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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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How Deeply Is Bitcoin’s Price Manipulated by Tether? Pretty Deep, Posits Crypto Whale
Bitcoin would be worth $2,000 today if Tether didn’t manipulate its price during the 2017 bull run which saw Bitcoin reach an all-time of $20K, according to a “non-biased” crypto trading advisor, CryptoWhale. дальше »
2020-8-23 18:09
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These 3 Trends Suggest Bitcoin Is Poised to Bounce After $1,000 Drop
Bitcoin has seen a slight recovery since the Friday lows of $11,400. The asset now trades for $11,600 as of this article’s writing, but BTC is still around $900 below last week’s $12,500 highs. дальше »
2020-8-23 13:00
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Bitcoin Could Avoid a Major Reversal if it Stays Above One Key Support
Bitcoin is declining and trading well below the $12,000 pivot level against the US Dollar. BTC must stay above the $11,100 support zone to start a fresh increase in the near term. Bitcoin is struggling to recover and it is trading well below $12,000 and $11,800. дальше »
2020-8-23 08:24
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This Eerie Fractal Predicts Bitcoin Price Will Flatline For Another Month
Bitcoin has bounced back after plunging as low as $11,400 on Friday. The leading cryptocurrency now trades for $11,650 as of this article’s writing, up around 2% in the past 24 hours. BTC’s recent price action has confused pundits as they believed that the asset was in a clear uptrend. дальше »
2020-8-23 07:57
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Why Bitcoin Is “Most Likely” Going to Test $10,500 in the Coming Days
Bitcoin has finally bounced after plunging as low as $11,400 on Friday. The asset trades 2% higher in the past 24 hours as the BTC price is retesting $11,700. Bitcoin remains in a bearish state despite the ongoing recovery, according to some analysts. дальше »
2020-8-23 04:00
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Analyst: Altcoins Likely to Continue Rallying as Bitcoin Price Stabilizes
Bitcoin and the aggregated crypto market have seen some mixed price action over the past few days, with major digital assets showing signs of weakness while smaller market cap altcoins continue seeing bullish price action. дальше »
2020-8-23 03:00
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Dave Portnoy Lost 1.6% of His Crypto Investment, Then Liquidated His Bitcoin
Dave Portnoy famously entered the Bitcoin and crypto market last week with the help of the Winklevoss Twins. He originally bought $250,000 worth of digital assets, $50,000 into Chainlink and the rest into Bitcoin. дальше »
2020-8-23 02:00
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Altcoins Are Damaging BTC’s Development, Says Bitcoin Developer – And Here’s Why
The crypto space presents a united front to an outsider but inner factions exist. While some crypto enthusiasts and analysts think Bitcoin and altcoins complement each other, there are others who posit that Bitcoin would be further ahead if altcoins weren’t stealing attention and resources from its ecosystem. дальше »
2020-8-23 23:55
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Bitcoin Could See a “Glorious” Bounce Once it Taps This Crucial Level
Bitcoin saw some immense turbulence overnight that caused its price to slide as low as $11,500 This dip was quickly absorbed by buyers, who have since allowed it to reclaim its support at $11,600 The cryptocurrency is now once again consolidating as it hovers within its previous trading range between $11,600 and $12,000 This stability has allowed altcoins to recoup some of their recent losses Analysts are now noting that BTC could be well-positioned to […] дальше »
2020-8-22 19:00
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Every Pension System Should Have 1.5% Of Total Funds In Bitcoin, Says Morgan Creek’s Pompliano
Bitcoin and the S&P 500 Index have gone through a short-lived correlation after the March crisis that saw both the traditional and crypto markets crash to record low levels. However, the correlation started to pull away once the adoption of crypto assets began to spike as both retail and institutional investors started to move funds […] дальше »
2020-8-22 17:03
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Analysts Think the U.S. Dollar May Bottom—and That’s Bad for Bitcoin
Bitcoin has been under pressure over the past three days after peaking at $12,500 earlier this week. Some argue that the retracement is purely based on technicals. But if you check the charts, there seems to be an evident inverse correlation between the value of the U. дальше »
2020-8-22 11:00
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Crypto Tidbits: Dave Portnoy Drops Bitcoin, Tether Supports Ethereum’s OMG Network, DeFi Still Hot
Another week, another round of Crypto Tidbits. It’s been quite a week for the Bitcoin market. In the past seven days, the leading digital asset has traded at both $12,500 and $11,400, facing volatility due to crypto market trends and the macroeconomic trends. дальше »
2020-8-22 08:01
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Bitcoin Breaking Below These Two Levels May Suggest the Bull Trend Is Over
Bitcoin has struggled over recent days, falling below the pivotal supports at $11,500 and $11,700. As of this article’s writing, the leading cryptocurrency trades for $11,450, posting a 3% loss in the past 24 hours. дальше »
2020-8-22 07:27
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Rich Dad Poor Dad Author Doubles Down on Bitcoin Amid Fears of Bank “Crisis”
On a global scale, few actually own Bitcoin. According to Robert Kiyosaki, the author “Rich Dad Poor Dad,” though, everyone should own the cryptocurrency ahead of the coming “banking crisis. дальше »
2020-8-22 06:00
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Analyst Who Predicted 2018’s Bottom Predicts Bitcoin Could Hit $13,000
Bitcoin has seen a strong retracement since the Monday highs of $12,500. As of this article’s writing, the leading cryptocurrency trades for $11,550, slightly above the daily lows at $11,500. дальше »
2020-8-22 04:00
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Barstool’s Dave Portnoy Adored Bitcoin, Chainlink And Orchid — Now He’s Sold Everything After $25K Loss
Barstool Sports founder Dave Portnoy fell in love with crypto a little over a week ago. Portnoy purchased bitcoin worth at least $1 million, and a sizable amount of other cryptocurrencies like Chainlink(LINK). дальше »
2020-8-22 02:57
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Here’s the Crucial Level That May Spark Bitcoin’s Next Bloodbath Decline
Bitcoin has been caught in the throes of an intense bout of sideways trading for the past few weeks, with attempts to break above or below the upper-$11,000 region proving to be highly fleeting. Earlier this week, the benchmark cryptocurrency rallied as high as $12,400 before it lost its momentum, with its price subsequently plunging […] дальше »
2020-8-22 02:00
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Here are the Crucial Levels Bitcoin Needs to Defend to Push Higher
It has been a rocky past few weeks for Bitcoin, with the benchmark digital asset mainly stuck within the upper-$11,000 region over the past few days Analysts are now noting that it may be well-positioned to see some further turbulence in the near-term, as it is currently trading above multiple key levels Despite showing some signs of weakness, it is important to note that bulls have been able to hold it above its crucial cloud […] дальше »
2020-8-22 02:00
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This Tool Has Called Nearly Every Bitcoin Top, And It Just Triggered Again
Things have been looking up for Bitcoin. The cryptocurrency is currently the best-performing mainstream asset of 2020 so far, beating out the record-breaking gold rally, the stock market recovery, and anything else. дальше »
2020-8-22 00:00
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Bitcoin’s Current Side Movement Signals An Imminent Breakout As Investors Are Extremely Bullish
Bitcoin has regained over $300 dollars since its massive correction from a high of $12400 to $11500 which saw the coin drop by a thousand dollars. While some analysts predicted a bearish movement that could see Bitcoin drop below $10,000, in the last 24 hours Bitcoin has reached $11,858 a small but significant 1.42% price […] дальше »
2020-8-22 23:39
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Bitcoin Just Hit a Crucial Trendline; Analysts Expect Imminent Fireworks
Bitcoin and the rest of the crypto market has witnessed some bear-favoring volatility throughout the past few hours This came about following a day of relative stability yesterday, and it appears that Ethereum’s potent decline is creating headwinds for the rest of the market BTC is now trending down near a crucial support level that coincides with a key trendline Analysts believe that a continued bout of trading above this level could be all that […] дальше »
2020-8-22 21:00
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Former Uber CSO Tried To Cover Up 2016 Hack By Paying $100k In Bitcoin To The Hackers
Uber’s former Chief Security Officer is currently at odds with the law after the authorities found out about what he did while working for the ride-hailing company back in 2016. Apparently, Joseph Sullivan decided to not involve the authorities when Uber was hacked and the criminals demanded $100,000 in Bitcoin. The then CSO is alleged […] дальше »
2020-8-21 19:21
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Bitcoin Traders Under Pressure To Capitulate At $12K As Breakdowns Persist
Earlier in the week, Bitcoin crashed to as low as $11,500 from highs of $12,200 in a couple of hours. For most, this came as a surprise as the top coin was prior to the crash moving sideways and seemingly at higher support. дальше »
2020-8-21 17:50
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Why a Bloomberg Analyst Thinks Bitcoin Is “Tilted” Towards Rallying Even Further
Bitcoin’s rally has stalled after hitting $12,500 on Monday. As of this article’s writing, the price of the leading cryptocurrency is $11,800. This is $700 shy of the local high. The recent drop has scared some analysts, with some arguing that a drop towards the $10,000 is possible. дальше »
2020-8-21 15:00
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Binance CEO CZ: ‘Bitcoin Moving Up So Slowly, Feels Like A Stablecoin’
Bitcoin has been in the headlines of late, and for good reasons. The top crypto has been showing serious signs of a gargantuan price spike. In fact, Bitcoin has already gained close to thrice its early-year value. дальше »
2020-8-21 13:01
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Bitcoin Eyes Another Attempt at $12K amid Global PMI Releases
Bitcoin is looking to retest $12,000 in the coming daily sessions as investors await the release of crucial purchasing managers’ economic indicators. Dubbed as PMI, which stands for Purchasing Manager’s Index, the index studies the prevailing direction of the economic trends in services and manufacturing sectors. дальше »
2020-8-21 11:05
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Mark Mobius’s Gold Warning Hints at Massive Bitcoin Correction
As Bitcoin struggles to find upside traction above $12,000, its traditional rival gold is also showing similar characteristics. The precious metal hit a record high at $2,075. 14 an ounce on August 7. дальше »
2020-8-21 08:51
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Bitcoin is Showing Early Signs of Fresh Surge, But 100 SMA is the Key
Bitcoin price is holding the $11,650 and $11,550 support levels against the US Dollar. BTC is currently recovering, but it must surpass the 100 hourly SMA to start a fresh surge. Bitcoin is still trading nicely above the $11,650 and $11,550 support levels, with positive signs. дальше »
2020-8-21 07:14
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This Fractal Suggests Bitcoin Will Fall Towards $11,000 Before a Next Leg Higher
Bitcoin has managed to stave off a further decline after bouncing off $11,600 on Wednesday. As of this article’s writing, the leading cryptocurrency trades for $11,850. BTC is recovering as the U. дальше »
2020-8-21 04:00
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Bitcoin’s Cloud Pattern Shows Bears May Still Be in Full Control
Bitcoin and the entire cryptocurrency market are currently bearing witness to relatively mixed price action While BTC has faced some intense selling pressure, it is important to note that bears have not invalidated any of its mid-term market structures As such, it remains well-positioned to see further near-term upside Despite this, one analyst is noting that the cryptocurrency’s cloud formation may spell some trouble for its near-term outlook, as it shows that it is still […] дальше »
2020-8-21 02:00
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Bitcoin Price Set To Explode Once It Breaks $13,000: Prop Trader
Bitcoin recently breached the $12,000 checkpoint after weeks of consolidating gains. This was a psychological milestone that BTC has been battling for a long time as it has always rejected the crucial mark. дальше »
2020-8-21 23:40
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The One Thing That Could Destroy Bitcoin Is Happening Today
There have been dozens of obituaries for Bitcoin over the asset’s short history. Despite constantly being proclaimed dead or projected to fall to zero, in theory, it cannot be stopped or killed. дальше »
2020-8-21 23:00
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Bitcoin Forms Higher Lows as Bulls Defend Against Heavy Selling Pressure
It has been a rocky past few days for Bitcoin and the entire cryptocurrency market After first stabilizing above $12,000 for a multi-day period earlier this week, the crypto recently faced an influx of selling pressure that pushed it back below this level It has now entered what appears to be yet another prolonged consolidation phase in the upper-$11,000 region On a positive note, bulls have been able to establish higher lows, while also guarding […] дальше »
2020-8-21 21:00
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Another Massive Bitcoin Flash Crash Similar to That of March 2020 Appears Unlikely Due to This One Reason
After days of explosive rally, Bitcoin has started showing some slump and for the second day, the benchmark crypto is about to print a lower low. As always, every time Bitcoin gets pushed lower, altcoins also drift away. дальше »
2020-8-20 19:59
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Going Digital: Bitcoin Beats Gold and Silver In Year-To-Date Returns
As the dollar struggles and weakens due to the devastating blow dealt by the pandemic, there’s a battle going on between Bitcoin, gold, and silver for the ideal store of value. By comparing year-to-date performance alone, the cryptocurrency’s ROI nearly matches silver and gold’s combined returns. дальше »
2020-8-20 18:02
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“Weak Reaction at Support” Puts Bitcoin Rally At Risk, Analyst Asserts
Bitcoin attempted to bounce back this Thursday following a string of sessions in red earlier this week. The benchmark cryptocurrency was up 0. 25 percent at $11,788 as of 10:03 GMT. But its modest upside outlook failed to impress at least one trader. дальше »
2020-8-21 16:00
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Here’s Why Analysts Remain Bullish After Bitcoin Slipped Below $12,000
As reported by Bitcoinist previously, Bitcoin suffered a correction after peaking above $12,400 on Monday. The cryptocurrency has since suffered a retracement, falling in tandem with the price of gold. дальше »
2020-8-20 15:00
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Bitcoin And Libra Can Coexist With CBDCs, Says Former Reserve Bank Of India Governor
With more central banks around the world studying the issuance of their own digital currencies, Bitcoin and Libra could still find a purpose to be part of a future when money becomes purely digital. That’s according to Raghuram Rajan, former governor of the Reserve Bank of India. дальше »
2020-8-20 13:01
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Bank of America’s Latest Gold Survey Hints Trouble for Bitcoin; Here’s Why
Bitcoin remains one of the best-performing assets this year, now sitting atop more than 60 percent gains. The benchmark cryptocurrency on Monday nearly hit $12,500, a level it had not touched since July 2019. дальше »
2020-8-20 11:05
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Bitcoin Might Hit All-Time High by Christmas, Analyst Explains Why
Bitcoin will extend its rally to hit a new all-time high by Christmas, according to Vijay Boyapati. “In the 2016 cycle, Bitcoin did not break its prior all-time high until 229 days after the halving,” the crypto-analyst stated Thursday. дальше »
2020-8-20 08:28
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Bitcoin Reaches Crucial Juncture, $11,500 Holds The Key For Next Rally
Bitcoin price settled below the $12,000 support level against the US Dollar. BTC is currently consolidating above the $11,650 and $11,500 support levels, below which it could nosedive. Bitcoin remained in a short-term bearish zone and it settled below the $12,000 region. дальше »
2020-8-20 07:08
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