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Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution

On March 20, the BTC price reached a high of $6,900. Since then, it has been mostly trading in a range between $6,100-$6,900, with the exception of a failed breakdown attempt on March 27. On April 2, the price initiated a rapid upward move and reached a high of $7,192, however, the higher prices could […] The post Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution appeared first on BeInCrypto. дальше »

2020-4-3 17:10


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Is Bitcoin Moving in an Ascending Triangle or Wedge?

On April 2, the Bitcoin price initiated a very swift upward move, rallying from a low of $6,551 to a high of $7,194. While initially, it seemed that this movement would cause a breakout above the current pattern, the higher prices could not be sustained and BTC reached a close of $6,794, slightly below the […] The post Is Bitcoin Moving in an Ascending Triangle or Wedge? appeared first on BeInCrypto. дальше »

2020-4-3 13:45


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Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts

The price of oil continues to tumble lower — WTI crude briefly traded for under $20 per barrel this week. The dollar, dependent on oil, could now in serious jeopardy. The oil price war between Russia and Saudi Arabia shows no signs of slowing down, and US shale will likely see mass bankruptcies in the […] The post Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts appeared first on BeInCrypto. дальше »

2020-4-2 13:10


UMA introduces ‘priceless’ ERC20 token contract that can track any asset

UMA (Universal Market Access), a decentralized financial contracts platform, has introduced a new ERC20 contract design that is capable of tracking any asset with no on-chain prices and pooled risk. No on-chain price feed or ‘priceless’ contracts are designed with mechanisms to incentivize counterparties to properly collateralize their positions; without requiring any on-chain price feed. […] дальше »

2020-3-27 21:47


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Crypto Analyst Says Bitcoin Price Still Depends on Stock Market as Correlation still Intact

Bitcoin experienced a severe crash last week alongside the stock market which was responding to the COVID-19 pandemic that has led to record crashes in stock prices. The crash in BTC price suggested its correlation with the stock market although some have argued that this is not the case. The number one cryptocurrency was on […] дальше »

2020-3-23 00:42


$8 Million Ether Sold for Free Through Maker

Black Thursday had been one of the worst days for the crypto community that recorded the violent sell-off across the market. But not only did the prices crash severely, for Ethereum it also resulted in Network congestion, a rise in fees, increased gas price, and liquidation issues with decentralized finance (DeFi) products. As per cryptanalysis firm […] дальше »

2020-3-19 20:58


Bitcoin Price Crash Presents Buying Opportunity For Whistleblower Edward Snowden

The crypto market has been going through what can perfectly be described as a bloodbath. In an unexpected move, Bitcoin has fallen quite significantly, sparking fears in the sector. While there are several rumors of large liquidations, others seem to be taking the current crash as an opportunity to grab a position while prices are […] дальше »

2020-3-14 21:00


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Bitcoin Crash Doesn’t Affect Stock-to-Flow Model Prediction

Even though Bitcoin has declined in price almost 26% since February 13th, this pullback does not signal the end of the Stock to Flow (S2F) price model.   The sky is falling, should we be worried? Bitcoin’s S2F model is a long-term prediction which takes data from the previous Bitcoin halving events and calculates a range where prices are likely to follow in the future. дальше »

2020-3-10 20:11


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No Bitcoin Manipulation: Analyst Defends 2020 Price Surge of 57%

As the crypto market awaits the upcoming halving, there are naturally many thoughts about the Bitcoin market. Firstly, there are several predictions about what the halving will present for Bitcoin. While some believe that the halving is already priced in, most others have predicted extremely bullish prices for the king coin. On the other hand, […] дальше »

2020-3-4 13:18