Crypto Whale Buying Activity Is Good and Bad News for Bitcoin Bulls

2019-6-10 00:00

By CCN: A bitcoin analyst and blogger confirms that the recent rise in the bitcoin price was not due to any kind of organic investor flow. My theory was that crypto whale traders swooped in late last year not merely because of the 85% decline in BTC but because of a key technical trading factor – and nothing more.

Willy Woo confirms that the recent price rise was driven more by whales buying and trying to manufacture a short squeeze. This is both good news and bad news for bulls. Good News for BTC Bulls The good news is that

The post Crypto Whale Buying Activity Is Good and Bad News for Bitcoin Bulls appeared first on CCN Markets

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good bitcoin bulls crypto whale bad buying

Источник: ccn.com

good bitcoin → Результатов: 126


Bitcoin a Good Buy if Trade Tension Persists, Admits Wall Street Skeptic

By CCN: The frequently volatile stock market provides rare hideouts for investors but one of them could be bitcoin, according to Mr. Peter Boockvar of Bleakley Advisory Group. The chief investment officer said this week that a sharp rise in bitcoin price indicated that investors were unsure about the Federal Reserve’s stance on interest rate cuts, as well as about the outcome of an ongoing trade war between the US and China that kept buying sentiment weaker in both the Western and Asian stock markets.

2019-6-7 11:28


Bitcoin [BTC] could consolidate at $10,000 for a while if $12,000 is rejected, claims Vinny Lingham

The cryptocurrency market has been eagerly waiting for Bitcoin [BTC] to cross $9,000, however, that did not stop crypto enthusiasts from predicting what would happen of BTC after $9k. Vinny Lingham, the Chief Executive Officer [CEO] of Civic and a major Bitcoin proponent, had previously talked about how BTC dips were a ‘good buying opportunities’.

2019-6-2 20:30


Coinbase Sides With Bitcoin Cash (BCH) Miners on 51% Attack Smack

By CCN: Coinbase researchers have released their own investigative findings into the recent Bitcoin Cash 51% attack controversy, and their conclusions might upset many Bitcoin maximalists. When Bitcoin Cash came under attack during a scheduled hardfork in mid-May, a group of miners colluded to reverse the attacked blocks and return misappropriated funds to their rightful owners.

2019-5-31 17:20


Bitcoin SV [BSV] will absorb every other cryptocurrency in the future, claims Calvin Ayre

Whether it’s in the social media, or on the price charts, Bitcoin SV [BSV] has this uncanny ability to stoke the attention of the cryptocurrency industry, at times for good, most times for bad. The communications spearhead for the BSV project, Calvin Ayre, owner of their mouthpiece Coingeek stated that their cryptocurrency will eventually “absorb” […] The post Bitcoin SV [BSV] will absorb every other cryptocurrency in the future, claims Calvin Ayre appeared first on AMBCrypto.

2019-5-30 09:30


US Federal Attorney: Bitcoin Used to Indict Suspected Fentanyl, Proves It is No Good for Evading Authorities

Another suspected dark web drug dealer is about to stand trail because he wrongly believed Bitcoin transactions were entirely anonymous. This has prompted the US Attorney for the Northern District of Texas, Erin Nealy Cox, to issue a warning for all those attempting to deal drugs online using Bitcoin.

2019-5-30 00:00


Bitcoin [BTC] looks really good when you align it next to gold, says Ikigai CIO Travis Kling

The digital asset world has been rocked by several scams and negative news over its lifetime. However, the current bullish scenario seems to have provided a reprieve from it. This was a topic discussed in the latest WhatBitcoinDidPodcast hosted by Peter McCormack, where he spoke to Travis Kling, Founder and Chief Investment Officer of Ikigai […] The post Bitcoin [BTC] looks really good when you align it next to gold, says Ikigai CIO Travis Kling appeared first on AMBCrypto.

2019-5-29 01:30


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