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What Market Pundits Say Comes Next For Bitcoin Following BitMEX’s Indictment

Crypto analyst Willy Woo has recently voiced his inclination on the great confidence he still has in Bitcoin despite its dwindling market price. According to Woo, the market has been unjustly overawed because BitMEX wasn’t hacked but its founders were charged by the CFTC for violating the US Bank Secrecy Act. He also states “No […] дальше »

2020-10-7 01:16


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Here’s Why Bitcoin Hasn’t Nuked Lower Despite Barrage of Bearish News

Many analysts and investors have been quite surprised at how stable Bitcoin’s price has been despite a plethora of bear-favoring developments within the markets From a macro perspective, President Trump’s recent viral diagnosis has rocked the traditional markets, which has had a trickle-down effect on crypto Within the crypto market, the recent $150m KuCoin hack, as well as the government’s charges against the BitMEX founders, have both spooked investors Despite all these factors placing pressure […] дальше »

2020-10-4 00:00


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BitMEX OI is Trending Higher as Traders Flip Short on Bitcoin; Why This is Bullish

It has been a wild week for the crypto markets, with investors having to digest a plethora of news developments that largely favored Bitcoin bears. That being said, the market surprisingly didn’t react too negatively to any of these developments, which seems to be a sign of growing maturity. One of the main developments this […] дальше »

2020-10-4 23:00


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Ethereum is Stuck Below a Crucial Level as Weekly Close Fast Approaches

Ethereum’s price has been consolidating alongside Bitcoin’s throughout the past few days, with buyers and sellers reaching an impasse This has come about as the entire cryptocurrency market struggles to find any significant directionality Where the market trends next will likely depend on Bitcoin, which has been performing quite well despite a myriad of bearish news developments ETH’s consolidation phase has grown quite narrow as of late, and it remains stuck below a crucial level […] дальше »

2020-10-4 22:00


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Time To Switch Up Your Bitcoin Holdings? Bill Barhydt Mulls A 25% BTC Portfolio

Bitcoin has grown to be a top investment opportunity for anyone willing to bet on the future of the crypto market. People who went into Bitcoin early enough are already millionaires and billionaires, and the current market conditions still look pretty promising – at least according to the numerous crypto traders, analysts, and investors in […] дальше »

2020-10-7 20:51


Willy Woo on Regulatory Sweep: This Is One of Those ‘Herd Is Coming’ Events

Now that BitMEX has a target on its back, there is a cloud of uncertainty surrounding one of the leading cryptocurrency exchanges. According to widely cited on-chain market analyst Willy Woo, however, the latest regulatory and criminal crackdown could pave the way for the herd to finally arrive in the cryptocurrency space. дальше »

2020-10-4 20:00


Ethereum to See Further Losses as Crypto Market Becomes “Beyond Bearish”

Ethereum and the aggregated crypto market have been caught in the throes of a strong downtrend throughout the past 24-hours This has come about due to multiple macro developments, including news about President Trump’s health as well as the government’s decision to chart the BitMEX owners Despite the overt bearishness of these sellable news events, both Ethereum and Bitcoin are still sitting above their multi-week lows That being said, one analyst is expecting Ethereum to […] дальше »

2020-10-3 23:00


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Bitcoin Shows Remarkable Strength Despite Growing List of Bearish Events

Bitcoin’s price saw a decent recovery following the BitMEX imbroglio yesterday, but the cryptocurrency’s reverted most of these gains overnight due to news of President Trump contracting the lethal virus This news sent shockwaves throughout the traditional markets as well, and appears to be having a trickledown effect on BTC as well as altcoins Where the aggregated crypto market trends in the days, weeks, and months ahead will likely depend largely on the global markets […] дальше »

2020-10-3 21:00


$10K Bitcoin Shows Resiliency Facing BitMex Drama, KuCoin Hack, And Now This

Bitcoin price is currently back over $10,500, holding on after a brief crash to under $10,400 on the heels of several pieces of extremely negative news. The recent news normally would be enough to send the crypto market collapsing, highlighting just how resilient support at $10,000 has been so far. Bitcoin Price Holds Strong At […] дальше »

2020-10-3 20:00


Why One Bitcoin Analyst Believes the Market is “Scared for All the Wrong Reasons”

Bitcoin’s price action as of late has been driven by a combination of recent news developments, jitters within the macro-economic environment, as well as technical weakness. That being said, these factors have not been enough to push the benchmark cryptocurrency below any crucial support levels, as it is still trading within the macro trading range […] дальше »

2020-10-3 19:00


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Here’s Why Ethereum Might Plunge to $340 Before Ending Its Bear Trend

Ethereum’s price action has largely been in sync with that of Bitcoin and the entire crypto market Bulls and bears have both attempted to control its mid-term trend, but this has just resulted in a prolonged bout of sideways trading One analyst believes that the market might see some slightly further selling pressure in the near-term, which could slow its ascent and cause it to reel lower He is specifically setting his sights on a […] дальше »

2020-10-2 23:00


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Bitcoin Set for Bullish End to 2020 Based on Multiple Indicators

Several on-chain metrics are pointing to a bullish 2020 closeout for Bitcoin (BTC). The top-ranked crypto by market capitalization is up almost 50% year-to-date (YTD). However, while the bull case for BTC remains strong, price drawdowns below the $10,000 could occur in the short-term, providing an opportunity for more accumulation of cheaper bitcoin. дальше »

2020-10-1 16:13