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Bitcoin Set for Bullish End to 2020 Based on Multiple Indicators

Several on-chain metrics are pointing to a bullish 2020 closeout for Bitcoin (BTC). The top-ranked crypto by market capitalization is up almost 50% year-to-date (YTD). However, while the bull case for BTC remains strong, price drawdowns below the $10,000 could occur in the short-term, providing an opportunity for more accumulation of cheaper bitcoin. дальше »

2020-10-1 16:13


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Bullish Case For Bitcoin: Profit Taking Turns Into Buying The Blood

Bitcoin price recently saw a $2,000 correction after months straight of surging. At the start of the selloff, signs pointed to profit-taking as the primary reason for the pullback. However, after greed turned to fear, big-money investors have begun buying the blood right out from under investors who are panic-selling the cryptocurrency at a loss. […] дальше »

2020-9-16 03:00


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Winklevoss Twins Pen Down the Bullish Case for $500k Bitcoin

The Winklevoss twins —the founders of the regulatory compliant Gemini, are convinced the U. S. dollar is no longer a reliable store of value. Instead, their confidence is on Bitcoin.   Gold and Oil as Store of Value Assets On Aug 27, the Winklevoss twins penned an article detailing why the digital asset may rise to $500k a pop,Read MoreRead More. дальше »

2020-8-28 17:02


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Bitcoin’s “Reserve Risk” Indicator Suggests the Next Parabolic Cycle is Coming

Bitcoin’s prolonged bout of sideways trading isn’t showing any signs of letting up Its stability is proving to be extremely bullish for the aggregated crypto market, as many tokens have found themselves caught within firm uptrends Some speculate that it won’t be until these tokens start seeing slowing momentum that Bitcoin can run One technical indicator is suggesting that this may be the case and that BTC is currently building a strong base to make […] дальше »

2020-7-21 21:00


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Bitcoin Miner Hoarding Bolsters the Bullish BTC Case

Yet another bullish case is emerging for the Bitcoin (BTC) price following a noticeable decline in the volume of BTC transfers from miners to exchanges. In a Tweet published on Thursday, crypto analyst @ColeGarnerBTC provided a chart from market analytics firm Glassnode showing the inverse correlation that exists between miner outflows and the Bitcoin price. дальше »

2020-6-5 00:09