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Options Traders are Nearly All Long on Bitcoin; What This Means for BTC

Bitcoin’s week-long bout of consolidation appears to be leading options traders to grow increasingly bullish on the cryptocurrency Data shows that options traders are nearly all anticipating BTC to see further upside in the weeks and months ahead There are multiple factors, however, that suggest it is poised to see downside in the near-term These factors include rising funding, a high quantity of underwater long positions, and its multiple failed attempts to break above $10,000 […] дальше »

2020-6-10 02:00


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Bitcoin Gets Rejected Once More by $10,500 Resistance

On June 1, the Bitcoin (BTC) price broke out from a pattern that had been in place for nearly one month and proceeded to reach a high of $10,380. While this is a very bullish development, the price has yet to move above a crucial resistance area that will likely determine the direction of the […] The post Bitcoin Gets Rejected Once More by $10,500 Resistance appeared first on BeInCrypto. дальше »

2020-6-3 19:58


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Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts

Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate even more shorts in an attempt to fuel an uptrend The crypto has been rejected within the $9,200 region, however, which could halt its short-term uptrend Analysts are now also noting that heavy resistance just above Bitcoin’s current price level could be enough to fuel […] дальше »

2020-5-28 23:00


Massive Bitcoin Volatility Expected After 4 Consecutive Daily Doji Candles

Bitcoin price has been more volatile than ever, following an early 2020 rally to above $10,000, followed by a record-breaking historic plunge to below $4,000 just days later. The price action in between has been nearly as explosive, however, over the last four days, the daily has closed with four consecutive daily doji candles, indicating... дальше »

2020-4-16 20:30


Bitcoin’s Correlation with S&P 500 Jumps to A New High, But So Does With Gold

The price of Bitcoin has jumped nearly 90% since hitting a year low in mid-March, currently trading above $7,300. Not just price, the hash rate has also started coming back up, increasing by 7.3%. This means inefficient miners have started to capitulate and are being replaced by efficiency miners, “which is positive for the long-term […] дальше »

2020-4-9 19:29


BTC’s Massive Sell-Off Makes Reward Halving a ‘Shit Deal’ for Miners; 59 Days Remaining

The global market sell-off has not only resulted in the Dow Jones Industrial Average tumbling into a bear market at a furious pace on Thursday but also in the bitcoin and crypto market as well. The world’s leading cryptocurrency today fell to May 2019 levels at nearly $5,700 before keeping above $6,000. The digital asset […] дальше »

2020-3-13 21:24


Bitcoin Fundamentals Call for $8,000, But BTC Could Fall Lower If Resistance Doesn’t Hold

Bitcoin is in a deep red mode. The leading cryptocurrency is under correction since going above $13,000 on July 10th. Just like the last time, on June 26th when we nearly touched $14,000 only to drop down to $9,600, this time as well we have dropped below $10,000. Since hitting $13,000 earlier last week, we […] дальше »

2019-7-15 16:00


Bitcoin Price Sharp Drops 30% from 2019 High to Land Near $9,700

Since June 23, within a two-week span, the bitcoin price fell from $13,868 to $9,711, demonstrating a sharp correction of nearly 30 percent. The “Real 10” volume of bitcoin, which refers to the total verifiable volume of the dominant crypto asset taken from ten exchanges verified to have real volume above $1 million by Bitwise […] The post Bitcoin Price Sharp Drops 30% from 2019 High to Land Near $9,700 appeared first on CCN Markets дальше »

2019-7-2 13:33