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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


Why Bitcoin’s Forecast is Finally Turning Bullish, Expect a Bitcoin Price Rise

The price of bitcoin is still hovering below the $3,500 mark and volatility seems to be dying fast. Is it strange, then, that SFOX‘ report (a cryptocurrency prime dealer for large-scale investors) places the Crypto market at ‘mildly bullish’ entering February? This is a couple of notches up from its ‘mildly bearish’ tag last month. дальше »

2019-2-9 14:38


Bitcoin Researcher Analyzes Crypto Twitter Mentions, Predicts Bearish BTC Future Based on Drop

Blockchain and crypto have been largely compared to the dot com bubble era, even though others think it’s incomparable. This notion has led industry stakeholders to believe that cryptocurrencies such as Bitcoin are ground-breaking, and therefore are inclined to using barely trustworthy market indexes in determining the performance of cryptocurrencies. This notion was reaffirmed last […] дальше »

2019-2-5 00:38


Elite Bitcoin Investor Mike Novogratz: “It Will be a While Before Crypto Starts Rising Again”

Perennial crypto bull and former Goldman Sachs partner Mike Novogratz recently took to Twitter to rant about how the crypto market is currently in a bad state and how it would take at least “a few more months” for this sector to recover and return to its past performance levels. Realizing having tweeted about crypto […] дальше »

2019-2-2 21:11


Crypto Market Pullback Was Necessary, Now Value Proposition Of Bitcoin Is Stronger: Circle Report

Crypto Market Pullback Was Necessary, Now Value Proposition Of Bitcoin Is Stronger: Circle Report Goldman Sachs-backed Circle has released its first research on “Crypto Retrospective” that talks about the ongoing bear market, the performance of the market, network activity, and Dapp platform activity and the trends the market will be seeing this year. Starting with […] дальше »

2019-1-31 21:31


World Gold Council Report: Bitcoin & Crypto Assets are not a Viable Gold Safe-Haven Substitute

Yesterday, the World Gold Council released its latest report in which it dismissed the norm of Bitcoin and cryptocurrencies being a safe-haven. Pointing out the cryptocurrencies’ worst performance in late 2018 when Bitcoin fell down to its lowest in a year at $3,150 and other top cryptocurrencies crashed 90 to 95 percent, it was also […] дальше »

2019-1-30 20:47


Bitcoin Evangelist Charlie Shrem Predicts Crypto Market Will Surge in the New Year

2018 was not the best of year for the cryptocurrencies and the blockchain technology. In fact, it was a catastrophic year for the industry. From the dismal performance of the biggest cryptocurrency, the Bitcoin (BTC) to the rapidly tumbling price of many altcoins, the prospects of the crypto ecosystem looked bleak going into the new […] дальше »

2019-1-23 23:52


Ethereum [ETH] Drops Below XRP in Crypto Rankings After Bearish Price Performance

After a bullish outperformance since mid-December, Ethereum is undergoing a sharp drop today which has resulted in it dropping to the third position in the cryptocurrency rankings by market cap. It has now been overtaken by Ripple’s XRP which also overtook Ethereum during the bearish market conditions of November. дальше »

2019-1-10 17:59