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Here’s Why This Break Above $12,000 is Different from Past Bitcoin Rallies

Bitcoin’s price has seen some significant momentum throughout the past few days The cryptocurrency is currently trading at the highest price it has been at since before the summer rally came to an end This momentum appears to be the result of a confluence of different factors, including growing BTC adoption amongst corporations Just today, PayPal announced that they are planning to rollout cryptocurrency buying, selling, and storage features to all of their users Bitcoin, […] дальше »

2020-10-22 02:00

PayPal Forays into Crypto Market as Bitcoin Price Explodes Past $12,400

Bitcoin is now trading at the highest price seen in well over a year, with bulls aiming for $13,000 as its strong uptrend gains momentum Today, news regarding PayPal’s foray into the crypto market provided the benchmark cryptocurrency with a serious boost Its price surged all the way up to highs of nearly $12,500 before meeting some resistance, but it does appear to be poised for further gains This recent uptrend has come about in […] дальше »

2020-10-22 21:00

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London Stock Exchange-Listed Company Allocates 10% Of Its Cash Reserves To Bitcoin As Its Primary Treasury Reserve Asset

A growing number of institutional investors and traditional companies are holding the flagship cryptocurrency as a treasury reserve asset amid an economic downturn due to the pandemic. The latest company to jump on the bitcoin bandwagon is a fintech firm listed on the London Stock Exchange, Mode Global Holdings. However, Mode has not revealed the […] дальше »

2020-10-22 16:57

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Bitcoin Reaches Multiple Key Resistance Levels; Will They Spark a Selloff?

Bitcoin’s price has reached multiple key levels as a result of its latest push higher This rally came about rather unexpectedly overnight and drove many altcoins to see immense losses This is one of the rare days where Bitcoin is trading up significantly while altcoins all reel lower It remains unclear as to whether or not this will be the new norm for the next few weeks or if today’s price action is simply a […] дальше »

2020-10-21 02:00

Bitcoin Explodes Towards $12,000 as Altcoins Plunge; What Analysts are Saying

Bitcoin has been sucking the air out of altcoins for the past few hours, with its price rallying significantly as Ethereum and other altcoins all sell-off This rally has sent it up towards $12,000, which mark fresh highs since its decline from its $12,400 yearly highs first began It does appear that bulls are currently setting their sights on a move past $12,000 Unlike Bitcoin’s previous rally – which came about in tandem with that […] дальше »

2020-10-20 21:00

Always On: Bitcoin To Surpass S&P 500 Trading Time Within Two Years

Recently, the discussion around Bitcoin “maturing” and becoming a respected mainstream asset, has prompted comparisons to the stock market, gold, currencies, commodities, and more. One notable difference between the stock market and Bitcoin is that the crypto market is always on, and because this exists, the leading cryptocurrency by market cap will have traded more hours than the S&P 500 since its debut in the 1950s. дальше »

2020-10-20 18:00

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Bitcoin Shatters Key Resistance as Bulls Attempt to Take Out “Pivotal Level”

Bitcoin saw a strong upsurge this morning that allowed it to break above its $11,600 resistance level This resistance has been suppressing its price action throughout the past few days and weeks, with bulls being unable to spark any sustainable moves above it Where it trends next will likely depend on how sustainable this ongoing move higher is, and whether or not it can lead it to a key resistance One trader is now watching […] дальше »

2020-10-20 02:00

Analyst Claims Bitcoin Unlikely to Gain a Trend Until 2 Key Events Occur

It has been a rocky past week for Bitcoin, as the cryptocurrency has primarily been subjected to a bout of sideways trading Its inability to gain any trend is likely due to the stock market’s consolidation phase For better or worse, BTC has grown incredibly tied to the traditional market Its near-term trend may depend almost entirely on that seen by equities That said, one analyst is now pointing towards two key events currently taking […] дальше »

2020-10-20 21:00

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Bitcoin Reaches Critical Level as Bulls Attempt to Spark Fresh Uptrend

Bitcoin’s price has been stuck within a macro consolidation phase for the past several months This consolidation has led to the formation of a trading range between $10,000 and $12,400, with bulls and bears with being unable to break above or below either of these levels One analyst is now noting that data seems to suggest that BTC is currently trading at a pivotal level for its future Although $20,000 is often looked upon as […] дальше »

2020-10-19 01:00

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This Indicator With an 80% Strike Rate Just Flashed a Bullish Sign for Bitcoin

Bitcoin and the aggregated crypto market have been struggling to gain any significant momentum BTC has pushed off of its recent lows, however, it remains in a somewhat precarious position as its price continues trading sideways Where it trends next will likely depend largely on the stock market, which has had intense influence over its price action Still, its independent strength remains, as most on-chain indicators are flashing bullish signs One analyst is now noting […] дальше »

2020-10-18 19:00