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Bitcoin Poised to Fall? This Wyckoff Distribution Pattern Says So

The Bitcoin price is possibly following a Wyckoff distribution pattern, a breakdown of which could see a sell-off down to between $6,000 – $7,000. First things first, what is the Wyckoff distribution? The analysis method explains a period of consolidation, which occurs after an upward move, serving as a way for market makers to sell […] The post Bitcoin Poised to Fall? This Wyckoff Distribution Pattern Says So appeared first on BeInCrypto. дальше »

2020-6-5 21:00


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Miners Have ‘Great Confidence’ in Bitcoin’s Future While Investors Shifting to Long-term HODLing

The price of Bitcoin has been stagnant in the first half of April, trading in a tight range of $6,750 and $7,350. Currently, BTC/USD is trading around $6,800 while the market remains in “extreme fear,” as per the Crypto Fear and Greed Index with a reading of 15, just a slight uptick since the sell-off […] дальше »

2020-4-15 17:35


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Two Popular Altcoins Still Recording Over 140% Gains in 2020 So Far

As Bitcoin jumps to nearly $6,900, altcoins follow up. However, this time, the world’s leading cryptocurrency is the one that is ruling the market with over 6% gains in the past 24 hours. After experiencing a massive sell-off that dominated all asset classes, whether equities or gold, Bitcoin with other risky and safe-haven assets are […] дальше »

2020-3-24 20:45


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New Evidence Shows Bitcoin Sell-Off Triggered By Newer Market Entrants

Bitcoin recorded one of its greatest single-day loss last Thursday, March 12, after its price plunged by over 50%. The huge decline was a result of a massive sell-off in the bitcoin market triggered by concerns of an impending global economic crisis due to the mass spread of the coronavirus epidemic. The selling pressure was […] дальше »

2020-3-19 18:49


$8 Million Ether Sold for Free Through Maker

Black Thursday had been one of the worst days for the crypto community that recorded the violent sell-off across the market. But not only did the prices crash severely, for Ethereum it also resulted in Network congestion, a rise in fees, increased gas price, and liquidation issues with decentralized finance (DeFi) products. As per cryptanalysis firm […] дальше »

2020-3-19 20:58


Neither Bitcoin Nor Gold; Is Cash the Only Safe Haven During A Panic?

Bitcoin had its worst sell-off in 7 years as it dropped to $3,850 and even lower at $3,600 on BitMEX that resulted in only 44% of Unspent transaction output (UTXOs) in profit. Bitcoin’s market value to realized value (MVRV) has also fallen below 1 while Net unrealized profit/loss (NUPL) has dipped into capitulation. Bitcoin and […] дальше »

2020-3-14 18:05


BTC’s Massive Sell-Off Makes Reward Halving a ‘Shit Deal’ for Miners; 59 Days Remaining

The global market sell-off has not only resulted in the Dow Jones Industrial Average tumbling into a bear market at a furious pace on Thursday but also in the bitcoin and crypto market as well. The world’s leading cryptocurrency today fell to May 2019 levels at nearly $5,700 before keeping above $6,000. The digital asset […] дальше »

2020-3-13 21:24


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Tether Treasury Prints 63 Million USDT As Bitcoin Crashes Below $6,000; Relief In Sight?

The crypto markets have continued sliding on the second day, with bitcoin (BTC) dropping below $6,000 amid a global market downturn caused by the gruesome coronavirus. The sell-off in the stock markets intensified after President Trump announced a 30-day suspension of travels from Europe to the United States starting from this Friday at midnight. Bitcoin, […] дальше »

2020-3-13 16:40


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Market Update: Plustoken BTC Moves, Crypto Prices Dive, Coronavirus Cripples Global Markets

Cryptocurrency markets lost more than $30 billion in the last 24 hours as digital asset prices have been slashed alongside traditional stock and commodity markets. Further, crypto proponents have spied Plustoken bitcoins on the move again and speculators assume that 13,000 BTC ($102M) might have invoked the weekend’s massive sell-off. дальше »

2020-3-10 20:12


Quant crypto fund: Bitcoin is just as “susceptible to market panic” as other assets

Quantitative crypto fund Strix Leviathan says the narrative of Bitcoin as a hedge against economic uncertainty could be false—considering last week’s nearly unprecedented stock market sell-off, where the S&P 500 suffered its sharpest correction since the 2008 financial crisis and BTC shed nearly 15 percent in USD terms. дальше »

2020-3-5 00:00