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Why Bitcoin Ditching Stock Market Correlation For Gold Is Bullish for BTC
Bitcoin price this week exploded from its tightening consolidation range and within a day, broke through resistance at $10,000 and touched $11,400. The breakout followed gold setting a new record, rather than staying lock and step with stocks as the crypto asset has as of late. дальше »
2020-7-31 23:00
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In Earnings Call, PayPal Execs Cite “Death Of Cash” But Keeps Mute On Bitcoin Buzz
PayPal just announced record revenues of $5. 26 billion and enjoyed a 5% spike in stock prices when the news broke. Apparently, they are still thriving in the midst of a pandemic. According to Fortune. дальше »
2020-7-31 21:58
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The Likely Reason Why Bitcoin Price Finally Cracked Past $10k After Several Attempts
Bitcoin recently broke a-multiple-month old resistance point to enter the $11,000 price zone after breaking a six-months-old all-time high of $11,188. The reason for this sudden spike can be linked to a number of factors. дальше »
2020-7-31 21:23
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Here’s the Critical Level Bitcoin Needs to Hold Above to Maintain Its Momentum
Bitcoin has shown some slight signs of weakness today as its bull struggle to keep it above $11,000 It is important to note that today’s price action hasn’t done much to alter its market structure, although a continued bout of trading beneath this level could be a grave sign Analysts are now noting that the crypto remains in firm bull territory so long as it continues trading above $10,800 For its recent uptrend to extend […] дальше »
2020-7-31 21:00
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Bitcoin Enters “Prime Short Squeeze” Territory as Analysts Target $14,000
Bitcoin and the entire crypto market are currently seeing some quiet price action. This newly established consolidation phase comes close on the heels of the recent surge that send BTC to highs of $11,400. дальше »
2020-7-31 19:00
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How “Picture Perfect” Macro Uncertainty Will Keep Gold, Bitcoin Trending
This week, the United States Senate introduced another stimulus package that would add more than $1 trillion to the Fed’s already ballooning balance sheet. In response, gold reached a new all-time high, and Bitcoin soared to $11,000. дальше »
2020-7-30 18:03
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Here’s how Bitcoin’s rally past $11,000 has altered its fundamental strength
Bitcoin’s intense rally past $11,000 this week came about as a surprise to many investors, as the crypto was previously facing historically low volatility as traders shifted their focus to altcoins. дальше »
2020-7-30 18:00
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Bitcoiners Are HODLing Hard As BTC’s ‘HODL Wave’ Hits All-Time High
With Bitcoin reaching $11,000 for the first time in almost a year, a lot of predictions are pointing towards a more bullish growth. This, despite data revealing extreme pressure at that price level. дальше »
2020-7-30 16:02
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Bloomberg’s $20K Bitcoin Prediction May Come True Due to “TINA” Effect
Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its all-time high near $20,000. The forecast is now receiving further support from a worsening macroeconomic climate. дальше »
2020-7-30 14:00
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There’s “Only Air” From Here to $20,000 For the Bitcoin Price: Analyst
Bitcoin has begun to consolidate after its explosive breakout on Monday. Over the past 48 hours, the leading cryptocurrency has jumped between $10,800 and $11,300, attempting to establish a short-term range. дальше »
2020-7-30 13:00
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Conservative Analysis Says Bitcoin Still in “Consolidation” Despite 20% Rally
Bitcoin has seen extremely strong performance over recent days, rallying 20% over the past seven days. As of this article’s writing, BTC trades at $11,250, slightly below the local high of $11,500 and above the Tuesday low of $10,600. дальше »
2020-7-30 13:00
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Bitcoin Price Looks to Correct As Massive Pump Stalls At $11K – Investors Await Dip To Catch A Bargain
The bulls were earlier in the week crashing the bears. In a matter of days, Bitcoin climbed from $9,500 to $11,000. But since reaching this 11-month high, the bulls seem to have lost their rage. With initial targets set at $12,000, holders might be staging a dip to accumulate more at a discount before a […] дальше »
2020-7-30 11:44
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Bitcoin Showing Early Signs of Struggle: Can Bulls Save The Day?
Bitcoin is struggling to stay above the $11,200 resistance level against the US Dollar. BTC is currently correcting lower and it could continue to move down towards $10,700. Bitcoin is slowly moving lower after forming an intraday high near the $11,349 level. дальше »
2020-7-30 06:58
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Bitcoin Transaction Fees Surge as Demand for the Network Rockets Higher
Demand for the Bitcoin network is beginning to take off, with the crypto’s ongoing price rise being the likely suspect behind this sudden uptick. This has resulted in the cryptocurrency seeing a massive spike in its transaction fees, which have nearly reached the yearly highs that were set just after the mining rewards halving event […] дальше »
2020-7-30 05:00
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Gold Rally Peaks: 5 Reasons Bitcoin Will Likely Outperform The Precious Metal
Ahead of the United States’ second round of economic stimulus, gold and Bitcoin exploded as the dollar fell. According to financial analysts, after setting a new record the gold rally may be peaking, leaving room for the cryptocurrency market to catch up to precious metals. дальше »
2020-7-30 04:00
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There’s a $15 Million Bitcoin Sell Wall Stopping $11,500 From Breaking
Bitcoin is pushing higher after correcting as low as $10,600 on Tuesday. As of the time of this article’s writing, the asset trades for $11,200 — a price point nearly 20% higher than that seen seven days ago and one 3% higher in the past 24 hours. дальше »
2020-7-30 03:00
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Trader: Bitcoin Could Be Forming a Massive “Bull Trap” as Bearish Signs Emerge
Bitcoin is currently flashing overt signs of strength as it consolidates above $11,000 Bears attempted to catalyze a selloff yesterday, but the previous resistance at $10,500 now has flipped into a strong support level Analysts are widely noting that the cryptocurrency is positioned to see further upside However, one trader is cautioning against premature euphoria He notes that there are a few signals that indicate this movement could be a massive “bull trap” that ends […] дальше »
2020-7-30 02:00
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Nearly 93% of the Bitcoin Supply is Profitable; Why This Could be Bad for BTC
Bitcoin’s intense uptrend throughout the past week led its price to highs of $11,400 before it lost some momentum and declined slightly. This latest uptrend has made it so that BTC is less than 45% below its all-time highs. дальше »
2020-7-30 02:00
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Billionaire Investor Novogratz Says Bitcoin Will Hit $14,000 By October and Close the Year at $20,000
The general take on Bitcoin’s performance from industry players communicates a single point: prices will go up from here. While there’s still a lurking fear among some Bitcoiners who are skeptical about the permanence of the bull run, analysts and investors are predicting that the crossover above $10,000 will take Bitcoin to as high as […] дальше »
2020-7-30 01:28
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This Technical Pattern Suggests Bitcoin is Ready to Push Towards $14,000
Bitcoin has now entered a clear consolidation phase as its price hovers above $11,000 Bulls were able to maintain their strength overnight, pushing BTC towards $11,200 as bears lose their support BTC’s overt strength at the present moment suggests that it is well-positioned to see further near-term upside One analyst is also pointing to the emergence of a technical pattern as another reason why it may push higher He notes that this pattern could send […] дальше »
2020-7-30 21:00
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Bearish Bitcoin Signal That Preceded 220% Explosion in 2017 Just Flashed
Bitcoin price this week broke up from consolidation and surged over 15% to $11,400 at the high. On one specific timeframe, the recent push through resistance has triggered a signal that the uptrend may be exhausted and therefore coming to an end. дальше »
2020-7-30 20:00
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Bitcoin Attacks Range Highs as Analysts Target Move to $12,000+
Bitcoin has now entered a consolidation phase as it hovers above the $11,000 level. Buyers’ ability to establish this price level as support appears to be an overtly bullish sign for the benchmark digital asset. дальше »
2020-7-30 19:00
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Goldman Sachs Questions Dollar’s Reserve Status; Why Bitcoin Is The Answer
This week, the Dollar Currency Index (DXY) tanked, letting other currencies and assets like Bitcoin (BTCUSD) thrive against the typically dominant market force. The recent fall has prompted Goldman Sachs to question the dollar’s global reserve reign. дальше »
2020-7-30 18:00
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Can Bitcoin hold up against $10,000 for the third time in history? Analysts debate
The bull run that has kept Bitcoin trading above $10,000 has sparked discussions. In our last report, we noted that analysts are still very optimistic about Bitcoin hitting the $20,000 mark. Some analysts are confident that the bear market is over, and while this could mean a lot of things for different Bitcoiners, it generally […] дальше »
2020-7-29 15:58
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Analyst Who Predicted Bitcoin’s V-Bounce at $3,700 Thinks This Comes Next
Bitcoin has stagnated after surging as high as $11,500 on Monday. As of this article’s writing, the asset trades for $10,950 — just under 5% below the local high. Analysts remain optimistic about BTC, arguing that the asset is poised to rally further in the days ahead. дальше »
2020-7-29 15:00
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Why Bitcoin May Be In For a Fall Towards $6,000
Bitcoin risks plunging back towards $6,000 purely based on a historical technical setup. The analogy appears after switching a BTC/USD chart from normal to a more precise logarithmic scale. It shows that the cryptocurrency has not precisely broken above its long-term descending trendline resistance. дальше »
2020-7-29 14:00
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Analyst Who Predicted Bitcoin’s 2018 Bottom Thinks $12k Is Imminent
Bitcoin has faced a rather strong correction after its explosion to the $11,500 highs. At the recent lows, the asset traded as low as $10,600 — around 8% below the local highs. Despite the retracement and the fact that BTC remains below $11,000, analysts remain bullish on Bitcoin. дальше »
2020-7-29 13:00
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Bitcoin Whales Not Taking Profit Yet As Exchange Balances Remain Stable Despite Price Surge
Bitcoin has made a big price leap this week with its price rising to over $11,000 from just above $9,000. Despite this remarkable surge, the Bitcoin balance on exchanges has not changed. The balance remains at 14. дальше »
2020-7-29 12:36
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Bakkt Reports Highest Ever Figure for Bitcoin Monthly Futures
ICE backed company, Bakkt reported a new record in its Bakkt Bitcoin Futures traded in two days. “Talk about momentum! We beat yesterday’s record with 11,706 Bakkt Bitcoin Futures traded today – that’s over $125MM of bitcoin,” the company tweeted. дальше »
2020-7-29 11:22
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Data: Institutions are now more involved with Bitcoin than ever before
Bitcoin’s price has been caught within a strong uptrend throughout the past week. The post Data: Institutions are now more involved with Bitcoin than ever before appeared first on CryptoSlate. дальше »
2020-7-29 10:00
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Technicals Suggest Bitcoin Could Correct To $10,700 Before Fresh Increase
Bitcoin is struggling to gain momentum above the $11,200 level against the US Dollar. BTC is currently correcting lower and it could test $10,700 before a fresh increase. Bitcoin is showing signs of a downside correction below the $11,200 level. дальше »
2020-7-29 06:58
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Wall Street Veteran Says Bitcoin on Track to Hit $20,000 by Year End
Bitcoin is surging higher after consolidating under $10,000 for a number of weeks and months. As of this article’s writing, the leading cryptocurrency is trading at $11,000 — a price nearly 20% higher than it was seven days ago. дальше »
2020-7-29 06:00
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Deribit Options Market Sees Record High Volume as Bitcoin Upside Demand Grows
The structure of the entire cryptocurrency market has been shifting throughout 2020, with traders placing an increased emphasis on options contracts to capitalize on the volatility seen by Bitcoin and other digital assets. дальше »
2020-7-29 05:00
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“Don’t Get Left Behind”: Bitcoin Forms Signal Seen Before 2017’s 2,000% Rally
It’s been an explosive past few days for the Bitcoin market. Even after a slight correction from the $11,500 highs, the asset remains up nearly 20% in the past seven days alone. Some analysts are still pricing in a correction, arguing that bulls are overextended here. дальше »
2020-7-29 02:59
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The Last Time This Indicator Flashed, Bitcoin Surged to $14k. It Just Flashed Again
Bitcoin’s price has been steady within the lower-$11,000 region, which seems to indicate that it is coiling up to make another push higher in the near-term. Overnight, the benchmark cryptocurrency did face some turbulence when bears pushed it as low as $10,500, but the support here proved to be significant. Analysts are now claiming that […] дальше »
2020-7-29 02:00
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One Crucial Factor Suggests Bitcoin‘s Intense Uptrend is About to Slow Down
Bitcoin and the entire crypto market are currently consolidating following the immense volatility seen throughout the past couple of days BTC bulls are currently attempting to establish $11,000 as a support level, although they appear to be struggling as the crypto hovers beneath this level The benchmark cryptocurrency also is flashing a few warning signs, including incredibly high funding rates across major trading platforms This has led one analyst to note that BTC needs some […] дальше »
2020-7-29 02:00
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Whales hold steady: On-exchange Bitcoin supply stagnates despite rally past $11k
The investor sentiment surrounding Bitcoin has been completely altered by the price action seen throughout the past few days. The post Whales hold steady: On-exchange Bitcoin supply stagnates despite rally past $11k appeared first on CryptoSlate. дальше »
2020-7-29 23:51
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‘Rich Dad, Poor Dad’ Author Robert Kiyosaki Dumps Gold, Says He’s Now Loading Up On Bitcoin
The author of “Rich Dad Poor Dad” Robert Kiyosaki says he has stopped buying gold after respected gold bull Dennis Gartman Withdrew his investment from the shiny rock. According to Robert, Dennis says the price of gold has peaked and there is no more profit to be made from it. Instead, he is now investing […] дальше »
2020-7-29 23:41
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Here’s What Surging Crypto Market “Greed” Could Say About Today’s Drop
Yesterday, Bitcoin broke up through resistance at $10,500 and in short order, rocketed another $1000 to a high of $11,419 on Coinbase Pro. Just as fast as the cryptocurrency itself climbed, the crypto market fear and greed index spiked to “extreme greed. дальше »
2020-7-29 23:00
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Analyst Who Forecasted Latest Bitcoin Rally Now Predicts Move to $18,000
Bitcoin’s price has found some notable stability in the time following its intense rally past $11,000 seen yesterday Although the cryptocurrency has not yet retraced following this incredible movement, it does appear to be facing some resistance above its current price levels BTC is now establishing the $11,000 level as support, which is a highly bullish sign – according to analysts One prominent trader who forecasted this latest movement is now noting that the crypto […] дальше »
2020-7-29 21:00
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Was the Massive Bitcoin Rally Engineered by a Single Whale? Possibly
Yesterday, Bitcoin broke above $10,000 with a $1,500 daily price candle and a push to above $11,400 at the high. During the rally, however, there was evidence of a whale manipulating the crypto market for maximum profit. дальше »
2020-7-29 20:00
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Bitcoin Retakes $11k — Further Reinforcing Analysts Take That $20,000 Is In Sight
At the time of this writing, Bitcoin is trading at a price of $11,026, which was first attained in the last 24hrs. The entire cryptocurrency community, especially Bitcoin users on Twitter have been tweeting tirelessly about the long-awaited price rally. дальше »
2020-7-29 19:51
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This Key Metric Suggests Bitcoin‘s Rally is Just Getting Started
Bitcoin’s intense rally throughout the past couple of days has allowed it to fly past multiple crucial resistance levels. Bulls are now attempting to form the $11,000 price level into a strong base of support, but the selling pressure here appears to be ramping up. дальше »
2020-7-29 19:00
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There’s a Big Catch to This Week’s Bitcoin Pump – And It Involves the Dollar
Bitcoin price pumped this week to above $11,400 in an explosive 14% intraday move. However, the rally being so powerful may have more to do with the dollar’s weakness, and less due to strength in Bitcoin. дальше »
2020-7-29 18:00
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Bitcoin Smashed $11,000, But These Technicals Spell Trouble
Bitcoin is back in the cryptocurrency market’s spotlight after smashing through the infamous $10,000 resistance barrier. Data from Glassnode reveals that more than 763 million Tether (USDT) flooded multiple cryptocurrency exchanges while buy orders began to pile up. дальше »
2020-7-29 17:59
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$12k Bitcoin Can Unlock Prices “As High as Imagination” Will Allow: Analyst
Bitcoin has faced a rejection after surging as high as $11,500 on Monday. As of the time of this article’s writing, BTC is at $10,800. Analysts remain optimistic despite this drop from the local highs, arguing that the bearish market structure that persisted last week is now broken. дальше »
2020-7-28 15:00
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JP Morgan’s Latest Gold Warning Puts Bitcoin At Risk of Dipping Below $10K
Bitcoin retreated by more than 2. 5 percent in the early London trading session on profit-taking sentiment. The plunge almost mirrored a similar downside move in spot gold as the precious metal corrected lower shortly after coming at a striking distance of $2,000 an ounce. дальше »
2020-7-28 14:00
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These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k
Bitcoin has extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as $11,500 on leading margin exchanges. There remain signs that BTC could undergo a strong retracement after surging as high as $11,500. дальше »
2020-7-28 13:00
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USD, Global Stocks Appear Shaky While Bitcoin and Gold Soar; Decoupling at last?
Bitcoin has in the last few hours smashed $11K. The current bull rage was triggered soon as Bitcoin climbed above $10K during the weekend and is set to reach $12K as its initial target. Coincidentally, a look at other markets shows that it’s assets considered safe-haven options that are performing well. All while the USD […] дальше »
2020-7-28 12:42
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Nearly 1 Million BTC Held By Cybercriminals
People who are not so familiar with Bitcoin and the cryptocurrency world often associate the digital assets with crime. They see headlines about drug dealers, gun-runners, and money launderers using BTC or some other cryptocurrency and assume it was all to aid the criminal actions. дальше »
2020-7-28 12:24
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