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Dissecting the possibilities of Bitcoin becoming a U.S national currency
As reported over the week, MicroStrategy, a U.S based firm that provides business intelligence, mobile software, and cloud-based services has obtained a generous amount of Bitcoin. For different reasons, including safeguarding itself from the imminent tide inflation and more interestingly, taking advantage of what the company believes is the most authentic niche in value storage, even […] дальше »
2020-9-21 15:24
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This Level Holds the Key to Bitcoin Moving Higher in the Near Term
Bitcoin has surged to $11,050 as of this article’s writing. The coin has gained over 10% from the lows earlier this month of $9,800. Despite the rally, Bitcoin is not yet in a fully bullish state according to some analysts. дальше »
2020-9-20 01:54
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Shareholders Will Now Demand Corporations Start Acquiring Bitcoin After MicroStrategy’s Mega Purchase, Max Keiser Says
Nasdaq-listed analytics software firm MicroStrategy recently made its second massive bitcoin purchase of $175 million. The firm’s total bitcoin holdings now stand at $425 million. Bitcoin permabull Max Keiser, who is also the host of the Keiser Report, seems to have been pleased with MicroStrategy’s move. дальше »
2020-9-20 23:03
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Bitcoin Faces “Aggressive Selling” as Bulls Try to Shatter $11,200 Resistance
Bitcoin’s price has rallied throughout the past few days, with buyers’ ardent defense of the lower-$10,000 region catalyzing some serious momentum This momentum led the cryptocurrency as high as $11,200 earlier this morning before it faced a swift rejection The price region between $11,000 and $11,300 has long been a strong area of resistance for the cryptocurrency Some analysts and investors are noting that the aggressive selling pressure here could make it difficult for BTC […] дальше »
2020-9-20 19:00
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“Bitcoin Is A Solid Store Of Value”, MicroStrategy Founder Testifies
The founder of Microstrategy, “the largest independent publicly-traded business intelligence company,” as it brands itself, has recently made remarkable comments about Bitcoin’s ability to scale. дальше »
2020-9-20 12:27
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Here’s how Nasdaq-listed MicroStrategy went about buying $175m in Bitcoin
MicroStrategy has become the poster child of mainstream Bitcoin adoption amongst corporations. The post Here’s how Nasdaq-listed MicroStrategy went about buying $175m in Bitcoin appeared first on CryptoSlate. дальше »
2020-9-20 12:03
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Here’s Why Bitcoin’s Macro Chart Remains Bullish Despite $12k Rejection
Earlier this month, Bitcoin was rejected at the pivotal $12,000 resistance level after recovering from a drop to $11,000. The cryptocurrency proceeded to drop as low as $9,800, with the market selling the failed breakout attempt. дальше »
2020-9-20 10:00
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The Last Time This On-Chain Metric Was This Low, Bitcoin Surged 150%
Bitcoin’s price has been slipping lower over recent days and weeks. From the recent highs set just two days ago, BTC is down by around 2-3%. From the year-to-date highs set two weeks ago, Bitcoin has shed closer to 20%. дальше »
2020-9-20 04:00
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Analyst: Bitcoin May First Tank to $9,700 Before Rallying to Fresh Highs
Bitcoin bulls and bears are currently deadlocked as the cryptocurrency trades around $11,000 This price region has proven to be heavy resistance for BTC in the past, and whether or not it can be surmounted in the coming day or so should provide insight into the strength of BTC’s bulls A rejection here could cause it to see some notable downside in the near-term, sending shockwaves throughout the entire cryptocurrency market One analyst is noting that […] дальше »
2020-9-20 02:00
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Bitcoin May Soon Surge to $12,000 After Bulls Defended Critical Support Level
Bitcoin’s recent stability below $11,000 appears to be translating into technical strength, as the cryptocurrency is now beginning to push higher Whether or not bulls can extend their momentum and break above the resistance zone between $11,000 and $11,300 remains to be seen That being said, analysts are growing bullish on BTC, partially because it could post an ardent response to a key support level that was visited earlier today. Analysts are now noting that […] дальше »
2020-9-19 21:00
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Bitcoin Whales Aren’t Selling Their BTC; It May Be Boosting Its Price
Bitcoin’s price action has been rather mixed as of late. Although the cryptocurrency has been slowly grinding higher, the lower-$11,000 region has proven to be a heavy resistance zone that is hampering its growth. дальше »
2020-9-19 19:00
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UBS Gold Price Prediction Buoys Mid-Term Bitcoin Bull Case
UBS, a top-two investment bank in Switzerland after Credit Suisse, has a bullish outlook on gold. In the medium term, the improving sentiment around the precious metal could buoy the bull case of Bitcoin (BTC). дальше »
2020-9-19 17:31
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Critical On-Chain Signal Predicts That Bitcoin’s Next Move Will Be Upward
As many analysts predicted, Bitcoin was cleanly rejected in the low-$11,000s on Wednesday due to a cluster of resistance in that region. $11,000 is a price point that BTC bounced off multiple times during last month’s consolidation. дальше »
2020-9-19 13:00
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This On-Chain Indicator Looks As It Did Prior to Bitcoin’s 2017 Rally
On a macro scale, Bitcoin has yet to break out. Despite surging around 20% in the past 1. 5 months, the coin remains under crucial long-term resistances. One pivotal level analysts are looking towards is $14,000, as that’s where the 2019 rally topped and highs of December 2017 ended up at (monthly candle). дальше »
2020-9-19 13:00
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Bitcoin Hit $20k the Last Time This Fundamental Indicator Flashed; It’s Back
Bitcoin’s price action has given investors mixed signals as of late, with the benchmark cryptocurrency oscillating between $10,000 and $11,000. The resistance found at the upper boundary of this trading range has proven to be quite significant, as it has catalyzed numerous rejections throughout the past few weeks. дальше »
2020-9-18 05:00
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These 3 Technical Signs Show Bitcoin Could Soon Reverse Lower
Bitcoin has surged higher since bottoming last week under $10,000. The coin now trades for $10,850, slightly shy of the local highs at $11,150. BTC seemingly remains in a bull trend as it holds above the pivotal $10,500 support. дальше »
2020-9-18 04:00
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Analysts Expect Bitcoin to Dip to Key “Liquidity Clusters” Before Rallying
Bitcoin has been facing some mixed price action as of late, with buyers and sellers both engaged in a heated battle for control of its near-term outlook Despite attempting to break below its last-ditch support between $9,900 and $10,000, BTC is now pushing back towards its key $11,000 resistance region Where the cryptocurrency trends next may depend largely on its reaction to this level One trader believes that Bitcoin may first take out a “liquidity […] дальше »
2020-9-18 02:00
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Bitcoin Faces “Weak” Selloff as Buyers Gear Up for a Push Higher
Bitcoin’s price has stabilized following its recent bout of intense volatility This turbulence mostly favored bulls, as the crypto was able to rally as high as $11,100 before facing some heavy resistance that slowed its ascent Analysts are now widely noting that it may be poised to see some further weakness in the near-term That being said, the tempered reaction to the strong selling pressure in the lower $11,000 region does seem to be a […] дальше »
2020-9-18 21:00
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Selling Pressure Mounts as Bitcoin Nears Key Resistance; Trends to Consider
Bitcoin and the aggregated cryptocurrency market are flashing some mixed signs as BTC hovers beneath the $11,000 region. Currently, the market is relatively stable, with the hype surrounding the launch of Uniswap’s governance token helping to drive Ethereum’s price towards $380, creating a tailwind for smaller altcoins. дальше »
2020-9-18 19:00
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Is The Next Altcoins Surge Dependent On Bitcoin?
Bitcoin and altcoins have always correlated in terms of performances and prices. It is no secret that Bitcoin dominates the crypto space and most of the time, a spike in its price could also mean greens for altcoins as well as taking altcoins for a ride when it sees red. дальше »
2020-9-18 18:38
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These 10 On-Chain Signals Suggest Bitcoin Is Still Embroiled in a Bull Market
Key on-chain signals show that Bitcoin is still embroiled in a bull trend despite recent uncertainty in the cryptocurrency market. In fact, one blockchain analytics company recently shared 10 signals suggesting BTC is either a “buy” or “strong buy” on a macro time frame. дальше »
2020-9-17 13:00
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Bitcoin volume profile shows major demand for BTC is building
Bitcoin’s price action has done little to offer investors with insight into its mid-term trend, as the cryptocurrency has formed a massive trading range between $10,000 and $12,000 throughout the past few weeks. дальше »
2020-9-17 12:04
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Analyst Expects Bitcoin to Fall by $2K Despite Bullish Fundamentals
As Bitcoin attempts a breakout move above $11,000, an analyst sees the cryptocurrency moving in the opposite direction. TradingView contributor Vince Prince placed the latest BTC/USD moves inside a descending channel. дальше »
2020-9-17 11:17
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3 Biggest Takeaways for Bitcoin From Powell’s Press Conference
The Bitcoin price popped above $11,000 just as the Federal Reserve Chairman Jerome Powell started delivering his speech after finishing their two-day policy meeting on Wednesday. Mr. Powell’s office boosted its monetary response to the COVID pandemic. дальше »
2020-9-17 08:52
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Bitcoin Price Holds Strong Above $10,800: A Firm Case for Upside
Bitcoin price climbed further higher above the $11,000 resistance against the US Dollar. BTC is currently correcting gains, but dips are likely to remain supported near $10,800. Bitcoin extended its upward move above the $10,900 and $11,000 resistance levels. дальше »
2020-9-17 06:58
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MicroStrategy’s Stock Continues to Soar After Bitcoin Purchase
On Tuesday, the NASDAQ-listed business services company MicroStrategy bought $175 million worth of Bitcoin. This came just weeks after the company siphoned $250 million into the leading cryptocurrency, citing its ability to act as a reserve asset better than U. дальше »
2020-9-17 06:00
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Bitcoin Miner Outflows a Grave Sign for BTC Despite $11,000 Breakout
Bitcoin has seen some intense strength throughout the past several days, with the cryptocurrency marching from lows of $9,900 to highs of over $11,000 that were set today. This strength is somewhat unique in that BTC is the only major cryptocurrency currently marching higher, as most others are stuck within consolidation phases or downtrends. Ethereum, […] дальше »
2020-9-17 05:00
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Bitcoin Price Revisiting $11,000 Could Confirm Short-Term Bearish Reversal Pattern
Bitcoin price today blasted above $11,000, reviving bullish sentiment across the crypto market. Behind the buzz, is the fact that the leading crypto asset successfully confirmed a bullish retest of $10,000 as resistance turned support. дальше »
2020-9-17 04:00
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If Bitcoin Enters a Full-Blown Correction, the Bottom Could Come at $7,100
Bitcoin is surging higher despite weakness in the altcoin market. The coin now trades at $11,000 as of this article’s writing, in excess of 10% above the lows. BTC is outperforming altcoins, including Ethereum, which is previously underperformed. дальше »
2020-9-17 04:00
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Despite Pushing to $11,000, Here’s Why Bitcoin Could Soon Reverse
Bitcoin has been pressing higher despite weakness in the altcoin market. Seemingly rallying off strength in legacy markets, the leading cryptocurrency on Wednesday morning shot to a price just shy of $11,000. дальше »
2020-9-17 02:56
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Bitcoin Breaches $11,000, But Crypto Traders’ Sentiment Is At An All-Time Low
After weeks of trading inside the $10,000 range, Bitcoin crossed above $11,000 for the first time since September 3, following a gradual process that has seen the top coin break many resistance levels to regain former higher prices. дальше »
2020-9-17 02:16
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The Stars are Aligning for Bitcoin as It Begins Forming an Ideal “Long Setup”
Bitcoin is currently bucking the market-wide downtrend and climbing higher, expressing immense signs of strength as it nears $11,000 It is important to note that there is some resistance within the lower-$11,000 region that it must surmount for it to see further upside One factor that may be driving its ongoing upswing is the flight to quality seen amongst traders It appears that investors are fleeing smaller altcoins and more speculative tokens in favor of […] дальше »
2020-9-17 02:00
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Here’s Why Altcoins Are “In Trouble” Despite Bitcoin’s Bullish Behavior
Bitcoin price today smashed back above $11,000 and is attempting to hold currently. The incredibly bullish price action following a retest of resistance turned support could have given bulls the confidence to push the crypto asset’s price much higher. дальше »
2020-9-17 23:00
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Robert Kiyosaki Warns That An Effective COVID-19 Vaccine Will Ignite A Nasty Bitcoin Market Crash — Here’s Why
The bitcoin price is roaring back to life today while the majority of other cryptocurrencies swim in a sea of red. The flagship cryptocurrency has climbed above $11,074, which translates to gains of around 3. дальше »
2020-9-17 21:48
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These 3 Factors Signal Bitcoin is Gearing Up to Make a Massive Push Higher
Bitcoin is currently the strongest major asset within the crypto market, expressing stability – and even bullishness – as its price trades just below the $11,000 region Bulls have been building up BTC’s momentum throughout the past few days, which comes as altcoins flash signs of weakness This means that the ongoing uptrend may be coming about as a result of a “flight to quality” as investors flee smaller tokens One trader is specifically pointing […] дальше »
2020-9-17 21:00
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Bitcoin Slows Its Bearish Momentum Following Daily Close; Factors to Consider
Bitcoin is currently flashing some notable signs of strength following the bout of weakness seen throughout the past couple of weeks. The cryptocurrency is far outperforming the altcoin market, with both major altcoins like Ethereum and Chainlink – as well as smaller ones – all flashing signs of immense weakness throughout the past several days […] дальше »
2020-9-17 19:00
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Owning Bitcoin “Is a Must” Says Price of Tomorrow Author, Jeff Booth
Bitcoin is a first of its kind financial technology born out of the Great Recession. It is designed specifically to be opposed to everything central banks stand for. It’s for those very reasons that The Price of Tomorrow author Jeff Booth believes that Bitcoin “is a must” to own to preserve one’s wealth and act as a “life boat” in the future. дальше »
2020-9-17 18:00
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Why CNBC’s Jim Cramer Changed His Mind On ‘Outlaw Currency’ Bitcoin
CNBC “Mad Money” host Jim Cramer has famously labeled bitcoin as an “outlaw currency”. But now it would seem that Cramer has jumped on the bitcoin bandwagon. After his interview with Anthony Pompliano, the CNBC host is now convinced that bitcoin is a prudent investment against the backdrop of endless money printing by central bankers. […] дальше »
2020-9-17 15:19
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Bitcoin Just Printed This Historically Bullish Uptrend Signal
Bitcoin may be poised to recover further despite weakness in altcoins. An analyst noted that BTC just bounced off a pivotal moving average. This moving average Bitcoin held multiple times during the last bull cycle’s bull market corrections. дальше »
2020-9-17 15:00
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Here’s the Pivotal Level Where Bitcoin’s Ongoing 10% Surge May End
Bitcoin is surging despite weakness in the altcoin market. Since bottoming at $9,800 last week, the coin has gained $1,000 and over 10% as its price has reached $10,850 as of this article’s writing. дальше »
2020-9-17 13:00
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“Is It Possible To Get Irresponsibly Longer?”, Asks Wall Street Veteran With Over 50% Of Portfolio In Bitcoin
The investment into crypto remains a hotly debated topic. While some investors are still wary of digital currencies like bitcoin (BTC), an increasing number of Wall Street veterans are coming out to express their bullishness about the future of the asset. дальше »
2020-9-17 12:58
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Crypto Analyst Willy Woo Explains Why Bitcoin Is Unlikely To See Any Catastrophic Dump In Price
With the market in flux, Bitcoin analyst Willy Woo tweeted to reassure the crypto community that he believes BTC is in the clear from any huge drops in the near future. After hearing Willy Woo’s take, a twitter user posed a question that Woo appreciates. дальше »
2020-9-17 12:31
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MicroStrategy Stock Jumps 9% Following Bitcoin Investment; Red Flags Ahead?
The stock price of MicroStrategy (NASDAQ: MSTR) surged by a little over 9 percent following its acquisition of hundreds of millions of dollars worth of Bitcoin on Tuesday. The public-traded firm closed the New York session higher at 155. дальше »
2020-9-17 11:14
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Despite Altcoin Drop, This Analyst Thinks Bitcoin Is On Track for $11k
Bitcoin has dropped around $200 from the daily highs as sellers have stepped back in. The drop comes in spite of news that MicroStrategy, a Nasdaq-listed company, bought over $100m worth of Bitcoin yet again. дальше »
2020-9-17 04:53
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Bullish Case For Bitcoin: Profit Taking Turns Into Buying The Blood
Bitcoin price recently saw a $2,000 correction after months straight of surging. At the start of the selloff, signs pointed to profit-taking as the primary reason for the pullback. However, after greed turned to fear, big-money investors have begun buying the blood right out from under investors who are panic-selling the cryptocurrency at a loss. […] дальше »
2020-9-16 03:00
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Here’s How High Bitcoin Could Run Before Facing Immense Selling Pressure
Bitcoin has seen some incredibly strong price action throughout the past few days After establishing the region between $9,900 and $10,000 as a baseline support level, bulls have now stepped up and propelled it back up towards $11,000 This current strength has struck a blow to bears, although BTC hasn’t reached the clear just yet One analyst is noting that the region between $11,100 and $11,200 is where he is expecting Bitcoin to face some […] дальше »
2020-9-16 02:00
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Mining difficulty to intensify immensely as Bitcoin’s hashrate hits new all-time high
There has been a widespread usage on the Bitcoin network over the past weeks. This is as a result of the investment influx and trading interest, all of which have played a role in Bitcoin’s current position. дальше »
2020-9-16 01:57
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Bitcoin Bulls Target $11.5k After Sharp Price Bounce
At press time, Bitcoin is holding up strong at a price of $10,700. The market sentiments among analysts and traders are similar; an $11,000 price breakout is in sight. Yesterday, the bulls fired up and broke through the sideways price movement that left Bitcoin peaking between the $10,300 to $10,500 mark. A sharp decline to […] дальше »
2020-9-16 22:56
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Huge! MicroStrategy Acquires Over 16,000 Additional Bitcoins, Bringing Total Holdings To Almost Half A Billion Dollars
Earlier today, ZyCrypto reported that US-based business intelligence firm MicroStrategy had filed with the SEC indicating that it was considering adding its bitcoin holdings. Well, according to the firm’s CEO, MicroStrategy has kept its word and increased its BTC holdings past the $250 million prior investment. дальше »
2020-9-16 21:58
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These 3 Factors Suggest Bitcoin May Soon Push Towards $11,250
Bitcoin has seen some incredibly strong price action throughout the past few days Bulls have stepped up to the plate and propelled the crypto up towards its $11,000 resistance, marking a notable surge from recent lows of $9,900 These lows were visited throughout the past couple of weeks, with bears ardently attempting to invalidate Bitcoin’s macro strength Their failure to do so has now opened that gates for further upside, with one analyst pointing to […] дальше »
2020-9-15 21:00
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