Bitcoin Price is Poised to Return to $6,500 Lows; Analysts Explain Why

2019-12-21 23:30

This week has been quite a tumultuous one for the Bitcoin market. As of the time of writing this, the cryptocurrency is effectively flat on the week, posting a slight loss of 1%. But this statistic hides the truth: this week has seen BTC undergo two 10% swings, one to the downside, then another to.

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Bitcoin (BTC) на Currencies.ru

$ 66877.7 (+0.06%)

Объем 24H $20.796b

Изменеия 24h: -0.49 %, 7d: 9.37 %

Cегодня L: $66739 - H: $67313.92

Капитализация $1317.488b Rank 1

Цена в час новости $ 7184.8 (830.82%)

week one bitcoin statistic hides truth posting

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Источник: newsbtc.com

week one → Результатов: 126

What To Expect If Bitcoin Forms Three White Soldiers On Weekly Timeframes

Bitcoin price this week exploded through resistance at $10,000 and blasted to a high of $11,400. The cryptocurrency is now consolidating below that level, gearing up for what one crypto analyst expects to be a follow up nearly one and a half times the size of this week’s rally.

2020-8-1 20:00	xbtusd
week one bitcoin cryptocurrency three level crypto

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Bitcoin's Fear and Greed Index suggests BTC buying opportunity

The past week has been a difficult one for the cryptocurrency market, with many tokens recording a significant slump in their valuations. According to a recent report by Arcane Research, the top teThe post Bitcoin's Fear and Greed Index suggests BTC buying opportunity appeared first on AMBCrypto.

2019-12-19 14:30	Bitcoin
btc buying suggests bitcoin opportunity index fear

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Four Big Acquisitions by $4 Billion Crypto Giant Shows Market Isn’t That Bad Afterall

Crypto markets are in the doldrums at the moment, just as they were this time last year. A $10 billion dump on the week looks bad in the short term but things may not be that negative overall. One of the largest players in the industry has been on a shopping spree this year.

2019-12-18 11:00	OTC
bad crypto year billion may things term

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What is a Multi HODL?: YouHodler CEO Sits Down to Discuss the New Feature Along With Other Investment Strategies

When YouHodler announced the release of a new feature this week, we here at NewsBTC knew there would be one question on everyone’s mind. What is a “Multi HODL” and why should anyone care? Thankfully, the CEO of YouHodler, Ilya Volkov is here right now to clear up any questions and teach us a thing.

2019-12-17 17:00	Interview
youhodler feature multi new hodl ceo anyone

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Notorious BitConnect Promoter Trevon James is now Advertising Hex

A new week dawns upon the cryptocurrency industry, and there is some more drama to go around. Trevon James, best known for his BitConnect antics, is now aligning himself with Hex. The Hex project has been very controversial from day one.

2019-12-18 07:00
hex james bitconnect trevon himself aligning known

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Iran Successfully Averted two Cyber Attacks This Week

Cyber attacks have become very common over the past few years. It would appear hackers are primarily targeting entire nations, rather than individual targets. One country dealing with plenty of cyber attacks is Iran.

2019-12-16 07:00	Иран
cyber attacks iran nations rather entire targeting

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Bitcoin Price Still Has Potential to Dive to $5,500, Yet Macro Uptrend Still Intact

Last week, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving average crosses over a long-term one to imply bulls have control.

2019-12-15 09:18	price
golden moving bitcoin cross still averages latter

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Justin Sun's Weibo account closed as TRX continues to underperfrom

Weibo, one of China's major microblogging platforms, is in the news after it blocked the accounts of TRON Founder, Justin Sun, and Binance Co-founder, Yi He, earlier this week. The move, in turn, hThe post Justin Sun's Weibo account closed as TRX continues to underperfrom appeared first on AMBCrypto.

2019-12-13 15:02	Hide Cryptopanic
justin weibo sun underperfrom continues closed trx

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It’s All About $7,400 for Bitcoin Price as a Big Move Is Now Imminent

Whipsaw trading on Monday has set the tone for what one analyst believes will be a rocky week for Bitcoin price

2019-12-11 23:31	Market Analysis
bitcoin price tone one set rocky week

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Lack of Liquidity Near Current Bitcoin Price Hints at Targets Near $6900, $7900

Bitcoin price has been trading within a tight trading range over the past week, making a few sharp stop runs in the process to liquidate over-leveraged margin traders. One prominent crypto trader says that the stop runs are due to the complete lack of liquidity near the current Bitcoin price, and that they will continue.

2019-12-6 20:00	liquidity
price near bitcoin lack runs stop trading

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Lack of Liquidity Near Current Bitcoin Price Hints at Targets Of $6900, $7900

2019-12-7 20:00	liquidity
bitcoin price lack runs stop trading current

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A Prototype Macintosh Sold for $150,000 at Auction This Week

Older pieces of technology often fetch a high price at auction. One of the only two surviving prototypes of the original Macintosh recently netted the seller $150,075. Computer enthusiasts always had a soft spot for older Macintosh computers, regardless of their design and state.

2019-12-5 07:00
macintosh older auction 150 enthusiasts always netted

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Upbit Hack: Stolen ETH Worth Millions on the Move to Unknown Wallets

One of the addresses associated with the Upbit theft last week has successfully moved $1.5 million in Ether to an unknown wallet

2019-12-4 12:51	hack
unknown upbit theft week successfully ether million

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Strong NYSE Composite, Dow Jones May Give Bitcoin a Boost Into 2020

As Bitcoin (BTC) has floundered over the past few months, falling by 50% from $14,000 to $7,300, American equities have been performing rather well. Earlier this week, the S&P 500 set an all-time high at 3,150, and the index has gained some 25% in the past year alone — likely one of the strongest years.

2019-12-2 23:00	Stocks
past bitcoin 150 all-time high 500 well

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Crypto Tidbits: Bakkt’s Bitcoin Futures Surge, UpBit Hacked for $50 Million in Ethereum, US Arrests Blockchain Researcher

Another week, another round of Crypto Tidbits. Surprisingly, Bitcoin (BTC), saw some relatively strong performance over the past seven days, gaining 2% according to Coin360. This came after the leading cryptocurrency tapped $6,600 in a surprise flash crash late last week, shocking investors the world over.

2019-12-1 00:00	Cryptocurrency
bitcoin tidbits crypto week arrests researcher past

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Bitcoin Price to ‘Trade Again at $8000 Soon’: Analyst

Bitcoin price has had a very positive week on the back of probably its worst one this year. Since Monday’s dip, BTC has gained 18% to current prices. Chart patterns and the lack of a major capitulation could indicate that the bottom is in and the only way is up from here.

2019-11-30 11:50
bitcoin price again week 8000 analyst trade

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Bitcoin Bears May Not Be Over Yet, Will Black Friday Turn Red?

Bitcoin has made a minor recovery this week to regain position in the mid-$7,000 region. Zooming out to the monthly view though still portrays a steep down trend and the bears may not be over just yet.

2019-11-29 07:00
bitcoin black friday turn red yet may

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Bitmain’s Jihan Wu Announces Two New Antminer 17 Miners

This week, Bitmain Co-Founder, Jihan Wu, announced the launch of two new Antminer 17 series miners at the World Digital Mining Summit. The World Digital Mining Summit saw quite a bit of discussion earlier this year in October, but also a few very important announcements.

2019-11-28 15:15
new two antminer jihan bitmain miners series

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Analyst: Multi-billion dollar PlusToken scam could be what caused Bitcoin’s drop to $6,600

The third-largest Ponzi scam in history, Plus Token Wallet, could be responsible for the drop in price Bitcoin saw last week. According to one analyst, the massive liquidation from the Plus Token scam caused an abnormal effect on the market, leading to an increased sell pressure that forced miners to capitulate way ahead of schedule.

2019-11-27 15:58	#scams
scam caused drop bitcoin could analyst token

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This Cryptocurrency Is Up 11310% in a Week. Legit Scam or Just Legit?

While the rest of the crypto market slowly bleeds away one cryptocurrency, dubbed Storeum, cites a 11310% weekly gain week. But is it a scam? The post This Cryptocurrency Is Up 11310% in a Week. Legit Scam or Just Legit? appeared first on CCN.com

2019-11-26 18:09
legit week 11310 scam cryptocurrency gain weekly

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Bitcoin Markets to Be Fueled by $30 Million USDT Movement

$30 million worth of USDT has been moved from the Tether Treasury to the Bitfinex trading platform, likely in an attempt to float the Bitcoin price. $30 Million USDT Bitcoin markets have been in disarray, registering four consecutive weeks in the red.

2019-11-25 22:01	whale
bitcoin usdt million markets fueled movement price

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Bitcoin's euphoric run goes awry: Here's what you need to know

Bitcoin suffered a fall this week. A total drop of over 37% was witnessed in 30 days. This drop is similar to the one seen after the Jun 26 peak of $13,800, where BTC collapsed from $13,800 to a low oThe post Bitcoin's euphoric run goes awry: Here's what you need to know appeared first on AMBCrypto.

2019-11-25 18:00	Hide Cryptopanic
bitcoin drop know awry goes run euphoric

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Bitcoin’s Correction May Soon Be Over, Analyst Argues

The Bitcoin price has reached a very significant support area created by the 0. 5 Fib level. According to our analysis, it is very close to reaching a bottom — having possibly reached one near $6600.

2019-11-25 17:08	Premium
bitcoin price very reached argues may soon

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What’s Really Private in Crypto? Research on Grin Raises Questions

Following a report last week on the anonymity features of grin, one big question emerged: What is privacy in crypto, anyways?

2019-11-26 16:00	Privacy Coins
crypto grin one anyways features big question

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Tesla’s Cybertruck is a Meme yet it Generates 146,000 Pre-orders

Tesla’s unveiling of the Cybertruck has been a bit of a mixed bag. It is a very popular meme on the Internet, but also an electric car nearly 150,000 want to pre-order. One cannot open social media without running into a Cybertruck meme this week.

2019-11-25 06:00	Tesla
cybertruck meme tesla yet popular very 146

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Bitcoin Bleeds, Analyst Not Phased: $55,000 BTC Model Still Intact

Bitcoin’s price has been dropping hard over the past week. Despite the bloodshed in the markets, one market analyst claims the 17 percent downswing is just a hiccup and does not invalidate their long-term bullish projections.

2019-11-24 04:43	News
analyst bitcoin intact still bleeds model btc

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Bitcoin Price Falters but Fundamentals Remain Intact

The bitcoin price may be down 15% on the week, but one high-profile crypto investor is focused on fundamentals and says the bottom could be in. The post Bitcoin Price Falters but Fundamentals Remain Intact appeared first on CCN.com

2019-11-23 04:25
fundamentals bitcoin price remain intact falters could

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A Swedish Digital Currency is Necessary, Central Bank Governor Claims

It has been rumored for some time now how some countries will go cashless. Swedish officials want to take this one step further by creating a national digital currency. More details regarding this potential venture were outlined by the Swedish Central Bank Governor this week, A Swedish Digital Currency Seems Viable This individual sees a […] The post A Swedish Digital Currency is Necessary, Central Bank Governor Claims appeared first on NullTX.

2019-11-23 02:00	sweden
swedish currency digital bank governor central necessary

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Bitcoin Whale Withdraws $89M BTC, Despite Bloody Market

Despite Bitcoin plummeting in value, it seems that whales haven’t lost their appetite. One major BTC whale just withdrew 12,000 BTC ($89M) to an external wallet. The market is in chaos today as Bitcoin experienced another double-digit drop.

2019-11-22 18:47	News
bitcoin btc whale market despite 89m trading

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Bitcoin Mining Giant Canaan Ends Trading Day One Flat

The long awaited IPO from Chinese Bitcoin mining hardware manufacturer Canaan Inc kicked off yesterday. The $90 million public offering was a little underwhelming considering previous valuations and the firm ended its first day trading flat.

2019-11-22 07:00	Nasdaq
mining canaan bitcoin flat day giant trading

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Santander’s Ripple-Powered One Pay Fx To Be Launched In The US, Offering Remittances To Mexico

Ripple partner Banco Santander is all set to launch its blockchain-based payment solution to a new corridor, U.S.-Mexico. While speaking with Bloomberg on Nov. 20, Banco Santander SA Chairman Ana Botin shared that the announcement for the same will be made next week as she said, “We are actually announcing next week a very interesting […]

2019-11-21 17:58	Ripple (XRP)
santander banco week shared botin announcement ana

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Monero Website Hacked as Key-Stealing Wallet Was Uploaded

Monero’s official website appears to have been hacked this week. Malicious actors were able to upload a compromised version of Monero’s Command Line Interface wallet that sent private keys to an external server.

2019-11-22 17:20	News
monero wallet website hacked official key-stealing uploaded

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LocalBitcoins Trade Volume Hits Lowest Point Since 2017

At its highest point this year, the platform moved over USD 70,000,000 in one week. Increased personal data required by the platform could influence the decline. Bitcoin (BTC) trades through the LocalBitcoins platform have fallen to their lowest levels since August 2017.

2019-11-21 17:53	Crypto Journal
2017 platform usd lowest point localbitcoins volume

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Bitcoin Capitulation Near, Price to Plunge to $6,400 if History Rhymes

Last week, Crypto Twitter erupted with reports that “miners capitulated. ” Indeed, the Bitcoin Hash Ribbons — an indicator tracking the health of the network’s hash rate — saw a bearish crossover, with the short-term moving average crossing below a long-term one, signaling that miners have stopped expanding their farms.

2019-11-19 08:24	Mining
bitcoin miners hash rhymes capitulation plunge history

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For First Time Ever, Bitcoin Set to go Into 2020 Halving in Bearish Action

As bitcoin prices slide even further this week analysts have been looking at the bigger picture which is growing increasingly bearish. Previous approaches to BTC halving have been bullish but the opposite appears to be developing this time around, at least according to one analyst.

2019-11-19 07:00
bitcoin bearish time halving btc further 2020

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Paraguay planning major cryptocurrency legislation overhaul

One of the world’s top crypto law firms, Gresham International, announced this week that it submitted a proposal to begin working with the government of Paraguay on a raft of new cryptocurrency legislation.

2019-11-20 04:55	Regulation
paraguay legislation cryptocurrency proposal cryptoslate government international

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Bitcoin Bull Run Set to Start on Thursday Based On One Prominent Mining Metric

Last week, Bitcoin was having trouble adjusting per PlanB. An analysis was showing that a previous difficulty reduction of 7% can give some signals that a major bull-run is about to start if a significant increase was about to follow.

2019-11-19 00:30	bitcoin mining
analysis planb bitcoin difficulty increase start set

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Dow Teeters as Trade War Doubts Throw Stock Market into Disarray

The Dow, S&P 500, and Nasdaq struggled to build on last week’s rally as investors digested conflicting trade war headlines. Meanwhile, the stock market is now at its most expensive since last year’s violent correction.

2019-11-19 17:38	dow jones
stock market dow war trade disarray doubts

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EA Finally Succeeds at Star Wars With Surprisingly Good ‘Jedi: Fallen Order’

Star Wars Jedi: Fallen Order released last week. The game is unlike anything EA has released of late. EA has finally done the Star Wars IP justice. Star Wars Jedi: Fallen Order is an excellent video game and one that, against all expectations, comes from EA, of all publishers.

2019-11-19 17:17
wars star jedi fallen order finally all

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Here’s What to Possibly Expect From Bitcoin This Week

China-based cryptocurrencies surge as bitcoin consolidates. If volume picks up, BTC could break above $9,700. One of the most prominent analysts in the industry shares his views on the pioneer cryptocurrency for this week.

2019-11-18 00:00	Tone Vays
bitcoin week expect cryptocurrencies china-based possibly embrace

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OneCoin Founder’s Brother Pleads Guilty to Fraud and Money Laundering

Several interesting details regarding the OneCoin Ponzi Scheme have come to light this week. It appears one of the individuals responsible for this scam is the brother of Dr. Ruja Ignatova. People who have followed the story of OneCoin to date will know this project is anything but legitimate.

2019-11-16 00:27	Ponzi scheme
onecoin brother laundering pleads fraud money guilty

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Bakkt’s Cash-Settled BTC Futures Could Make Bitcoin More Mainstream: Jennifer Ilkiw

As you may have heard, earlier this week, CoinMarketCap held its first ever conference — The Capital — in Singapore. One of the event’s keynote speakers was Jennifer Ilkiw — vice president of Intercontinental Exchange (ICE), Asia Pacific.

2019-11-18 07:03
jennifer ilkiw cash-settled futures ice coinmarketcap bakkt

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A Stock Market Crash Would Slam Baby Boomers’ Savings

After a spectacular decade for the US stock market, baby boomers are reluctant to transition into defensive investments. According to one study, most boomer retirement accounts are overweight on stocks.

2019-11-15 00:55	S&P 500
baby stock boomers market crash savings slam

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Bitcoin Bull Run Due Next Week According To Difficulty Adjustment

Stock-to-Flow (S2F) proponent, PlanB, has been extending his analysis into Bitcoin difficulty adjustments. Predicting an estimated +4% adjustment due next week, following a large drop in difficulty last week, he suggests there is only one way for BTC price to go next.

2019-11-13 17:02
difficulty bitcoin week adjustment due analysis adjustments

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Dash Coin (DASH/USD) Price Analysis and Prediction: Will the Bearish Momentum Continue?

DASH/USD pair has showcased a bearish performance over that last five days. The popular altcoin has suppressed the bullish rain and has down surged by 2. 69%. Thus, it is currently trading at $69.

2019-11-13 07:18	Price Analysis
dash bearish usd continue momentum analysis price

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Is Baltimore Ravens Quarterback Lamar Jackson the Next Big Deal?

Baltimore Ravens quarterback Lamar Jackson has gone from being a guy doubted by many to one being touted as a potential MVP candidate. As the QB of the 7-2 Ravens and a regular in highlight reels every week, it is not hard to see why.

2019-11-13 23:09	NFL
ravens jackson quarterback baltimore lamar being big

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League of Legends Worlds Finals Will Shatter Records – And Make One Team Rich

The League of Legends World Championship Finals conclude tomorrow in Paris. G2 Esports faces off against FunPlus Phoenix, with millions of dollars in prizes on the line. Last week, the semi-final between G2 Esports and SK Telecom T1 drew in nearly 4 million concurrent viewers.

2019-11-10 03:30
league legends finals rich esports tomorrow team

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MIT’s Puppy-Sized Robotic Dogs Enjoy Playing With Leaves

One would not expect a pack of robotic dogs to play in piles of leaves. That situation is slightly different as far as MIT is concerned. The renowned university has awed and shocked the world with its robotic dogs in recent years.

2019-11-9 06:00
dogs robotic leaves mit puppy-sized playing enjoy

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Gold Suffers Worst Crash in 3 Years Because Investors Ignored One Crucial Fact

Gold price suffers worst weekly drop in three years as investors tilt toward risk-on assets. December gold futures are hovering around $1,465/oz, the lowest in over three months. Despite the fall, the Federal Reserve’s ‘war on savings’ will keep gold prices trekking higher over the long haul.

2019-11-9 20:28	United States
gold suffers investors worst years price three

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Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters

The 200-day simple moving average is one of the most widely tracked indicators of the long-term trend.

Bitcoin Falls 8%, Drops Below $62K Before Rebound

Bitcoin and the broader cryptocurrency market fell nearly 10% on Saturday.

ETHEREUM PRICE ANALYSIS & PREDICTION (January 1) – ETH Continues to Lose Momentum After Facing Rejection, Big Drop Around The Corner?

Ethereum advanced bullish this week and broke out to a new yearly high. But it saw a rejection and failed to sustain bullish momentum. The price slipped and now looks weak on the daily timeframe. Following a quick recovery above the $2100 level in the mid-month, Ethereum’s price increased and […]

INTERNET COMPUTER PRICE ANALYSIS & PREDICTION (December 17) – ICP Doubles Price In A Week As It Marks A New Peak

Internet Computer – ICP advanced bullish this week and broke through a key resistance level to reach a new milestone today. It is now trading above April 2022 high after posting over 150% gain in 30 days.

Bitcoin Breaks $40K for First Time in 19 Months Amid Broader Crypto Market Rise

The price of Bitcoin hit $40,000 on Sunday for the first time in 18 months, while Ethereum rose past $2,200.

Injective surges after latest burn auction and OKX listing

Injective (INJ) price surged by nearly 10% as it hit an intraday high of $18. 24. The gains came as OKX added support for INJ on its spot markets and the community burned more than $65k worth of INJ.

Arbitrum among top gainers with 9%: Here’s the ARB price outlook

Arbitrum (ARB) price rose 9% this past week, trading to above $0. 86. Meanwhile, Toncoin (TON), Chainlink (LINK) and Aave (AAVE) saw double digit gains. What next for ARB? Arbitrum (ARB) is trading higher over the 24-hour timeframe, holding off bears around $0.

2019-12-21 23:30

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