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Bitcoin Likely to See Price Discovery in 2021; Analysts Foresee Local Top

Bitcoin is officially in full parabolic rally mode, with the cryptocurrency’s recent break above $20,000 giving way for it to see a massive rise Its price rallied as high as $23,700 overnight before facing a steep rejection that sent it spiraling down to lows of $22,400 The buying pressure here was intense, and has since allowed it to rally higher It is important to note that although the crypto did face a rejection, it is […] дальше »

2020-12-18 21:00


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Ethereum Breaks Out of Bullish Triangle as CME Futures Listing Boosts Price

Ethereum saw a massive rally today that has allowed its price to firmly break above $600, which has long been a resistance level Following the break above this resistance, the cryptocurrency rallied as high as $630 before its rally got overextended and resulted in it retracing down towards $615 It is recovering from this pullback, but the price just above where it is currently trading at may persist as a strong resistance level in the […] дальше »

2020-12-17 00:00


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This 2017 Fractal Suggests Bitcoin is About to Go Parabolic

Bitcoin has seen some strong price action following its recent dip down to lows of $17,600 The support here allowed bulls to establish this level as a mid-term bottom, and it has been rising ever since Where it trends next will depend largely on the continued reaction to the support existing at $19,000, as the flip of this level from resistance to support has been promising Another sustained break below this level could be a […] дальше »

2020-12-15 21:00


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Authorities Shut Down Darknet Marketplace Sipulimarket, Seize Bitcoin

A major darknet marketplace, Sipulimarket, has been shut down and its assets, including bitcoin, were seized by Finnish Customs, in cooperation with Europol and the Polish police. Darknet Marketplace Shut Down, Bitcoin Seized Europol and Finnish Customs (Tulli) announced last week that they “have shut down the Sipulimarket dark web marketplace and seized all its […] The post Authorities Shut Down Darknet Marketplace Sipulimarket, Seize Bitcoin appeared first on Bitcoin News. дальше »

2020-12-14 03:30


Bitcoin Drops Under $17,600 Despite ‘Ample Monetary Stimulus’ From The European Central Bank (ECB)

Today, Bitcoin went down to as low as $17,570 in the Asian and European trading session before making its way above $17,900 with a mere $3. 37 billion in ‘real’ trading volume. With the latest round of losses came the largest drop in the Bitcoin exchange balance in more than 3 years of 1. дальше »

2020-12-11 16:29


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Risk for Bulls: Bitcoin Miners Begin Aggressively Selling Holdings

Bitcoin’s price action as of late has been rather lackluster, with bulls struggling to hold it above $18,000 as selling pressure mounts Where the crypto trends in the mid-term should depend largely on the continued reaction to the support at $18,000 If the crypto is unable to hold above this level, it could bear witness to some intense selling pressure that sparks a move down towards $17,000 There is some support at roughly $17,600 that […] дальше »

2020-12-11 02:00