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Analyst Expects Bitcoin Retrace to $12,000 as Powerful Uptrend Stalls
Bitcoin has flashed some immense signs of strength throughout the past few hours, once again pushing up towards $16,000 Bulls appear to be gearing up for another test of this crucial resistance level If rejected here, this level could be confirmed as a mid-term top that is followed by immense downside A break above this level, however, would but a move to its all-time highs on the table One analyst is noting that he is […] дальше »
2020-11-11 21:00
Bitcoin Looks to Break $16,000 For First Time Since Early 2018
After a strong drop earlier this week as the U. S. Dollar bounced, Bitcoin has returned to an uptrend. The leading cryptocurrency currently trades for $15,930, $40 below the year-to-date highs, and $70 below the critical $16,000 resistance level. дальше »
2020-11-12 20:44
Bitcoin Rally Seemingly Unstoppable, Revisits Recent High Around $16K
Bitcoin price continues to be propelled higher from aggressive dip buyers looking to ride the new bull market beyond $20K. But first, the cryptocurrency has to get through just under $16K where it was stopped in its tracks just days ago. дальше »
2020-11-12 20:42
Altcoins Could See a Raging Bull Market if Bitcoin Continues Trading Sideways
Altcoins have been rocketing higher throughout the past few days and weeks, reaping the rewards of a stable Bitcoin and high Ethereum prices. Tokens within the decentralized finance sector – commonly referred to as DeFi – have been some of the biggest beneficiaries of the recent market-wide strength. дальше »
2020-11-12 19:30
Bloomberg Analyst: Bitcoin’s Link With Nasdaq Being Broken Favors Continuation
Bitcoin has given a powerful buy signal that demanded the financial world begin paying closer attention to cryptocurrencies. The recent momentum has also caused the top crypto asset to “decouple” from the stock market. дальше »
2020-11-11 18:00
The Bull Run Continues As Bitcoin Hits Strong Buy Zone
Altcoins may be dealing with intense market pressure but Bitcoin isn’t, despite the slight plunge in Bitcoin’s price this week. To take the decline in price as a sign that the bull run is over may not be as beneficial as it may currently look, according to new on-chain data that says otherwise. CryptoQuant, a […] дальше »
2020-11-11 15:23
A Recap of the Billionaires That Are Big Fans of Bitcoin
Bitcoin is still seen by some as a scam or something with little intrinsic value. But this is changing, with prominent institutional investors and billionaires backing Bitcoin. Here’s a brief recap of some of the many billionaires that are big on Bitcoin. дальше »
2020-11-11 13:00
Eyes on the Charts: Bitcoin Is Testing a Support Level Formed in Early September
Bitcoin has entered a period of consolidation after peaking at $15,975 late last week. The cryptocurrency has bounced between those highs and lows around $14,500 due to volatility in the price of the U. дальше »
2020-11-11 13:00
TA: Bitcoin Trades Near Crucial Juncture, Why 100 SMA Is The Key
Bitcoin price is facing a strong resistance near $15,500 and $15,600 against the US Dollar. BTC could clear the $15,500 resistance unless there is a clear break below the 100 hourly SMA. Bitcoin is facing a strong barrier near the $15,500 and $15,600 resistance levels. дальше »
2020-11-11 06:48
This Pattern Suggests Bitcoin Could See a Prolonged Consolidation Phase
Bitcoin has seen some immense volatility throughout the past few days, rallying to highs of $15,800 just over a day ago before facing a sudden influx of selling pressure that sent its price plunging to lows of $14,800. дальше »
2020-11-11 05:00
Macro Analysis Predicts Bitcoin Has Begun Rally Toward $100k
Bitcoin has started to rally massively over recent weeks. BTC currently trades at multi-year highs near $16,000 and is signaling that it wants to break even higher. According to a macro analysis by crypto-asset trader Josh Rager, BTC is on the verge of an exponential uptrend. дальше »
2020-11-11 02:59
Bitcoin is Testing a Key Parabolic Trendline as Bears Try to Spark Downside
Bitcoin has been struggling to maintain its immense momentum following the multiple rejections seen at $16,000 It is now consolidating within the lower-$15,000 region, with bulls struggling to hold it above this level as it continues slowly drifting lower It did see a sharp rebound from its overnight lows of $14,800 that were set during yesterday’s selloff, with the support here being significant That being said, the multitude of rejections at $16,000 hasn’t bode well […] дальше »
2020-11-11 02:00
‘Bitcoin Bet Will Work Better Than Gold Bet’: Another Legendary Hedge Fund Manager Says He Has Purchased Bitcoin
Billionaire hedge fund manager Stanley Druckenmiller is the latest high-profile investor to publicly disclose that he has invested in the bellwether cryptocurrency. During a recent interview with CNBC, the high-net-worth investor revealed that he also owns some gold. дальше »
2020-11-11 23:30
Bitcoin Experts Claim Post-Halving Performance Is More Bullish Than Pre-2017
Bitcoin price is gaining in momentum, tracking along well with the many scarcity-based valuations models that exist. These theories all believe that the cryptocurrency’s block reward halving kicks off a markup phase of epic proportions. дальше »
2020-11-11 23:00
Here’s Why Analysts Expect Bitcoin to Plunge Lower in the Near-Term
It has been a relatively uneventful day for Bitcoin, with the benchmark crypto ranging sideways following the immense decline seen yesterday that sent it down to $14,800 The buying pressure at these lows proved to be too much for bears to handle and instantly sparked a “V-shaped” recovery BTC is now hovering within the lower-$15,000 region, struggling to gain any upwards momentum as its buyers and sellers reach an impasse This trend of stability may […] дальше »
2020-11-11 21:00
Ex-Microsoft Engineer Handed A Nine-Year Prison Sentence For A $10 Million Criminal Scheme Involving Bitcoin
A former software engineer at Microsoft has been sentenced to nine years in prison after he devised a complex scheme, involving bitcoin, to steal over $10 million from his former employer. Ukrainian national Volodymyr Kvashu, 26, was charged by a Seattle District court with 18 felonies including identity theft and money laundering. According to a […] дальше »
2020-11-11 20:56
This Historic Trend Shows Bitcoin Could Soon See a 700%+ Rally; Here’s Why
Bitcoin has seen some choppy price action throughout the past day, with its price mainly consolidating within the lower-$15,000 region as bulls and bears struggle to gain control of its near-term outlook. дальше »
2020-11-11 19:30
Engineer Uses Bitcoin to Defraud Microsoft of $10M, Evade Taxes
Bitcoin is regularly blasted by regulators and the IRS for its use in illicit crime such as money laundering or tax evasion. Unfortunately, a story involving a former Microsoft engineer who used the cryptocurrency to mix over $10 million he had defrauded the company out of, doesn’t help that case. дальше »
2020-11-11 18:00
Analyst Who Predicted Bitcoin’s V-Shaped Reversal Explains Why BTC Is Bullish
Few expected Bitcoin to bounce back after the crash in March. The cryptocurrency had basically halved within a single 24-hour time frame, leaving many convinced that the asset’s life span was over. дальше »
2020-11-10 15:00
Analysts Eye Bitcoin Move Past $16,000 as Buying Pressure Continues
Bitcoin has dropped since its highs of $15,975 set last week. The coin trades for $15,300, which is still far above the lows of $14,300. Analysts think that Bitcoin could resume its ascent above $16,000 in the coming days as the price holds the $15,000 region. дальше »
2020-11-10 13:00
This Key Metric Suggests Bitcoin Investors Are Starting to Get Greedy
Bitcoin has undergone a strong surge since the lows seen when OKEx announced it had frozen withdrawals. In the past 30 days alone, BTC has gained more than 40%, shocking most investors. Key on-chain trends show that Bitcoin investors are starting to become “greedy. дальше »
2020-11-10 05:00
Bitcoin Held a Pivotal Support During Its $1,500 Correction
Bitcoin underwent a swift drop on Monday morning on news of a successful vaccine trial. The leading cryptocurrency was largely reacting to the U. S. dollar index, which moved higher seemingly because a vaccine would mean less stimulus would be necessary moving forward. дальше »
2020-11-10 02:59
Here’s why this billionaire investor just flipped bullish on Bitcoin
Another day, another billionaire investor foraying into Bitcoin.
The post Here’s why this billionaire investor just flipped bullish on Bitcoin appeared first on CryptoSlate.
дальше »2020-11-10 02:40
These Factors All Suggest Bitcoin is Poised to Explode Past $16,000
Bitcoin has been seeing some slight turbulence over the past few hours on news of Pfizer developing a highly effective vaccine Initially, this news sent BTC’s price inching lower, but it has since shown signs of strength as buyers absorb sell orders It remains unclear as to whether or not this news, and the ongoing stock market rally, will bode well for the cryptocurrency in the days and weeks ahead If BTC continues trading like […] дальше »
2020-11-10 02:00
How The Biden Administration May Impact The Bitcoin Price In 2021, According To Industry Experts And Investors
After four painfully long days of counting the votes, Joe Biden was finally declared the 46th president of the United States. Major news agencies and the Associated Press declared Biden and his running mate Kamala Harris as the winners of the 2020 race, although Donald Trump is yet to concede the election. With the election […] дальше »
2020-11-11 00:34
Bitcoin’s Price Hike Has Made The Winklevoss Twins Billionaires Again
The Winklevoss twins are billionaires again. All thanks to the Bitcoin price rise over the last few days. Cameron and Tyler Winklevoss were among the early Bitcoin investors, having bought about $11 million worth of Bitcoin back in 2013. дальше »
2020-11-10 22:36
Vaccine News Strikes Blow to Safe Haven Assets; Potentially Impacting Bitcoin
The global stock markets are rocketing today on news that a vaccine that would put an end to the ongoing pandemic has 90% effectiveness This news signals that it may only be a matter of months before things start going back to normal, which means a reduction in government spending and economic turbulence Naturally, this is a bad thing for safe haven assets, with today’s news sending the price of gold nosediving Bitcoin has seen […] дальше »
2020-11-9 21:00
Institutional Investors Are Now More Likely To Choose Bitcoin Over Gold – And Here’s Why
Institutional investors now prefer Bitcoin over gold, according to a recently published research note by financial analysts at JP Morgan. The analysts observed that throughout October, Grayscale, the biggest digital assets manager recorded cumulative inflows on its Bitcoin trust. дальше »
2020-11-10 20:12
Run to All-Time Highs is “Not Out of the Question” Despite Bitcoin Plunge
Bitcoin has seen heightened volatility this morning, likely due to that seen within the global markets. Stocks are rallying today, while precious metals and so-called “safe haven assets” all plunge due to positive vaccine news. дальше »
2020-11-9 19:14
Stock Market Sees Largest Surge Since V-Shaped Recovery, Another Leg For Bitcoin?
On the heels of positive vaccine news and a winner finally being declared in the US presidential election, major US stock indices like the S&P 500 and the Dow Jones Industrial Average set a new all-time high price record. дальше »
2020-11-9 18:00
Bitcoin Falls on Positive Coronavirus Vaccine Results; Risks Ahead?
Bitcoin’s second attempt to close above $16,000 hit a wall on Monday as traders assessed the latest progress on a coronavirus vaccine. The benchmark cryptocurrency fell 0. 77 percent, suggesting that its last week’s advance, which took its price to a three-year high, would reverse in the daily sessions ahead. дальше »
2020-11-9 17:01
Bitcoin Responds To Biden Victory With Rollercoaster Intraday Volatility
Bitcoin and cryptocurrencies are known for their notorious volatility, rising by enormous figures only to retrace nearly 90% of the entire rise. Except that usually happens on a grander scale. Since Biden was proclaimed the winner of the US election, however, intraday volatility has skyrocketed. дальше »
2020-11-9 16:55
Bitcoin Is Primed to See 10% Jump, Says Analyst Who Called V-Shaped Bounce
Bitcoin has faced a retracement since hitting the highs of $15,975 last week. BTC currently trades for $15,400. Analysts remain confident in the short-term prospects of Bitcoin. The same trader that in the middle of March predicted that Bitcoin would see a strong V-shaped reversal to $10,000 by May or June is bullish. дальше »
2020-11-9 15:00
Here’s Why Bitcoin Could See One More Correction Before Its Uptrend
From last week’s highs, Bitcoin sustained a heavy correction into Saturday. The cryptocurrency fell from $16,000 to a low of $14,300, marking the first large correction of the recent uptrend. The cryptocurrency has since bounced back as the markets have turned risk-on once again on news of a seeming Biden presidency. While the Nasdaq futures […] дальше »
2020-11-9 13:00
TA: Bitcoin Struggles Near $15.6K, How 100 SMA Could Trigger An Upside
Bitcoin price started a fresh increase from the $14,380 swing low against the US Dollar. BTC is back above the 100 hourly SMA, but it must surpass $15,600 for more upsides in the near term. Bitcoin started a strong upward move after trading as low as $14,380. дальше »
2020-11-9 06:58
Despite Drop From $16k High, Bitcoin’s Weekly Chart Is “Convincing”
Bitcoin has dropped since the highs of $15,975 set in the middle of last week. The price of the leading cryptocurrency currently trades for $15,200 but traded as low as $14,300 on Saturday. Despite the drop, analysts believe that the cryptocurrency remains on an upward path. дальше »
2020-11-9 02:15
JPMorgan: Bitcoin Institutional Inflows in October are “Impressive”
Leading Bitcoin and crypto-asset fund manager Grayscale has seen a strong influx of investment over recent months. JP Morgan analysts think that this may be a sign that Bitcoin is acting as an alternative to gold. дальше »
2020-11-9 02:00
Bitcoin price long overdue for an astounding rise to $100k, says analyst
Predictions are nothing new in the world of crypto. Time and time again, cryptocurrency analysts, investors, and traders have predicted Bitcoin’s future price. Because the market is in a constant state of rotation, hence predictions have always been a game of hit or miss. дальше »
2020-11-9 01:25
Analysts Eye Multi-Month Bitcoin Accumulation Phase as Bears Weaken
Bitcoin is flashing immense signs of strength today, with its rebound from yesterday’s decline to $14,400 being an impressive display of bulls’ current control of the asset This rebound has significantly bolstered its technical outlook and only further confirms what many have already suspected – dips are for buying in this market environment One analyst is now noting that Bitcoin could soon start an accumulation phase before it can make a bid at setting fresh […] дальше »
2020-11-9 01:00
Why This Analyst Thinks Bitcoin Hits $17,000 in the Next Week
Bitcoin has dropped dramatically from the $16,000 highs, falling as low as $14,300 this weekend. Analysts remain optimistic that the cryptocurrency is set to resume its uptrend in the days and weeks ahead. дальше »
2020-11-9 00:00
Whales Flip Long on Bitcoin While Retail Remains Sidelined; A Bullish Sign?
Bitcoin has been flashing signs of strength today as it rebounds from an intense selloff seen yesterday. Its reaction to this dip proves that this is a firm bull market, as each bout of selling pressure is met with serious buy-side pressure that slows its descent and helps lead it to see further upside. Where […] дальше »
2020-11-9 23:00
Bitcoin Likely to Retest Highs as Bulls Erase Yesterday’s Losses
Bitcoin is seeing some immense strength today as its price rallies past $15,000 once again The cryptocurrency has been struggling to hold above this level after it faced an intense influx of selling pressure at $16,000 The rejection here wasn’t too intense, however, as Bitcoin’s latest pullback was short-lived and followed by immense upside Where it trends next will likely depend largely on how strong of support bulls can build at $15,000 If it breaks […] дальше »
2020-11-9 19:31
John Hopkins Economist: Bitcoin Is Still “Highly Unstable” and “Speculative”
Bitcoin has undergone a strong surge since the March lows, rallying as high as $16,000 from $3,500. Stepping back even further, Bitcoin’s performance is even more impressive. Even still, the cryptocurrency has its critics. дальше »
2020-11-9 13:00
Wall Street Investor Bill Miller Is Extremely Bullish on Bitcoin Once Again
Bill Miller, a prominent Wall Street investor who runs Miller Value Partners, says that he remains bullish on the cryptocurrency. When asked about Bitcoin on CNBC, the investor pinned his bullish sentiment to a simple thing: supply and demand. дальше »
2020-11-9 10:00
Bitcoin Starts Corrective Decrease, Why It Could Rally If It Clears $15.3K
Bitcoin price traded to a new multi-month high near $15,970 before correcting lower against the US Dollar. BTC is holding the $14,500 support and it could start another rally. Bitcoin started a sharp downside correction after trading close to the $16,000 resistance. дальше »
2020-11-8 07:48
Biden Administration Expected to Tap Pro-Bitcoin Politician Gary Gensler
With a number of leading politicos calling the presidential election for Biden, analysts have begun to wonder how Bitcoin will be affected. Gary Gensler is expected to be an advisor to the White House. дальше »
2020-11-8 03:00
Famous Rapper Logic Just Made a “Big Investment” In Bitcoin
Bitcoin trended on Twitter this past week as its price shot higher in the biggest move in months. In the span of a day, the price of BTC rallied by approximately $2,000, shocking most investors. The move garnered so much attention that famous celebrities began to discuss the cryptocurrency once again. One such celebrity was […] дальше »
2020-11-8 02:59
Here’s How Bitcoin Can Still Thrust to $17,000 In the Near Future
Bitcoin has undergone a strong drop since the weekly highs of $15,975. The price of the leading cryptocurrency is $14,800 as of this article’s writing, $1,200 shy of the highs but $500 above the daily lows. дальше »
2020-11-8 02:00
Why This Data Metric Indicates Bitcoin Traders Should “Proceed with Caution”
Bitcoin is now consolidating within the lower-$15,000 region following an intense selloff overnight During this time, bears attempted to invalidate the cryptocurrency’s market structure and push it below the lower-$15,000 region, but bulls have held strong Because this decline has been slow and mostly absorbed by buyers, there’s a strong possibility that it will be followed by further upside One indicator is flashing some warning signs to investors, with the average returns seen by traders […] дальше »
2020-11-8 01:00
Analyst Who Called Bitcoin Drop Thinks $14,000 Is Next Due to Fractal
Bitcoin has dropped dramatically since the $15,975 highs seen earlier this week, falling as low as $14,300. The coin currently trades for $15,000 after a strong bounce. Analysts see this as bullish as the low-$14,000s held as support. дальше »