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Trader Calls for Bitcoin Plunge to $17,000 as Selling Pressure Mounts
Bitcoin has seen some intense turbulence throughout the past few hours, with the selling pressure seen in the mid-$19,000 region once again proving to be too much for it to handle The crypto has been caught within a persistent bout of consolidation throughout the past few days, with bulls guarding the mid-$18,000 region as bears continue building massive sell walls around $19,500 The frequency of the rejections seen at this price region is a grim […] дальше »
2020-12-5 21:00
The Many Reasons Why The Dollar Could Soon Put A Damper On Bitcoin Bullishness
Bitcoin has just set a new all-time high, is trading just below $20,000, and is more bullish than its ever been as the digital narrative takes hold during the tail end of the pandemic. But as the top cryptocurrency is directly opposed to the dollar, it is especially sensitive to extreme movements in the global reserve currency. дальше »
2020-12-5 18:00
Is Bitcoin Having A Second Black Friday Sale?
In a previous report, we noted analysts take on Bitcoin’s price dump. Unlike other times, traders are not advised to buckle up for a bear trend, in fact, the opposite is the case. This is, as explained by analysts, a healthy pattern for Bitcoin. дальше »
2020-12-5 17:04
TA: Why Bitcoin Price Could Correct Sharply If It Breaks 100 SMA
Bitcoin price attempted an upside break above the $19,500 resistance against the US Dollar, but failed. BTC could decline sharply if there is a clear break below the 100 hourly SMA. Bitcoin is currently struggling to clear the key $19,500 resistance level. дальше »
2020-12-4 06:48
Paul Tudor Jones Says Bitcoin’s Market Cap Is Undervalued
Bitcoin has seen a strong rally over the past few months on institutional interest in the cryptocurrency. The coin currently trades just shy of all-time highs at $19,500. BTC is expected to move even higher as adoption continues to swell. дальше »
2020-12-4 06:01
Self-Proclaimed Contrarian Investor Bashes Bitcoin Digital Gold Narrative
Bitcoin has become extremely popular in 2020, on the back of the store of value, safe haven asset, and digital gold narratives. The digital gold story has taken center stage recently, as the precious metal’s bullish momentum fizzled out and the cryptocurrency market took off. дальше »
2020-12-4 04:00
Why One Trader is Waiting for $20,000 Before Jumping Back into Bitcoin
Bitcoin’s price is rapidly navigating back up towards its all-time highs. This comes after the crypto faced some immense turbulence throughout the past week Each rejection at roughly $19,800 has had far-reaching implications for the cryptocurrency, but it has been able to set higher-lows This is a bullish sign that suggests the selling pressure at this price level is beginning to degrade Where it trends in the mid-term may depend largely on how strong the […] дальше »
2020-12-4 02:00
“Most Profitable Buy Signal” Triggers As Bitcoin Consolidates Below ATH
Bitcoin is the best investment of 2020, up more than 150% year-to-date during a year filled with more uncertainty than ever before. That same uncertainty has helped bring the cryptocurrency back to prices near $20,000. дальше »
2020-12-4 23:00
These Factors Suggest Bitcoin is on the Cusp of Setting Fresh All-Time Highs
Bitcoin has been struggling to break above $20,000, with each visit into the upper-$19,000 region sparking a massive inflow of selling pressure The cryptocurrency’s reactions to these rejections have grown more tempered, which is a bull-favoring sign Where the entire market trends in the mid-term will depend largely on whether or not this resistance can be surmounted anytime soon One trader is noting that there are a couple technical signs that are currently working in […] дальше »
2020-12-4 21:00
Bitcoin Surges After Bulls Defend Key Level; What Analysts are Watching For
Bitcoin is in the process of pushing higher today, with bulls aiming at sending the cryptocurrency up towards the resistance that it has long faced within the mid-to-upper $19,000 region. If the selling pressure here remains constant and continues hampering the cryptocurrency’s growth, then bears may be poised to gain some control over BTC’s price […] дальше »
2020-12-4 19:16
Bitcoin Billionaires Author Expects Asset To Be As World Changing As Facebook
Bitcoin has the potential to be revolutionary and has drawn comparisons to many of the most powerful assets and technologies on the planet. On the asset side, it is earning its place alongside gold and currencies, while as a technology could be as groundbreaking as the personal computer or the internet. дальше »
2020-12-4 19:00
Willy Woo Explains Rationale For Why He Sees $200K Bitcoin By December 2021 As Actually Pretty Conservative
Bitcoin cracking $200,000 by the end of next year is conservative and the asset surging to as high as $300K in just a year’s time is “not out of the question”. This is according to crypto statistician Willy Woo who delivered a fresh outlook for the bitcoin price on Tuesday. дальше »
2020-12-4 18:32
Bitcoin Bulls And Bears Reach Standoff, BTC Consolidates Below $20K
Bitcoin volatility earlier in this week reached some of the most explosive price action in the asset’s history. In just a four hour window, the cryptocurrency rose and fell more than $1,000 each way, gyrating back and forth as buyers and sellers attempt equilibrium. дальше »
2020-12-4 18:09
Hackers Attack Israeli Insurance Company Shirbit, Demands $1 Million In Bitcoin
A leading insurance company in Israel, Shirbit has been hacked and the hackers demand 50 BTC or they will sell the data of its customers. The hackers posted a message on Telegram on Wednesday 2 December 2020 with details of the conditions for paying the ransom as posted by cybersecurity firm Hudson Rock on Twitter. […] дальше »
2020-12-4 15:16
Africa and Cryptocurrency. The current state of adoption across the continent
Cryptocurrency has somewhat moved past the “scrutiny stage” and now has its wings spread across all over the globe. Cryptocurrency adoption, as a result, is also on the rise, with many corporations, firms, businesses, governments, and countries. дальше »
2020-12-3 12:26
Former Bitcoin Critic Now Says Bitcoin Is Critical For Every Investment Portfolio – Here’s Why
Portfolio strategist and co-head of research at Bernstein Research, Inigo Fraser Jenkins has finally changed his mind about Bitcoin’s worth after two years of criticism. Jenkins, who once said that Bitcoin had no place in any investment portfolio has revised his view and declared that every investor should consider adding Bitcoin to their portfolios. “I […] дальше »
2020-12-3 11:27
TA: Why Bitcoin Must Clear $19.3K To Start A Fresh Rally Towards $20K
Bitcoin price remained in a range above the $18,500 support against the US Dollar. BTC is trading above $19,000 and it could start a strong surge if there is a clear break above $19. 3K Bitcoin is currently holding the $18,800 and $19,000 support levels. дальше »
2020-12-3 07:08
Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800
Bitcoin has begun to show signs of weakness after a strong drop last week The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows Some think Bitcoin remains in a bull trend as long as it holds the $17,800 region One analyst pointed to this region as a level of key technical importance due to the confluence around that region Bitcoin Must Hold the $17,800 Region Bitcoin has […] дальше »
2020-12-3 04:17
Why New Bitcoin Investors Shouldn’t Be Deterred By The Scarce BTC Supply
Bitcoin has recently caught fire with institutions, corporations, and hedge funds in 2020, as a defensive strategy to protect wealth against the non-stop money printing press that was turned on after Black Thursday. дальше »
2020-12-3 04:00
Analyst: Bitcoin is Forming a Grave Bearish Divergence on Its Macro Chart
Bitcoin has been struggling to hold above $19,000 following its latest rejection around its all-time highs The selling pressure at this level has proven to be quite intense, and it remains unclear as to when bulls will be able to surmount it For this region to be broken, Bitcoin’s buyers will first have to show some greater signs of strength, as they are currently struggling to hold the crypto above $19,000 A continued bout of […] дальше »
2020-12-3 02:00
Ten Different Bearish Divergences Stack Against Bitcoin, But Drop Has Yet To Arrive
Bitcoin has been unstoppable from Q2 2020 on, bringing the asset to a new all-time high and restoring interest and bullish momentum in the cryptocurrency market. But as the most dominant crypto asset in the space continues to climb with very few corrections in between, ten of the most widely used technical indicators are now […] дальше »
2020-12-3 23:00
‘Time Is Now’, PayPal CEO Dan Schulman Says On Cryptocurrencies Entering The Mainstream
PayPal CEO Dan Schulman was a keynote speaker during a Web Summit event today where he told the 100,000 attendees that cryptocurrency’s time to go mainstream is now. PayPal has grabbed the headlines in the cryptoverse in 2020. дальше »
2020-12-3 22:49
Why Former Donald Trump’s Honcho Thinks Bitcoin’s Boom Won’t Hold Up For Long
A former White House worker is currently throwing jabs at the Bitcoin market. Gary Cohn is a former economic chief who worked in the Trump administration until April 2018 when he quit the job after disagreeing with some of the people within the administration who opposed his proposals about tariffs. Before working at the White […] дальше »
2020-12-3 22:09
Things “Could Get Ugly” for Bitcoin if It Closes Below This Key Level
It has been a volatile past few days for Bitcoin and the entire crypto market, with the benchmark cryptocurrency’s bulls ardently trying to remain in control of it It has seen multiple sustained dips below $19,000, but each one is bought into aggressively and quickly reversed There is one crucial level being watched by a prominent analyst that could hold some heavy influence over the crypto’s price action He notes that a close below this […] дальше »
2020-12-3 21:00
Bitcoin Reaches a Juncture as Bulls Try to Thwart Selloff to $17,000
Bitcoin has been facing some immense volatility throughout the past few days and weeks, with sellers stepping up and trying to invalidate the strength seen by the cryptocurrency as they hold it below the key $19,000 level. дальше »
2020-12-3 19:38
Bitcoin Intraday Volatility Explodes, But Historically Is Only Just Getting Started
Bitcoin price is now once again trading around $20,000 and with it has brought about a surge in intraday volatility that the cryptocurrency market has yet to experience. However, according to a volatility measuring tool, this trend is only just beginning and will result in an explosive ride to the next bull market peak. Here’s […] дальше »
2020-12-2 18:44
The Most Profitable Buy Signal In Bitcoin Is About To Trigger Despite Distance From ATH
Bitcoin price this week set a new all-time high price record, taking the leading cryptocurrency by market cap to right below $20,000 before a minor pullback began. And while there is always a possibility that the asset could see a stronger correction given how overheated it is and how profitable the year of 2020 has been, one indicator is pointing to significant upside from here instead. дальше »
2020-12-2 18:00
Bitcoin Guaranteed to Stay Above $20,000 by July 2021, States Analyst
Bitcoin had a major bull rally towards a new 2020-high at $19,484 and only a few hundred dollars away from the all-time high at around $20,000. On November 25, the digital asset had a notable 2% pullback followed by a larger one in the following 24-hours. дальше »
2020-12-2 15:42
Bitcoin Could Evolve Into A Global Market, Says Head Of The World’s Largest Asset Firm
2020 will go down as the year that powerful bitcoin narratives changed especially among traditional financiers and institutional clients who have long had reservations about cryptocurrencies. The likes of Paul Tudor Jones and MicroStrategy’s Michael Saylor are two of many who have become staunch bitcoin advocates. дальше »
2020-12-2 13:03
On-Chain Analyst Says Bitcoin Could Hit $200,000 in 2021
According to Willy Woo, a prominent on-chain analyst, Bitcoin is likely going to move toward $200,000 to $300,000 in the coming year. He cited a technical price model that has accurately predicted some key inflection points in Bitcoin’s price history. дальше »
2020-12-3 13:00
TA: Bitcoin Correcting Gains, Why 100 SMA Could Trigger A Larger Decline
Bitcoin price formed a new yearly high close to $20,000 before correcting lower against the US Dollar. BTC could accelerate its decline if there is a clear break below the 100 hourly SMA. Bitcoin is currently correcting lower below the $19,500 and $19,000 levels. дальше »
2020-12-2 06:48
Bitcoin Is Becoming a Digital Gold Story: Mike Novogratz
Bitcoin has undergone a strong surge over the past few weeks, strongly outperforming gold. The price of the leading precious metal has actually dropped strongly over the past few weeks, underperforming the stock market and BTC massively. дальше »
2020-12-2 06:33
This Economic Model Predicts a $200,000+ Bitcoin Price by 2022
Bitcoin has been on a wild ride throughout the past few days, with bulls sending the cryptocurrency rocketing up to fresh all-time highs yesterday around $19,800 before losing their strength and succumbing to bears. дальше »
2020-12-2 05:00
From FOMO To Overbought: Why Bitcoin Is Overdue For A Steep Correction
FOMO has returned to the crypto market in a major way, now that Bitcoin has set a new all-time high price record. But as more buyers pile in after an already nearly 200% rally in 2020, indicators are reaching extreme readings of overbought conditions, that nearly every time in the past has resulted in a […] дальше »
2020-12-2 04:00
Here’s How Bitcoin Could Spark a Massive Move Higher for Smaller Altcoins
Bitcoin has seen some wild price action throughout the past few days and weeks, with the selling pressure seen at its all-time highs sparking multiple rejections Neither of the rejections seen at this level have done much to change the crypto’s trend, as it continues pushing higher each time Where the entire market trends next will depend largely on whether or not BTC can stabilize within the lower-$19,000 region Each visit to its highs degrades […] дальше »
2020-12-2 02:00
The Dollar Losing A Decade Long Trendline Could Send Bitcoin Skyrocketing
The year was 2009 and the dollar had just recovered from The Great Recession. Bitcoin was born and grew up while the dollar regained its throne. After ten years of strengthening, the pandemic and associated monetary response to sustain the economy, caused the almighty dollar to weaken again. дальше »
2020-12-2 23:00
Bitcoin Faces Harsh Rejection as Analysts Eye Potential Consolidation Phase
Bitcoin faced an incredibly harsh rejection earlier this morning that caused its price to plummet This came about directly following another test of the cryptocurrency’s all-time high, which was broken and tested on multiple occasions over the past day The resistance here is still significant and should not be overlooked Whether or not this level can be flipped into support anytime soon will offer serious insights into the entire market’s near-term outlook One trader is […] дальше »
2020-12-2 21:00
A Major Investment Firm Is About To Inject Over Half A Billion Dollars Into The Bitcoin Market – What This Means
Guggenheim Partners is a global investment firm that’s currently hitting the headlines in the crypto society. The firm runs the Macro Opportunities Fund, an investment fund of around $5. 3 billion in assets. дальше »
2020-12-2 20:16
Gold Begins Breakdown Against Bitcoin, Triggering 90% Decline On Per Oz Basis
Bitcoin price just set a new all-time high against the US dollar and other top global fiat currencies. But what might be even more significant, is the fact that the gold standard itself is breaking down against BTC after this latest rally. дальше »
2020-12-2 18:00
Current Bull Cycle Could Send Bitcoin As High As $590,000, This On-Chain Metric Shows
Bitcoin made history on Monday by breaking past its previous all-time high. While a near-term pullback could be possible, pundits have suggested that this rally is quite different from 2017 where bitcoin tickled the underbelly of $20,000 before crashing hard a month later. дальше »
2020-12-2 17:25
Bitcoin Volatility Kicks Into Overdrive After ATH Set, 7% One Hour Drop Follows
Bitcoin price yesterday shocked the finance world by setting a new all-time high. With resistance around this area still strong, and with so many cryptocurrency investors in profit for 2020, extreme FOMO and profit-taking is causing wild volatility resulting in more than $1,000 intraday moves. дальше »
2020-12-1 16:14
Bitcoin Still Has Potential to Run 2,500%: Tyler Winklevoss
Bitcoin recently set a new all-time high just shy of $20,000 on some top exchanges. Despite the strong rally from the March lows, analysts think there is further room for a rally. Speaking on CNBC on Monday, Tyler Winklevoss of Gemini said that Bitcoin could rally 2,500% from current levels. дальше »
2020-12-2 13:00
Bitcoin Trends on Twitter Amid Mass Media Coverage Around New ATH
Bitcoin just hit a new all-time high on top exchanges such as Binance and Bitstamp. This was marked by an influx of retail interest in the cryptocurrency, as many mainstream media outlets reported on BTC hitting new all-time highs. дальше »
2020-12-1 10:10
Why A Continued Bitcoin Price Dump Would Actually Be Extremely Bullish
Bitcoin is known for being an extremely volatile asset that can go up or down by more than 20% in one day. During the past bull rally that started in 2016, Bitcoin suffered numerous significant retracements of up to 40%. дальше »
2020-12-2 08:42
TA: Bitcoin Inching Higher, Why BTC Could Rally To New ATH Above $20K
Bitcoin price is up over 5% and it is trading above the $19,500 level against the US Dollar. BTC bulls seem to be aiming a new all-time high above the $20,000 resistance. Bitcoin is rising steadily and it broke a major hurdle at $19,500. дальше »
2020-12-1 06:48
Why The Double Top Narrative In Bitcoin Doesn’t Make Sense
Bitcoin price just set a new all-time high today, and then immediately dropped $500 and is trading below the former peak once again. Murmurs of a “double top” scenario have been making rounds across the speculation-driven crypto community. дальше »
2020-12-1 04:00
Top Technical Analyst Says Bitcoin Is Forming a “Classic” Top Setup
Bitcoin has undergone an extreme rally over the past few days After bottoming in the $16,100 region last week, the coin has rocketed higher to $19,600 as of this article’s writing The coin traded as high as $19,900 earlier today. дальше »
2020-12-1 03:26
Bitcoin is About to Post the Highest Monthly Candle Close Ever as Bulls Roar
Bitcoin is currently caught within the throes of an intense uptrend, with bears being unable to slow its ascent The strength of this uptrend has been quite intense, and seems to indicate that significantly further upside could be imminent The lower and mid-$19,000 region does hold some intense resistance for the cryptocurrency, and another rejection here could strike a heavy blow to bulls That said, the macro strength seen by BTC indicates that a move […] дальше »
2020-12-1 02:00
Bitcoin Targets $25,000 Fib Level With New All-Time High Set
Today, Bitcoin price set a new all-time high record. While that statement certainly speaks for itself, it does beg the question: what comes next? Given the fact that this hurdle was the one the entire investor class was watching, and it is now out of the way, the most logical next target could be $25,000. […] дальше »
2020-12-1 23:00
Crypto Community Rejoices As Bitcoin Sets A Fresh All-Time High; What Next?
After almost three years of patiently waiting, investors of the world’s largest cryptocurrency have celebrated a new record high on Monday after the price soared past $19,800, topping the previous all-time high registered in December 2017. дальше »