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Data Suggests Whales are Keen on Protecting One Key Bitcoin Support Level

Bitcoin has seen some choppy price action throughout the past couple of days, with buyers and sellers largely reaching an impasse Following a swift overnight decline, Bitcoin has posted a strong rebound that has allowed it to surge back to $36,000 Where it trends next will undoubtedly depend on whether or not buyers can flip $36,000 from resistance to support One analytics platform is noting that BTC has yet to test its crucial support level […] дальше »

2021-1-19 23:00


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BTC hits $40k just three days after a massive dip

BTC has shot up in the last 24 hours, recording double-digit gains and hitting the $40k mark just three days after pulling back to $30k. This uptick was certainly a surprise as many analysts called for a pullback below $30,000, or even said that “this bubble has popped” and called for another 85% retracement, which […] The post BTC hits $40k just three days after a massive dip appeared first on Invezz. дальше »

2021-1-15 21:14


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Here’s the next upside target for Bitcoin (BTC) buyers

Bitcoin (BTC) price rose to new all-time highs on Sunday, before rotating lower on profit-taking. Buyers are now taking a step back before a continuation of the uptrend can take place.   Fundamental analysis: Strong institutional demand Henri Arslanian, a global crypto leader at PwC, believes that large institutional investors have entered the cryptocurrency market, which is reflected in the recent uptrend. дальше »

2021-1-5 13:05


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The Last Time This Indicator Flashed, Bitcoin Dropped 38%; Now It’s Back

Bitcoin has been facing some turbulence as of late, with the cryptocurrency’s price action greatly favoring bulls Each dip has resulted in aggressive buying pressure that leads it to new all-time highs, with the ongoing bull market turning into a full parabolic ascent The crypto is fast approaching $30,000, with this being a key level that could prove to be a major hurdle for the crypto to break above One analyst spoke about BTC’s outlook, […] дальше »

2021-1-2 21:00


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Bitcoin Whales Back On The Pitch With Billion-Dollar Moves

A Bitcoin whale has reportedly transferred nearly $1 billion worth of Bitcoin to a Bitstamp account while paying less than $1 in fees. Revealing details from the transaction, a Bitcoin block bot revealed that the 101,857 BTC transaction, which is currently $925 billion according to today’s market price, only attracted $0.48 in fee charge. This whale […] дальше »

2020-7-6 00:11


Ripple CTO Bullish on Bitcoin But Has Been Selling His Stash for Years

David Schwartz, chief technology officer at Ripple, recently shared that he is still bullish on bitcoin but is currently selling his BTC stash. On being asked by Adam Back, co-founder and chief executive officer of the blockchain technology company, Blockstream, “aren't you pro-BTC and converting XRP into Bitcoin?” Schwartz shared, “Nope. I've been slowly selling […] дальше »

2020-6-30 21:37


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Bitcoin Sees Major Weakness as “Nasty” Technical Pattern Emerges

Bitcoin faced a harsh rejection at $9,800 yesterday that has since caused it to form a strong short-term downtrend. This has led it back to the lower-region of its long-held trading range BTC does appear to be technically weak at the moment, as buyers are struggling to guard against the heavy selling pressure that was incurred at this level One “nasty” technical pattern could now be flashing If history repeats itself, this pattern could result […] дальше »

2020-6-25 21:00


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‘Big Win’: Digibyte Soars On The Back Of Long-Awaited Binance Listing

Digibyte price has surged 25% today following its listing on Binance. Binance announced it was listing the 35th largest cryptocurrency by market cap only a few hours ago. In an official announcement, the exchange said it would open trading for DGB/BTC, DGB/BNB, and DGB/BUSD trading pairs on 2020/06/22 2:00 PM (UTC), and traders could start […] дальше »

2020-6-23 22:32


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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend

Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […] дальше »

2020-6-23 21:00


Bitcoin and S&P 500 Cointegration has Trillions of Money Dripping Down into BTC

Bitcoin is back to trading around $9,500 after experiencing volatility earlier this week and last week before that. Bitcoin’s losses and gains have been in line with the US stock market which also posted gains on the hopes that the decision by the Federal Reserve to buy corporate bonds would propel a V-shaped recovery. The […] дальше »

2020-6-17 15:37


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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500

After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »

2020-6-17 21:00