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Macro Strength: Bitcoin’s Price Moves Higher Despite Plethora of Bad News

Bitcoin faced some intense selling pressure yesterday evening after news broke regarding the founder of OKEx being arrested by the Chinese authorities This is simply another set of news that has rocked the crypto market, but its impacts on Bitcoin’s price action has been surprisingly muted It does not appear that investors aren’t too concerned that the prospect of OKEx users losing their BTC will strike a blow to the crypto’s technical outlook Some analysts […] дальше »

2020-10-17 21:00


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Bitcoin’s Volume Profile: Move Past $12,000 Will Ignite Bull Run to $16,500

Bitcoin’s price action has grown stagnant over the past few days and weeks, with the cryptocurrency struggling to gain momentum as bulls and bears battle for control of its near-term trend. Last week, the benchmark digital asset incurred some serious momentum after news broke regarding Square’s acquisition of $50 million worth of BTC. This news […] дальше »

2020-10-14 00:00


Bitcoin Just Broke Its Downtrend as Analysts Eye Extension of Momentum

Bitcoin’s price action throughout the past 24 hours has been overwhelmingly bullish Following a prolonged period of range-bound trading between $10,200 and $11,200, the benchmark cryptocurrency was finally able to buck this trend and rally up to $11,400 Its ascent has been slowing as it pushes further into the $11,000 region, but it still remains overwhelmingly strong at the moment Analysts are now noting that this latest move higher broke the cryptocurrency’s multi-week downtrend This […] дальше »

2020-10-10 19:00


This On-Chain Data Suggests Unannounced Companies are Accumulating Bitcoin

The crypto community was ablaze with joy after news broke regarding Square’s decision to buy Bitcoin to hold as a reserve asset This decision came about just months after MicroStrategy made a similar choice, albeit on a larger scale If this trend gains steam as the dollar continues seeing unprecedented inflation, it could be a catalyst for massive BTC upside The significance of this should not be understated, but data seems to indicate that Square […] дальше »

2020-10-10 02:00


Square’s Bitcoin Investment Made $2 Million Over The Last 24 Hours

Bitcoin price blasted back above $11,000 in response to yesterday’s news that the Jack Dorsey-led Square Inc. had purchased 4,709 BTC to add to company reserves. Since the news broke about the payment firm’s innovative corporate investment – a growing trend now – the cryptocurrency has risen 4%, adding an enormous sum in ROI to […] дальше »

2020-10-10 20:00


Bitcoin Finally Breaks Out From Its Consolidation Pattern

On Oct 8, Bitcoin (BTC) broke out from a month-long consolidation pattern. While there is still resistance left to clear, it is very likely that the trend is bullish. Bitcoin Breaks Out from Triangle On Oct 8, the Bitcoin (BTC) price began an upward move that caused it to break out from a symmetrical triangle […] The post Bitcoin Finally Breaks Out From Its Consolidation Pattern appeared first on BeInCrypto. дальше »

2020-10-9 10:44


VanEck Director Hints At Something Coming To Bitcoin Bigger Than Coinbase IPO

A discussion recently broke out on crypto Twitter speculating about the importance of the upcoming Coinbase IPO and its impact on Bitcoin and the greater cryptocurrency industry. And while there’s no denying the significance of a stock market listing for one of the most recognizable crypto brands in the world, another finance exec has been […] дальше »

2020-9-12 22:00


Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region

The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […] дальше »

2020-9-6 19:00


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Bitcoin Just Broke a Multi-Week Descending Triangle; Analysts Target $15k

Bitcoin is beginning to show some intense signs of strength after a prolonged period of consolidation within the mid-to-upper $11,000 region This latest push higher has not done a ton to invalidate the weakness that the cryptocurrency was previously experiencing, as it has yet to push BTC past its key $12,000 resistance level Analysts are noting that where it trends next may depend largely on whether or not buyers can shatter the selling pressure that […] дальше »

2020-9-2 21:00


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Bitcoin Just Broke a Crucial Trendline as Bulls Take Aim at $12,000

Bitcoin and the entire crypto market have been flashing some signs of strength throughout the past couple of days BTC has firmly moved into the mid-to-upper $11,000 region, with bulls now trying to garner enough strength to push it up towards its high time frame resistance at $12,000 Whether or not this level is tapped in the near-term should offer some significant insights into its near-term trend Analysts are now pointing towards a recent trendline […] дальше »

2020-8-31 19:08


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Forum Topics on First HashCon 2020 & New Infrastructure Mining Summit in China’s Chengdu Revealed

Bitcoin finally broke the resistance zone of $12,000, ETH transaction fees are also skyrocketing with the price of moving tokens around on the Ethereum blockchain continuing to balloon, China’s Sichuan has encouraged blockchain companies to help consume excessive hydroelectricity in the rainy season, Filecoin mining is in full swing now…… The excitement of making aRead MoreRead More. дальше »

2020-8-19 20:21


Perfect Track Record Top-Sniping Tool Signals Bitcoin Uptrend End Is Near

Bitcoin today broke up through resistance at $12,000, pushing higher and higher along its powerful uptrend. Not since 2019 has Bitcoin had this much bullish momentum behind it. However, a top-sniping signal that called the top in 2019, the 2018 catastrophic drop to $3,000, the 2017 top, and even Black Thursday, is now signaling that the top may soon be in again. дальше »

2020-8-19 17:00