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Even Bitcoin Fundamentals Are Hinting At a Significant Correction Ahead

Bitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place. The drop in price has the cryptocurrency now trading below a key fundamental level. A deeper dive into other Bitcoin fundamentals may be hinting that a more severe correction that may have only just started. Here’s what the […] дальше »

2020-9-5 20:00


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Bitcoin Price Experiences Another Disastrous Fall, Risks Plunging Below $10k If This Happens

Bitcoin crashed with more than $1000 hitting a low point of $10,282 before rebounding above $10,436 to record the lowest price level seen in weeks. The crash comes after BTC’s breach of the $11500 resistance to rising above $11982, but $12k remains unachieved, even with many analysts forecasting that Bitcoin price would go as high […] дальше »

2020-9-4 11:58


Bitcoin & Gold Make An Inverted V on Fed’s Inflation Sacrifice; Stocks Roared Even Higher

The Federal Reserve will allow inflation to run above 10%, said Fed Chairman Jerome Powell during the much-awaited virtual speech from the central bank’s annual Jackson Hole, Wyoming symposium. Bitcoin’s price responded to the news quite visibly, forming an inverted V, as the digital asset jumped from $11,290 to just above $11,600. дальше »

2020-8-27 19:48


Institutional Investors Gobbling Up More Bitcoin Than Being Mined This Month

Even since Bitcoin entered August, the price has taken to test the $12,000 level after successfully breaching the key levels, $10,000 and $10,500 last month. But so far, the digital asset hasn’t been able to sustain above $12k despite breaking above it twice, resulting in a crash afterward. We are now back to trading around […] дальше »

2020-8-13 19:46


Here’s the Larger Trend that Will Continue to Persist in the Markets

Yesterday, the bitcoin price dropped by 6.6% as it went down to $11,150. Today, the prices went down even further only to make it back to $11,500. Denis Vinokourov of Beqaunt said, “The unwind of bullish positioning was clearly evidenced in the options skew, however, the correction was largely limited to the front-end of the […] дальше »

2020-8-13 19:16


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What Altcoin Has Even A Small Chance Of Surpassing The Price Of Bitcoin In The Next 10 Years?

Bitcoin is undoubtedly the biggest cryptocurrency in the market and in the eyes of many people, it will continue to reign for as long as cryptocurrencies continue to exist. Since the release of Bitcoin, more than 5000 altcoins have been created and released onto the crypto scenes, each claiming to be better than Bitcoin and […] дальше »

2020-8-8 15:59