy has been on a Bitcoin buying spree since August when it took the cryptocurrency market by surprise, with a Bitcoin purchase of over 21,000 (BTC). In the month that followed, the Business intelligence giant reminded the crypto-landscape that it was just getting started with its long-term Bitcoin acquisition strategy, and acquired 16,766 BTC, another […] дальше »
2020-12-10 01:26
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Bitcoin Bulls Defend $17,700, But BTC Still Faces Dangerously Strong Resistance
Bitcoin has faced some intense selling pressure over the past few days, with the response to its recent break below $19,000 being quite bearish This validates the notion that this is a crucial level that the crypto much firmly surmount and flip into support if it is to see any further upside One trader is now noting that, while BTC did rebound off of its key support in the upper-$17,000 region, it still faces multiple […] дальше »
2020-12-10 21:00
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Citibank Downgrades MicroStrategy Stock Rating Over The Firm’s “Excessive” Bitcoin Focus
Citibank downgraded MicroStrategy stock rating on December 8, citing the business intelligence firm’s recent bitcoin allocations as the key factor. Specifically, Citi analyst Tyler Radke lowered MicroStrategy’s stock from a “neutral” to a “sell” soon after the company announced that it was planning to raise $400 million in order to purchase more bitcoin. Radke noted […] дальше »
2020-12-10 20:10
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Bitcoin has Yet to Enter Its “Key Buy Zone” — According to This Indicator
Bitcoin has been struggling to find any strong momentum throughout the past few days, with bears rapidly gaining control over its price action This trend has not yet been enough to invalidate the cryptocurrency’s technical strength, but it does seem as though it may strike a blow to its macro uptrend Until BTC can enter […] дальше »
2020-12-9 19:10
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Allianz Chief Economist Who Bought 2018 Bottom: I Sold My Bitcoin Today
Ask any crypto investor and they’ll tell you the Bitcoin bull market is here. However, the chief economist at Allainz who bought Bitcoin around its bear market bottom in late 2018 and held the asset until now, has sold his holdings just as a new all-time high was set. дальше »
2020-12-10 18:30
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Bitcoin Bullish Hammer Reversal Forming, But Beware Of Bull Trap Potential
Bitcoin price dipped as low as $17,700 overnight before bulls drew a line in the sand and began to defend the recent rally. Although the move down was sharp and severe, the strength of bulls has left a long wick behind and a bullish “hammer” is forming. дальше »
2020-12-9 17:22
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Red Alert: Bitcoin Risks Significant Pullback As Mt. Gox’s $2.6 Billion BTC Stash Could Soon Move
The bitcoin price is facing serious correction risk as the deadline for Mt. Gox’s rehabilitation plan draws closer. The infamous bitcoin exchange is supposed to return over 150,000 bitcoins to the victims of the 2014 hack in a week’s time. дальше »
2020-12-9 11:32
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Jack Dorsey’s Square Discloses its Bitcoin Adoption Goals for the Next 10 Years
The founder of the leading social media platform Twitter has committed to a Bitcoin initiative to which he has contributed $10 million for the facilitation of an eco-friendly Bitcoin mining future. Leading payment firm Square, which is also headed by Jack Dorsey, made the big announcement on Tuesday. дальше »
2020-12-9 11:14
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TA: Bitcoin Corrects 5%, Why Upsides Could Remain Capped Near $18.6K
Bitcoin price declined more than 5% and broke many supports near $18,500 against the US Dollar. BTC could correct higher, but upsides might face hurdles near $18,600. Bitcoin started a fresh decline after it failed to stay above the $19,000 support. дальше »
2020-12-9 06:48
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Bitcoin Just Dove Toward $18,300 After Days of Consolidation
Bitcoin is forming its first big breakdown in a number of days after consolidation in the $19,000 region. The coin currently trades for $18,300, down 3. 5%-4% in the past 24 hours as the market finally posts a notable red day. дальше »
2020-12-9 03:18
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Bitcoin is “Refining” This Bullish Range; Could Soon Post a Massive Breakout
Bitcoin is currently in the process of consolidating as bulls and bears battle for control of its near-term outlook Where the cryptocurrency trends in the mid-term will likely depend on whether or not bulls can once again push it above $19,000, as this has been a pivotal level for BTC A sustained bout of trading below here could open the gates for serious losses, but many factors are all working heavily in the cryptocurrency’s favor. […] дальше »
2020-12-9 02:00
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Here’s the Key Level Yearn.finance (YFI) Needs to Break to See Price Discovery
It has been a rocky past few days for Yearn.finance’s YFI governance token The cryptocurrency has been closely tracking Bitcoin and the rest of the crypto market, which has exposed it to some downside as of late The entire DeFi market has been drifting lower over the past few days as traders widely begin going […] дальше »
2020-12-9 00:00
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Bitcoin “Double Top” Narrative Builds, Factors To Potentially Fear
Bitcoin price is in a precarious location. The asset set a new all-time high just days ago but is trading below the record and starting to decline. The shifting momentum is now presenting in technical indicators supplying bearish signals, adding to the double top narrative that’s been building since failing to break $20,000. Here are […] дальше »
2020-12-9 23:00
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Institutional FOMO By Big Bitcoin Investors Fueling Price Rally
The fear of missing out by institutional investors has played a key role in pushing and maintaining Bitcoin’s price way above the $18,000 price level. Bitcoin came closest to breaching the crucial $20,000 level at the start of December 2020 and has risen up 170% this year, amidst the existence of a global pandemic and […] дальше »
2020-12-9 21:57
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Bitcoin Breaks Below Key Bullish Trendline as Analysts Eye Move to $18,400
Bitcoin has been showing some serious signs of strength throughout the past few days and weeks Bulls have been in full control of the cryptocurrency’s price action, but are starting to lose their edge over bears as the crypto drifts lower Where it trends in the mid-term will depend largely on whether or not buyers can defend against a break below $18,600 One trader is pointing to this as the first key support level it […] дальше »
2020-12-9 21:00
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Bitcoin May Need “Life Support” as Bulls Try to Defend Key Support
Bitcoin’s price action has been rather lackluster as of late, with sellers forcing the crypto back below $19,000 as it struggles to gain any clear momentum in either direction. This price action has been surprising considering the macro strength incurred due to the recent multi-week uptrend, but it does seem as though serious upside could […] дальше »
2020-12-9 20:30
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