Bitcoin’s $60K bottom still holds? K33 says this cycle is different

Bitcoin’s $60K February low may still mark the cycle drawdown, as K33 points to weak leverage, ETF outflows and cautious BTC traders in May.

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Bitcoin's five-month losing streak may not end in March as $70K caps price

Bitcoin bulls were battling to flip three resistance levels back into support by the end of the week, but history shows they may need to wait another month.

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Bitcoin’s hash rate is slipping, and history suggests the bottom may be in: VanEck

A declining hash rate may signal a potential Bitcoin price rebound, as historical trends suggest improved performance following such drops. The post Bitcoin’s hash rate is slipping, and history suggests the bottom may be in: VanEck appeared first on Crypto Briefing.

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Bitcoin Price: Bloomberg Senior Analyst on What May Refuel BTC

Mike McGlone on what may revitalize gold and gold 2.0, also known as Bitcoin

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Here's How Bitcoin's Downtrend May End

Bitcoin may need to close above $26,000 in order to confirm the start of a new bull market, according to this analyst

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Why Pain May Not Be Over For Bitcoin Holders Just Yet

Past trend of the Bitcoin long-term holder SOPR (EMA 30) may suggest that BTC holders may face more pain in the coming months. Bitcoin Long-Term Holder SOPR Has Dropped Below “One” Recently As explained by an analyst in a CryptoQuant post, BTC investors may be in for a frustrating few months if history is anything to go by.

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Bitcoin Cash, Tron, MANA Price Analysis: 15 May

As the broader market crashed all the way down to the $1.2T-mark over the last week, HODLers have been trying to stall the sell-off situation. But, they still need to inject higher volumes to sustainaThe post Bitcoin Cash, Tron, MANA Price Analysis: 15 May appeared first on AMBCrypto.

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Bitcoin Immune to 'Sell in May' Adage, if History Is Guide

Historically, May has been the fourth-best month for bitcoin.

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Bitcoin Immune to 'Sell in May' Adage if History Is Guide

Historically, May has been the fourth-best month for bitcoin.

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Here's How Bitcoin May Reach $50,000

Bitcoin’s way to $50,000 might not be as easy as it may seem

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First Mover Americas: Bitcoin Downtrend Intact, Recession Fears May Weigh

Bitcoin's post-Fed bounce stalls, the shape of the Treasury yield curve may keep risk appetite under check.

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One more Bitcoin price dip? BTC may fall again before ‘slow grind up,’ warns analyst

Leverage may be gone but Bitcoin faces an uphill struggle and multiple potential resistance levels on the road back to all-time highs.

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Bitcoin: A supply shock may be coming, but this is what it means

Bitcoin, at press time, had been following its sideways price trajectory for over a week, humbly oscillating between the $40,000-$30,000 levels. With this ceiling not having been topped since May, excThe post Bitcoin: A supply shock may be coming, but this is what it means appeared first on AMBCrypto.

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Worst month for BTC price in 10 years: 5 things to watch in Bitcoin

Strong hands are hodling stronger than ever as May 2021 lines up to be the worst May ever for Bitcoin.

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Bitcoin Price Analysis: 23 May

After a 11% decline at press time, Bitcoin was concluding its bearish week. BTC was priced just above $32,500, as other assets met their lows from May 19. Support levels at $40,500 and $34,800 have boThe post Bitcoin Price Analysis: 23 May appeared first on AMBCrypto.

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Bitcoin Hodlers may profit as fundamentals gain strength

Bitcoin traders are waiting to reap profits from the halving event that took place in May, but as the price moved sideways this wish still remains unrealized. Even though BTC price has faced tough resThe post Bitcoin Hodlers may profit as fundamentals gain strength appeared first on AMBCrypto.

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Bitcoin monthly technical analysis: May to June 2020

The Bitcoin price index closed at $9,453 on May 31 to end the month...

The post Bitcoin monthly technical analysis: May to June 2020 appeared first on Coin Journal.

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Bitcoin Gets Rejected at Resistance, Signaling End of Retracement

The Bitcoin price has been retracing since reaching a low of $8,815 on May 21. However, the price has failed to break out above the 0. 5 Fib level of the previous decrease and has been decreasing since the morning of May 24.

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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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Analyst: Bitcoin may reach $13k before halving for this key reason

The Bitcoin price has increased from $6,400 to $10,150 in less than two months. Ahead of the block reward halving in May, BTC is likely to see a continuous upward trend. The Bitcoin halving in May reduces the total reward miners get for mining blocks containing transactions on the network.

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Bitcoin May Dip to $6.8K Without New Coronavirus-Style Event — Trader

Bitcoin’s 40% year-to-date gains may be about to turn to losses, Cointelegraph guests warn

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Three Reasons Why Bitcoin May Have Just Short-term Bottomed After Big Spike

Bitcoin is leading crypto markets back into the green again today but they have a long way to go before anything can be considered ‘healthy’. The 14% bounce could simply be a bull trap or BTC may finally have been at the bottom and readying for another run.

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Why Bitcoin Just Dropped Below $6900 in Abrupt Drop, Risking a Big Fall

Bitcoin (BTC) has just lost the key support of $7,000 after trading above this level for over a week. This marks the first bout of volatility the cryptocurrency market has seen in weeks and, as such, may imply that a larger move in the downward direction may take place in the coming days.

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Current Bitcoin Price Trajectory Similar to May 2018, Prior to $3,000 Drop: Analyst

Since Bitcoin topped in June, mainstream haters of cryptocurrencies and related technologies, such as Peter Schiff and Nouriel Roubini, have asserted that BTC is in an “echo bubble. ” While many have laughed off this sentiment as pure delusion, the charts may be telling a different story.

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Max Keiser Claims Bitcoin May Target $15,000 This Week, and TA May Support This

Bitcoin and the aggregated crypto markets have incurred a significant amount of upwards momentum over the past few days that has allowed BTC to put a significant amount of distance between its current price and its recent lows of $9,100.

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Fresh Bitcoin Uptrend May Start in September, But Drop to $7,000 Could Precede Bull Run

Bitcoin and the aggregated crypto markets are experiencing a day of green after facing strong selling pressure over the past couple of days. Despite this, BTC still appears to be in precarious territory, and it may soon lose the support it currently has around $10,000.

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China’s Baidu Search Trends Collide with Bitcoin’s May Bull Run

By CCN: China may have cracked down on cryptocurrency companies, but that’s not stopping the local population from pursuing bitcoin as an investment. Economist and trader Alex Kruger did the research and found that there may be some truth to the theory that China fueled much of the gains in the BTC price last month.

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Bitcoin SV highest gainer in May; started from the bottom but still got a long way to go

Bitcoin SV [BSV] touted as the “problem child” of the cryptocurrency industry marked a feat many would not have expected a month prior. Beginning May 2019 off on a disastrous note, being delisted from top exchanges like Binance and Kraken, no one would’ve thought that the crypto that dropped by over 20 percent in a […] The post Bitcoin SV highest gainer in May; started from the bottom but still got a long way to go appeared first on AMBCrypto.

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Sell in May and Go Away? A Look At Historic Bitcoin Price Performance in May

The first ever cryptocurrency, Bitcoin, is set to close its third consecutive monthly candle as green, after a record-setting six candles closed in red, taking Bitcoin price to its current bear market low of $3,150.

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Bitcoin Trading May Be Launching On Nasdaq Soon As User Buys BTC Via Paper Trade

Bitcoin may be getting another boost in the already promising market as a recent report indicates the asset may be trading on Nasdaq soon. A quantitative analyst at Strongmarket.com, known on Twitter as Cryptopolis reported that he has purchased one Bitcoin on the platform, this was later revealed to be a ‘paper trade’ testing currently […] The post Bitcoin Trading May Be Launching On Nasdaq Soon As User Buys BTC Via Paper Trade appeared first on ZyCrypto.

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If Bitcoin Holds $3,400, BTC at $5,000 By May Is Possible

Bitcoin Could Reach $5,000 By May For the first time in a blue moon, the cryptocurrency market’s prospects have seemingly begun to look bright. Analysts have acknowledged this, and have begun to express cautious optimism.

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Bitcoin May Be Trending Higher, But Stay Hedged: Crypto Analyst

Over recent weeks, overall sentiment in the crypto market has seemingly begun to express signs of turning optimistic. A number of polls conducted on Twitter indicated that investors, by and large, thought that a Bitcoin (BTC) bottom was in.

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Crypto Tidbits: Fidelity’s Bitcoin Offering Live, Starbucks May Accept Cryptocurrency

Prospects for the crypto space remain bright. Over the past week, Wall Street giant Fidelity Investments has soft-launched its digital asset branch, Starbucks is purportedly looking to accept Bitcoin, and Twitter CEO Jack Dorsey has only doubled-down on his support for BTC and its respective ecosystem.

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Proud Trezor Wallet Owner Jack Dorsey Maxes Out Square’s Cash App for Buying Bitcoin Weekly

Earlier today, polarizing social media moghul ‘Jack Dorsey’ took to Twitter (a platform that he also owns) to announce that he had just purchased a Trezor hardware wallet. For those of our readers who may not be aware, Trezor is a crypto storage solution that allows owners to keep track of their crypto savings in […]

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Bitcoin Price Analysis: Not As Bearish As You Think

Bitcoin was up to its trademark tricks late on Friday and early into Saturday with some particularly volatile moves. We take a look at the action and what it may mean moving into the weekly close.

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Precious Metals Firm Drops Crypto: Is the Bitcoin Digital Gold Narrative In Trouble?

Bitcoin has been pitched as, and has the potential to be a lot of things: a global crypto currency; a store of value; and digital gold. However, as one of the world’s most prominent precious metal-focused investment firms drops crypto as a whole, Bitcoin’s positioning as digital gold may be in trouble.

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Analyst: Bitcoin Is a Bull, High Possibility of $5,000 by May

With Bitcoin constantly testing a big resistance zone price predictions are coming thick and fast. The longer BTC stays below the $4,000 barrier the more likely a move to the downside will occur.

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Bitcoin SV (BSV) Long-term Price Analysis – March 9

The market valuation of BSV/USD may continue to experience variant choppy price movements. In spite of the current choppy price movements, traders are enjoined to get set for a sudden breakout to exert a long order.

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Denver to Use Blockchain Technology for Municipal Elections in May 2019

Denver,  Colorado, has announced the implementation of a blockchain-based mobile voting pilot to enable overseas voters, active-duty military, and eligible residents to cast their votes using smartphones, according to a press release on March 7.

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Unexpected Bitcoin Whale: North Korea May Own Millions In Crypto

Bitcoin Can Help Kim Avoid Sanctions In a recent U. N. Security Council meeting, a panel of industry experts claimed that North Korea could have upwards of $670 million worth of currencies that isn’t the nation.

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Bitcoin (BTC) and Crypto Market Sentiment is Finally Beginning to Shift as Bears Lose Steam

Bitcoin is on track to post gains for the fourth consecutive day following a recent bout of volatility from last weekend. Importantly, the crypto is currently caught in a trading between approximately $3,700 and $4,200, which BTC may be stuck between for an extended period of time.

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Report Suggests Ethereum May Outperform Bitcoin In Next Bull Market

A new report from research firm Delphi Digital takes an in-depth look at Ethereum. One observation is the ether coin’s potential to outperform Bitcoin if the next bull run happens soon.   Better Beta This is based on ether’s higher volatility compared to Bitcoin and the tendency for all cryptocurrencies to move in unison.

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Decentralized Exchange Hodl Hodl Is Launching a Bitcoin-Based Prediction Market

Hodl Hodl, a peer-to-peer cryptocurrency exchange, has announced that it is launching a prediction market on Bitcoin. Slated for launch in the spring of 2019, it would be the first Bitcoin-based prediction market to go live on Bitcoin’s mainnet.

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Bitcoin May Be The Top Crypto Asset, But Ethereum Beats BTC In Protocol Development Research

Bitcoin May Be The Top Crypto Asset, But Ethereum Beats Them In Protocol Development Research Bitcoin was the original cryptocurrency to spur an entire industry, and many have tried to follow in its footsteps.

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Ripple’s XRP & Stellar Lumens – XRP Continues to Consolidate As XLM Outperforms

We are seeing an uncommon occurrence over the past 24 hours with Stellar Lumens (XLM) being the top performer among major cryptocurrencies. Data from Messari shows XLM increasing 4. 22% over the past 24 hours whereas most other top cryptocurrencies are recording losses over the same time period.

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Bitcoin Appreciated By Over 70,000x Over Past Decade: Can BTC Move Even Higher?

While investors are still reeling in pain due to 2018’s downturn, Bitcoin (BTC) remains drastically higher than it was two years ago. In fact, in the past 24 months, BTC has moved from $1,200 to $3,900 — a rally of 3.

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UK Cash System May Be Heading towards a Collapse, a Recent Report Finds

A new report by Access to Cash Review predicts that the UK cash system is in danger of collapsing but the country is not ready to go cashless yet.Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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Former Bitmain Employees May Find Refuge in a Spinoff Startup Called Matrix

According to regional reports, members of Bitmain Technologies and other connected subsidiaries like Copernicus are starting an offshoot company called Matrix. It is not officially known yet just what Matrix will do but some sources allege that the new spinoff will offer cryptocurrency lending services, an over-the-counter (OTC) desk, and custody solutions.

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Crypto Market At Crucial Juncture: Bitcoin Cash, EOS, XLM, TRX Price Analysis

The total crypto market cap faced a strong resistance near $130. 0B and declined. Bitcoin cash price failed to break the $134 resistance and declined towards $130. EOS price is currently correcting lower and it may test the $2.

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