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This Accumulation Pattern Suggests Bulls Are On The Right Side Of Bitcoin
Bitcoin price may be down compared to it was just weeks ago, but it is not out. Bulls are fighting hard and have been keeping $10,000 as unbreakable on the way back down as it was on the way up. With each touch of the key resistance turned support, the cryptocurrency’s price action more closely […] дальше »
2020-9-10 20:00
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Bitcoin’s Recent Drawback May Mark a Bullish Retest as Bulls Defend $10,000
Bitcoin is currently showing some serious signs of strength. The benchmark cryptocurrency has flown past its $10,400 resistance and is now en route to setting fresh weekly highs. This marks a notable rebound from lows of $9,900 that were set on multiple occasions throughout the past couple of weeks. дальше »
2020-9-10 19:00
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How Turning Stock Market Sentiment Could Drag Bitcoin Down Further
Last week closed with a brutal drop in the stock market and a $2,000 plunge in Bitcoin. While there’s a chance that what’s going on across the crypto market was profit-taking, turning stock market sentiment could end up dragging down Bitcoin, Ethereum, and other top crypto assets much like it did during the Black Thursday market collapse. дальше »
2020-9-11 18:00
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Henchman In Trouble After Helping Friends Rob $365k From A Bitcoin Buyer
A man is currently facing a serious legal backlash after he was accused of helping his two friends commit a Bitcoin-related robbery in Singapore. Court documents reveal that in April 2018, one Jaromel Gee Ming, together with Mohd Abdul Rahman Mohamad, came up with a plot to dupe a potential Bitcoin buyer and rob him. […] дальше »
2020-9-10 17:26
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Bitcoin And S&P500 Correlation Closing In On All-Time High While Crypto Markets Recover
Cryptocurrency experts and enthusiasts often debate whether or not Bitcoin and the stock markets are correlated. One side says that Bitcoin is an independent asset with no dependence on the traditional financial sector. дальше »
2020-9-10 17:13
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Tech Stocks Bleed Out Five Full Bitcoin Network’s Worth Of Value In Three Days
If you think the amount of money lost during Bitcoin’s $2,000 plunge last week was a lot, it was barely a blip compared to the $1 trillion in market cap lost among the top six tech stocks this week. дальше »
2020-9-10 16:03
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Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead” Despite 20% Drop
Both Bitcoin and gold have corrected from their recent highs as the U. S. dollar has bounced. The two assets are tracking each other once again as they become proxies for exposure to downside in the U. дальше »
2020-9-10 13:00
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Risks of Bitcoin Plunging to $8.8K Persist Despite Strong Intraday Gains
Bitcoin retraced to the downside sharply after testing levels near $10,500 on profit-taking sentiment. Nevertheless, the cryptocurrency so far has failed to extend its bearish momentum below a certain Fibonacci support level. дальше »
2020-9-10 11:19
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Weeks After Losing $25K In Bitcoin, Barstool Sports Founder Dave Portnoy Is Ready To Invest In Crypto Again
Day trader extraordinaire Dave Portnoy is ready to get back to cryptocurrency trading only weeks after incurring a $25,000 loss in bitcoin. The founder of Barstool Sports spoke highly of people in the cryptocurrency industry while stating that he would soon return to the crypto market. дальше »
2020-9-10 10:27
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Bitcoin Rises Ahead of ECB Meet; How Eurozone Could Impact Price?
Bitcoin bounced back on Thursday as the dollar weakened. But the cryptocurrency refrained from making any significant moves ahead of the European Central Bank’s monetary policy resolution later today. дальше »
2020-9-10 09:01
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Bitcoin Near Key Inflection Zone, $10,500 Holds The Key For Next Rally
Bitcoin price remained well supported above $9,900 and $10,000 against the US Dollar. BTC is currently recovering and approaching a major breakout zone at $10,500. Bitcoin is trading higher, and it surpassed the $10,200 resistance zone and he 100 hourly simple moving average. дальше »
2020-9-10 07:08
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The Number of Bitcoin “Wholecoiners” Just Hit a Fresh All-Time High
Bitcoin investors have been accumulating the digital asset at a rapid pace throughout the past several days and weeks, with the cryptocurrency seeing massive inflows of capital in August while its price remained somewhat stagnant between $11,000 and $12,000. дальше »
2020-9-10 05:00
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Bitcoin Closing Above This Level Could Trigger a Move Back Above $11,000
Bitcoin has flirted with the $10,000 support multiple times over the past few days. The cryptocurrency has temporarily dropped below that pivotal level multiple times, falling as legacy markets also taper lower. дальше »
2020-9-10 04:00
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As Bitcoin Consolidates, Here are the Crucial Levels that Will Determine Its Future
Bitcoin has seen a strong rebound from its recent lows, but the cryptocurrency still remains caught within a firm consolidation phase between $9,900 and $10,300 The benchmark crypto is currently testing the upper boundary of this range, but its momentum is somewhat tempered at the moment and appears to be faltering Whether or not it can push any higher in the near-term may depend almost entirely on how it reacts to $10,300 One analyst is […] дальше »
2020-9-10 02:00
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Bitcoin is Defending a Crucial Macro Level as Bulls Show Signs of Strength
It is growing increasingly clear as to just how important $10,000 is for Bitcoin’s macro price action, as this level has been ardently defended by bulls on multiple occasions BTC has been trading around the level for the past several days, with each dip below it proving to be highly short-lived Bulls’ slight displays of strength whenever the crypto dips below this level are a positive sign for its near-term outlook One analyst is now […] дальше »
2020-9-9 21:00
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Lucky Number 7? Bitcoin Bulls Defend $10,000 Support A Week Straight
Bitcoin price has fallen by over $2,000 from its 2020 high and is currently struggling to hold support above $10,000. Or is the other way around, and bulls have been valiantly defending the key support level on daily timeframes? Zooming out further shows yet another critical retest in progress, and one that could potentially last […] дальше »
2020-9-9 20:00
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Why Bitcoin Is A Valid Hedge For Whales And Institutional Investors Despite Lackluster Price Performance
Bitcoin’s price sentiment for September has changed compared to the bullish outlook that reigned in July and August. Analysts were targeting a breakout beyond $12K in the previous two months, but Bitcoin is currently struggling to stay above the $10k mark. дальше »
2020-9-9 17:21
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Wall Street Veteran Has More Than 50% of His Portfolio In Bitcoin: Here’s Why
Bitcoin has faced a strong correction over the past week. Since the highs of ~$12,000 set last week, the leading cryptocurrency has dropped 20%. As of this article’s writing, BTC trades for $10,100 and is seemingly poised to continue its descent as crucial support levels fall. дальше »
2020-9-9 15:00
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Troubles for Bitcoin as US Dollar Eyes Recovery Until Q2/2021
If a stronger US dollar indeed points to a weaker Bitcoin, then the cryptocurrency is facing a humongous bearish bias ahead. An analysis published by Seeking Alpha’s Robert Balan expects the US dollar to extend its recovery until the second quarter of 2021. дальше »
2020-9-9 14:13
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Bitcoin Miners Aren’t Fazed By This Price Pullback As Hashrate Hits New Record High
The benchmark cryptocurrency has retraced from $12,500 to around $10K over the past couple of weeks. Nevertheless, the hashrate of the bitcoin network — which is basically the amount of computing power dedicated to securing the network — has cranked a new all-time high. дальше »
2020-9-9 13:40
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Analyst Gives 3 Reasons Why Bitcoin Could Bounce Back from $10K
As Bitcoin plunged from near $10,500 to below $10,000 within a week, many compared its fall to the one from March 2020. Five months back, a liquidity crisis has caused a severe crash across the global markets. дальше »
2020-9-9 10:48
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Bitcoin Exchange Activity Now Accounts for 20% of All Miner Fees
Centralized exchanges are playing a decreasingly important role within Bitcoin network activity, which is highlighted by the number of fees that stem from transactions taking place on exchanges. In past years, exchanges accounted for a far higher percentage of the transaction fees received by miners than presently. дальше »
2020-9-9 05:00
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Bitcoin Closing Above $10,500 Could Confirm This Bullish Recovery Pattern
Bitcoin remains in a weak spot despite bouncing slightly from the $9,800 lows seen on the weekend. The leading cryptocurrency currently trades for $10,100 as of this article’s writing, down marginally in the past 24 hours. дальше »
2020-9-9 04:00
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“Weak Hands” Have Been Shaken Out On The Bitcoin Crash To $10,000
Bitcoin price this past week collapsed from the 2020 high of over $12,400 to under $10,000. More than seven distinct drops to below $10,000 have been bought up already. During each plunge down, however, some of the weakest hands in the crypto market may have been shaken out, according to one uncommon metric. If that’s […] дальше »
2020-9-9 04:00
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Bitcoin Needs to Bounce Here Or It May Not Be a “Proper Bull Market”
Bitcoin has resumed its descent to the downside as legacy markets have opened in the red once again. The leading cryptocurrency has been flirting with $10,000 all morning, nearing the trend lows. The cryptocurrency is reaching pivotal supports as it continues its descent. дальше »
2020-9-9 03:00
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These Factors Suggest Bitcoin is Building Pressure to Make a Massive Move
Bitcoin is once again teetering on the brink of seeing some serious downside, as the cryptocurrency is struggling to hold above its key $9,900 support The benchmark crypto has yet to plunge beneath this level, but the chances of it being broken do appear to be growing by the hour Most investors are anticipating this to result in a move down towards its CME gap at $9,700, which has yet to be filled Filling this […] дальше »
2020-9-9 02:00
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Bitcoin Just Surged $300 in Two Minutes, Liquidating Millions
Wow. In the span of two minutes, Bitcoin (BTC) spiked $300 from the $9,920 to slightly above $10,200. The leading cryptocurrency proceeded to drop by $200 in the five minutes that followed this rally. дальше »
2020-9-9 01:52
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Eerie Bitcoin Fractal Suggests Ethereum’s Price Is About To Explode Higher
Ethereum just collapsed a full 37% over the last week, following a new 2020 high and a record over 300% rally from Black Thursday lows. But despite how sharp and violent the selloff has been, its possible that the price action is a bullish retest that after confirmation leads to more new highs ahead. According […] дальше »
2020-9-9 23:00
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Bitcoin Price Falls – Why Options Traders Are Expecting Further Decline
The top cryptocurrency by market capitalization reached a year high of about $12,500 on the 17th of August but has seen some significant decline in price recently. Its price fell to as low as $9,981 today, breaking below the $10K level. дальше »
2020-9-9 21:50
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Bitcoin Hammers Key Support Level as All Eyes Continue Watching $10k
Bitcoin has once again faced a massive influx of selling pressure that caused its price to dip back towards its key support at $10,000 The cryptocurrency is navigating beneath this level, which means that it may soon once again test its critical support at $9,900 The multiple tests of this level that it has undergone in recent times seems to indicate that significant downside could be imminent One analyst is noting that a failure to […] дальше »
2020-9-8 21:00
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Data Shows Whales Are Loading Up On Bitcoin, But Why?
Bitcoin price is falling and the market is already fearful of a repeat of Black Thursday. But if massive “high net worth” whales have anything to say about it, another such plummet is extremely improbable. дальше »
2020-9-9 20:00
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Altcoins Could Surge by 70% if Bitcoin is Able to Defend One Critical Level
Bitcoin is once again trading down at its crucial $10,000 support level. Earlier today, bears attempted to invalidate this support when they pushed it to $9,900, but the cryptocurrency was able to rebound from these lows. дальше »
2020-9-9 19:00
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Contrary To Popular Belief, Fiat Money Is Used More For Money Laundering Than Crypto: SWIFT Report
Recent research conducted by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) revealed that cryptocurrencies are not used a lot in money laundering schemes as some critics claim. дальше »
2020-9-9 18:11
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Bitcoin and Gold Correlation Leads to Matching Cup and Handle Patterns
Bitcoin and gold are regularly compared due to the similarities they share. But could those same similarities be the reason for each asset’s price charts forming the exact same continuation pattern? Across two very different timeframes, both the cryptocurrency and the precious metal are forming a cup and handle. дальше »
2020-9-8 18:00
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Bitcoin Briefly Slips Below $10K on Downbeat SPX Sentiment; $9.6K Next?
Bitcoin briefly lost its balance near the $10,000-support on Tuesday as traders remained jittery about its recent fall from $10,500. The BTC/USD exchange rate fell to an intraday low of $9,993, down 3. дальше »
2020-9-8 14:00
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Peter Schiff’s Son Is Buying More Bitcoin Against Father’s Warning
It was recently reported that Ethereum whales are on the rise, Bitcoin whales have also been springing up this month and ironically, the son of popular gold advocate Peter Schiff might have made up the growing number of wallet holders increasing their existing funds. дальше »
2020-9-8 13:05
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This Simple Fractal Indicates Bitcoin Has Bottomed After $2,000 Drop
Bitcoin has collapsed by over $2,000 since the highs of last week. Even after a slight bounce at the $9,800 lows, BTC remains 20% below those highs. Bitcoin’s inability to capture key resistances in the $10,500-11,000 region has left some analysts concerned. дальше »
2020-9-8 13:00
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3 Reasons Why Bitcoin Is Likely Near a Bottom After 25% Retracement
Bitcoin has undergone a strong retracement since the local highs set last week and the year-to-date highs set weeks earlier. At the lows earlier today, BTC was around 25% below the year-to-date highs. дальше »
2020-9-8 13:00
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Bearish S&P 500 Could Drag Bitcoin Further Lower: Glassnode Report
Bitcoin remains at risk of continuing its downward trend as long as the S&P 500 moves lower, says Glassnode. The on-chain analytics platform asserted that traders with exposure in both Bitcoin and the S&P 500 could use the cryptocurrency to offset their losses in the US stock market. дальше »
2020-9-8 12:55
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Bitcoin in “Golden Accumulation Zone” After 20% Plunge: Analyst
It may be the best time for Bitcoin traders to refill their crypto bags now that the asset trades near its multi-week lows, according to analysts at Phi-Deltalytics. The chart analysis portal stated that Bitcoin is in a “golden accumulation zone,” citing a string of fundamental and technical catalysts that could propel the cryptocurrency’s price higher. дальше »
2020-9-8 11:00
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Bitcoin Could Recover Above $10,500 As Double Bottom Pattern Emerges
Bitcoin price retested the $9,900 zone against the US Dollar. BTC seems to be forming a double bottom pattern near $9,900 and it could start a decent increase above $10,500. Bitcoin bounced back above $10,200 after it retested the $10,000 and $9,900 levels. дальше »
2020-9-8 07:08
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Crypto Exchange Volumes Show Investors are Flooding into the Market
Throughout August, the crypto markets witnessed some turbulence. While Bitcoin was primarily stable between $11,000 and $12,000, smaller altcoins saw immense volatility, with the growth of the DeFi industry leading many to see parabolic momentum. дальше »
2020-9-8 05:00
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Why An Analyst Thinks Bitcoin Is “OK” as Long as This Level Holds
Bitcoin has undergone a strong correction over the past few days. The cryptocurrency, after peaking near $12,100 last week, reached a low of $9,800 over the past few days. Bitcoin has since undergone a bounce, with the coin now trading at $10,400 as of this article’s writing. дальше »
2020-9-8 04:00
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Bitcoin “Distribution” Could Lead To Another Arm And A Leg Down
Bitcoin price recently collapsed from $12,400 to under $10,000 after the cryptocurrency presented a near-perfect distribution pattern. If the pattern continues, the market could form a massive head and shoulders top, with a price target of significantly lower. дальше »
2020-9-8 04:00
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Bitcoin Tapping This Key Trendline Could Spark an Explosive Move Higher
Bitcoin has been seeing some rocky price action throughout the past couple of days. There has been an err of caution amongst investors in recent days, with Bitcoin’s position around $10,000 suggesting that its price action in the coming few days and weeks will be pivotal for understanding where it will trend in the days, […] дальше »
2020-9-8 02:00
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Bitcoin Could Plunge to $8,100 if These Key Levels Fail to Hold
Bitcoin’s bulls and bears are currently engaged in a heated battle for control of $10,000, with this crucial level likely being the sole factor that determines its near-term outlook. Analysts are noting that the ultimate reaction to this level will likely provide BTC with serious guidance, as a failure to hold above it could spark a far-reaching downtrend BTC is also approaching a key technical level that bulls must try to defend ardently – its […] дальше »
2020-9-8 02:00
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Argentina’s Borders Crippled By Devastating Ransomware. Hackers’ Demand? $4 Million In Bitcoin
The past couple of days have not been smooth sailing for Argentina’s immigration agency after a cybersecurity breach. Hackers who paralyzed Argentina’s borders in a ransomware attack are demanding to be paid $4 million worth of bitcoin before they can decrypt the files. дальше »
2020-9-8 00:06
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Bitcoin Struggles to Hold Above $10,000 as Risk of Serious Downside Grows
Bitcoin plunged overnight to lows of $9,900 once again, with bulls struggling to defend against it seeing further downside Analysts are widely noting that the cryptocurrency is now at risk of seeing even further downside in the near-term as it struggles to maintain above its crucial support One trader is noting that a continued bout of trading below $10,000 could strike a blow to the crypto’s technical structure He reckons that this will lead BTC […] дальше »
2020-9-7 21:00
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Bitcoin Crossroads Made Clear By Two Remaining Lines in The Sand
After such a strong break of $10,000 and surge to above $12,000, Bitcoin investors are shocked to be back again at the key level rather than onward to more new highs. But with $10,000 acting as such strong resistance for so long, the market may be retesting this critical zone to confirm it as support. […] дальше »
2020-9-7 20:00
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Recent Bitcoin Top Shares Key Similarities With Black Thursday Plummet
Bitcoin’s recent $2,000 crash sent chills down the spines of crypto investors, turning market sentiment from extreme greed to fear in less than 48 hours flat. The sharp drop brought back all too fresh memories of the mid-March Black Thursday market collapse. дальше »
2020-9-7 19:07
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