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Bitcoin Price Parabola Reaches 90 Degrees, Sizable Correction To Follow

As the phrase goes, “what goes up, must come down.” And this is even more true for anything that goes up a little too fast – something Bitcoin price is known for. The cryptocurrency’s latest rally has now gone parabolic, and according to “the stick method” it has reached a 90-degree angle, potentially signaling a... The post appeared first on NewsBTC. дальше »

2020-1-28 19:00


Bitcoin Reaches ‘Logical’ Support As Volatility Wanes, Explosive Move Incoming

After Bitcoin price rocketed last month from lows around $6,400, the crypto asset touched over $9,000 before falling lower to what a well-known financial market analyst says is “logical support.” Meanwhile, a tool designed by the analyst suggests that volatility in the Bitcoin market is reaching bear market lows, potentially signaling that an exceptionally explosive... The post appeared first on NewsBTC. дальше »

2020-1-24 00:00


Bitcoin’s hash rate reaches all-time high after a major difficulty adjustment

While many analysts predicted Bitcoin’s mining difficulty will rise around 8 percent, few believed it would continue to increase at the same pace in the days following the adjustment. According to data from CoinMetrics, the difficulty increased 7 percent after the adjustment, with the hash rate reaching an all-time high of 14. дальше »

2020-1-16 18:00


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Don’t Long Bitcoin Now Says Investor as Miner Capitulation Reaches Day 27

The bitcoin price has fallen by 50 percent since July from $13,900 to sub-$6,900. The steep drop caused mining to be less profitable, causing small miners to sell-off. Bad idea to long dropping bitcoin hashrate During miner capitulation, small miners and mining centers tend to sell-off their holdings to cope with declining market sentiment. дальше »

2019-12-17 13:02