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This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower

As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […] дальше »

2020-7-4 02:00


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Fund Manager Disproves Popular Stock-to-Flow Model Projecting Bitcoin At $100K By 2021

Last year’s March, a crypto analyst PlanB, who is now known primarily due to his Stock-to-Flow model, proposed a completely new perspective on predicting the price of Bitcoin. This popularized model is based on the idea that the value of scarce assets (such as gold, silver, and of course, Bitcoin) correlates strongly with their scarcity, […] дальше »

2020-7-2 09:50


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Record Breaking Unmoved Bitcoin Data Sparks Expectation of Imminent Bull Run

The amount of bitcoin that has not moved in over a year is at an all-time high. The last peak was in 2016, before the bitcoin bull run that saw the price spike to $20K. Several forecasting models have predicted that the price of bitcoin will reach $20K this year and the next bull run […] The post Record Breaking Unmoved Bitcoin Data Sparks Expectation of Imminent Bull Run appeared first on Bitcoin News. дальше »

2020-7-1 21:10


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Ethereum Active Addresses Surge to a Two-Year High But They Also Coincide with Market Tops

Currently in the green by 1.07%, Ethereum is trading at $224, up 80% YTD. ETH traders meanwhile are expecting more gains with ETHUSD longs on Bitfinex still near all-time highs. This growth has the USD balance of ETH on the crypto exchange nearly doubling this year which is in exact opposite trend with the Bitfinex’s […] дальше »

2020-7-1 20:03


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Majority of Bitcoin Hasn’t Moved in a Year, While BTC Issued on Ethereum Reaches New Highs

Data from on-chain analytics firm Glassnode shows over 61 percent of Bitcoins on the open market have not moved in over a year. In contrast, the usage of Bitcoin-pegged ERC20 tokens has increased.   Bitcoin a HODL or Inherent Risks? On-chain analytics firm Glassnode shows a majority of all Bitcoin has not moved in over aRead MoreRead More. дальше »

2020-6-30 17:07


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Trumping Gold: Bitcoin Continues to Thrive in 2020 Despite Increased Volatility

This year has been unexpectedly transformed by the Covid-19 pandemic, which turned the conventional stream of economy upside down. While the economic projections before the pandemic were mostly positive, the whole focus now sprawls on how to recuperate from the loop formed by the crisis that has gripped the entire world. Bitcoin, the OG among […] дальше »

2020-6-29 22:47