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This Technical Indicator is Signaling Bitcoin Could Soon Reel Towards $5,000

Bitcoin recently faced a rejection at $9,500 that appears to be a grim sign for its macro outlook The cryptocurrency has since reeled back within its long-held trading range between $9,000 and $9,300 How it trends next will likely depend on its reaction to this trading range Because BTC posted a failed breakout attempt, it is likely weaker now than it was during its last bout of prolonged consolidation at its current price levels One […] дальше »

2020-7-11 02:00


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Altcoin ‘Mass Extinction’ Will Likely Precede Next Bitcoin Rally, Crypto Whale Posits

Bitcoin has been one huge pillar maintaining the market balance in the crypto industry for years, and many have come around to look up to the top coin for clues about any impending market movements. Indeed, a spike in Bitcoin’s price has always caused a ripple effect across the vast industry. At the moment, there […] дальше »

2020-7-6 23:50


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Bitcoin’s Volume is at the “End of the Line” Signaling Volatility is Imminent

Bitcoin’s range-bound trading is showing no signs of letting up as the crypto continues trading sideways within the lower-$9,000 region It does appear to be laying the groundwork to make a massive movement Data suggests that this movement could be imminent in the days ahead, potentially setting the tone for which direction it trends next There are a few other factors that are likely to influence its near-term price action as well One analyst notes […] дальше »

2020-7-4 21:00


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“A Resting Bitcoin Bull,” Bloomberg Outlook Reveals Likely Mid-Year BTC Price Range

Bitcoin is becoming more like gold in the macroeconomic sense and will continue outperforming its peers, Bloomberg said in its latest cryptocurrency report sent to subscribers. The Bloomberg Crypto Outlook July 2020 Edition reported the current low volatility in Bitcoin and how it would fare in the broader market that included gold, and stocks. The […] дальше »

2020-7-6 12:32


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Bitcoin Price Dump: Miners Start Selling 9,000 BTC, Possibly Opening Bear Cycle

Bitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals. Direct exchange transfers represent the largest flow of bitcoin (BTC) from miners to such platforms in over a year, according to Glassnode data. дальше »

2020-6-25 12:33