Crypto Market Prints Bullish Divergence – Case for Bounce Growing Since plunging all the way to $7,700 last week, Bitcoin has found itself in a lull. The price of the crypto asset, as seen below, has been extremely mild over the past few days. The one-day Bitcoin volatility index on BitMEX, in fact, is starting […]
Chart Analysis – Bitcoin, Ethereum and Credits for October The Current Market Situation As of October 4th, crypto markets are still struggling to recover. Since its last sharp drop, BTC fails to retrace to $8500 level while many other currencies see significant losses. As of publishing time, BTC dominance remains around 67%. BTC/USDT Daily Chart […]
Bitcoin price prediction – BTC/USD barely holding at the edge of a cliff – Confluence Detector Bitcoin futures contracts are likely to be banned from Britain’s retail market. Bitcoin stares into the abyss after testing the $8,000 weak support area. Bitcoin continues to lead the market in consolidation. However, a keen observation of the Bitcoin […]
Experts See Bitcoin Rallying to $20,000 Before End of the Year – Here are the Reasons Bitcoin is down by over 40% from the 2019 high of $13,880. Any other asset plunging by 20% or more would have been in a bear market. But not the king of cryptocurrencies. Bitcoin has retraced by more than […]
Precipitous 20% Bitcoin Price Plunge to $8,000 Caused by Traders Data Bitcoin hasn’t had the past ten days. Since the Sunday before last, the price of the cryptocurrency has shed some 15%, leaving many traders stumped as to what in the world took place to send digital assets plummeting. Cynics of the Bitcoin market […]
Couple Pays For Breakfast Using Bitcoin, Community Finds This Fascinating A Reddit user by the username u/portageco recently made a post in bitcoin’s official subreddit. In his post, u/portageco boasts about how he paid for breakfast, for him and his spouse using bitcoin. Bitcoin Still Used In Micropayments Unlike many believe that bitcoin is only […]
Bitcoin Pullback Nothing to Worry About, Bull Market Will Follow Every time Bitcoin dumps a double digit percentage panic floods the crypto community and the doom merchants start rejoicing. This has happened so many times before and every dump has eventually turned into a sustained rally. Nothing is new this time as previous corrections have […]
Mark Yusko – Everyone Should Be Purchasing Bitcoin When it comes to bitcoin, most analysts seem split right down the middle, with some like Warren Buffett telling us to avoid it all costs, and hedge fund manager Mark Yusko telling us to buy it at all costs. Yusko: BTC Is an Important Asset In […]
Bitcoin [BTC] Makes Recovery Above $8000 – Here’s Why Some Analysts are Bullish After a week of bearish moves, Bitcoin [BTC] price made a slight recovery on Friday. The rise attempted to break above the 200-Day Moving average, which acted as a resistance. It recorded a high at $8294. The price of BTC at 3: […]
Bitcoin's sharp decline – The cryptocurrency falls below $8,000 Bitcoin lost about 20 percent of its value since Friday. On Thursday, the Bloomberg Galaxy Crypto Index showed a decline of as much as eight percent for the cryptocurrency [File: Mary Turner/Bloomberg] Bitcoin extended its five-day losing streak on Thursday and dropped below $8,000 for the […]