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Bitcoin Takes a Bit Hit, But Price Action Suggests Limited Downsides
Bitcoin price started a downside correction from the $12,500 resistance against the US Dollar. BTC is currently trading below $12,000, but there are many key supports on the downside. Bitcoin started a short-term downside correction and traded below the $12,000 support. дальше »
2020-8-19 06:58
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Here’s Why Bitcoin’s Hash Rate Has Dropped Around 10% In the Past Day
Although Bitcoin is a decentralized technology, the mining of the cryptocurrency is somewhat centralized in China. Per some reports, around two-thirds of all mining machines are based in the country, concentrated in the river regions where electricity is cheap. дальше »
2020-8-19 06:00
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Bitcoin Investor Profitability Shows There’s Room for Major Upside
Bitcoin’s mounting fundamental strength has been forming a compelling case that upside may be imminent for the cryptocurrency. This underlying strength can be seen on multiple fronts, with the cryptocurrency’s market health growing due to spikes in the asset’s liquidity as well as its investor sentiment. дальше »
2020-8-19 05:00
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Analysts Are Watching This Level After Bitcoin Price Plunged Under $12,000
Bitcoin seriously broke higher on Monday, breaking above $12,400 for the first time since 2019. The asset has since suffered a strong correction to $11,900, where it trades as of this article’s writing. дальше »
2020-8-19 04:00
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Same Indicator That Called March Plunge Raises Chances For Big Bitcoin Drop
Bitcoin has been rocketing over the last several weeks, along with the rest of the cryptocurrency market. Most assets are up over 80% on average since the start of 2020. However, an unorthodox and unusual financial forecasting tool could indicate that a major trend change is playing out across markets, with the turning point taking […] дальше »
2020-8-19 04:00
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As Bitcoin’s Rally Accelerates, Analysts Expect Altcoins to Get Crushed
Bitcoin’s price has remained stable above $12,000 following the strong uptrend it was able to post yesterday The cryptocurrency is now consolidating as bulls attempt to garner greater support It also appears that BTC is trying to test and confirm $12,000 as support. дальше »
2020-8-19 02:00
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Bitcoin Crashes Below $12K as S&P 500 Hits New High – Coincidence?
Bitcoin for the better half of the day was doing great and sitting above higher support. Since climbing above $12K and as high as $12,200 early in the week, the top asset has been moving sideways. This crucial position offered an opportunity for bulls to pull away and top $12,500 and as high as $13K by […] дальше »
2020-8-19 00:41
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How Rising Bitcoin Fees May Have Prevented Post-Halving Death Spiral
Bitcoin price has grown over 40% since the asset’s halving this past May. The market braced for the miner “death spiral” caused by the sudden doubling of the cost of producing each BTC, but it never arrived. дальше »
2020-8-19 23:00
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Here’s Why Bitcoin May Soon See a Sharp “Downside Flush” Despite Stability
Bitcoin has found some strong stability within the lower-$12,000 region following yesterday’s upswing Analysts are widely confident that it is currently caught within the early stages of its next bull run, which may ultimately lead it up towards its all-time highs Despite getting closer to these highs each week, there may still be some turbulence ahead for the cryptocurrency One analyst is noting that high funding rates for BTC on margin trading platform spell trouble […] дальше »
2020-8-19 21:00
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Bitcoin’s Market Cap Is Now Greater Than That Of Bank Of America Following Latest Rally
Bitcoin has been steadily climbing. On Monday, the flagship crypto surged to a new 2020 high just above $12,400. This recent bitcoin bull rally is perhaps highlighted by the fact that the dominant’s market capitalization is now well above that of Bank of America. дальше »
2020-8-18 19:36
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Bitcoin is “On Route” to $13,600 as Bulls Defend Crucial Support
Bitcoin’s strong price action has shown some signs of faltering as the cryptocurrency’s price declines down towards $12,000 following yesterday’s sharp upswing. This level – which was previously heavy resistance – may soon be confirmed as support as the cryptocurrency’s price begins drifting lower. дальше »
2020-8-19 19:00
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Analyst on Bitcoin: Wall Street Isn’t Ready For What’s Next
Bitcoin price just set a new yearly high after pushing above $12,000 and may be gearing up for an explosive move higher. The first-ever cryptocurrency may be finally entering a new uptrend. If this is the case, and the asset continues to follow the stock-to-flow model, Wall Street may be left in shock after having to adjust their chart settings to keep up with Bitcoin’s logarithmic growth. дальше »
2020-8-19 18:16
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Bitcoin Plunges Under $12,000 After Breakout: Here’s What Could Come Next
On Monday, Bitcoin underwent a notable breakout. The asset surged from the $11,800 baseline it was trading at to a daily high just shy of $12,500 in the span of hours. The move brought BTC above the pivotal $12,000 region, which acted as resistance at the highs of three separate rallies over the past two […] дальше »
2020-8-19 17:28
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Perfect Track Record Top-Sniping Tool Signals Bitcoin Uptrend End Is Near
Bitcoin today broke up through resistance at $12,000, pushing higher and higher along its powerful uptrend. Not since 2019 has Bitcoin had this much bullish momentum behind it. However, a top-sniping signal that called the top in 2019, the 2018 catastrophic drop to $3,000, the 2017 top, and even Black Thursday, is now signaling that the top may soon be in again. дальше »
2020-8-19 17:00
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Traders Reveal Where Bitcoin Price Is Likely Headed After Passing $12k
Bitcoin finally breached its two-week-long struggle to regain the $12k sentimental level a few hours ago. Data from TradingView shows Bitcoin went as high as $12,457, gaining as much as 4. 45% before pulling back and settling at the current 3. дальше »
2020-8-18 16:02
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Bitcoin Is Up 45% Since the Halving: Is There More Upside on Its Way?
Bitcoin has performed extremely well over recent months, despite the dismal macroeconomic outlook. As of this article’s writing, BTC trades for $12,400, up around 4% in the past 24 hours. This is the highest the cryptocurrency has traded at this year. дальше »
2020-8-19 15:00
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Why Bitcoin Price Could Be On The Verge Of Another Catastrophic Drop
While many analysts are still pointing to more upside for Bitcoin’s price in the coming months, a popular indicator suggests that the current top is already in. The analyst who goes by the moniker of ‘CryptoWhale’ alerted his followers on Twitter of transactions by big market players involving 400,000 BTC being moved around in the […] дальше »
2020-8-18 11:43
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According To This Analyst, There’s a 30% Chance That Bitcoin Reaches $17,000 By Year-End
Bitcoin has been in a consolidation phase in recent weeks. Despite the long-term outlook for bitcoin remaining overwhelmingly bullish, it seems that the short-term progress is being hampered by the stubborn resistance at the $12-13K region. дальше »
2020-8-18 11:07
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Here’s Why Bitcoin Is Primed to Move Towards $13,000
Bitcoin is surging higher after holding in the high-$11,000s for a number of days. As of this article’s writing, the leading cryptocurrency trades for $12,150. Although this is not much higher than the breakout zone at $12,000, analysts are optimistic about what’s next for the market. дальше »
2020-8-18 08:00
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This Bullish Continuation Pattern Suggests Bitcoin Could Rally Above $12,500
Bitcoin price gained nearly 5% and it tested the $12,500 resistance against the US Dollar. BTC is currently correcting gains, but technicals suggest more upsides above $12,500. Bitcoin broke the main $12,000 resistance area to start a strong upward move. дальше »
2020-8-18 07:08
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Despite Surge Past $12k, a Fund Manager Thinks Bitcoin Is “Still a Dying Asset”
Many Bitcoin skeptics have been turned into bulls as the asset continues to press higher despite a harrowing macroeconomic backdrop and other risks. There remain many critics of the leading cryptocurrency, though. дальше »
2020-8-18 06:00
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Crypto Market Enters “Extreme Greed” Territory as Bulls Grow Aggressive
The crypto market has been caught in the throes of an incredibly strong uptrend ever since it bottomed in mid-March. The decline seen at this time was intense, with Bitcoin plunging to lows of $3,800 while Ethereum set lows within the sub-$100 region. дальше »
2020-8-18 05:00
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Altcoins Set to Underperform? Bitcoin Dominance Prints Reversal Signal
While Bitcoin has performed well in recent weeks, some altcoins have done even better. Take the example of Chainlink (LINK), which has almost doubled in the past month. With many altcoins outpacing BTC, the Bitcoin dominance metric has plunged. дальше »
2020-8-18 04:00
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Blast From the Past: Bitcoin Following Black Thursday “Supercycle”
Bitcoin price has just today set a new high for 2020 and is showing no signs of slowing down. However, as greed reaches extreme levels and ROI is stacking across the board, could the cryptocurrency see a surprise correction? According to a chart that first debuted around Black Thursday, this latest high will result in […] дальше »
2020-8-18 04:00
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These 4 Trends Show Bitcoin Is on the Verge of a “Multi-Year Bull Run”
Bitcoin is pressing higher after consolidating under $12,000 for two weeks. The asset trades at $12,400 as of this article’s writing, having broken above important resistance levels. BTC remains below critical long-term resistances at $14,000, but analysts are expecting the start of a macro bull run. дальше »
2020-8-18 02:59
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Here are the Levels Analysts are Watching That Will Determine Bitcoin’s Future
Bitcoin has been trading within a large range throughout the past several weeks This has done little to offer investors with insights into the cryptocurrency’s mid-term trend That being said, bulls are now striving to break above the upper boundary of this range, with a confirmed and sustained break being an incredibly bullish sign for BTC Top traders are still expressing caution when it comes to the cryptocurrency’s short-term outlook One trader is noting that […] дальше »
2020-8-18 02:00
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Binance Records All-Time High In System Traffic As Bitcoin Gains $11 Billion
Leading cryptocurrency exchange Binance has reported a new record high of system activity. The exchange’s CEO Changpeng Zhao says the current activity is greater than that of December 2017 around which time Bitcoin reached its all-time high price of roughly $20,000. дальше »
2020-8-18 00:07
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Bitcoin Dominance Readies Deadly Blow Against Altcoins, Indicator Says
Bitcoin is up over 70% year to date and its recent break through resistance at $10,000 helped propel altcoins toward even stronger ROI. Several altcoins are up well over a few hundred percent, beating out the first-ever cryptocurrency by a wide margin. дальше »
2020-8-18 23:00
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Bitcoin is Poised to Push Towards $14,000 After Posting Bullish Weekly Close
Bitcoin has continued consolidating within the upper-$11,000 region overnight This extended period of sideways trading has come about despite it facing multiple recent rejections at $12,000 Its inability to break above this level has so far not led it to see any notable near-term downside, with $11,700 becoming a strong level of support This support level was previously a crucial resistance that it was struggling to close above Yesterday marked the first daily – and […] дальше »
2020-8-18 21:00
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Bitcoin Hashrate Hits Record High As BTC Price Sets New 2020 High Of $12,300
Bitcoin’s July rally had stalled just below the $12K psychological level which many people suggested was the only hurdle before the crypto took off. Yet, it appears that the bulls have awakened once again as BTC surges to a new 13-month high above $12,300. дальше »
2020-8-17 19:58
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These Two Liquidity Regions Could Spark a Sharp Bitcoin Price Decline
Bitcoin is currently catching some upwards momentum that has sent it past its key resistance level at $12,000. Although the crypto has yet to post a significant break above this level, bulls do appear to be building strength following the strong weekly close that BTC posted yesterday evening. дальше »
2020-8-18 19:00
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Bitcoin Blasts Back Above $12,000, Sets New High For 2020
Bitcoin’s price this morning blasted clean above $12,000 for yet another attempt to hold above the key level. The latest move also has set a new high for the year. Will this latest performance from bulls lead to a much stronger push higher to retest $14,000, or after so many weeks of positive momentum, is the trend started to near its end? New 2020 Record High Set For BTCUSD After Monday Morning Mayhem This morning, […] дальше »
2020-8-18 18:04
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Anthony Pompliano Sees Bitcoin Beating Gold’s Market Cap By 2029
The Bitcoin market continues to generate quite a vibe within the crypto industry. Some people have even gone out of their way to make some pretty serious predictions for the Bitcoin market going deep into the future. дальше »
2020-8-17 16:35
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This Textbook Chart Pattern Predicts Bitcoin Will Hit $13,000 Imminently
Bitcoin has stalled despite posting a weekly close above the pivotal $11,800 level that analysts eyed. BTC remains in a textbook bullish chart pattern. That pattern is an ascending triangle, which has been a pattern of importance throughout Bitcoin’s history. дальше »
2020-8-18 13:00
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It’s Decision Time for Bitcoin as Technicals Suggest a Crucial Breakout Pattern
Bitcoin price is trading in a range above the $11,700 support zone against the US Dollar. BTC is likely to surge higher once it clears the main $12,000 resistance zone. Bitcoin is trading in a positive zone above the $11,700 and $11,750 support levels. дальше »
2020-8-18 07:18
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A Massive Bitcoin Price Move Is Likely Imminent… Again: Here’s Why
Bitcoin has consolidated between $11,000-12,000 over recent weeks. While the consolidation has only lasted for just over two weeks, prices are tightening again. By indicators like the width of the Bollinger Bands, volatility is reaching notable lows yet again. дальше »
2020-8-18 04:00
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Here’s Why $12,000 Is Bitcoin’s “Last Great Resistance”: Analyst
Bitcoin has struggled immensely at the $12,000 resistance over the past two weeks. On at least four separate occasions over this time frame, the leading cryptocurrency has been cleanly rejected at $12,000. дальше »
2020-8-17 02:59
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Here’s the Level Bitcoin Traders Should Be Watching for the Weekly Close
Bitcoin’s weekly candle close is coming up. It is set to take place in around two hours after this article’s publishing time. BTC is trading flat in the past 24 hours, having found support in the $11,800 region. дальше »
2020-8-18 01:00
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Why Bitcoin May See an Explosive Rally Despite Recent $12k Rejection
Bitcoin and the entire cryptocurrency market have been seeing some rather mixed price action in recent weeks. Although the benchmark digital asset currently remains caught within a prolonged consolidation phase within the upper-$11,000 region, it has been facing multiple rejections at $12,000 that have hampered its near-term outlook. дальше »
2020-8-17 01:00
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Warren Buffett Would Never Buy Bitcoin, Peter Schiff Posits
Warren Buffett is arguably what Peter Schiff is to Bitcoin; a gold critic, who has for the longest time declared his distaste for gold and other precious metals. The latest on unbelievable news involves his company Berkshire Hathaway slashing its shares in several traditional market giant companies like JP Morgan, and Wells Fargo and moving […] дальше »
2020-8-17 00:00
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Bitcoin And Tesla Have Become Hot Favourites Among Americans Thanks To Their Outstanding Yearly Returns: TradingView
2020 has been a landmark year for both Tesla stock and bitcoin. The two assets have enjoyed spectacular price hikes in the course of the past seven months or so. These impressive strides have brought Tesla and bitcoin into the limelight especially among Americans. дальше »
2020-8-17 20:08
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Another Bitcoin Cash Fork In The Works, Should This Worry BTC Investors?
It has surfaced on Reddit that disagreement within the Bitcoin Cash community could lead to yet another fork. Bitcoin Cash is a fork of Bitcoin and has since forked to give birth to the highly controversial Bitcoin SV. дальше »
2020-8-17 19:18
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Here’s How High One Trader Expects Bitcoin to Climb Before Forming a Top
Bitcoin faced yet another $12,000 rejection yesterday that caused the cryptocurrency’s price to reel down towards $11,700 This level appears to have been established as support, as buyers ardently defended against any break below it It now appears that the crypto’s short-term technical outlook remains unchanged, as BTC is still consolidating within the upper-$11,000 region As for where it may go next, one analyst explained that he is looking towards $13,000 as a near-term target […] дальше »
2020-8-17 19:00
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Warren Buffett Will Buy Bitcoin Soon, Says Morgan Creek’s Jason Williams
On Friday, it was reported on several major news outlets that American billionaire investor Warren Buffett’s company Berkshire Hathaway bought 21 million shares of Barrick Gold worth $563 million. This is something investors like Buffett (known as value investors) have not done before. дальше »
2020-8-17 16:29
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Bitcoin Breaking This Confluence Resistance Could Spark a Significant Surge
Bitcoin is trading in a bullish zone above the $11,650 level against the US Dollar. BTC is likely to accelerate higher once it clears the key $12,050 resistance zone. Bitcoin is gaining bullish momentum and it is approaching the $12,000 resistance zone. дальше »
2020-8-16 07:28
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Gold Bull Peter Schiff Still Thinks Bitcoin Is a “Fad” on Its Way to Zero
Gold bull Peter Schiff has not been convinced by the rally in Bitcoin’s price, despite the positive macroeconomic trends underpinning it. The long-time crypto skeptic doubled down on his sentiment in a number of tweets. дальше »
2020-8-16 07:00
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Is Bitcoin Really In a Bull Market? Here’s Why Analysts Think BTC Isn’t
Bitcoin has done extremely well over the past few weeks. Since the start of July, the leading cryptocurrency has gained approximately 30% against the dollar, outperforming a majority of other macro assets. дальше »
2020-8-16 03:00
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These 4 Factors Show Why It’s Hard to Be Bearish on Bitcoin Right Now
There remain some Bitcoin bears despite the ongoing push higher. One trader said that due to BTC’s failed attempts to break past $12,000, the cryptocurrency could move towards the $8,000s or $9,000s. дальше »
2020-8-16 02:59
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Why Bitcoin Is Entering “Slightly Dangerous” Territory After Rally to $12k
Bitcoin has begun to trend higher over the past few days after a drop towards $11,000. As of this article’s writing, BTC trades for $11,900, trading slightly below Friday’s high of $12,000. дальше »
2020-8-16 00:00
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Here’s How Warren Buffett Dumping Bank Stocks For Gold Could Launch Bitcoin Price To $50,000
Warren Buffett’s Berkshire Hathaway has dumped the shares of banks and other financial companies while buying shares of Barrick Gold during the quarter that ended on 1 July. This investment came as a huge surprise to many given how Warren Buffett has constantly criticized gold in the past. дальше »
2020-8-16 21:53
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