Has The Bitcoin Price Already Peaked?

Bitcoin has recently faced a 10% retracement, leading to concerns about whether the bull market is over. This article explores on-chain metrics, institutional confidence, and macroeconomic factors to determine whether Bitcoin still has room for growth or if a cycle peak has been reached.

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Bitcoin hits $38K as BTC price breaks above 'line in the sand' resistance

All eyes are on whether Bitcoin can flip $37,500 to support for a continuation of bullish momentum.

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Overdue Altseason: Analyst Says Exponential Growth For Ethereum, XRP, Litecoin May Be Oncoming

After months and months of dashed hopes, many investors are wondering whether the long-postponed altcoin season is finally upon us. In recent weeks, most altcoins have been popping off as bitcoin continues consolidating below $10,000.

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Bitcoin Offers Win-Win Scenario, Regardless of Whether It Will Move Above $10K or Below $9K: Top Trader

A top-line crypto trader, Josh Rager, speculates on the possible directions Bitcoin could take from its current position and says that either move will be beneficial

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Here’s Why Bitcoin’s Next Big Move May Occur in the Next 2 Days

Bitcoin and the aggregated crypto market have once again extended their multi-week bout of sideways trading The benchmark digital asset has continued trading sideways in the lower-$9,000 region, with most altcoin’s closely tracking its price action This may not last for too much longer, however, as one trend seems to indicate that BTC is gearing up to make a large movement in the coming one or two days As for whether this movement will favor […]

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How has Bitcoin investors' 'ideology' evolved since 2016?

Bitcoin's future is a topic of discussion that has gained relevance and steam over the year. Whether the crypto-asset is undergoing a bullish rally or a bearish correction, based on metrics, fundamentThe post How has Bitcoin investors' 'ideology' evolved since 2016? appeared first on AMBCrypto.

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The Simple Reasons Why This Trader is Cautious of Ethereum

Ethereum, like Bitcoin, is currently trading at the lower boundary of its long-established trading range The cryptocurrency does appear to be positioned to see a breakdown below this range, but whether or not this takes place will likely depend on Bitcoin One analyst is now growing increasingly cautious on ETH, explaining that massive spikes in miner outflows for the cryptocurrency signal that a large drop could be imminent This also comes as the China-based PlusToken […]

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Bitcoin reaching $397K by 2030 is anyone's guess

Bitcoin's initial functionality in the ecosystem was in line with movement. Whether it is with respect to movement between exchanges or utility transactions to acquire goods or services. A recent reseThe post Bitcoin reaching $397K by 2030 is anyone's guess appeared first on AMBCrypto.

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A Billion Dollars of Bitcoin Options Expire Today, Volatility Expected

$1.06 billion or 114,700 Bitcoin options are set to expire at 8:00 AM UTC today. Traders are debating whether this will lead to volatility, and if so, in which direction....

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Bitcoin Flipping One Crucial Level into Support Could Spark a Wild Bull Trend

Bitcoin has been able to maintain the gains it posted yesterday after it saw a sharp rally that led it up to highs of $9,800 from its recent lows of $9,200 This movement was unexpected, and certainly boosted the crypto’s bull case That being said, BTC still remains firmly within its long-held trading range Whether or not it is able to sustain this momentum may be dependent on if it is able to flip a […]

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DeFi Growth Correlation with Bitcoin (BTC) and Ethereum (ETH) Price Explained by Top Analysts

Decentralized financial instruments, or DeFi, may be the next big thing in the cryptocurrency realm. Traders are guessing whether investing in DeFi assets is a smart bet

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Will India Ban Crypto? 5 Exchange Executives Shed Light on the Truth

There has been some confusion over whether India will ban cryptocurrency, including bitcoin, following recent reports of a note being circulated by the government. News. Bitcoin. com interviewed executives of five cryptocurrency exchange platforms in India to find out the truth about the news.

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Bitcoin Hodlers Shun Risk and Short-Term Gains As Dormant Coins Reach 4-Year High

While a lot of people are uncertain about whether BTC price will reach a new high or strike a new low, there’s a shred of evidence pointing to the highest accumulated number of Bitcoin by investors in recent years, storing cryptocurrency without a visible intention to sell.

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Ethereum Co-Founder Vitalik Buterin Says He Disagrees with Bitcoin's Stock-to-Flow Model

It's impossible to prove or disprove whether Bitcoin's supply cuts lead to price appreciation, according to Vitalik Buterin

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Bitcoin Stuck Below $10K as Stocks Drop

With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks.

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What Are the Deciding Factors for Bitcoin’s Next Move?

Since a rapid decline on June 2, when BTC fell by almost 10%, the price has been trading in a range between $9,450 and $10,100. Whether the price breaks out or down from this area will be a major factor in determining the direction of the future longer-term trend.

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Despite Bitcoin-Gold similarities, investors prefer latter

The debate on whether Bitcoin is like or unlike gold has been widely discussed and seems to be an overdone narrative. However, there have been analysts who have been trying to draw similarities and diThe post Despite Bitcoin-Gold similarities, investors prefer latter appeared first on AMBCrypto.

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Bitcoin Energy Value may Help Push Price Even Higher

There are a number of on-chain metrics that can be used to ascertain whether Bitcoin markets are bullish or bearish. Its energy value, in particular, could be signaling a bigger move ahead for BTC.

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Tokenized Bitcoin Propels Ethereum to Near $240

Ethereum is finally rising, up to almost $240 before stopping to think a bit about whether it really wants to jump to a new frontier. Making this a 30% jump... The post Tokenized Bitcoin Propels Ethereum to Near $240 appeared first on Trustnodes.

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Matic’s Increase and the Bitcoin Dominance Rate

Matic Network (MATIC) has increased by 64% since May 11. The price is trading inside a steep ascending channel and has reached an important resistance level. Whether the Bitcoin dominance rate (BTCD) breaks down or bounces from the current support area will determine if the upward move for MATIC will continue.

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Bitcoin Consolidates, but a Major Price Movement Is Underway

Bitcoin sits at a pivotal point in its trend that may define whether or not a new bull market is about to start. Consolidating Within a No-Trade Zone The bellwether... The post Bitcoin Consolidates, but a Major Price Movement Is Underway appeared first on Crypto Briefing.

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Why Bitcoin Claiming This Crucial Level Will Set the Stage for a Move to $11,000

After plunging as low as $8,800 on Thursday, Bitcoin has mounted a slight recovery to $9,300, bouncing back from this week’s shell-shock rumor that Satoshi Nakamoto is liquidating his coins. While it’s too soon to tell whether or not BTC is in a full-blown bull market, a prominent trader says that Bitcoin capturing a specific...

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Bitcoin Has Much More Meaningful Value Compared to the US Dollar, Tyler Winklevoss Asserts

Ongoing unprecedented monetary policy has led many to wonder whether the US dollar can survive unscathed. While some folks believe the implications might not come for years since the dollar still has considerable dominance, others believe the dollar has lost much of its luster already.

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Bitcoin Shows Signs of Weakness as 11-Year-Old Wallet Moves 50 BTC

The crypto market was surprised to find that an 11-year-old Bitcoin wallet from early 2009 – just after the cryptocurrency’s launch – is now moving BTC. This has sparked a plethora of theories to emerge regarding whether or not it is Satoshi himself – or one of his associates – that is moving the cryptocurrency....

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3 BTC Mining Pools Accounts for 53% of Hash Rate, Bitmain Controls 2; Is Decentralization at Risk?

Bitcoin may not be as decentralized as it is normally touted. According to stats from BTC. com, two Chinese companies control over 52% of Bitcoin's hashrate. This, combined with reduced rewards from the May 2020 halving, begs the question of whether the leading digital asset is fully decentralized.

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DJ Kam Bennett Asks if It’s Time to Buy Bitcoin

Famous DJ Kam Bennett recently asked his followers whether now was the right time to buy BTC. The young star boasts a large social media following, some of who may now be considering BTC as an investment.

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First Mover: Bitcoin’s Hot Again and Crypto Miners Are Hoarding – Or Are They?

Bitcoin is rallying again, and some analysts are taking a closer look at data extracted from the underlying blockchain for signals on whether cryptocurrency miners are buying or selling. Or if they're HODLing.

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Bitcoin Can Be Valued - With Respect to What?

Introduction You find it difficult to value bitcoin? Do you have thoughts about it? Whether you can really measure it or not? Well, Bitcoin LifeStyle gives you all probable answer to all such querThe post Bitcoin Can Be Valued - With Respect to What? appeared first on AMBCrypto.

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Binance mining pool breaks into top-10 as fears over exchange-driven mining linger

Bitcoin's spot price has been restricted to within the $8.5k - $9k range, with the block reward halving less than a week away. The event will finally answer the much-debated question: whether the halvThe post Binance mining pool breaks into top-10 as fears over exchange-driven mining linger appeared first on AMBCrypto.

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Outlining Every Possibility for Bitcoin’s Correction (Part 2)

The Bitcoin price has reached a major resistance trend line, one that has been in place since BTC reached an all-time high price in December 2017. The reaction to this line will determine whether the Bitcoin price has completed its correction and has begun a new upward move, or if another corrective wave will follow.

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Bitcoin Investment Calculator Future

An engineer has created this simple Bitcoin calculator to show investors how much they would have earned had they decided to invest at a particular time. If you have ever invested in Bitcoins, you will know yourself whether or not you made the right decision.

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Is Bitcoin a Good Investment: Analyst Predicts High Institutional Demand Post Covid-19

The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why the cryptocurrency is an attractive investment.

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Bitcoin Halving ‘Not Priced In’ Yet; Here’s What Pundits Say Could Happen After The Event

Bitcoin is increasing its worldwide adoption by decreasing its volatility, and though Bitcoin has a history of going up in price after halving events, it has never encountered an economic crisis like the one that is happening now catalyzed by the COVID-19 pandemic, so it is uncertain whether this time its prices will follow past […]

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Bitcoin's breach of $7k gives impetus to improving fortunes of TRX, Steem

Bitcoin, the world's largest cryptocurrency, has once again breached the $7000-mark, with the king coin's performance giving an incentive to all the other alts in the market as well. However, whether The post Bitcoin's breach of $7k gives impetus to improving fortunes of TRX, Steem appeared first on AMBCrypto.

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Bitcoin’s original aim wasn’t to be a “digital gold”, says Ethereum founder

In an online bout on Twitter, Ethereum co-founder Vitalik Buterin and a Bitcoin developer Zack Voel exchanged their arguments for whether Bitcoin’s goal “was, is, and will be” digital gold. According to Voell, Satoshi Nakamoto developed this technology with that original goal and for Bitcoin to be a precious commodity residing online. However, Buterin was […]

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Yes, Bitcoin is a Safe-haven asset; just not a good one yet

In an interview with Fox Business Channel on 15 August, Tom Lee, Managing Partner at Fundstat Global Advisors, was asked whether Bitcoin is a genuine safe-haven asset for investors. Lee had then respoThe post Yes, Bitcoin is a Safe-haven asset; just not a good one yet appeared first on AMBCrypto.

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Bitcoin’s RSI Has Never Been this Weak Before a Halving

Bitcoin’s Relative Strength Index is currently sitting at levels never before seen preceding its halving. It’s unclear yet whether this might be a positive or negative forecast of what to expect next month.

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Bitcoin SV (BSV) Rises Before Its Halving Event in Less Than 2 Days

Bitcoin SV (BSV) is rallying in the days before its halving event. It remains to be seen whether the price increase will stick after the event passes. With Bitcoin Cash’s halving happening today, another Bitcoin fork will become scarcer tomorrow: Bitcoin SV (BSV).

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Sorry BTC Bulls: Analyst Says Ongoing Miner Capitulation Could Trigger A 2018-Esque ‘Death Drop’

As the bitcoin price climbs back above $7,300, the question on everyone’s mind is whether the most recent bottom is in, or whether another big drop is in the offing. One analyst in the crypto community recently pointed out that BTC could still dump hard from here, despite the current bullish momentum. This, as he […]

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Steem takes on Bitcoin Cash, Verge to come out on top

An analysis of the 90-day performance of coins gives an understanding of the bias they have, whether bearish or bullish. As for Steem, Verge, and Bitcoin Cash, Steem obviously takes the first spot.

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Bitcoin Takes Tumble, Traders Fret Correlation and Next Month’s Halving

Bitcoin had another down day. How long the cryptocurrency follows stocks, and whether next month’s halving juices its price, remain open questions.

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Bitcoin selling pressure to continue until BCH, BSV halving

Bitcoin's halving is expected to take place on 14 May 2020 and with respect to the same, there has been constant debate regarding whether or not the halving is priced in. While there are points in favThe post Bitcoin selling pressure to continue until BCH, BSV halving appeared first on AMBCrypto.

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Outlining Every Possibility for Bitcoin’s Correction

The Bitcoin price has been decreasing since reaching a high of $19,798 on Dec. 17, 2017. While it reached a temporary bottom of $3,122 on Dec. 15, 2018, it is not yet clear whether that was the low marking the beginning of the next market cycle or if the price will make a lower low.

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What Is Happening to Money?

Money — whether we earn it, spend it or save it, we hardly ever think about what it is and why it exists.

The post What Is Happening to Money? appeared first on Bitcoin Magazine.

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Bitcoin’s Open Interest and Money Flow Suggests a Strong Pump is Imminent

Following an extended period of rangebound trading within the upper-$6,000 region, Bitcoin now appears to have entered yet another bout of consolidation around its current price of $6,100. Although it remains unclear as to whether or not Bitcoin’s current market structure is bullish or bearish, there are a few fundamental factors that may suggest a...

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Bitcoin Traders are Watching for $4,000 as Indicators Signal an Insane Move is Coming

Bitcoin’s consolidation seen throughout the past few days may simply be the calm before the storm, as one technical indicator is now suggesting that the benchmark cryptocurrency may soon see a movement of a similar magnitude to that seen when BTC plummeted from $8,000 to $3,800.

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Price Analysis Mar 27: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Bitcoin is at a critical crossroad and the price action of the next few days will determine whether it rallies above $8,000 or drops to $5,000

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Bitcoin's 0.97 correlation index is nothing new for Ethereum

There are quite a few factors that influence the growth and consolidation of the digital asset industry. Whether it is institutional involvement or popular market sentiment or even a political event, The post Bitcoin's 0.

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Two Popular Altcoins Still Recording Over 140% Gains in 2020 So Far

As Bitcoin jumps to nearly $6,900, altcoins follow up. However, this time, the world’s leading cryptocurrency is the one that is ruling the market with over 6% gains in the past 24 hours. After experiencing a massive sell-off that dominated all asset classes, whether equities or gold, Bitcoin with other risky and safe-haven assets are […]

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