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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


Analyst: Recent Bitcoin (BTC) Rallies Have Coincided with Fresh Bitmex Quarterly Futures

Bitcoin was recently able to surge above its previous level of strong resistance around $4,000, but BTC has not incurred any significant buying pressure since climbing above this price level. It currently remains unclear as to whether or not this former resistance level will now flip to become a level of support, which would be. дальше »

2019-3-18 22:30


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CFTC Chairman: Crypto and Blockchain Influencing Global Markets

Amongst the many factors that are transforming the global financial market, cryptocurrency and blockchain were singled out by the outgoing CFTC Chairman in a March 14, 2019 speech.   Namedropping The crypto industry and the Commodity Futures Trading Commission (CFTC) are constantly crossing paths, whether they are receiving feedback from the industry or investigating possibleRead MoreRead More. дальше »

2019-3-16 02:00


Winklevoss Twins’ Bitcoin Hot Takes: The Latest from the BTC Brothers

Whether in the world of social media or in cryptocurrency, most people know the name “Winklevoss.” The two brothers, Cameron and Tyler, are major entrepreneurs, starting social media with ConnectU, and ultimately becoming known through their lawsuit against Mark Zuckerberg over his launch of Facebook being stemmed from their idea. Now, they have settled down […] дальше »

2019-3-12 03:03


Fed Chair Jerome Powell Says Inflation Objective of 2% is Subjective, Crypto Has Store of Value Uses

The chairman of the U. S. Federal Reserve (FED), Jerome Powell, answered some questions regarding regulations, inflation in the US, Bitcoin (BTC) and more. Rep. Warren Davidson from Ohio, started by asking Powell whether he believes regulatory clarity in the space could foster innovation in the cryptocurrency market. дальше »

2019-2-28 02:20


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Korean Cryptocurrency Market Hinges on US Bitcoin ETF Decision

According to the Korea Herald, the U. S. Bitcoin ETF decision will shape the mood of the cryptocurrency market in the country. The All-Important Bitcoin ETF Decision It isn’t only the likes of SolidX, VanEck, and the flurry of other Bitcoin ETF proposals that are waiting in anticipation for April 5, the date scheduled for the SEC to reach a decision on whether to allow them or not. дальше »

2019-2-21 18:00


Analyst: Despite 80% Drop Bitcoin Network is as Strong as Ever, Enduring Fundamentals

Bitcoin (BTC) may be struggling price-wise, but an array of analysts claim that from a fundamental perspective, the cryptocurrency is stronger than ever. And while headlines have focused on impending institutional involvement, whether it be through Bakkt, Fidelity, ErisX, or otherwise, little attention has been drawn to Bitcoin’s network statistics. дальше »

2019-2-18 18:30


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21