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Binance’s research over Bitcoin revisiting ‘2017 glory’ rejected by crypto-enthusiasts over scalability, network saturation issues

Bitcoin’s [BTC] surge over $5,000 gave many crypto fans a ray of hope as it signalled the possibility of a continued bull-run. Binance’s research on Bitcoin’s performance dealt with the question ‘can Bitcoin return to its 2017 glory?’ and indicated that we could be getting close to the 2017 glory. дальше »

2019-4-7 01:03


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For better or worse, we’re still obsessed with Bitcoin’s price

Cryptocurrencies are renowned – and often criticized – for their volatility. It’s what makes them both risky and attractive for skeptics and investors. Over the past decade, the mainstream press has largely ignored Bitcoin, generally focusing its coverage on the digital currency‘s association with crime and its sudden price movements. дальше »

2019-4-5 16:22


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Newfangled Crypto Service Signals Continued Institutional Interest In Bitcoin

Since Bitcoin (BTC) began to falter in early-2018, optimistic investors, many of which are “HODLing,” have resorted to grasping for straws. Case in point,  the words, “Wall Street” and “institutional investors,” are incessantly mentioned, as crypto diehards have sought to find a light at the end of the proverbial tunnel. дальше »

2019-3-24 00:00


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


Dubai Deploys The City’s First Bitcoin ATM At JBR 5-Star Hotel: The Crypto Kiosk Accepts Cash

Dubai Deploys The City's First Bitcoin ATM Stakeholders in the crypto sector who hope for continued adoption from the rest of the world now have something to be happy about. This is because Dubai, one of the most preferred tourist destinations in the world, has just taken ownership of the city's first Bitcoin ATM. This […] дальше »

2019-3-20 20:05


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


Bitcoin Volatility Dives as BTC Price Remains Stable Around 3,900, But Further Losses May be Imminent

Bitcoin’s price has continued to trade sideways around $3,900 as its volatility continues to decrease. Although this stability may be welcomed by some investors who have been tormented by the seemingly constant bouts of volatility in the crypto markets, the current decrease in volatility is likely temporary. дальше »

2019-3-14 03:00