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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


China’s Crypto OG Zhao Dong Believes 2019 Is The Time To Buy Bitcoin (BTC)

China Bitcoin Billionaire Expects Spring To Arrive In 2020 While Bitcoin (BTC) failed to undergo a rally, investors in this nascent space have kept their heads high. Zhao Dong, purportedly one of China’s most influential and notable Bitcoin bigwigs and a well-known over-the-counter (OTC) trader, recently made an optimistic comment on a WeChat trading group. дальше »

2019-2-14 07:00


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Crypto Analyst: Bitcoin Investors Are Underwater, But BTC Bounces Back Quickly

Bitcoin’s highly publicized meteoric rise to its all-time high of $20,000 in December 2017 was a classic bubble cycle at its peak. The media attention and hype from individuals talking about the crypto on social media and in social circles sparked FOMO (fear of missing out) in retail investors who eventually got burned when the. дальше »

2019-2-14 04:00


Lightning Network is As Good As Other Traditional Payment Methods Right Now, Study Concludes

Despite having severe scalability problems, Bitcoin remains the most important cryptocurrency with the largest market cap. Its high value has resulted in extremely high fees, and its high level of adoption resulted in transactions taking a long time to confirm, especially in 2017, when the network clogged and BTC reached ATH. дальше »

2019-2-9 16:38


Bitcoin Price in Recovery Mode – Will it Close the Week on a High Note?

The bitcoin price on Friday posted a modest 0. 9 percent surge as it corrected from its ascending channel support level and sought to climb back into bullish territory. Bitcoin Price Charges Back Toward $3,500 The bitcoin-to-dollar exchange rate (BTC/USD) established its intraday low at $3,371 right at the beginning of the Asian session. дальше »

2019-2-2 23:26


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‘Bitcoin’ Branded Altcoins Were a Phenomenon of Soaring BTC Price

Bitcoin has been forked to spawn more than 40 Bitcoin-branded altcoins in its history, and many remain completely unknown, new data published this week reveals. Bitcoin Forks Surged At Price All-Time High Compiled by cryptocurrency data analytics firm DataLight and uploaded to social media January 29, the summary sheds light on a host of altcoins which split off from the Bitcoin network at various points beginning in 2015. дальше »

2019-1-31 20:00


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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »

2019-1-26 03:13


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Bitcoin Movements At A Twelve Month High

Even though its price has collapsed by nearly 70%, Bitcoin (BTC) is still growing, with transaction rates at an all-year high. Data collected by Blockchain.com indicate that the number of transactions added every second to the mempool – the holding area for crypto trades before they’re added to the ledger – have reached the highest level […] The post Bitcoin Movements At A Twelve Month High appeared first on Crypto Briefing. дальше »

2019-1-25 22:53