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Bitcoin is Forming an “Ugly” Weekly Candle as Upwards Momentum Falters
Bitcoin is showing some signs of weakness as its price hovers around its key near-term support at $11,300. Bulls have been able to post an ardent defense of this level throughout the past day, with each dip below it being met with massive inflows of buying pressure. дальше »
2020-8-27 19:00
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Can Bitcoin Fix What Top Economists Say Central Banks Cannot Solve?
Bitcoin was built as a way for the world to get away from big bank bailouts and irresponsible monetary policy taking place during the Great Recession. But now that another recession is here, potentially far worse due to the pandemic, the cryptocurrency is being put to the ultimate test. дальше »
2020-8-26 18:00
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Google Trends data shows retail investors may soon flood into the crypto market
Retail investors have proven to be a powerful, market-moving force many times over the past several years. The post Google Trends data shows retail investors may soon flood into the crypto market appeared first on CryptoSlate. дальше »
2020-8-26 16:00
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Why Hasn’t Bitcoin Fallen Further? Analyst Looks For Silver Lining Amid $700 Drop
Bitcoin has undergone a sharp correction in the past day, falling as low as $11,150. This drop comes despite a push from the asset towards $11,900 on the weekend. Bitcoin’s latest leg lower coincides with weakness in the value of gold, which has been struggling as the U. дальше »
2020-8-26 15:00
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Two Possible Outcomes for Bitcoin After Powell’s Jackson Hole Speech
Bitcoin logged a modest recovery on Wednesday as traders grappled with the outcome of Jerome Powell’s keynote address at the virtual Jackson Hole Symposium tomorrow. The Federal Reserve chairman expects to give markets a clue on his office’s approach to US inflation. дальше »
2020-8-26 14:00
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S&P 500 Just Printed a Pivotal Sell Signal—and That’s Not Good for Bitcoin
Both Bitcoin and the S&P 500 have seen remarkable rallies over the past few months. The S&P 500 has set a new all-time high despite the pandemic and macroeconomic crisis as a backdrop. This comes on the back of an influx of monetary and fiscal stimulus from the world’s central banks and governments. дальше »
2020-8-26 13:00
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Here are the 3 trends causing exchanges to see massive Bitcoin outflows
Exchanges have been seeing massive Bitcoin outflows in recent months, which has been a rapidly unfolding development seen by many as being bullish for the benchmark cryptocurrency. The post Here are the 3 trends causing exchanges to see massive Bitcoin outflows appeared first on CryptoSlate. дальше »
2020-8-26 13:00
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Bitcoin Goes Under $11.4K, But Bulls See Opportunity With FED Chair’s Upcoming Speech On Inflation
Bitcoin bears have got a better grip of the asset in the last few hours, successfully leading it under $11. 5K. This level is crucial to investors and has been one of the most-watched levels in recent days. дальше »
2020-8-26 12:58
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Bitcoin Analyst Makes A Serious Bearish Call: A Drop Below $10.2K
An ongoing correction in the Bitcoin market may lead the cryptocurrency lower below $10,500, according to Alexander Nikitin. The founder of MPS Trade, an independent trading consultancy portal, spotted BTC/USD in a Head & Shoulder breakdown pattern. дальше »
2020-8-26 11:08
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Analyst Expects Bitcoin to Retest $11.7K as Price Slips 6.10%; Here’s Why
Bitcoin experienced as a sizeable selloff at the beginning of this week against an improving risk-on sentiment. The benchmark cryptocurrency was down by as much as 6. 1 percent from its weekly high at $11,823. дальше »
2020-8-26 09:41
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Technicals Suggest Bitcoin Could Dive Further Below $11,000
Bitcoin price failed to hold gains above the $11,550 support zone against the US Dollar. BTC is currently declining and it seems like the bears are aiming a downside break below $11,000. Bitcoin is now trading well below the $11,650 and $11,550 support levels. дальше »
2020-8-26 07:08
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The Number of Bitcoin “Accumulation Addresses” Hit New Highs; Here’s Why
Bitcoin investors have been accumulating the cryptocurrency at a rapid pace throughout the past few months, with much of this buying pressure coming from retail investors. One metric from analytics platform Glassnode highlights just how intense this accumulation trend has been as of late, with the number of “accumulation addresses” seeing rapid growth throughout the […] дальше »
2020-8-26 05:00
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Why This Bitcoin Analyst Thinks Altcoin Owners Should “Trade With Care”
Bitcoin has begun to drop after attempting to recover back above $12,000. The asset is down 4% in the past 24 hours, now trading at $11,150 as of this article’s writing. Altcoins have plunged even further, with Ethereum sliding down 8% to the $375 region. дальше »
2020-8-26 04:00
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Bitcoin Is in “Do or Die” Territory After $500 Correction: Here’s Why
Bitcoin has embarked on a strong correction over the past 24 hours. After peaking at $11,850 earlier this week, the asset slipped as low as $11,150 on Tuesday as selling mounted on spot exchanges, evidenced by a negative predicted funding rate with OKEx’ BTC perpetual futures market. дальше »
2020-8-26 03:23
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Here’s the Key Support Bitcoin Must Defend to Avoid Serious Downside
Bitcoin has been struggling to garner any clear upwards momentum throughout the past several weeks This has degraded its technical strength, resulting in it seeing heightened selling pressure Analysts are growing somewhat cautious about the crypto’s near-term outlook Nonetheless, it is essential to note that it remains above multiple crucial levels As such, until these support levels throughout the lower-$11,000 region are broken, BTC may still be well-positioned to see further upside Bitcoin and the […] дальше »
2020-8-26 02:00
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Australian Conman Peter Foster Arrested For Bitcoin Fraud
A noted master scammer and serial con artist Peter Foster has been arrested for multiple money laundering charges, including the theft of $1. 73 million worth of bitcoins. Foster stole the said amount of bitcoins from a Hong Kong businessman named Konstantinos Stylianopoulos. дальше »
2020-8-26 00:24
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Buy Crypto: Search Term Spikes To Highest Point Since Bitcoin Bubble
Google Trends can be a helpful tool to watch to spot sudden changes in crypto market sentiment. For example, searches for Bitcoin peaked back in 2017 when the asset ballooned to $20,000 before the bubble popped. дальше »
2020-8-26 23:00
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Bitcoin’s Bull Case Degrades Following Selloff; What Analysts Are Watching
Bitcoin has seen some slight downside today, marking a bearish resolution to the bout of sideways trading that it has been caught within throughout the past few days Yesterday, bulls were showing some signs of strength as they pushed the crypto towards $12,000 This fleeting momentum seems to indicate that bulls are still plagued by underlying weakness As for where BTC may trend next, analysts are noting that this did strike a blow to the […] дальше »
2020-8-26 21:00
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Bitcoin Rally, Altcoin Season Take Crypto Market Recovery To Pre-Bear Market Levels
The total crypto market capitalization is up over 80% year to date, adding a staggering $155 billion in just eight months. The major boost from both Bitcoin and altcoins has brought the total market cap to $432 billion – a level that hasn’t been revisited since April 2018, when the bear market first began. Is […] дальше »
2020-8-26 20:00
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Daily Lost Bitcoins Are Creating Scarcity That Will Eventually Boost Its Valuation, Says Bitcoin.org Co-Owner
As of today, 6. 25 BTC is mined roughly every 10 minutes. That translates to an average of 900 BTC mined per day. This number decreases every 4 years during a phenomenon called the Bitcoin halving when Bitcoin production is cut in half. дальше »
2020-8-26 18:58
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Bitcoin Pullback Could Be Due to “Exaggerated” Dollar Debasement Claims
Bitcoin is up well over 50% for the year, despite an ongoing selloff cutting the recent rally down to size. The cryptocurrency also rose by over 200% from its Black Thursday low, as investors took flight away from cash and poured capital into hard assets. дальше »
2020-8-26 18:12
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These 5 Trends Show Bitcoin’s Bull Run Is Just Starting
Bitcoin has surged approximately 30% higher in a month. The asset now trades for $11,700, a price still far higher than it was just weeks ago. Not everyone is convinced by the BTC price action, with some calling this a range deviation prior to a drop back towards $8,000. дальше »
2020-8-26 15:00
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Expect volatility: Bitcoin futures open interest surges to new all-time high
Bitcoin has been seeing relatively quiet price action throughout the past few weeks, with the cryptocurrency primarily trading within the upper-$11,000 region as its bulls and bears reach an impasse. дальше »
2020-8-26 13:00
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Top Analyst Predicts Bitcoin Price Action Beyond $12K If This Support Level Holds
Despite Bitcoin’s lack of momentum, analyst Josh Rager still sees further upside for Bitcoin in the days to come. This he explains depends on whether it can close the week above a critical level. дальше »
2020-8-26 12:55
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Bitcoin HODLing Behavior Hits 3-Year High; Another Bullish Sign
A large number of investors have stopped trading Bitcoin. Instead, they are following the classic buy-and-hold strategy. Data fetched by Glassnode showed that about 8 million Bitcoin tokens have not moved in at least three years. дальше »
2020-8-25 11:27
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Bloomberg Predicts Gold at $3K, Bitcoin at $20K in Current Bull Run
A bullish comment on gold by a top Bloomberg Intelligence analyst could leave Bitcoin in a similar upside spell. The firm’s senior commodity strategist, Mike McGlone, said in his August update that he expects the precious metal’s price trajectory to accelerate. дальше »
2020-8-25 09:11
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Bitcoin Trading Near Inflection Point: Here’s Why $11,650 Holds The Key
Bitcoin price started an upside correction from the $11,350 support against the US Dollar. BTC is currently declining, but it could bounce back as long as it is above $11,650 or $11,550. Bitcoin formed a high near $11,825 and it is currently correcting lower. дальше »
2020-8-25 07:08
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Wealthy Investors are Accumulating Bitcoin at a Rapid Rate, Data Shows
New data regarding the composition of Bitcoin holders shows that wealthy investors are pouring money into the digital asset at a rapid pace. This is revealed by the number of wallets holding over 1,000 BTC – which have been rocketing higher over the past several days, weeks, and months. The rapid growth that this metric […] дальше »
2020-8-25 05:00
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Bitcoin Is Just 17% Away From Setting a New Monthly All-Time High
Bitcoin has been on a strong rally over recent weeks, rising as high as $12,500. Even still, BTC remains far below the $20,000 all-time high it set at the end of 2017. The cryptocurrency is only 17% away, though, from setting a new monthly candle high. дальше »
2020-8-25 04:00
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Bitcoin Crossroads: Indicator Signals Short-Term Top, But Final Bullish Impulse Is Possible
Bitcoin price is up well over 60% year-to-date, and has recovered 200% from the Black Thursday low. The cryptocurrency broke free from downtrend resistance, and all signs point to a new uptrend well underway. дальше »
2020-8-25 04:00
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Why Bitcoin Price Holding Above $11,850 Is Pivotal For the Bull Case
Bitcoin has begun to move higher after a crushing correction towards the end of last week. As of this article’s writing, the leading cryptocurrency trades for $11,750, around 3% higher than last week’s lows and around 5. дальше »
2020-8-25 02:59
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Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs
Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […] дальше »
2020-8-25 02:00
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A New Twitter Account Is Tracking Portnoy’s Potential Gains From Former $200,000 BTC Investment
A new account has been created to continuously track how much Barstool Sports founder Dave Portnoy would be gaining if he didn’t sell his Bitcoin stash on 21 August after the price went plummeting down by $1000. дальше »
2020-8-25 01:25
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This Ottawa-Based Graphics Software Firm Is Now Holding Bitcoin As A Reserve Asset
Not too long ago we learned that the billion-dollar financial services firm MicroStrategy had decided to move half of its stockpile of reserve cash into Bitcoin. Now another promising new company has decided to trade its cash reserve for Bitcoin. дальше »
2020-8-25 00:21
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Why Bitcoin May Need to Test $11,000 Before Climbing Higher
Bitcoin is starting to gain some slight momentum as the cryptocurrency’s price climbs up towards $11,800 This marks a notable surge from recent lows of $11,400 that were set just a few days ago, and it does appear that the crypto is poised to see further upside One factor boosting BTC’s outlook is Ethereum’s intense swing up to highs of $410 In the past, Ethereum has front-run movement seen by Bitcoin and the rest of […] дальше »
2020-8-25 21:00
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Bitcoin Price Corrections Are Shifting, Analysts Predict Epic Bull Run Ahead
Bitcoin has continuously failed to sustain the $12,000 price level with recent corrections falling below $11,500 in the last few days. The price is currently up 2. 97% and trading sideways in a tight range a little above the $11,700 support area. дальше »
2020-8-25 18:11
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Crypto Nears Full Month Of Extreme Greed As Famous Buffett Letter Resurfaces
Bitcoin’s price is back above $11,800 after a sharp fall last week into the weekend. However, even a $1,000 rejection wasn’t enough to shake the market out of its extended state of greed. дальше »
2020-8-25 18:03
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Weaker US Dollar Pushes Bitcoin Towards $12K; A Weekly Outlook
In a week that will see the world central bankers convening a virtual conference on the future of the economy, Bitcoin is rising. The benchmark cryptocurrency kicked off Monday with modest gains against the US dollar. дальше »
2020-8-24 16:02
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Full-Page Ad In Hong Kong Newspaper Tells Readers to Ditch Banks And Switch to Bitcoin
Hong Kong newspaper The Apple Daily recently had a full page advertisement about Bitcoin. According to translations, the ad reads, “Banks, today you’re not ditching me, I’m ditching you. ” After the Bitcoin symbol, the ad continues in English. дальше »
2020-8-24 15:00
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Here’s Why Bitcoin May Not Fall Much Lower Than $11,000: Analyst Explains
While Bitcoin has bounced from the local lows of $11,400, the asset remains below some crucial resistance levels. This has led some analysts to suggest that BTC is still poised to correct lower. Many analysts are eyeing $10,500, as that’s where the cryptocurrency truly began the rally $12,000. дальше »
2020-8-25 15:00
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This Eerie Silver Fractal Predicts Bitcoin Will Soon Shoot Towards $20k
As evidenced by the array of opinions online, many are divided over what’s next for Bitcoin. There are some saying that a massive bull is imminent. Others believe that a correction back towards $10,500, then lower, is entirely feasible. дальше »
2020-8-24 13:00
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Bitcoin Could Soar to $15,800 in Medium-Term, Analyst Explains Why
As Bitcoin struggles to continue its bullish momentum above $12,000, an analyst still sees the cryptocurrency breaking above the $15,000-level. Josh Olszewicz, in his Monday tweet, pictured the Bitcoin uptrend on a popular trend channel tool called Andrews’ Pitchfork. дальше »
2020-8-24 11:06
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Bitcoin Starts Week Under Pressure But A $12K-Retest is Likely; Here’s Why
Bitcoin has started the new week in mildly positive territory even as the US dollar continues to find fresh bids. The benchmark cryptocurrency was up $27. 43, or 0. 24 percent, to trade near $11,677. дальше »
2020-8-24 07:55
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Bitcoin Hesitates, But Break Above 100 SMA Could Trigger A Sharp Rise
Bitcoin price is currently recovering and trading above $11,500 against the US Dollar. BTC is likely to accelerate higher once it clears the $11,700 resistance and the 100 hourly SMA. Bitcoin is showing a few positive signs and trading above the $11,500 level. дальше »
2020-8-24 07:08
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Here’s Why Analysts Remain Bullish on Bitcoin Despite Failure at $12k
Bitcoin failed to hold above $12,000 last week after temporarily moving above $12,400. The asset now trades for $11,650, having faced a rejection at the pivotal $12,000 level. BTC’s rejection at that level has made some analysts fear that a strong price drop is incoming. дальше »
2020-8-24 04:00
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ICYMI: Barstool Sports Founder Dave Portnoy Is Out Of Bitcoin – Here’s How It Went Down
Stool Presidente Dave Portnoy has called it quits on the crypto market, after losing 25K in recent corrections. “I currently own zero bitcoins. I will wait and watch. I lost 25K. Just like with the stock market it took my brain time to figure it out. дальше »
2020-8-24 02:19
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Here’s Why the Bitcoin Bull Trend Hasn’t Found a Macro Top At $12,500
Bitcoin reached a peak of $12,500 last week as buyers rushed in. As fast as BTC spiked, it reversed, dropping as low as $11,400 towards the end of last week. Bitcoin has since recovered as it now trades at $11,650. дальше »
2020-8-24 01:00
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California Court Ruling Solidifies The Crypto Adage “Not Your Keys; Not Your Coins”
The self-proclaimed “Bitcoin obsessive lawyer” Justin Winston Ono Wales takes the saying “Not your keys; not your coins” seriously. He used the recent ruling in the Archer v. Coinbase case to explain just how important the old crypto adage really is. дальше »
2020-8-24 00:01
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Institutions Have Never Been More Short on Bitcoin Futures Than They Are Now
Bitcoin has been surging higher over recent weeks and months. The cryptocurrency has done so well, in fact, that it is actually the best-performing macro asset of the year — unless you count Ethereum as one. дальше »
2020-8-24 23:00
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Institutional Traders are Shorting Bitcoin Now More Than Ever Before
Institutional traders are growing incredibly bearish on Bitcoin, widely betting that its price is poised to see a strong near-term pullback This sentiment is a far depart from that seen by retail traders, which are more bullish than ever on the cryptocurrency This data comes from the latest Commitment of Traders Report, which details an interesting trend in the dynamic between retail investors and so-called “smart money” From a technical and fundamental standpoint, there are […] дальше »
2020-8-23 19:00
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