Bitcoin price started a fresh decline after it failed to clear $38,000 against the US Dollar. Bitcoin failed to continue higher above the $38,000 resistance and started a fresh decline. The price even broke the $34,000 support level and settled well below the 100 hourly simple moving average. There was also a break above the […]
Bitcoin settled well above the $35,000 and extended its upward move. There was a break below the 23.6% Fib retracement level of the upward wave from the $31,052 swing low to $38,423 high. Besides, there was a break below a key bullish trend line with support near $36,500 on the hourly chart of the BTC/USD […]
The first one was published on July 23, 2013, and was titled “Investor Alert: Ponzi Schemes Using Virtual Currencies”. At the time of writing, BTC trades at $36,872 with sideways movement in the 1-hour and 24-hour charts. Thus, the general sentiment in the market seems to be following the price action; there is no clear […]
After one of Bitcoin’s worst drops in its history, many people wonder if the crypto market has reached a top. For months, the crypto space around Bitcoin has been dominated by bullish narratives of institutional adoption, BTC as a store of value stealing gold’s shine. Despite its apparent sudden execution, BTC’s price crash was predicted […]
In May, an alleged “insider” claimed that a group of Bitcoin Whales were trying to get a series of positions liquidated from a big player. The latest bond issuance will only be senior secured on the BTC that he plans to accumulate on the proceeds from this issuance. The software company must pay around $5 […]
Bitcoin price is consolidating above $35,000, trying to build enough support to make an attempt at returning to local highs. But before that happens, there could be one more deep sweep of lows, according to a highly accurate market timing indicator. The timing is based on a sequence of candles resulting in a buy or […]
The idea the bull market will be back on so soon could lead to losses and a painful realization that this cycle is very different this time around. Bullish impulses are always the strongest, which send the Average Directional Index itself rising to the highest readings historically. In this case, bears have just taken over […]
The price climbed above the 23.6% Fib retracement level of the recent decline from the $36,820 swing high to $31,065 low. However, the price is facing a strong resistance near the $34,000 level. There is also a key rising channel forming with support near $32,300 on the hourly chart of the BTC/USD pair. If bitcoin […]
Bitcoin price is trading in a positive zone above the $40,000 level against the US Dollar. Bitcoin started a fresh increase after it broke the key $38,500 resistance zone. There were two attempts to gain strength above $41,000, but the bulls failed. A low is formed near $39,476 and the price is now consolidating in […]
Bitcoin price is making its best attempt yet to climb back above $40,000 since the big crash in May. That’s because the top cryptocurrency is struggling to hold above the middle-Bollinger Band, and if it can’t hold, it could result in another retest of the bottom of the band. At above $10,000, it wasn’t uncommon […]
Bitcoin has been moving in the mid and high range of $30,000. Anonymous analyst Rekt Capital believes that there could be further downside in the coming weeks, as BTC’s price action hints at the formation of a “Death Cross”. With a “Death Cross”, as the analyst said, usually there is a wide period of downside […]
Following Bitcoin, Ethereum went for a long run that’s still ongoing today, and other altcoins like Dogecoin have been the talk of finance. The once top ten titan of a cryptocurrency has since fallen out of the list completely, and has some catching up to do. Litecoin has now spent a hellish 666 days in […]
Turkey’s fiat currency, the Lira , is in serious trouble – especially against Bitcoin – with consumer price inflation reaching an alarming 16% in March of this year. While the CBRT’s governor has denied any blanket ban of crypto, according to a report published on Bloomberg and attributed to a senior government official, the CBRT […]
But with Wall Street increasingly co-opting Bitcoin for its own ends, Hunt sees a coming Bitcoin identity crisis ahead. Or in the case of organizations, entities with more than $5 million in liquid assets, or all beneficial owners meeting the criteria for individuals above. Some big Wall Street players are also moving directly into Bitcoin […]
Bitcoin price extended its decline and tested the $53,000 zone against the US Dollar. Bitcoin failed to recover above the $57,000 barrier and it extended its decline. There was a break above the 23.6% Fib retracement level of the recent drop from the $59,040 swing high to $52,943 low. It is now trading well below […]
Bitcoin price is back above $55,000 in a lighting fast recovery from below the key level of $50,000. If you’re questioning the validity of the cloud, also called the Kumo, then check out the zoomed in shot in the chart below. The Tenkan-sen and Kijun-sen – also called the conversion line and base line – […]
Bitcoin price failed to continue higher towards $60,000 against the US Dollar. BTC tested the $59,000 zone, but it failed to continue higher. There was a break below a major bullish trend line with support near $57,300 on the hourly chart of the BTC/USD pair. There was a break above the 23.6% Fib retracement level […]
The price even spiked below the 100 hourly simple moving average, but it remained stable above the $56,000 level. The bulls cleared the 50% Fib retracement level of the recent decline from the $59,501 high to $56,306 low. There was also a break above a key bearish trend line with resistance near $57,900 on the […]
Bitcoin re-tested resistance on its way up to $60,000 and was pushed back to support. Anonymous trader IncomeSharks has set support at $53,000 with $59,000 as an initial price target which BTC managed to reach. Analyst Willy Woo shares the same thesis and predicts a migration of capital from altcoins into BTC soon. Many investors […]
Anonymous analyst “Wezek Bruh” posted the main reasons why BadgerDAO and its native token pegged to Bitcoin, DIGG, could be a great opportunity for investors. Although its price is determined by market dynamics, the numbers of DIGGs an investor has, within a wallet or smart contract, can increase or decrease depending. DIGG holders can stake […]