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Bitcoin Just Broke to $16,500: 3 Reasons Why Analysts Expect More Upside
Bitcoin is mounting a strong bounce from the weekend lows of $15,700. Just minutes ago, the leading cryptocurrency broke to $16,500 and passed it for the first time this year. At its local highs, BTC traded for $16,550. дальше »
2020-11-16 19:22
Bitcoin Bull Market Corrections Examined: What To Expect When Crypto Corrects
For all intents and purposes, Bitcoin is back in a bull market. But even bull markets don’t always simply move upward in a straight line. Along the way, the road gets rocky, and violent and volatile corrections wipe out weeks of progress made in a matter of one or two. дальше »
2020-11-16 18:00
Intercom Co-founder Says He’s Jumped On Bitcoin Bandwagon After Years Of Staying On The Sidelines
Eoghan McCabe, the co-founder and chairman of United States-based software company Intercom has revealed in a tweet today that he has fully embraced bitcoin after “years of dabbling”. McCabe then urged others to follow his lead. дальше »
2020-11-16 17:28
Citibank Managing Director Sees Bitcoin Price At $318,000 By December 2021
Thomas Fitzpatrick, the managing director at Wall Street giant Citibank has written a detailed report titled “Bitcoin: 21st Century Gold” to the bank’s institutional clients highlighting the similarities between the 1970 gold market and bitcoin. дальше »
2020-11-16 16:03
Incoming Bitcoin Whales Are As Necessary As They Are Unreliable – Here’s Why
At the time of this writing, the price of Bitcoin is $16,180, only a few percent away from retesting the $16,500 price mark; a price that was last seen in 2017, hence, this is Bitcoin’s 2020 all-time high, at least until the incoming bulls’ catapults Bitcoin to $20,000, hopefully, sooner than later. The $20,000 price […] дальше »
2020-11-16 13:00
TA: Bitcoin Near Inflection Zone, Why Breakdown Below $15,800 Seems Likely
Bitcoin price started a downside correction from well above $16,200 against the US Dollar. BTC is likely to accelerate losses if there is a clear break below the $15,800 support. Bitcoin failed to stay above the $16,200 support and extended its decline. дальше »
2020-11-16 06:48
Bitcoin Could “Pull a Tesla” Rally Before 2020 Ends: Analyst
Economist and prominent market analyst Alex Kruger is not concerned about Bitcoin’s medium-term trend despite recent price weakness. He says that the coin could pull a Tesla-like rally in the months ahead. дальше »
2020-11-16 05:00
Why New Highs May Be Imminent For Bitcoin if $16,150 is Reclaimed
Bitcoin has begun to slide lower over the past few days as selling pressure has tapered off at the $16,500 highs. The leading cryptocurrency currently trades for $15,900, a few percent below those highs but still situated above key support levels. дальше »
2020-11-16 02:00
Capital Is Flowing Into Bitcoin Almost At a Record Pace: On-Chain Data
Bitcoin has exploded higher over the past few weeks. The coin is up around 50% in the past five weeks alone. Capital is flooding into the Bitcoin market almost at a record pace, according to Willy Woo. дальше »
2020-11-16 23:00
Analyst: Bitcoin Could Reel to $13,000 or Lower if It Breaks One Key Level
Bitcoin has been struggling to hold above $16,000 throughout the past couple of days, which is a somewhat grim sign Its weekly candle close is just a couple of hours away, and how it trades heading into this will likely set the tone for where it trends in the week ahead The ongoing influx of […] дальше »
2020-11-16 22:45
Facebook And Google Soon To Enable Bitcoin Buying, Businessman Jason Yanowitz Asserts
It will come as no surprise that big technology and finance co-operations are considering cryptocurrencies behind the scenes. As we’ve seen before, many of these traditional fintech institutions have changed their company policies to accommodate digital currencies, either through investing or expanding their company’s structures to allow for the inclusion of cryptocurrency usage. The continuation […] дальше »
2020-11-16 19:43
Bitcoin is Poised to Rally Towards $17,000 Next as Outlook Grows Bright
Bitcoin has seen a quiet weekend of trading, with the cryptocurrency struggling to gain any immense momentum as bulls and bears reach an impasse This has led to a prolonged bout of sideways trading around $16,000, with bulls and bears both struggling to gain control of its near-term Its recent price action has done little to provide any insights into where it might trend over a mid-term time frame That being said, one analyst is […] дальше »
2020-11-16 19:39
Twitter’s Jack Dorsey Starkly Disagrees With Ray Dalio About Governments Killing Bitcoin
The better part of this week has been mainly bullish with the price of bitcoin zooming past $16,000. But despite the positive sentiment, billionaire hedge fund manager Ray Dalio doubled down on his skepticism towards the king of cryptos. дальше »
2020-11-16 15:58
Bitcoin Retakes $16k, But This Prominent Market Pundit Says It’s In Bubble Territory
Bitcoin price has been on a wild run since October 7 after bouncing off a low of $10,546. On October 21, the digital asset broke its correlation with the stock market and major indices like the S&P 500, cracking $12,000 and $13,000 on the same day. дальше »
2020-11-16 10:24
Bitcoin’s On-Chain Fundamentals Still Bullish, Says Leading Analyst
Bitcoin has faced a slight retracement since the $16,500 highs set a few days ago. The leading cryptocurrency has dropped to $16,000 as of this article’s writing and fell as low as $15,700 on Saturday morning. дальше »
2020-11-16 09:00
Bitcoin Signaling Start of Corrective Decrease, Why $15K Is The Key
Bitcoin price traded to a new multi-month high close to $16,500 against the US Dollar. BTC is now signaling a downside correction and it could test the $15,200 support. Bitcoin traded above the $16,000 resistance and almost tested the $16,500 zone. дальше »
2020-11-16 07:08
Bitcoin Primed to Bounce as $16,000 Level Holds Multiple Times
Bitcoin has undergone a slight drop since the $16,400 highs. Though analysts think that the cryptocurrency remains bullish as the $16,000 support level holds. Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Bitcoin Could Move Back Toward the Highs as $16,000 Holds Analysts think that Bitcoin could move back toward the […] дальше »
2020-11-16 05:21
Analysts Watch Crucial Bitcoin Support as Altcoins Gain Momentum
Bitcoin has been inching lower throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend This slight decline has come about following a period of immense strength and stability as it consolidated above $16,000 If it continues trading below this level, its recent $16,500 highs could mark a long-term top Where it trends next may depend on one key support level that an analyst […] дальше »
2020-11-15 01:00
Incoming U.S. Senator Promotes Bitcoin on National Television
Bitcoin was recently promoted on national television by the incoming Wyoming senator Cynthia Lummis. Lummis is also a fan of Bitcoin. When commenting on the cryptocurrency in a recent interview with Good Morning America on ABC News, she said that she thinks the cryptocurrency is a viable store of value. дальше »
2020-11-15 00:00
Bitcoin Tests Key Parabolic Trendline as Uptrend Shows Signs of Slowing
Bitcoin has seen some brutal price action throughout the morning, with overleveraged long positions being shaken out with a brief dip down to $15,700, while those panic shorting were then liquidated by a sharp rebound. дальше »
2020-11-14 22:00
Bitcoin Faces Drop Under $16,000: What Analysts Think Is Next
After holding above $16,000 and pushing above $16,400, Bitcoin has faced a drop. The coin currently trades for $15,800, slightly below the aforementioned highs but still above key support levels. Some analysts expect the market to consolidate further in the days ahead, potentially after one more leg higher. Yet there are signs that the market […] дальше »
2020-11-14 22:00
Indicator Suggests Bitcoin is Overbought; $13,300 Could be Imminent
Bitcoin is currently struggling to hold above its crucial $16,000 support level as buyers and sellers both fight for control of its near-term price action Where it trends next will likely depend largely on the continued reaction to this level, as a sustained decline below it could strike a serious blow to its technical outlook One trader is noting that one technical indicator is suggesting that Bitcoin is overbought at the present moment The same […] дальше »
2020-11-14 19:25
Bitcoin Quickly Falls Below $16,000 As Parabolic Bull Run Pauses
Bitcoin’s price has been trending up over the past few weeks, hitting as high as $16,485. Bitcoin had shown quite some resilience above $16K which has in the past acted as a major reversal point. On Saturday, however, the flagship cryptocurrency fell to as low as $15,755 within a few hours as the bulls seemed […] дальше »
2020-11-15 18:57
Historically Accurate Analyst Expects Bitcoin to Hit $18,000 In Coming Days
Bitcoin has been rallying higher once again after days of consolidation. The cryptocurrency currently trades for $16,100, though traded as high as $16,500 hours ago. A leading analyst says that Bitcoin is trading in the midst of a textbook Elliot Wave pattern that will likely end with BTC peaking at $18,200 in the coming days, then correct toward $15,000. дальше »
2020-11-14 10:00
Key Bitcoin Price Fractal Predicts a $3,000 Correction Is Due
Bitcoin has undergone a strong rally over the past few weeks, pushing as high as $16,500. Analysts are starting to fear that a correction is due, though. One crypto-asset analyst recently shared a fractal showing that the cryptocurrency is trading in a remarkably similar way to how it did during the 2017 highs at $20,000. […] дальше »
2020-11-14 10:00
Peter Schiff’s 18-Year-Old Son Beat Gold Bug At Own Game By Buying Bitcoin
Bitcoin is often called digital gold, much to the dismay of gold bugs like Peter Schiff. Unfortunately for boomers like Schiff, millennials like his son Spencer, are increasingly opting for the cryptocurrency instead. дальше »
2020-11-14 04:00
Top Trader: Bearish S&P 500 Means Bitcoin May Have Topped
Bitcoin has undergone a strong 50% rally over the past 30 days. The leading cryptocurrency traded as high as $16,500 just hours ago, though has since retraced toward $16,200 as buying pressure has tapered off. дальше »
2020-11-14 02:59
Bitcoin Sees 200 Days of Gains; Here’s the Key Level It Must Keep Holding
Bitcoin has been in a macro uptrend for the past 200 days, first beginning when the cryptocurrency plunged to lows of $3,800 in mid-March Ever since, it has been rallying higher, seeing multiple consolidation phases and even a few sharp selloffs Nonetheless, this trend has resulted in it rallying up to its post-2017 highs of $16,400 that were set yesterday evening The crypto is now consolidating just below these highs as bulls aim at leading […] дальше »
2020-11-14 02:00
$17,149 Is The Last Resistance Zone Standing In The Way Of Bitcoin Reaching New ATH: Trader
Bitcoin has been on a roll over the past few weeks. The bitcoin community has been cheering on as the cryptocurrency topped $16,000 for the first time in almost three years. The bellwether cryptocurrency has spent a countable number of days at current price levels in the past. дальше »
2020-11-14 23:24
Analyst: Key Amazon Stock Fractal Is “Anti-FOMO” For Bitcoin
The recent bullish breakout in Bitcoin has caused a massive wave of FOMO as late to the game buyers attempt to get in before the cryptocurrency takes off to a new all-time high. But one sharp-eyed crypto analyst has spotted a fractal in Amazon’s post-dot-com bubble crash recovery that closely matches the cryptocurrency’s recent price […] дальше »
2020-11-14 23:00
Bitcoin Enters “Uncharted Territory” as Macro Outlook Grows Bullish
Bitcoin is holding steady above $16,000, even gaining some slight momentum above this level as buyers remain in full control This price action has been undoubtedly bullish for the cryptocurrency, with a daily close above this level confirming that this latest push higher is more than a fleeting pump Now that buyers have flipped this into support, it could be time for the crypto to see even further gains in the near-term One analyst explained […] дальше »
2020-11-14 21:00
Top Investors Bet $1M That Bitcoin Stock-to-Flow Model Won’t Become A Reality
A price-forecasting scarcity model that puts bitcoin at $288,000 by 2024 will not hold up in the coming years, according to two crypto hedge fund chiefs who are willing to put their money where their mouth is and make a $1 million bet. дальше »
2020-11-14 18:51
Friday The 13th: How Superstition Could Impact Bitcoin Trend Changes
Today is Friday the 13th and only the second occurrence of the eerie date in what has been a cataclysmic year. As the clock turned to the new day, Bitcoin price action retreated slightly for the first time in weeks. дальше »
2020-11-14 18:00
Why Traders Growngly Expect Bitcoin “Reaccumulation” At $15K Before Next Run
The price of Bitcoin (BTC) surpassed $16,000 with strong momentum and has remained above the resistance-turned-support area since the initial breakout. Yet, traders are turning slightly cautious, anticipating a “reaccumulation” trend in the near term. дальше »
2020-11-14 16:00
After $17,150 Turns Into Support, Bitcoin Could Surge Toward $20,000
Bitcoin has begun to surge higher again after multiple days of consolidation under $16,000. The coin traded as high as $16,500 earlier today. Analysts are not yet convinced it’s clear skies for Bitcoin, though. дальше »
2020-11-14 15:00
All Eligible PayPal Account Holders In The U.S. Can Now Buy And Sell Bitcoin
Payments giant PayPal has effectively lifted the waitlist for users looking to use its crypto service, allowing all eligible US customers to buy, sell, and hold cryptocurrencies. PayPal Opens Its Doors To All US Crypto Customers On Thursday, PayPal announced in a brief update to its original October 21 announcement that its crypto trading service […] дальше »
2020-11-14 00:32
Hedge Fund Titan Ray Dalio Foresees Governments Banning Bitcoin If It Becomes A Roaring Success
Ray Dalio, hedge fund titan, and well-known bitcoin skeptic says governments could potentially “outlaw” bitcoin and other cryptocurrencies should they become too successful. Dalio is the founder of Connecticut-based Bridgewater Associates hedge fund which has approximately $160 billion assets under management. дальше »
2020-11-12 21:19
These 3 Factors Suggest Bitcoin is Ready to Explode Higher in Coming Days
Bitcoin has firmly broken above $16,000, with the cryptocurrency flashing signs of immense strength as buyers move to shatter this incredibly strong resistance level Analysts believe that this ongoing rally may just be getting started, as there are a multitude of different factors currently working in bulls’ favor One trader explained in a recent tweet that funding rates and premiums have both been diving, signaling that margin traders are flipping short This trend, coupled with […] дальше »
2020-11-12 21:00
Bitcoin is Trading at a Massive Premium on the CME; What This Could Mean
Bitcoin’s price is now trading firmly above $16,000. This marks a notable technical breakout that could indicate significantly further upside is imminent in the near-term. This level has long been holding strong as resistance, with the selling pressure here catalyzing multiple potent rejections throughout the past few days and weeks. If buyers can flip this […] дальше »
2020-11-12 19:39
Receding Risk Appetite Paves Way for Bitcoin Breakout Above $16K
Bitcoin hit a bull’s eye ahead of the New York opening bell Thursday as its price closed above $16,000. The flagship cryptocurrency did not extend its welcome, falling prey to a moderate selling bias that led it back below $16,000. дальше »
2020-11-12 17:31
“Not A Convincing Move,” Bitcoin Analyst Asserts After Price Hits $16K
A flash pump in the early London hours Thursday led the Bitcoin price above $16,000. As of 1000 GMT, the BTC/USD exchange rate topped for the day at $16,169, a level last occupied in January 2018 when the pair was correcting lower after establishing its record high near $12,000 the previous month. The sudden upside […] дальше »
2020-11-12 15:30
Bitcoin Spike Above $16K Rejected At First Weekly Bear Market Resistance From 2018
In the early overnight hours of the morning, Bitcoin price made yet another attempt at pushing beyond the local high of $15,950 and into $16K territory. And while the attempt was successful at making it through, a powerful $500 rejection send the crypto asset tumbling lower. дальше »
2020-11-12 15:18
Here’s Why Analysts Aren’t Convinced of Bitcoin’s Rally Just Yet
Bitcoin and Ethereum have undergone strong rallies over recent weeks since their September lows. BTC currently trades for $16,000, far above the $9,800 lows seen in September. Other assets have also ripped higher. дальше »
2020-11-12 13:00
TA: Bitcoin Prints Bullish Pattern, Why Break Above $16K Could Be Significant
Bitcoin price regained momentum and broke the $15,800 resistance against the US Dollar. BTC is trading nicely above the $15,500 support and the bulls seem to be aiming a break above $16,000. Bitcoin gained over 2% and it spiked above the $15,850 resistance zone. дальше »
2020-11-12 06:48
Billionaire Investor Ray Dalio Isn’t Convinced Of Bitcoin Just Yet
Bitcoin has undergone a strong rally over the past few weeks and months, showing it does have value even in a world where there is much uncertainty. Driving this rally, analysts say, are institutional players. дальше »
2020-11-12 06:00
Bitcoin Posts High Time Frame Breakout as Analysts Eye $17,000+
Bitcoin has shown some immense signs of strength today as buyers aim for a $16,000 break. If this level is shattered, the cryptocurrency could be poised to see some immense gains in the coming few days. дальше »
2020-11-12 05:00
Pro-Crypto Group Attempts To Get Bitcoin Added As A Swiss Reserve Currency
Bitcoin is a lot of different things to different people. It is a store of wealth, a transfer of value, an insurance policy against the unknown, and even a source of hope. Soon, one pro-crypto group hopes to get Bitcoin added alongside gold and the dollar as a Swiss Reserve Currency. Here’s why that would […] дальше »
2020-11-12 04:00
Bitcoin Enters “Chop Mode” as Analysts Eye Potential Consolidation Phase
Bitcoin has yet to break above any key resistance levels over the past couple of weeks, with the resistance at $16,000 holding strong The selling pressure here has proven to be significant and has stopped the cryptocurrency’s immense uptrend right in its tracks Where the entire market trends next will likely depend on how Bitcoin trades as it nears this crucial level One prominent trader is stating that he expects Bitcoin to see further chop […] дальше »
2020-11-12 02:00
Bitcoin Finds A New Convert In Former Australian Senator Who Thinks “Bitcoin Is The Millennial Version Of Gold”
A former member of the Australian Senate is joining the Bitcoin bandwagon and with a bang. Former senator Cory Bernardi has been a rather controversial figure during his days as a senator. He’s known for his views against any attempt to introduce anything that could turn his country into a Marxist society. In January, he […] дальше »
2020-11-12 01:50
Kucoin Co-founder Reveals That 84% Of Hacked Funds Have Been Recovered
Kucoin’s co-founder, Johnny Lyu, in a tweet on Wednesday, November 11th, 2020, updated the community about the progress so far on the recent hack that rocked the exchange in September. Lyu, in his tweet, made it known that 84% of the hacked funds are now recovered, with efforts to get back the rest still ongoing. […] дальше »