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Bitcoin‘s Fate May be Determined By How it Responds to this Single Level

Bitcoin pushed higher overnight as bulls attempted to firmly surmount the $9,000 region, although the crypto faced yet another rejection at these price levels One fund manager is now noting that BTC’s current price region seems like a logical place for its uptrend to stall This comes as a respected trader notes that the crypto has reached a pivotal price level that could determine its fate in the weeks and even months to come Bitcoin […] дальше »

2020-5-1 21:00


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These Simple Factors Show Why Bitcoin’s Recent Rally was So Important

Bitcoin’s rally yesterday allowed it to erase virtually all of the losses that resulted from its mid-March meltdown This movement did more than just boost its technical outlook, as it has also bolstered BTC on multiple other fronts One analyst is also noting that this was a “spot dominated” movement, meaning that it may actually prove to be highly sustainable Bitcoin saw a massive rally yesterday that allowed it to erase virtually all of the […] дальше »

2020-5-1 02:00


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Here’s Why Bitcoin Could Rally to $10,000 Before Seeing a Brutal Decline

Bitcoin’s intense volatility seen yesterday didn’t let up overnight, as the benchmark cryptocurrency pushed as high as $9,500 before facing a swift rejection The crypto has been able to stabilize within the upper-$8,000 region in the time since Analysts are now noting that this strong upwards momentum could lead BTC as high as $10,000, although it may face a brutal rejection at this level that leads it significantly lower Bitcoin and the aggregated cryptocurrency market […] дальше »

2020-5-1 21:00


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Ethereum’s Aggressive Bids are Dissolving as Buyers Grow Weak

Ethereum has seen a slight rejection from its recent highs in the time following its decline from just below $200 Analysts are noting that there are multiple separate technical factors that point to an imminent breakdown One such factor is a major decline seen in the cryptocurrency’s buying pressure, which has been dissolving throughout the past several days and weeks Ethereum has been closely tracking the price action seen by Bitcoin in recent times. This […] дальше »

2020-4-28 23:00


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Ethereum Showing Signs of Tiredness as Analysts Expect Underperformance

Ethereum is in the process of surmounting the key $200 resistance level as its bullishness grows The cryptocurrency’s rebound from its March lows has been intense, although analysts are noting that a strong pullback could be in the cards This comes as traders note that they anticipate ETH to underperform Bitcoin in the days and weeks ahead Ethereum is now in the process of rallying up to $200, marking a significant extension of the momentum […] дальше »

2020-4-26 22:00


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“Simple Geometry” Shows Bitcoin is Bound to Drop Despite Healthy Consolidation

Bitcoin has stabilized above $7,500 following yesterday’s upswing Analysts are now noting that a confluence of factors suggest BTC will decline slightly before finding enough support to catalyze continuance of this uptrend This comes after a period that some traders have described as “healthy consolidation” Bitcoin has been able to maintain all of its recent gains overnight, as the benchmark cryptocurrency has begun stabilizing above the $7,500 region even in spite of the strength of […] дальше »

2020-4-26 21:00


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Bitcoin Enters Multi-Year Trading Range as Mixed Signals Flash

Bitcoin has stabilized above $6,800 after its recent dip below $7,000 It has now entered what appears to be a historic trading range that has been developed over many years Analysts are noting that the crypto is now sending mixed signals with regards to where it might trend next In the time following Bitcoin’s intense decline below $7,000 yesterday, the benchmark cryptocurrency has since been able to stabilize above its near-term support at $6,800. It […] дальше »

2020-4-22 21:00


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Bitcoin Association President Served Subpoena Over Twitter

The quest for the Bitcoin Association President continues as the law firm representing David Kleiman’s estate reaches out to Jimmy Nguyen on Twitter. NGUYEN KEEPS BUSY, YET CANNOT BE FOUND On Sunday, attorney Vel Freedman replied to one of Nguyen’s tweets, noting that his firm had repeatedly been unable to serve him with a subpoena related to the case against Craig Wright by Ira Kleiman. дальше »

2020-3-31 16:00


How Bitcoin was Able to Beat Gold’s Recovery as Coronavirus Crisis Mounts

Prominent economist Peter Schiff lately compared the performances of Bitcoin and Gold amidst the deepening financial crisis, noting traders who bought the cryptocurrency at its year-to-date high are sitting at 70 percent losses while those who purchased Gold at its yearly top suffered a comparatively dwarfed loss of 14 percent. But looking at their subsequent... дальше »

2020-3-31 15:30


Ethereum Could “Dive Hard” During Next Selloff Due to Severe Technical Weakness

Ethereum, much like Bitcoin and all other major cryptocurrencies, is currently caught within a bout of range-bound trading that has led it to hover within the mid-$130 region. This lackluster price action may not last long, however, as analysts are now widely noting that the crypto may soon “dive hard” during the next major Bitcoin... дальше »

2020-3-27 23:00


Bitcoin Halving to Have “Tiny” Supply Shock; More Important Events in 2020

Bitcoin’s mining rewards halving event has long been looked towards as a bullish fundamental event that would catalyze a massive BTC uptrend due to the resulting inflation reduction. In spite of this, one prominent angel investor is now noting that the supply reduction resulting from this event will be “tiny,” and that it is highly... The post appeared first on NewsBTC. дальше »

2020-2-5 00:00


Bitcoin Bears Are “Emotionally Broken” as Whales Stack Massive Buy Orders

Bitcoin appears to be currently trading at a pivotal price region, as its reaction to the resistance it is facing at $9,000 could set the tone for where BTC trends in the weeks and months to come. Analysts are now noting that they widely expect Bitcoin’s reaction to this level to ultimately result in a... The post appeared first on NewsBTC. дальше »

2020-1-18 23:00


These Simple Factors Suggest Ethereum Will Soon See a Major Bull Movement

Ethereum has been outperforming Bitcoin over the past 24-hours, posting a massive upwards movement that has allowed it to secure a position within the $170 region, which marks a notable climb from ETH’s recent lows around $120 that were set in the final weeks of 2019 Analysts are now noting that they anticipate Ethereum’s upwards... The post appeared first on NewsBTC. дальше »

2020-1-18 20:30


Bitcoin Forming Bullish Long-Term Bottom Formation; Key Levels to Watch For

Bitcoin (BTC) has been able to incur some decent upwards momentum in the time since its faced a strong and swift rejection around $7,800, as it has since climbed up towards $7,600. Analysts are noting that this recent price action may point to the possibility that Bitcoin is forming a bullish long-term bottom formation, which. дальше »

2019-12-8 21:00


Mining Difficulty (MD) Influences Behavior of Miners on the Bitcoin (BTC) Network

As most of our regular readers are well aware of, Bitcoin is a decentralized peer-to-peer network wherein each separate tx is secured using a SHA26 algorithm. Also, it is worth noting that peers on the network are required to invest a certain amount of their computational power (hash power) to verify each individual transaction. In […] дальше »

2019-8-12 19:50


Market Sentiment Swings as Bitcoin Taps $10,000, But Strong Resistance Remains Ahead

Bitcoin (BTC) and the aggregated crypto markets incurred a sudden influx of buying pressure yesterday that allowed them to climb significantly higher. This upwards momentum came about after a long period of downwards pressure that had jeopardized the upwards momentum that the markets had incurred throughout the first half of 2019. дальше »

2019-8-1 03:00