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Bitcoin May Post Its 2nd Highest Two-Month Close in History as Bulls Take Control

Bitcoin has been able to avoid seeing any type of intense bearishness today, as the cryptocurrency is now trading near $11,800 Although it has yet to test its key $12,000 resistance, it does appear that buyers are laying the groundwork for a visit to this level One trader is observing that some technical factors are now working heavily in Bitcoin’s favor, including degrading resistance between its current price and $13,000 This comes as Bitcoin rapidly […] дальше »

2020-8-31 21:00


History Suggests Bitcoin Could Soon See a Rapid Rise to Fresh All-Time Highs

The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000 Each attempt that bulls have made to break through this level has resulted in firm rejections that send its price reeling down towards the mid-$11,000 region Despite showing some signs of weakness, the cryptocurrency remains well-positioned to see further near-term upside – […] дальше »

2020-8-12 21:00


Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History

Bitcoin has been seeing some incredibly bullish price action throughout the past several days and weeks The cryptocurrency is now consolidating at just below $12,000 as its buyers attempt to catalyze another leg higher Despite facing resistance at this level, the crypto has yet to see any type of harsh breakdown here One recent technical development is creating a new source of bullishness amongst traders The cryptocurrency just broke out of a multi-year bull pennant, […] дальше »

2020-8-7 02:00


Bitcoin Breaking Out is the Last Catalyst, Altcoins Setting for a Massive Bull Run

The leading cryptocurrency is enjoying the greens this week, trading around $9,900, a level was last seen in early June when it ran up to $10,000. This uptrend came after weeks of price consolidation, during which altcoins rallied strongly, post halving just like bitcoin behaved in the past after halvings. “History is repeating itself.” The […] дальше »

2020-7-26 16:40


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This Indicator Signals Bitcoin’s Boring Price Action Will Come to a Violent End

Bitcoin has continued extending its unprecedented bout of sideways trading as it hovers around $9,100 The crypto has done little to offer investors with insights into its mid-term outlook Bouts of sideways trading this defined and prolonged have only occurred on a few occasions throughout the crypto’s decade-long history Each occasion has ultimately resulted in the crypto posting a massive trend-defining movement Bitcoin has been finding an unusual amount of stability around $9,100. The crypto […] дальше »

2020-7-19 19:00


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Bitcoin Price Marks Its Third-Best Q2 Performance In History

While Bitcoin has been swaying between $9000 to $10,000 for the greater part of 2020, other factors surrounding the cryptocurrency’s price performance have mostly been bullish. With investment interest taking an upsurge while Bitcoin simultaneously outperforms other major assets, in the same fashion,  Bitcoin’s quarterly returns have also gone off the charts. According to the […] дальше »

2020-7-1 00:09


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If History Rhymes, Ethereum May Have Just Hit Its Mid-Term Peak

Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and even months, struggling to garner any independent momentum This correlation has grown particularly clear over the past few weeks, as ETH is now trading within a firm consolidation channel alongside BTC and other altcoins It is important to note that one fractal pattern has emerged that appears to suggest Ethereum has formed a mid-term top If history repeats itself, the crypto […] дальше »

2020-6-18 23:00


Bitcoin’s Falling Hash Rate Could Have Dire Implications for BTC’s Price

Bitcoin’s recent mining rewards halving event didn’t have any sudden impacts on the cryptocurrency’s hash rate, but the impacts of it on miner dynamics are now growing increasingly clear. The benchmark cryptocurrency’s hash rate has been sliding lower throughout the past couple of weeks, signaling that miners are beginning to capitulate. History suggests that hash... дальше »

2020-5-24 01:00


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Bitcoin Halving ‘Not Priced In’ Yet; Here’s What Pundits Say Could Happen After The Event

Bitcoin is increasing its worldwide adoption by decreasing its volatility, and though Bitcoin has a history of going up in price after halving events, it has never encountered an economic crisis like the one that is happening now catalyzed by the COVID-19 pandemic, so it is uncertain whether this time its prices will follow past […] дальше »

2020-4-25 14:34


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Crypto Price Analysis April 21: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK

April 21 brought a new milestone to the Bitcoin (BTC) price. It was worth more than 7000 barrels of oil, significantly more than at any other point in history. However, this was not caused by an increase in the cryptocurrency’s price but rather a complete crash in the price of oil — which, at one […] The post Crypto Price Analysis April 21: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto. дальше »

2020-4-22 22:49