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Bitcoin Is Still Facing Down a Critical Resistance After Exploding 20% Higher
Bitcoin is rallying once again, pushing to $11,700 as of this article’s writing. Analysts say that the cryptocurrency must hold above $11,500 by the time of the weekly close on Sunday evening to confirm more upside. дальше »
2020-8-6 15:00
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Bitcoin Miner Maker Bitmain Delays Shipments Amid Internal Power Struggle
Bitcoin mining firm Bitmain announced delays in the shipping of its mining rigs due to “external interference. ” The company said customers expecting to receive their equipment between June and July should now expect them by September or October this year. дальше »
2020-8-6 15:00
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BTC On Course To Break ‘$20k’: A Look At How Far The Bitcoin Price Will Go As Claimed By Mike Novogratz
Bitcoin has recently staged a comeback Breaking a six months old all-time high to hover around the $11,700 price zone. With so many contemplations on how far Bitcoin price can go and the few assertions that this is a bogus price rally, Michael Novogratz, a billionaire investor, and former hedge fund manager has recently said […] дальше »
2020-8-6 12:28
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Massive Liquidity to Hit Bitcoin, Equity Markets in 2021: Veteran Investor
The Bitcoin market could benefit from a massive liquidity injection entering 2021, according to veteran investor Dan Tapeiro. The DTAP Capital founder made the analogy after noticing the S&P 500 index chasing the US M2 money supply. дальше »
2020-8-6 11:00
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Bitcoin Eyes $14K as US Dollar Breaks Below Classic Support
Bitcoin pressed higher on Wednesday after finding reliable support at $10,500. The upside move appeared as the US dollar index broke below its classic trendline support that originated back in 2011. дальше »
2020-8-6 08:26
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JPMorgan: Young Investors are Pouring Money into Bitcoin at a Rapid Pace
Investors are beginning to turn towards “hard assets” like gold and Bitcoin to protect their capital from imminent inflation resulting from the massive money printing seen across the globe. This demand has driven gold’s price to a fresh all-time high of over $2,000 per ounce that was just set yesterday. It is also likely one […] дальше »
2020-8-6 05:00
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Bitcoin’s Macro Price Chart Is Giving a Fund Manager “All-Time High Vibes”
Bitcoin has seen a strong retracement since its highs of $12,200 set on Saturday. Bulls remain optimistic about the leading cryptocurrency. One fund manager in the space went as far as to say that the BTC chart is giving him “all-time high” vibes. дальше »
2020-8-6 04:00
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These Factors Suggest Bitcoin Could Hit $13,900 if Bulls Defend One Key Level
Bitcoin’s consolidation phase within the lower-$11,000 region has resulted in a powerful push up towards $12,000 Although the crypto has yet to re-test this level, it does seem as though a movement to this level could be imminent in the near-term Multiple analysts are now offering bullish outlooks on BTC in the near-term One such trader is noting that a move up towards $13,000 could be brewing in the days and weeks ahead There are […] дальше »
2020-8-6 02:00
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Bitcoin CME futures are trading at a $300+ premium; Here’s what this means
Bitcoin’s recent strength has created a sense of “FOMO” amongst investors. The post Bitcoin CME futures are trading at a $300+ premium; Here’s what this means appeared first on CryptoSlate. дальше »
2020-8-6 01:30
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Winklevoss Twins Predict Big Week For Bitcoin As Battle For $12k Reignites
After a few days of sideways trading, it seems that Bitcoin bulls have roused and are pushing BTC towards $12,000 again. The current price of Bitcoin is around $11,697 with positive momentum. On the daily chart, the first-ranked digital asset is not facing a lot of resistance until $12,123, but of course, the $12,000 psychological […] дальше »
2020-8-6 22:57
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Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing
Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now well-positioned to see further upside but remains within a short-term consolidation phase until it shatters this level This uptrend may be bolstered by its break above a previously formed trading range within the lower-$11,000 region One analyst still believes that Bitcoin is at risk of seeing a large […] дальше »
2020-8-6 21:00
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2 Persons Charged For Illegal Drug Sale Transacted In Bitcoin
Two Costa Rican citizens have been charged with illegal sale of opioids using Bitcoin in the dark web, court documents revealed. The grand jury in DC indicted David Pate and Jose Hou, a pharmacist, of seven charges, including the distribution of illegal substances as well as laundering money. дальше »
2020-8-6 20:44
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Ethereum About to Break Away From Carrying Bitcoin’s Weight in the Bull Market
Anonymous owner of Bitcoin.org and BitcoinTalk Cobra has sparked a heated debate on Twitter over Bitcoin possibly being a dead weight to ETH, as the best performing crypto asset of 2020. Cobra, who is known in the Bitcoin community for his controversial opinions now thinks that Ethereum is trying to break free from carrying along […] дальше »
2020-8-5 17:56
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Putin Reportedly Signs Law Legalizing Digital Assets, Including Bitcoin In Russia
According to RT News, Russian President Vladimir Putin has reportedly signed into law the landmark crypto bill “On Digital Assets,” which effectively provides legal status to cryptocurrencies in the country. дальше »
2020-8-5 15:14
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There hasn’t been this many Bitcoin investors since 2017; Will BTC’s price follow?
The past year has been a period of immense growth for Bitcoin from a fundamental perspective, with it now being arguably more strong than ever before. The post There hasn’t been this many Bitcoin investors since 2017; Will BTC’s price follow? appeared first on CryptoSlate. дальше »
2020-8-5 15:00
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Analyst Explains Why the Ultimate Resistance Bitcoin Faces Is $11,500
Just a day before the weekly close, Bitcoin saw an explosive breakout as high as $12,200 on Saturday. In classic crypto fashion, the cryptocurrency proceeded to drop by $1,500 in the span of five minutes as sellers rushed in. дальше »
2020-8-5 15:00
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On-Chain Data: Bitcoin Will See Even More Volatility After $1,500 Plunge
Bitcoin has seen low volatility since the Saturday flash crash, during which the leading cryptocurrency fell by $1,500 in the span of five minutes. For the past three days, the asset has ranged between $11,100 and $11,500 for the most part. дальше »
2020-8-5 13:00
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A $12K-Retest for Bitcoin Likely On-Chain Activity Suggests
Bitcoin could hit $12,000 or break above it in the coming sessions as its on-chain activity spikes. According to behavioral analysis platform Santiment, the number of daily active addresses climbed above 1 million on August 3. дальше »
2020-8-5 12:26
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Jack Dorsey’s Square Rides the Bullish Bitcoin Wave, Delivers Increased BTC Revenue for Q2 2020
Square reported $875 million in revenue from Bitcoin through Cash App in Q2 2020. This is 3x the revenue from Q1 2020 and 25x since Q1 2018 when the Bitcoin trades feature first went live on the mobile payment service, Cash App. дальше »
2020-8-5 12:18
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US Congressman Says Bitcoin Won’t Go Away, It Will Only Get Stronger
Bitcoin has value and will continue to advance and become a more and more important integral part of the future of Americans, according to Congressman Tom Emmer. The pro-cryptocurrency and decentralization US representative for Minnesota was speaking during an interview with Morgan Creek’s co-founder and early Bitcoin adopter Anthony Pompliano. “Bitcoin, blockchain, it’s not going […] дальше »
2020-8-5 10:48
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A Massive Bitcoin Bull Run Awaits as Fed Confirms 2% Inflation Target
A high inflation environment is creating more upside opportunities for Bitcoin as the cryptocurrency trades near its 11-month high. Recent statements from the Fed officials confirm that they are targeting a 2 percent inflation by pledging not to raise interest rates in the medium-term. дальше »
2020-8-5 09:40
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Bitcoin Topside Bias Vulnerable Unless It Surges Past 100 SMA
Bitcoin is struggling to gain bullish momentum above $11,300 against the US Dollar. BTC could extend its decline unless it surges past the 100 hourly SMA. Bitcoin is facing a strong resistance near the $11,300 and $11,400 levels. дальше »
2020-8-5 06:48
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Barstool’s Dave Portnoy Wants to Buy Bitcoin – Asks Winklevoss Twins to Teach Him
Barstool Sports president Dave Portnoy has been amassing a notable following throughout the past few weeks due to his stock trading live streams – and now he wants in on Bitcoin. Despite previously questioning Bitcoin’s status as an investment, the eccentric trading personality now wants exposure to the digital currency’s immense volatility. In a recent […] дальше »
2020-8-5 05:00
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This Newly Formed Structure Could Cause Bitcoin to See Major Losses
Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong rejections seen yesterday evening The selling pressure incurred as a result of these rejections has not yet been enough to force BTC or other assets below their crucial support levels That being said, analysts are growing increasingly cautious on BTC’s near-term outlook One trader explained that a recently emerged technical pattern seems to indicate downside is imminent It […] дальше »
2020-8-5 02:00
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Bitfinex Offers $400 Million Reward For Info On The Massive 2016 Bitcoin Hack
Almost 4 years ago to the date, hackers breached Bitfinex. It wasn’t the first Bitcoin hack or the biggest, but the thieves got away with a hefty sum of 119,756 BTC. At the time these coins were worth around $70 million bucks, but now the haul the hackers made off with is worth more than […] дальше »
2020-8-4 21:16
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Analyst: Closing Above This Crucial Level Could Catapult Bitcoin to New Highs
Bitcoin appears to have entered a clear consolidation phase as it trades within the lower-$11,000 region Overnight the crypto faced a slight rejection after buyers tried to push it up towards its near-term resistance Buyers were not able to surmount the heavy selling pressure that existed within this region, and the crypto fell back to its support at $11,000 Analysts are now noting that BTC could be just a stone’s throw away from seeing an […] дальше »
2020-8-5 21:00
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A Visit to This Crucial Support Region Could Start Bitcoin’s Next “Moon Mission”
Bitcoin has faced some turbulence throughout the past couple of days. Following the benchmark cryptocurrency’s firm rejection at $12,000 this past weekend, it has largely been consolidating within the lower-$11,000 region. дальше »
2020-8-4 19:00
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From Broke To Bitcoin: The Post-Pandemic Rags To Riches Story
The pandemic has brought about tough times on many. The economy is struggling, jobless claims are rocketing, yet thanks to Bitcoin, there could be a happy ending to this story. Here’s how even those down and out could theoretically turn rags to riches through their stimulus and relief money. дальше »
2020-8-5 18:00
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Why People Should Get Out Of Fiat Money and Into Bitcoin – Pantera Capital
Blockchain tech and cryptocurrency investment firm Pantera Capital recently released its monthly report and the punchline is that anyone who wants to protect their wealth should get out of fiat money. дальше »
2020-8-4 17:04
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Bitcoin Support at $10.5K Could Push Price Towards 2019 High: Analyst
Bitcoin price hit a year-to-date high at $12,134, notching a new milestone in a bull run that started in March 2020. The benchmark cryptocurrency, nevertheless, underwent a “flash crash” minutes after topping out. дальше »
2020-8-4 14:03
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Analyst: Bitcoin’s Recent Surge Looks Like the Start of 2019’s 250% Rally
Bitcoin’s flash crash on the weekend has thrown a wrench into the bullish outlook of some analysts. Because BTC was rejected at such a crucial level ($12,000), some have suggested that the asset could see a pullback to pre-rally levels in the $9,000s. дальше »
2020-8-5 13:00
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Peter Schiff Still Thinks Bitcoin Is Going to Crash to $0 Despite 20% Surge
Bitcoin has seen an extremely strong performance over the past two weeks, even factoring in the Saturday flash crash that took BTC down $1,500. Despite this rally, Euro Pacific Capital chief executive Peter Schiff still thinks the cryptocurrency is still bearish. дальше »
2020-8-4 13:00
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Bitcoin is Overvalued at $11,000, Analyst Explains Why
Bitcoin stands overvalued at $11,000 in the short-term, according to analysts at Phi Deltalytics. The statement followed a drop in net positions on Chicago Mercantile Exchange’s Bitcoin Futures last week. дальше »
2020-8-5 11:44
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UBS Expects Gold to Hit $2,000; What Does It Mean for Bitcoin?
UBS Global predicts that gold would climb to $2,000, at least by September, just as the metal’s correlation with Bitcoin reaches a new high. Wayne Gordan, executive director of Commodities and Forex at UBS, projected negative US real yields as the core reason behind the increasing bids for gold. дальше »
2020-8-5 09:50
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Technicals Suggest Bitcoin Price Needs To Clear $11,500 To Restart Rally
Bitcoin started a fresh increase above the $11,000 level against the US Dollar. BTC must surpass the $11,500 resistance zone to continue higher in the near term. Bitcoin is trading nicely above the $11,000 and $11,200 support levels. дальше »
2020-8-4 06:48
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Bitcoin Holds Above Crucial “Ichimoku Cloud” as Analysts Remain Optimistic
Bitcoin has entered a consolidation phase within the lower-$11,000 region This comes shortly after bears stepped up and catalyzed a swift rejection at $12,000 this past weekend The cryptocurrency is now flashing some signs of weakness as it hovers above its key support at $11,000 Bulls have been able to hold it above multiple crucial levels throughout the past couple of days This is leading some traders to remain firmly bullish on the benchmark cryptocurrency’s […] дальше »
2020-8-4 02:00
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Number Of Active Bitcoin Addresses Hits Highest Level In 2 Years
In the midst of what has been described as a Bitcoin bull market, the number of active addresses on the Bitcoin network has been hitting highs of over one million this week. This is the highest number of active addresses recorded since January 2018, data from analytics firm, Glassnode shows. The data is based on […] дальше »
2020-8-4 00:49
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Here’s Why a Bouncing U.S. Dollar Is Bad News For Bitcoin
The dollar sank in July to the lowest point in two years in response to more stimulus money being printed to inflate the economy. At the same time, Bitcoin spiked to the highest level in over a year. дальше »
2020-8-4 23:00
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Data shows public interest in Bitcoin is low: Here’s what may be driving BTC higher
The crypto community has been buzzing throughout the past couple of weeks as Bitcoin and the aggregated market show signs of life. The post Data shows public interest in Bitcoin is low: Here’s what may be driving BTC higher appeared first on CryptoSlate. дальше »
2020-8-4 22:25
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Goldman Sachs Recommends Gold But Applies Cases That Boosts Bitcoin As Well
With the United States on the verge of giving another fiscal stimulus to jolt the economy, Goldman Sachs is recommending to buy gold amidst inflation and “debasement” fears over the U. S. dollar. Goldman sees gold rising in price up to $2,300 by 2022. дальше »
2020-8-4 21:05
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Why Analysts are Bullish on Bitcoin Despite Close Beneath Key $11,700 Level
Bitcoin has been flashing some mixed signs to investors as of late Despite seeing intense bullishness throughout the past week as it rallied from the lower-$10,000 region to highs of $12,000, analysts still remain cautious regarding where it may trend next Their present lack of bullishness is rooted in the cryptocurrency’s inability to close its weekly candle above $11,700 This is a historically important level that analysts were closely watching over the past couple of […] дальше »
2020-8-4 21:00
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Analysts Warn of Turbulent “Dog Days” of Summer; Will Bitcoin’s Rally Survive?
Bitcoin has found itself once again the talk of the finance world, even stealing some of the luster from the gold rally. And although August is normally a slow month for markets, analysts are warning of an especially turbulent summer. дальше »
2020-8-4 18:00
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Eerie Fractal Predicts Bitcoin Will Cross Above $12k Again Very Soon
Bitcoin faced a steep rejection at $12,000 just 24 hours ago. The asset fell by $1,600 in the span of five minutes, liquidating hundreds of millions worth of long positions. Some analysts saw this rejection as a validation of their bearish sentiment. дальше »
2020-8-4 15:00
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Decentralized Trading and Coordinated Manipulation Drive Bitcoin’s Volatility — Here’s What’s Going On
On the 2nd of August, the bitcoin community watched in disbelief as Bitcoin hit $12k and then fell by $1,500 within minutes. The flash crash was the inverse of what the crypto community projected would happen, as Bitcoin was deemed to at least reach the $15K or even the $20K mark before experiencing a significant […] дальше »
2020-8-3 14:01
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US Deadlock Over Stimulus Keeps Bitcoin Cautious; What to Expect?
Bitcoin began trading cautiously on Monday as US lawmakers struggled to finalize a stimulus plan following its expiry on July 31. The critical point of difference between Democrats and Republicans continues to be the proposed $1,200 assistance for the unemployed. дальше »
2020-8-3 14:00
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Macro Analyst Explains Why Shorting Bitcoin is a Bad Idea
Bitcoin is still bullish and could reverse its weekend losses in the coming sessions, according to Marc Principato of Green Bridge Investing. The macro analyst said late Sunday that shorting the cryptocurrency in a broader uptrend is a bad idea. дальше »
2020-8-3 12:27
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Max Keiser On Why Bitcoin Price Won’t Face A Lot Of Obstacles Until It Hits $28,000
Bitcoin is currently trading inside a massive bull rally after briefly climbing above $12,000 for the first time since August 2019. Unfortunately, buyers were rejected significantly from $12,123 on Binance and the current price of Bitcoin is $11,191 which is still bullish overall. дальше »
2020-8-3 10:49
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Bitcoin Holding Strong At $11K, But 100 SMA Holds The Key To Start Fresh Rally
Bitcoin crashed more than $1,500 from the $12,115 high against the US Dollar. BTC is currently consolidating above $11,000 and it must surpass the 100 hourly SMA for a fresh rally. Bitcoin is holding a couple of important supports near the $11,000 and $10,850 levels. дальше »
2020-8-3 06:48
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Analyst Who Predicted Drop to $10,500: Bitcoin Could Plunge Another $1,500
On July 31st, the day Bitcoin pressed past $11,500 for the first time in a year, one cryptocurrency trader predicted a steep retracement. The trader commented in a tweet that while he wasn’t in a trade at the time, he would not mind “getting in a long position from around $10,300 to $10,500.” Few expected […] дальше »
2020-8-3 02:59
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Bitcoin Flipping $11,500 Into Support Could Trigger a Move to $14,000
Bitcoin experienced a violent rejection at $12,000 on Saturday night. The move resulted in hundreds of millions worth of buy-side liquidations, then millions more on the sell-side on the bounce. Analysts say that for Bitcoin to confirm more upside, it will need to flip $11,500 into support. дальше »
2020-8-3 01:30
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