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Algo-Based Trading Might Have More Impact on Crypto Prices Than Expected

According to a report published by Bloomberg on April 3, 2019, algorithmic hedge funds might be the agents that have caused the price of bitcoin to skyrocket in the past couple of days. Algorithms May Have Caused Potential Price Jump Bitcoin, the premier cryptocurrency which accounts for roughly 50 percent of the total market capRead MoreRead More. дальше »

2019-4-4 21:00


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Bitcoin Price Will Be $50k in April 2020, Says Developer Luke-jr

Bitcoin Core developer Luke-jr has delivered an April Fools Day joke for Bitcoin users, lobbying for a market-wide minimum Bitcoin price of $50,000. Fighting ‘Unreasonably Low Prices’ In what will likely become one of the more popular gags for this year’s event, which traditionally sees crypto-related media and social media flooded with industry-specific fake news, Luke-jr decided current Bitcoin price levels must end. дальше »

2019-4-1 19:00


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21