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Indicator Shows Bitcoin is “Overbought” as Average Investor Profit Hits 115%
Bitcoin may be forming a mid-term top around its recent highs, with the multiple rejections posted at $13,800 not bearing too well for its short-term outlook The cryptocurrency remains caught within a potent uptrend, but this level is proving to be incredibly difficult for bulls to break If they continue failing to find any stability around this level despite the bullish monthly candle close, it could point to weakness amongst buyers One analytics firm is […] дальше »
2020-11-3 02:00
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Bitcoin Bounces $500 After 7% Correction: What’s Next for BTC?
On Monday morning, Bitcoin plunged lower despite a rally in the price of equities. The price of the leading cryptocurrency currently is $13,700, around $500 above the daily lows at approximately $13,200. дальше »
2020-11-3 00:42
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CryptoWhale Warns Against The Crippling Effect Of Bitcoin’s Current Bull Run
Buying Bitcoin during a bull run has been a constant topic of debate among crypto-traders and investors. As market sentiments collide, the result has been evident in these numerous “hot takes,” circulating around the market’s ecosystem, the larger part of the community is evidently keying into the current Bitcoin bull run, that has now propelled […] дальше »
2020-11-3 13:46
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Analyst: DeFi Assets Likely to “Nuke” 50%+ if Bitcoin Doesn’t Moon
Bitcoin has been consolidating throughout the past few days while altcoins continue losing value This trend has been well-defined throughout the past few weeks, showing that investors and traders alike are all currently focused on the benchmark cryptocurrency Although many analysts expect there to be some sort of capital rotation event out of BTC and into altcoins at some point, it’s unclear when this may take place DeFi assets have been hit the hardest by […] дальше »
2020-11-1 19:00
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Expect an “Inverse Capitulation” if Bitcoin Breaks $14,100: Analyst
Bitcoin currently trades for $13,800, establishing another floor as it looks to move even higher in the days ahead. The coin is below the daily highs of $14,100, set around 16 hours ago. Analysts think that Bitcoin could rip higher once it turns the $14,000 region into support. дальше »
2020-11-1 11:15
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This Crucial Indicator Suggests Bitcoin Is on the Verge of Hitting a Top
Bitcoin has undergone a strong 25% rally over the past two weeks. The coin currently trades for $13,700. Analysts think that the cryptocurrency may undergo a retracement in the near term. Cole Garner shared the chart below recently. дальше »
2020-11-1 07:32
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MicroStrategy’s Bitcoin Bet Reaches Front Page of the Wall Street Journal
One of the biggest Bitcoin stories of the year was the news that MicroStrategy, a business services company, had deployed $425 million into BTC. The move garnered much attention within the cryptocurrency space, with many seeing this as validation of Bitcoin’s store of value properties. дальше »
2020-11-1 03:00
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Bitcoin Shrugging Off Stimulus and Election Fears is a Sign of a Bull Market
Bitcoin has undergone a strong rally over the past two weeks. Since the news broke that OKEx has restricted withdrawals, the cryptocurrency has gained approximately 25%, recently peaking at $14,100 on Saturday morning. дальше »
2020-11-1 03:00
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Hedge Funds Widely Flip Short on Bitcoin Despite Blatant Breakout
Bitcoin has been caught within the throes of an intense uptrend throughout the past few weeks This has led its price to post massive gains, with bulls now vying to post a monthly close above $13,800 for the first time Although this would mark the highest monthly close ever seen by BTC – which would be undeniably bullish – not everyone is convinced Data from the latest Commitment of Traders report from the CME shows […] дальше »
2020-11-1 01:00
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Bitcoin Could Rally to an All-Time High if It Hits One Key Level
Bitcoin could be on the cusp of posting a move to fresh all-time highs if it can close its monthly candle today above one critical level. The benchmark cryptocurrency has been caught within the throes of an intense uptrend throughout the past several days and weeks, with each selloff being fleeting and followed by it […] дальше »
2020-11-1 22:00
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Russian Bank Gazprombank Receives Authorization To Launch Institutional Cryptocurrency Services In Switzerland
Gazprombank, a Swiss-based bank that is a subsidiary of Russia’s largest government-owned energy behemoth, Gazprom, has received the green light to provide cryptocurrency services to institutional customers. дальше »
2020-11-1 20:22
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Bitcoin is About to Post Its Highest Monthly Close Ever as Bulls Roar
Bitcoin has seen a strong upsurge throughout the past few hours that allowed it to break above its previous $13,800 resistance level The selling pressure here has proven to be significant on multiple occasions throughout the past year, and today’s break above this level is extremely bullish One trader is now noting that the cryptocurrency is about to see its highest monthly close ever if it can hold above $13,863 A strong break above this […] дальше »
2020-11-1 19:00
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Expect Bitcoin to Break $14,000 Once Altcoin Bleeding Ends: Analyst
It’s been a brutal past few days and weeks for altcoins despite Bitcoin’s strength. Top digital assets aside from BTC have plunged a handful of percent, even dozens of percent, against the U. дальше »
2020-11-1 10:00
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Bitcoin Funding Rates Hold Negative, Increasing Chances of Short Squeeze
Bitcoin has begun to consolidate above $13,000. Despite this bullish trend, most Bitcoin funding rates on leading futures exchanges currently are negative. The current Bitcoin futures funding rates are bearish on Binance, BitMEX, and OKEx. дальше »
2020-10-31 07:03
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Timing Tops & Bottoms In Bitcoin: Data Suggests New Peak Is Less Than A Year Away
Bitcoin, although a powerful and disruptive financial technology, at its core, is mere mathematics. Its code is what keeps the network operating, its supply hard-capped at 21 million BTC, and much more. дальше »
2020-10-31 04:00
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This Indicator Shows Bitcoin Could Reel to $12,500 Before Rallying Higher
Bitcoin has simply been ranging throughout the past few days, with bulls building a strong base of support within the lower-$13,000 region as bears struggle to gain any momentum This support could help catapult it higher in the near-term, but the slight rejection seen at $13,600 yesterday does indicate that downside could be imminent There is one technical indicator that suggests some downside could be right around the corner One analyst spoke about this in […] дальше »
2020-10-31 02:00
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Ethereum Approaches “Do or Die” Level Against BTC, Analyst Claims
Ethereum spent most of 2020 outperforming Bitcoin by a large margin, thanks to the burning hot DeFi trend and the related tokens’ reliance on the second-ranked crypto asset. But since things have reversed and Bitcoin has gone on its own individual run, on the ETHBTC trading pair, Ethereum has reached a point of “do or […] дальше »
2020-10-31 23:00
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Analyst: Altcoin Downside Extremely Limited as Bitcoin Remains Stable
Bitcoin has been stable in the time following its $13,800 rejection, with bulls gaining some momentum as the cryptocurrency flashes continued signs of strength Although it is not showing any overt signs of weakness at the moment, altcoins have been capitulating throughout the past few days and weeks, with many posting immense losses Analysts are now noting that altcoins may be in the process of forming mid-term bottoms One trader is noting that downside on […] дальше »
2020-10-31 21:00
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Altcoins Bleed Out as Bitcoin Consolidates, But This Trend May Soon Shift
It has been a rough past few days for altcoins, with many posting capitulatory losses as Bitcoin continues struggling to garner any sustained upwards momentum that can send it past its $13,800 resistance. дальше »
2020-10-31 19:00
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Bitcoin To Celebrate 12-Year Whitepaper Anniversary With Monthly Close Above $12K
Tomorrow marks 12 years since Satoshi Nakamoto distributed a link to a whitepaper entitled Bitcoin: A Peer-to-Peer Electronic Cash System via a cypherpunk cryptography mailing list, and the world has never been the same since. дальше »
2020-10-31 18:00
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Bitcoin Hitting $20,000 in Early 2021 is “Highly Unrealistic:” Analyst
Bitcoin has every likelihood of touching its previous record high of $20,000. But, one should not expect it to happen in early 2021, says a TradingView analyst. The pseudonymous entity, operating under the alias of ‘XForceGlobal,’ said the significant upside move is “highly unrealistic,” given the public interest in Bitcoin is nowhere near the Google trend […] дальше »
2020-10-31 16:03
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Bitcoin Just Rejected $13,600—and That Could Trigger a Move Lower
Bitcoin has undergone a strong rejection at $13,600 after an attempted breakout on Thursday afternoon. The coin currently trades for $13,200, more than $400 below the aforementioned highs. Analysts think that this failed breakout may be a precursor to more losses. дальше »
2020-10-31 13:00
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Double Top Warning in S&P 500 Pressures Bitcoin Lower
Bitcoin is entering a period of uncertainty amid a growing conflict between its fundamental bullish mood and bearish technical setup. дальше »
2020-10-31 11:00
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Bitcoin Soars To $13,500 Following ECB’s Announcement Of Monetary Stimulus Boost Coming In December
After sliding below the $13,000 support level on Wednesday, the king of cryptocurrencies appears to be back on its way up. The sell-off yesterday was felt across stock markets and gold as investors throughout the world were shaken by reports of a resurgence in COVID-19 infections and new restrictive lockdowns. The bitcoin price slumped to […] дальше »
2020-10-31 09:44
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Grayscale CEO: Bitcoin Doesn’t Care Who Wins The Trump-Biden Contest
The upcoming US Presidential elections have attracted attention from the world over, even capturing the crypto market. The crypto space, especially the Bitcoin community has closely watched the battle between the two presidential candidates, Donald Trump and Joe Biden. дальше »
2020-10-31 09:38
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Binance Funding Remains Negative, Providing Rocket Fuel for Bitcoin
Bitcoin’s short-term trend has grown somewhat unclear as of late, with the cryptocurrency being unable to extend its momentum past $13,800 This level has historical significance, as it is where BTC’s uptrend stalled back in the summer of 2019 when it rallied The sharp rise in the US Dollar’s value that took place yesterday may have been what sparked this movement Despite it now consolidating at just above $13,000 as bulls and bears reach an […] дальше »
2020-10-30 02:00
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Avanti Becomes The Second Bitcoin Bank In U.S. After Earning Approval From Wyoming State Regulators
Avanti has received a banking charter from Wyoming state regulators to provide cryptocurrency banking services to its customers. This comes just a month after Kraken received the legal go-ahead for its cryptocurrency bank. дальше »
2020-10-30 21:29
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Here’s How the U.S. Dollar’s Macro Bearishness Could Send Bitcoin Flying
Bitcoin is currently consolidating following its sharp decline seen yesterday The cryptocurrency is lacking momentum as its bulls and bears both seem to reach an impasse, which has struck a blow to its technical outlook One of the main reasons why BTC saw such a harsh rejection at $13,800 was due to a sudden surge in the US Dollar’s value seen yesterday This sent shockwaves throughout the market and stopped BTC from breaking the resistance […] дальше »
2020-10-30 21:00
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MicroStrategy Has Earned More From Its $425 Bitcoin Bet Than It Did From Its Actual Business
The bitcoin price has pulled off a blistering rally over the past couple of months. With the ballooning prices, MicroStrategy’s $425 million investment made in August and September is already paying off handsomely. дальше »
2020-10-30 15:35
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Bitcoin Whale Numbers Hit Highest Since September 2016
The number of Bitcoin addresses with at least 1000 BTC, commonly referred to as Bitcoin whales, has reached a 4-year all-time high since around the same period in 2016 which is concurrent with the recent Bitcoin price surge. дальше »
2020-10-30 15:23
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Gold Bull Peter Schiff Calls Bitcoin the “Biggest” Bubble He’s Ever Seen
Bitcoin has undergone a strong rally since the cryptocurrency almost plunged to $0 in March. Even still, Peter Schiff has maintained that Bitcoin remains a bubble. Bitcoin Could Be the Biggest Bubble Ever, Schiff Argues Bitcoin has undergone a strong rally since the cryptocurrency almost plunged to $0 in March. дальше »
2020-10-30 13:00
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Bitfinex Whales That Marked the August Highs Suggest Bitcoin to Top
Bitcoin has undergone a strong drop since the highs yesterday. Order book trends indicate that the coin may proceed its reversal in the weeks ahead. Analyst Cole Garner shared a chart showing Bitcoin’s recent price action, along with the order book data from Bitfinex. дальше »
2020-10-29 04:07
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Here’s What May Have Caused Bitcoin to Nosedive into Its Key Support
Bitcoin saw a nosedive that caused it to erase all of yesterday afternoon’s gains as a result of the intense selling pressure around $13,800 This level marks the cryptocurrency’s 2019 highs, and a continued bout of trading at this level could confirm this as a local top It is important to note that BTC has found support above $13,200, which is a positive sign suggesting that upside is imminent The resistance here isn’t the only […] дальше »
2020-10-29 02:00
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With This Historically Reliable Bitcoin Indicator At An All-Time High, Analyst Willy Woo Expects Price To Follow
The bellwether cryptocurrency recently hit a new all-time high — just not the one you are thinking. A historically reliable indicator, however, suggests bitcoin’s recent surge has more scope to continue after the cryptocurrency’s race to new yearly highs. дальше »
2020-10-30 01:32
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This Trend Suggests Bitcoin is Extremely Bullish Despite Recent Selloff
Bitcoin saw a strong overnight selloff that caused its price to erase most of the gains incurred throughout the past couple of days This selloff came about at a crucial resistance level, with the selling pressure at $13,800 proving to be significant This is a historical level, as it is where BTC rallied to before facing a strong rejection in the summer of 2019 The rejection here was grave, but the cryptocurrency still has multiple […] дальше »
2020-10-29 21:00
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The most bullish predictions signaling Bitcoin’s next price point
Bitcoin, the most valued cryptocurrency since its creation has been the topic of discussion in the cryptocurrency market for weeks now. Since the cryptocurrency broke above the $10,000 mark, which it has since been dabbling between, the perceived bull run began to make headlines as analytical predictions have increased in their numbers. The majority is […] дальше »
2020-10-30 19:55
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How The Dollar (DXY) Is Responsible For Bitcoin Rejection Under $14,000
Bitcoin has been explosive for the past few weeks now, revisiting highs from 2019. But before the leading cryptocurrency by market cap could set a higher high and confirm a bull market, the dollar’s recovery might have gotten in the way. дальше »
2020-10-29 18:00
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Is the U.S. Presidential Election Bitcoin’s Next Big Catalyst?
As the US presidential election looms, the crypto market, in general, is wide awake and alert as to what lies ahead afterward. There is a cloud of uncertainty hovering above investors as many have already begun switching to assets such as Gold, silver, and Bitcoin as they are seen as a safe-haven as compared to […] дальше »
2020-10-30 15:34
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Wall Street Veteran Raoul Pal Thinks Bitcoin Will Pass $20,000 in Q1 2021
Bitcoin has undergone yet another strong rally to the upside over the past day, reaching highs of $13,850. Analysts believe the coin will continue higher in the days and weeks ahead. Raoul Pal, for instance, said that BTC could hit new all-time highs by Q1 of 2021 “at the latest. дальше »
2020-10-29 15:00
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Bitcoin is Sucking Liquidity Out of Every Major Market, Charts Show
Bitcoin evangelist and Wall Street investor Raoul Pal published a series of charts that pitted the cryptocurrency against major financial markets. дальше »
2020-10-29 11:00
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Bitcoin Reaches 16-Month High As Raoul Pal Expects Fresh All-Time High In 3 Months “At The Latest”
The week started on a low note as altcoins, global stocks, and other risk-on assets all bled. The Dow Jones, in particular, fell by almost 800 points on Monday as investors pondered what a contested election would do to the much-needed coronavirus stimulus aid. дальше »
2020-10-30 00:28
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Over 50% Of Bitcoin’s Market Cap Consists Of Unrealized Profits
The market capitalization of a cryptocurrency asset may not be the most accurate metric for the calculation of the value of a digital currency, but its importance in serving as a tool for investors, to aid them in making more informed investment decisions about their cryptocurrency of interest cannot be overemphasized. These metrics which are […] дальше »
2020-10-27 21:59
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Bitcoin Holds Above Critical Support Level as Bulls Target $14,000
Bitcoin has seen some further upside today despite the intense selloff seen in the stock market This confirms the narrative regarding it now being fully decoupled from traditional assets It has also been able to set new yearly highs this morning when it rallied towards $13,500 If it continues holding above its near-term resistance-turned-support at $13,200, the crypto could soon gain further momentum that leads it up towards $14,000 This is an intense resistance level […] дальше »
2020-10-27 21:00
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PayPal Is Introducing “Crypto Gambling” To Its Customers, Rants Bitcoin Basher Nouriel Roubini
Last week, PayPal rocked the crypto world with the announcement that it’ll be making a couple of selected cryptocurrencies a funding source for purchases at its 26 million merchants across the globe. дальше »
2020-10-27 18:31
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Bitcoin Resilience Remains As Stock Market Closes Worst Day In Months
The stock market yesterday closed its worst single-day decline in nearly two months, causing the richest people in the world to lose over $14 billion in net worth. Bitcoin also pulled back yesterday, but as of this morning is already trading higher than before, while the S&P 500, the Dow Jones, and the Nasdaq continue to plunge. дальше »
2020-10-27 18:02
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Analyst Who Predicted Bitcoin’s Reversal to $10k Thinks $16k Is Next
Bitcoin could rocket even higher in the near to medium term. One analyst believes that $16,000 is in sight after BTC managed to flip $10,000 into support. The analyst who made this assertion is the same one that predicted BTC would undergo a V-shaped reversal to $10,000 by May or June. дальше »
2020-10-27 15:00
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Bitcoin Paints Two Bearish Signals as Price Holds $13K; What’s Next?
Bitcoin is looking to face a period of sell-off as its daily chart reveals the presence of two historically accurate bearish indicators. дальше »
2020-10-27 10:57
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Bitcoin Escapes Stock Market Sell-Off on Booming Safe-Haven Appeal
An overnight attempt to crash Bitcoin alongside the US stock market met with extreme resistance as the cryptocurrency bounced back handsomely. дальше »
2020-10-27 08:31
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Bitcoin Expected to Rocket Higher as “Strong Close” takes Place Above $13k
Bitcoin printed a massive weekly close on Sunday evening after a strong rally. The weekly close was the highest since January 2018. One analyst thinks that this close will send Bitcoin much higher in the months ahead. дальше »
2020-10-27 06:09
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September 2016 All Over Again: Number Of Bitcoin Whales Shatters Record Highs Following Recent Price Rally
Bitcoin has been caught in a steady uptrend in recent weeks that has allowed it to sever its correlation to traditional financial markets. In fact, at just below $13,100, the flagship cryptocurrency posted its second-highest weekly close since early 2018 on Sunday. дальше »
2020-10-27 23:05
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