Analysis: Why has Bitcoin lost nearly 30% in 7 weeks since its $109K all-time high?

For seven weeks in a row, Bitcoin price has experienced several retracements, falling from its peak of $109,000 in January to a Mar. 11 low of around $77,000.  The drop has resulted in the loss of about 30% of Bitcoin’s…

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CryptoQuant CEO Predicts Bitcoin Crashing Down To $77,000 Before Bull Market Resumption

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Bitcoin ETFs shed $1.3B over 2 weeks amid market slump

Bitcoin ETFs have seen outflows of $1.3 billion Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months.

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Bitcoin ETF Surges: Last 4 Days Inflows Outpace Initial Weeks

Bitcoin (BTC) Spot Exchange-Traded Funds (ETFs) are currently in the limelight as the products have seen massive net inflows in the past few days than in the initial weeks of introduction, dominating the market of crypto investment products.

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Bitcoin Price on Track for New Golden Cross After 7 Consecutive Weeks of Winning

Bitcoin has risen for seven weeks in row, surpassing $42,000 level

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Bitcoin Price Forecast Splits As Bears Target $12K Crash, Bulls Debate Peak Scenarios

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Ordinals Project Surpasses 11,000 NFT Mints In Weeks Amid Criticisms From Bitcoin Maxis

For the past few weeks, the Bitcoin (BTC) community has been divided over the introduction of non-fungible tokens (NFTs) to the blockchain last month, with many calling for more innovations on the blockchain.

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Bottom Signal: Bitcoin MVRV Ratio Falls To Three-Year Lows

Bitcoin is still stalling in terms of its price movement and has not made any significant jumps in the past couple of weeks. However, there could be a change in the trajectory of the digital asset in the coming weeks as the Bitcoin MVRV Ratio could be announcing a bottom signal.

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Dogecoin Co-Founder Predicts Bitcoin Will Hit $100,000

The largest cryptocurrency, Bitcoin, has suffered a 5% decline from its $20,000 level, which it has maintained for a couple of weeks. However, during the short rally a few weeks back, Bitcoin’s valuation recovered from its three-month low, shooting above $21,000.

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Analyst on Bitcoin: If there's any headline that's going to help push bitcoin...

It was a good week for Bitcoin bulls, as the king coin climbed up by 10% to finally trade above $34k after weeks of hovering below this resistance. At press time BTC was trading at the $38k level.

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Bitcoin Bounces as $6.4B in Options Expire, Institutional Buying Slows Down: What’s Next? 

The past few weeks have been hard on crypto bulls, as Bitcoin and the broader crypto market continued to sell off. Since reaching an all-time-high of $61,500, Bitcoin plunged 16% in a matter of a few weeks, shedding $100 billion in market capitalization.

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Why it's critical to monitor Bitcoin miners' position over the next 2 weeks

The narrative of a bear-led correction is always around, even during the headiest of bull runs. A similar situation is unraveling at the moment, with many still expecting Bitcoin's performance to takeThe post Why it's critical to monitor Bitcoin miners' position over the next 2 weeks appeared first on AMBCrypto.

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Room to Rally: Bitcoin’s Risk-Adjusted Returns are Steady at 6 Year+ Levels

Bitcoin has been on a tear throughout the past few weeks, with its price action heating up as bulls try to flip $40,000 into a support level If the crypto continues holding above this previous resistance, it could allow for significantly further upside in the days and weeks ahead One analyst explained that although it […]

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Mike Novogratz thinks the Bitcoin price could correct after gaining 100% in weeks

Bitcoin has undergone an extremely strong rally over the past few weeks, shocking most investors. The post Mike Novogratz thinks the Bitcoin price could correct after gaining 100% in weeks appeared first on CryptoSlate.

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Bitcoin’s “Main Bull Phase” Has Arrived: On-Chain Analyst

Bitcoin has undergone a strong rally over recent weeks that has nearly brought it to $30,000. The leading cryptocurrency currently trades for $29,900, far above where it was just weeks ago. Analysts think that the main Bitcoin bull phase is here.

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Bitcoin Climbs to Two Weeks High Ahead of FOMC Update; What’s Next?

Bitcoin prices edged higher on Wednesday as traders pinned hopes on the ongoing stimulus talks and fresh guidance from the Federal Reserve. The flagship cryptocurrency rose up to 2.18 percent to $19,866, its best level in two weeks, after breaching above the previous resistance area between $19,500 and $19,600. The move uphill accompanied a spike […]

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Bitcoin Has a Higher Market Cap Than All Public Companies But 17

Bitcoin has seen a strong surge over recent weeks amid a muted background for the stock market. The price of the leading cryptocurrency has rocketed higher by approximately 70% in the past five weeks while the S&P 500 has only gained a few percent over that same time frame. This rally in the price of […]

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Bitcoin Tops $11K for First Time in Almost 3 Weeks

Bitcoin appears to have broken out of its tight trading range over the past two weeks, between roughly $10,500 and $10,800.

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The Last Time This On-Chain Metric Was This Low, Bitcoin Surged 150%

Bitcoin’s price has been slipping lower over recent days and weeks. From the recent highs set just two days ago, BTC is down by around 2-3%. From the year-to-date highs set two weeks ago, Bitcoin has shed closer to 20%.

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Investors Buying Bitcoin Amid Price Slump to Near $10K, Data Shows

Despite bitcoin shedding over $2,000 in the last few weeks, the "buy the dip" mentality in the market still appears strong.

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Bitcoin Is At a “Pivotal Level” That May Rapidly Boost BTC to $10,400

It’s been an explosive past week for Bitcoin. After flatlining around $9,200 for weeks, the leading cryptocurrency surged as high as $9,690 on top exchanges during Thursday’s trading session.

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84% of Crypto Twitter Is Buying or Holding Bitcoin, Boosting Bull Case

There have been many analysts over recent weeks arguing that Bitcoin is clearly at a market top. As NewsBTC covered two weeks ago, one trader commented that the cryptocurrency is trading in line with a textbook “distribution” pattern.

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This Technical Pattern Predicts Nightmare Bitcoin Downtrend For At Least 18 Weeks

Bitcoin has registered a generally lackluster performance over the past couple of weeks as it fails to make a decisive move. The crypto-asset has been oscillating within the mid-$9k level, all while the US stock market rockets to new highs.

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CME and Bakkt Bitcoin Futures See Largest Daily Volume in Weeks

Bitcoin’s price uptick has led to a spike of Bitcoin futures trading on both the CME and Bakkt. Cryptocurrency trading across the board has been depressed in the last few weeks as most pay closer attention to macroeconomic indicators.

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Recent Bitcoin Difficulty Adjustments Could Boost Price Past $10k In Few Weeks, New Data Reveals

Just 2 weeks ago, both the crypto and the stock market plummeted to historically low levels. However, Bitcoin and some altcoins have been able to recover quite nicely, in fact, Bitcoin is currently trading at $6,628, an 80% price increase from the low at $3,782.

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Analyst Who Predicted Bitcoin’s Crash to $3,000 Says This Comes Next

Over the past few days, Bitcoin saw some bullish price action for the first time in weeks. This rally took the asset as high as $6,900, up 80% from the $3,800 bottom seen last week and up 28% from the $5,400 baseline.

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Bitcoin Has Erased Over 45% of 2019 Sell-Off in Just 7 Weeks

In just seven weeks, bitcoin has recovered over 45 percent of the value lost in the second half of 2019.

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Bitcoin Price Jumps 10%, But Bull Reversal Still $700 Away

Bitcoin logged its biggest daily gain in seven weeks on Wednesday, neutralizing the bearish scenario.

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Bitcoin Price Spikes 30% in 2 Weeks as FX Wars Fuels Crypto Rally

The bitcoin price is up by more than 30 percent in less than two weeks against the U.S. dollar following a 127 percent year-to-date gain from $4,000 to $9,100. Fundamentals such as the hash rate of the Bitcoin blockchain network remains strong amidst an intensifying currency crisis as a result of the trade war between […] The post Bitcoin Price Spikes 30% in 2 Weeks as FX Wars Fuels Crypto Rally appeared first on CCN Markets

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Bitcoin may soon break out of the bear’s hold after 2 weeks of downtime

26th June, 2019 marked the day when Bitcoin peaked at $13,800 to everyone’s delight. However, as the cryptospace braced itself for another bullish sprint and anticipated higher highs towards the end of the year, the jubilation was cut short.

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Bloomberg Report: Fidelity Will Start Institutional Bitcoin Trading Within Weeks

Bloomberg: United States $7 trillion investment firm Fidelity will reportedly roll out bitcoin (BTC) trading for institutional clients in the coming weeks

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Bitcoin Cash: Schnorr Signatures to go live in two weeks on mainnet in an effort to increase privacy

Story to be updated.

The post Bitcoin Cash: Schnorr Signatures to go live in two weeks on mainnet in an effort to increase privacy appeared first on AMBCrypto.

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Bitcoin Price Watch: Currency Spikes to Its Highest Point in Weeks

At press time, the father of cryptocurrency is trading for just under $3,900. The asset has spiked by a few hundred dollars over the past week, and enthusiasts are looking at the future through a hopeful lens, though many are still waiting for bitcoin overcome that $4,000 resistance level.

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GalaxyBTC Crypto Analyst Thinks February 8, 2019 Could Be the Start of a Bitcoin Bull Market Rally

Earlier today, the price of Bitcoin witnessed a surge of over 10%– thereby allowing the premier alt-currency to break through its stubborn resistance region of $3,480-3,500. This sudden increase came after weeks of stagnancy, which saw the flagship asset dip to record lows over the course of the past year or so. However, the question […]

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Bitcoin Price Watch: Currency At $4,000 for the First Time in Weeks

Good news, folks! After weeks of humiliation and steady price declines, the father of cryptocurrency is once again past the $4,000 mark. This was a feat very few analysts said could happen, and many were certain that bitcoin would continue to sink.

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BTC, ETH And XRP Still Unsettled Moving Through September

As we settle into September, we want to look at the performance of the markets over the past few weeks. Through July and August we had expected markets to fly, if only on a temporary basis. What we have seen however is the complete opposite.

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Bitcoin Could Rally to $10,000 But Must First Be Able to Hold at $7,150 for a Few Weeks, Says Expert

August was a thrilling month for all crypto investors. Bitcoin, the world’s largest cryptocurrency in terms of market value, plunged by more than $1,400 in less than 10 days, which is a steep drop by any standard that it caused many traders to fear that it might breach the $6,000 mark.

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Bitcoin Price Analysis: Bull Breakout or Bearish Reversal?

Bitcoin is working hard to overtake the $7,300 mark. However, the holding aspect that has proven problematic. Bitcoin Price Market Overview Bitcoin continues to reject at $7,300 even though it has staged a few inspiring pops above the $7,300 resistance.

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Markets Update: While Cryptocurrency Traders See Gains, Shorts Stack Up

Cryptocurrency markets have shown some strength over the last seven days as many digital assets are up between 3 to 40 percent. At the time of publication, the entire digital currency market capitalization of all 1600+ cryptocurrencies is around $239B USD.

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Bitcoin (BTC) Begins The Week In Red But There Isn’t Much Room For Further Downside

Bitcoin (BTC) is an uptrend as the price seems to have entered a new ascending channel that can be seen on the 4H chart for BTC/USD above. This channel has held so far since the last few weeks of August and can be seen as the gateway to a trend reversal.

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Cryptocurrency Market Update: Bitcoin Cash Boosted on Stress Test Day

FOMO Moments Sunday seeing further gains; Bitcoin Cash, Neo and Verge all performing solidly. That green feeling has continued over the weekend in crypto land as the recovery gains momentum. Market capitalization has climbed a little again pushing it over $235 billion, its highest level for over three weeks.

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Golem (GNT) Climbs Aggressively Against Bitcoin (BTC) And Ethereum (ETH) As Price Bottoms Out

Golem (GNT) is about to finish its first green candle against US Dollar (USD) on the weekly time frame after five consecutive red weeks. This week has been confidence inspiring for Golem (GNT) bulls as the trend seems to be reversing as the price has now put in a bottom.

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EOS Price Is Biggest Gainer Out of the Top Ten Cryptocurrencies

EOS is the biggest gainer over the past 24 hours out of the top ten cryptocurrencies. Even with Bitcoin undergoing its third consecutive loss, EOS is rising. EOS has recorded a strong week. Over the course of three days, price underwent an increase of 30%.

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Nchain Publishes Bitcoin SV Alpha Release

Over the course of the last two weeks, many Bitcoin Cash (BCH) proponents were waiting for the firm Nchain to publish its Bitcoin SV codebase. Then on Wednesday, August 29, the company published its alpha release in order to show the code to miners and pool operators.

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Shares in Italian Football Club Rimini Purchased With Cryptocurrency

The Italian football club Rimini, which plays in the Italian Serie C division, has sold a portion of the team’s shares in exchange for cryptocurrency. The first-of-its-kind acquisition was made by Heritage Sports Holdings (HSH), a sports investment company based in the United Arab Emirates.

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Bitcoin (BTC) Exceeds $7,000 for First Time in Three Weeks

BTC prices surpassed the psychological $7,000 level and altcoins followed suit with a price recovery.

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Bitcoin Dominance Scales Back As EOS, IOTA, TRX Go On ‘Power Plays’

On Tuesday morning, crypto investors and traders alike awoke to an unexpected, yet promising sight, with a majority of crypto assets posting substantial gains for the first time in weeks, if not months.

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Bitcoin Hashrate Hits New Record With 50% Gain in August

What bear market? The bitcoin hashrate has broken another record high this week as the world’s most popular cryptocurrency network gets stronger with each day.   Bitcoin Hash Rate Hits 62 Quintillion The Bitcoin hashrate, or the computing power of the Bitcoin network, has broken yet another all-time high of 62 quintillion hashes per second.

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Pangolin Miner Claims 16nm ASIC Miner Will Compete With 7nm Machines

Over the last few weeks, we’ve been reporting on the wide variety of new cryptocurrency miners entering the digital asset economy. Some of these newly created miners are bringing faster processing power and more optimized chips, while others have even built mining rigs that tether to a water-cooling system.

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