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Analysts Expect Bitcoin to See “At Least 18 Weeks” of Blood Due to This Pattern

Bitcoin saw some immense overnight turbulence that caused its price to plummet from highs of nearly $9,900 to lows of $9,400 on many exchanges This movement liquidated over-leveraged long and short-positions, and further confirmed that BTC is caught within a tight trading range Despite its current stability, one pattern now indicates that Bitcoin is positioned to make a massive movement in the near-term One analyst believes that this movement will favor sellers, as a pattern […] дальше »

2020-6-10 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


Bitcoin Rejected Harshly on Red Supply Zone for the 3rd Time, But Focus Still on the Upside

Bitcoin opened the month on a bullish note, surging past $10,000, and then the day after, the price of BTC crashed to $9,150 on some exchanges, $9,300 on others and $8,600 on BitMEX. Bitcoin’s $10k breakout was leverage driven, “OI increased even as liquidations exploded while predicted funding and futures' basis turned extreme” and “then […] дальше »

2020-6-3 15:20


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As Bitcoin Desperately Clings To $9k, These Bullish Fundamentals Can Launch BTC Price To $14,000

After rocketing more than 100% off its March lows, bitcoin tumbled on Wednesday by 7%. This move downward came after 50 bitcoin from the Satoshi-era was spent for the first time since August 2017. Some bitcoiners panic-sold on fears that Satoshi had started dumping his coins on crypto exchanges. Bitcoin fell from above $9,700 to […] дальше »

2020-5-22 21:43


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This analyst believes exchanges will spearhead the next bearish Bitcoin tide, but CZ strongly vouches for Binance

The majority of Bitcoin proponents have remained bullish as they go all-in on the oldest and most valued cryptocurrency the world has ever known. With whales betting big on Bitcoin, buying pressure has increased immensely, so much that Bitcoin saw over a 35% increase in the value to its current price within the last two […] дальше »

2020-5-10 20:47


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Popular crypto derivatives exchange FTX launches oil futures—here’s what this means for crypto

FTX, one of the fastest-growing crypto derivatives exchanges in the world, has announced the launch of crude oil futures that expire to the spot price of WTI crude oil plus $100 dollars. The fact that the product comes at a time when oil prices touched negative has instilled a new kind of confidence in the […] The post Popular crypto derivatives exchange FTX launches oil futures—here’s what this means for crypto appeared first on CryptoSlate. дальше »

2020-4-24 23:03


Bitcoin Market in Backwardation Supports A ‘Cautious Tone’ for BTC Price Short Term

The price of Bitcoin on spot exchanges is currently trading around $6,750 after sliding below $7,000 over the weekend. Some extremely bearish predictions are even calling for fresh lows. However, the good thing is Bitcoin has found a “higher floor” and given that currently, the cash on exchanges is at all-time highs and sentiments are […] дальше »

2020-4-16 22:11


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Bitcoin Miners Now Unprofitable But An Unbroken S2F Model Says Weak Hands Shaken Out

Bitcoin price is currently in the red, down 1.04% in the past 24 hours while hovering around $5,300 while the volume remains near $2 billion on top ten exchanges with real volume. Altcoins are yet again following Bitcoin’s lead and seeing a jump much higher than the leading crypto asset. Bitcoin price might be feeling […] дальше »

2020-3-15 18:15