The Factor That Could Lead To Much Higher Prices This Bitcoin Bull Run

Bitcoin price reached more than $28,000 over the holiday weekend, giving investors extra to celebrate as the bizarre year of 2020 comes to a close.   Analysts are mixed — some warn Bitcoin has topped out based on technicals while others look to fundamentals and other factors unique to this cycle such as the emergence of institutional buyers to support continuation. дальше »

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While Bitcoin topped when the CME released BTC futures, Ethereum futures are bullish

Bitcoin and Ethereum are exploding higher once again.

The post While Bitcoin topped when the CME released BTC futures, Ethereum futures are bullish appeared first on CryptoSlate.

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Veteran Analyst Says BTC Might See Further Correction but ‘Prices Have Not Topped’

Following bitcoin’s sharp pullback on November 26, renowned trader Peter Brandt says BTC is likely to see a further correction, although he thinks prices have not topped. The comments follow the massive sell-off of cryptos that resulted in traded volumes of $8. дальше »

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Bitcoin mining revenue hits yearly high, after return to pre-halving levels

Bitcoin mining revenue has topped $20 million per day, its highest level this year.

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Top Trader: Bearish S&P 500 Means Bitcoin May Have Topped

Bitcoin has undergone a strong 50% rally over the past 30 days. The leading cryptocurrency traded as high as $16,500 just hours ago, though has since retraced toward $16,200 as buying pressure has tapered off. дальше »

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$17,149 Is The Last Resistance Zone Standing In The Way Of Bitcoin Reaching New ATH: Trader

Bitcoin has been on a roll over the past few weeks. The bitcoin community has been cheering on as the cryptocurrency topped $16,000 for the first time in almost three years. The bellwether cryptocurrency has spent a countable number of days at current price levels in the past. дальше »

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Analysts Fear Ethereum Has Topped After $470 Resistance Is Tapped Twice

Ethereum has actually seen quite a tepid bout of price action despite Bitcoin pressing to new year-to-date highs. While the coin is up 1. 3% in the past day, it is still a handful of percent below local highs. дальше »

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“Not A Convincing Move,” Bitcoin Analyst Asserts After Price Hits $16K

A flash pump in the early London hours Thursday led the Bitcoin price above $16,000. As of 1000 GMT, the BTC/USD exchange rate topped for the day at $16,169, a level last occupied in January 2018 when the pair was correcting lower after establishing its record high near $12,000 the previous month. The sudden upside […] дальше »

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Bitcoin Indicator That Precedes Major Bull Runs Flashes Again

Most recently, the cryptocurrency rallied by more than 200 percent after MA7 topped out in March 2020. The results were similar in late 2019 and late 2018. дальше »

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Bitcoin Boom Pulls in Flood of New Investors Despite Macro Uncertainty

Against a backdrop of macro uncertainty, the past month has seen a stellar run of form for Bitcoin. But the number one cryptocurrency by market cap topped out last Friday at $16k, having gained 45% since the start of last month. дальше »

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Bitcoin Price Breaks $400 Higher While S&P 500 Drops

Bitcoin has undergone a strong rally over the past day, gaining $300 as it pushes to $11,750. It topped out at $11,820 today as the dollar underwent a slight rally higher. TradingView. com data indicates that Bitcoin is outpacing a swath of other assets over the past day’s trading session. дальше »

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This US Dollar Fractal Predicts Bitcoin Is on the Verge of a Strong Surge

The common narrative shared over recent months is that Bitcoin is adversely affected by increases in the value of the U.S. dollar. Case in point: when the dollar began to spike in February and March, BTC began to tumble lower, as did the S&P 500 and the price of gold. More recently, when Bitcoin topped […] дальше »

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This On-Chain Indicator Looks As It Did Prior to Bitcoin’s 2017 Rally

On a macro scale, Bitcoin has yet to break out. Despite surging around 20% in the past 1. 5 months, the coin remains under crucial long-term resistances. One pivotal level analysts are looking towards is $14,000, as that’s where the 2019 rally topped and highs of December 2017 ended up at (monthly candle). дальше »

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After $1,000 Drop, Bitcoin Buy Signal Could Conjure Bullish Reversal

After an incredible 2020 recovery rally from Black Thursday lows, Bitcoin price may have topped out for the year. Several indicators have been pointing to a peak in the cryptocurrency; however, a buy signal on daily timeframes could suggest a short term recovery instead. дальше »

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Daily Chart Suggests Bitcoin At Risk of Extended Correction To $10,500

Bitcoin struggled to clear the $12,000 resistance zone and corrected lower against the US Dollar. BTC’s daily chart suggests the price could extend its decline towards the $10,500 support. Bitcoin topped near the $12,080 level and it is currently correcting gains. дальше »

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Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records All Time High

Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrencies with bitcoin (BTC) briefly trading above $12,000. дальше »

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Bitcoin (BTC) Jumped to $100,000 on Binance Futures

There have been several predictions that see Bitcoin hitting a six-digit figure. On Sunday, this became a reality, very briefly, thanks to an algorithm. Bitcoin futures topped at $99,964 on Binance over the weekend. дальше »

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As Bitcoin Pushes $11,500 Top, Funding Rates Drop: Why This Is Bullish

Earlier this week, Bitcoin topped out at $11,500 — a historically important price point. The leading cryptocurrency proceeded to drop by approximately 7% to $10,600 in the 24 hours that followed the high. дальше »

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Bitcoin Will Hit $28K and Correct, Then Hit Six Figures — Max Keiser

Bitcoin price’s current surge, which has so far topped out at $11,380, is destined to continue beyond its all-time highs, the Wall Street veteran predicts. дальше »

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What Happens Next? Bitcoin Range Falls To Tightest Point In History

2020 has been a brutal year on all accounts, topped off by the most boring sideways action in Bitcoin yet. In fact, this truly is the most stagnant range in the history of the first-ever cryptocurrency, according to a range-measuring technical indicator. дальше »

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Ethereum Topped Bitcoin in Network Daily Fees Over Weekend

Daily Ethereum network fees have surpassed those of the Bitcoin network and the gap is growing, recent data suggests.

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Ethereum Records $500,000+ in Single-Day Network Fees, Overtaking Bitcoin

Ethereum has recorded higher daily total network fees than Bitcoin for two consecutive days. The rare event indicates increased activity and growing adoption for the network. On June 6, Ethereum’s daily total network fees topped that of Bitcoin. дальше »

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Sorry Bulls: Bitcoin Prints Perfect Sell Setup Last Seen at February’s $10k Top

After weeks of bullish price action, Bitcoin finally topped $10,000 today, rallying as high as $10,100 on the back of an influx of buying pressure. Many say that this recent move sets the stage for even greater growth, but a trader recently argued that BTC printed a “perfected” sell setup. The setup was the exact... дальше »

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Bitcoin Beats Netflix’s Money Heist on Twitter India

Bitcoin was trending higher than NetFlix’s Money Heist early Friday. Regional interests in the cryptocurrency topped as major Indian publications covered its overnight price rally. The social media trend validated bitcoin’s growing foothold in the world’s fifth-largest economy. дальше »

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Paul Tudor Jones, Halving & More: 4 Trends Behind Bitcoin’s Eruption to $10,000

After weeks of rallying, Bitcoin finally topped $10,000 today, ripping past this key level. Here’s a collection of what caused this move, which liquidated dozens of millions worth of BitMEX short positions. дальше »

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Bitcoin Just Surged to $10,000: Here’s What Analysts Think Comes Next

Just hours after our last market update, Bitcoin has topped $10,000. This is the first time the cryptocurrency has done this in over seven weeks. After holding $9,400 for all of Wednesday, the cryptocurrency surged higher over the past few hours, passing resistance after resistance in the $9,000s, culminating in the surge past $10,000 just... дальше »

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Bitcoin Surges Near $10,000, Destroying $20M In BitMEX Short Positions

Just five days out from the Bitcoin block reward halving, analysts are buying coins en-masse in preparation for more upside. The cryptocurrency topped $9,750 just minutes ago for the first time since March, setting a new local high just shy of $9,800. дальше »

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It’s the “Last Stand” for Bag Holders of XRP: Top Analyst Peter Brandt

XRP hasn’t been excluded from the recent rally in the cryptocurrency market. From its lows in March of $0. 11, the second-largest altcoin has gained over 100% from the lows. As Bitcoin topped $9,400 last week, the altcoin topped $0. дальше »

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Bitcoin Hits $9.3K as S&P 500 Heads for Another Winning Session

Bitcoin topped at $9,300 for the first time in a week on “halving FOMO. ” The cryptocurrency’s upside move surfaced as the S&P 500 index pointed towards new gains at the Wednesday’s open on Wall Street. дальше »

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Despite Strengthening XRP Chart, On-Chain Metrics Are Bearish: Analyst

XRP hasn’t been excluded from the recent rally in the cryptocurrency market. From its lows in March of $0. 11, the second-largest altcoin has gained over 100% from the lows. As Bitcoin topped $9,400 last week, XRP topped $0. дальше »

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This Indicator Suggests Bitcoin at the Beginning of a Bull Market

Bitcoin price might have lost 16% percent of its value last week and recovered some of the losses back, but the market hasn't topped yet. According to the unrealized profit of bitcoin, we just might be at the beginning of a bull market. дальше »

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CME Bitcoin Futures Top $1 Billion for the Third Time Ever

Bitcoin futures markets have been exceptionally active lately. Yesterday, the daily volume for the CME Bitcoin futures market topped $1 billion for the third time ever. The demand in the Bitcoin futures market has been exploding as of late — led by optimism about the leading cryptocurrency’s prospects for 2020. дальше »

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Is $10,000 Bitcoin’s New $1,000? Price Action Like Pre-2017 Bull Run, Says Analyst

Bitcoin has once again topped the $10,000 level. The leading crypto asset by market capitalisation crossed the psychologically significant level multiple times over the last couple of weeks. For some analysts, the shrinking resistance the Bitcoin price experiences as it crosses into five figures is reminiscent of the crypto’s flirtations either side of $1,000. The... дальше »

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Ethereum Closes Longest Weekly Run in The Green For 3 Years

All eyes have been on bitcoin over the weekend as it topped the five figure price level. Ethereum has made even better gains though, posting its longest weekly run in the green since early 2017. Ethereum Bulls Keep Running Over the weekend Ethereum hit a high of $230 according to Tradingview. дальше »

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Bitcoin Surged Last Time it Topped $10k, What’s Next For BTC?

The last two times bitcoin topped ten thousand dollars in an uptrend it went on to make huge gains. What is in store next for BTC as it holds above this psychological price level? Bitcoin Taps $10,200 BTC pushed to a new high in early hours Asian trading when it touched $10,200 according to Tradingview. дальше »

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Rally Over? Latest Bitcoin Price Action Resembles Aggressive Distribution Model

Last night, following a bullish weekly close and an even more bullish monthly candle close just days prior, the recent rally in Bitcoin price may have finally topped out. According to the Wyckoff method, the recent price action closely matches an aggressive redistribution model that suggests a severe mark down phase could follow. дальше »

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Bears Beware: Ripple Uptrend Far From Over, Here Are Key Supports To Watch

Ripple extended its rise above the $0. 2450 resistance against the US Dollar, similar to bitcoin above $8,800. XRP price topped near the $0. 2540 area and recently corrected lower. Ripple price is down more than 6% and broke the $0. дальше »

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Bitcoin Falls Back After Briefly Breaking $9k Resistance

Bitcoin's bulls have failed to make a solid move above $9,000, having briefly topped the psychological resistance level earlier on Friday. дальше »

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Bitcoin SV Delistings Helping It Scam Pump, Claims Bitfinex Whale

Bitcoin SV (BSV) took serious criticism in 2019 — which led to its delisting on multiple exchanges, particularly Binance. However, this may have allowed it to scam pump easier in 2020. Joe007 (@J0E007), a self-proclaimed ‘proto-Bitcoin Whale’ who has topped Bitfinex’s leaderboard, usually provides Twitter with insight on the inner working of the cryptocurrency world, […] The post Bitcoin SV Delistings Helping It Scam Pump, Claims Bitfinex Whale appeared first on BeInCrypto. дальше »

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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. дальше »

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Decision Time For Future Of Bitcoin As Crypto Teeters On Bear-Bull Edge

After spending the first half of the year in a powerful, parabolic uptrend, Bitcoin price has been suffering from a downward spiral ever since the summer when the first-ever cryptocurrency topped out at $14,000. дальше »

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Monthly Candle Close Signals That Bitcoin May Be ‘Done For a While’

Bitcoin price closed its November monthly candle in the red, marking a total of four out of five red candles since Bitcoin topped out at the end of June. With the most recent monthly candle open, a prominent crypto analyst’s indicator has signaled a sell for the first time since June of the previous year,. дальше »

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Bakkt Sets New All-Time High With $42.5 M in Bitcoin Futures

After a mediocre start, interest in the Bakkt Bitcoin futures platform is starting to look more respectable. Trade volume at the Intercontinental Exchange-owned venture yesterday topped $42. 5 million — a new all-time high by a considerable margin. дальше »

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Ethereum Will ‘Blast’ If Bitcoin Dominance Has Topped, Reasons Analyst

The cryptocurrency market has been increasing throughout 2019. This increase has been more pronounced in the Bitcoin price rather than altcoins, like Ethereum — causing the BTC dominance rate to increase. дальше »

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3 Things Stopping Bitcoin From Returning to $20k

Bitcoin is known for its meteoric rises and plummeting dips, but the price has not seen much upward momentum over the past few months. Ever since Bitcoin topped $20k in December 2017, people have been waiting for the bull market to return. дальше »

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Bitcoin is Up 83,000% Since Gold Topped in 2012: Bullion vs. BTC

If you’ve been on Crypto Twitter over the past 24 hours, you have likely noticed one Bitcoin-bashing tweet from Peter Schiff. The message, which can be seen below, shows the libertarian investor claiming that BTC’s price chart “looks horrible. дальше »

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Crypto Analyst: Bitcoin Downtrend In Full Swing

For the better part of 2019, Bitcoin was in a powerful uptrend. After the leading crypto asset by market cap touched its bear market bottom at $3,200 the asset went parabolic until it topped out at $14,000 – just shy of setting a new all-time high. дальше »

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Bear Market Indicators Returning as Bitcoin Dumps Below $7,800

The weekend brought a little hopium as Bitcoin prices topped $8,200 briefly, however the doom and gloom has returned on Monday morning as BTC has dumped back into the $7k region again. The longer term chart indicators are mounting up and they are all screaming bear market. дальше »

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Tom Lee: Bitcoin (BTC) Is Still Too Small For Institutions

Bitcoin (BTC) has maintained a hold above $8,000 for the past few days and it appears to be consolidating here. The Bakkt futures launch a couple of weeks ago was hugely underwhelming and industry experts suggest that bitcoin and crypto is still too small for institutional interest. дальше »

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Why a Bloomberg Opinion Writer Expects a Bitcoin Bull Run

Now that the Bitcoin market has cooled from its emotional top in late-June, when BTC topped $14,000, mainstream media coverage of the cryptocurrency industry has tapered off dramatically. No longer is CNBC television covering Bitcoin three times in one day; the number of headlines mentioning “crypto” has collapsed. дальше »

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