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Bitcoin Kicks Off August On A Strong Foot, But Can The Bulls Reclaim $60k This Month?

The year has been Bitcoin’s best since November of 2020 when the bulls showed that they had arrived. The early part of this year saw analysts, investors, and traders extremely confident in the bulls’ abilities to sustain newly attained price levels, and it was so for the first quarter of the year until it wasn’t. […] дальше »

2021-8-2 21:01


Cryptocurrency Purchases Fuel 56% Jump in Visa’s Overseas Spending; MasterCard Launches New Program

While Visa is now warning about the frenzy slowing down as crypto purchases fall back to pre-April levels, they are “still running at a level that is higher than it was six months ago.” The post Cryptocurrency Purchases Fuel 56% Jump in Visa’s Overseas Spending; MasterCard Launches New Program first appeared on BitcoinExchangeGuide. дальше »

2021-7-29 19:21


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On-Chain Findings: Bitcoin Needs To Quickly Attain These Price Levels In Order To “Get Out Of The Woods”

Bitcoin traded below low ranges last week, specifically at a daily low of $29,360. The market has been paying attention to the trends, affirming that Bitcoin’s dip below $30,000 was inevitable. In fact, prices were expected to hit lower levels, had the bears remained as resilient with their quest, which is still on. Bitcoin is […] дальше »

2021-7-26 15:07


Investing In Bitcoin Mining Businesses Is Also A Sign Of Institutional Acceptance

Last quarter, the New Jersey Pension Fund invested heavily in two Bitcoin mining giants. A small step for institutional investors, the move might represent something much bigger. There’s a hunger for Bitcoin exposure at the highest levels, but just owning the asset might be too risky or inconvenient for some of those big players. дальше »

2021-7-24 10:41


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Bitcoin On-Chain Data Reveals Harsh Truth About Market’s Divided Direction After BTC Failed to Surge Past $30k

Bitcoin has failed to surge past $30,000 after teasing a possible jump to higher levels on the 18th of July when prices hit a daily high of $32,399. Market anxiety heightens as Bitcoin staggers downwards After closing at a low of $31,900 yesterday, it was clear that the bears rejected prices at $33,000, causing the […] дальше »

2021-7-23 16:12


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Incoming Bitcoin Volatility Squeeze Likely To Ignite Bullish Tornado

A volatility squeeze usually takes place when the volatility of an asset drops below its recent levels, causing the asset to enter a period of consolidation. Bitcoin is about to get greener As of today, analyst William Clemente confirms that Bitcoin is entering its first major volatility squeeze, following the last one in April that […] дальше »

2021-7-15 18:00


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Bitcoin Price Trapped Between Key Resistance and Support Levels —Analysts Warn Losses Can Extend

Starting June 21, Bitcoin price has been trapped between $36,000 and $31,000 levels, constituting key resistance and support levels, consecutively. In addition, over the last 48 hours, Bitcoin price recorded a relatively high at around $34,200 and an intraday low of around $32,650, as per data by Coinmarketcap. Zooming out, it is easy to perceive […] дальше »

2021-7-15 18:45


Bitcoin Volatility Plunging While OI on Binance Is Surging with GBTC Sellers Buying BTC

Trading around $34,500, Bitcoin’s price remains range-bound between $30k and $40k. The lack of any price action has volatility simply plunging to April levels. Amidst this low volatility, Bitcoin’s correlation with the S&P 500 has started to rise in recent weeks while the leading cryptocurrency’s correlation with commodities continues to fall. дальше »

2021-7-12 15:27