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Bitcoin Reaches ‘Logical’ Support As Volatility Wanes, Explosive Move Incoming

After Bitcoin price rocketed last month from lows around $6,400, the crypto asset touched over $9,000 before falling lower to what a well-known financial market analyst says is “logical support.” Meanwhile, a tool designed by the analyst suggests that volatility in the Bitcoin market is reaching bear market lows, potentially signaling that an exceptionally explosive... The post appeared first on NewsBTC. дальше »

2020-1-24 00:00


Bitcoin’s hash rate reaches all-time high after a major difficulty adjustment

While many analysts predicted Bitcoin’s mining difficulty will rise around 8 percent, few believed it would continue to increase at the same pace in the days following the adjustment. According to data from CoinMetrics, the difficulty increased 7 percent after the adjustment, with the hash rate reaching an all-time high of 14. дальше »

2020-1-16 18:00


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Don’t Long Bitcoin Now Says Investor as Miner Capitulation Reaches Day 27

The bitcoin price has fallen by 50 percent since July from $13,900 to sub-$6,900. The steep drop caused mining to be less profitable, causing small miners to sell-off. Bad idea to long dropping bitcoin hashrate During miner capitulation, small miners and mining centers tend to sell-off their holdings to cope with declining market sentiment. дальше »

2019-12-17 13:02