Over recent hours, Bitcoin (BTC) has begun to slow, with bullish momentum falling off across the board. Yet, some say it may be a bit too early to call for a doomsday-esque scenario, which sees BTC fully retrace its sudden…
Category: Crypto Analysis
If History Rhymes, Bitcoin (BTC) May Retrace To High-$5,000s
What a week it’s been for Bitcoin (BTC). In the past 72 hours, the asset has rallied from the low-$6,000s to $7,500, then to $6,900 (current), driven by a newfound sense of hype, passion, and belief in the cryptocurrency cause.…
Bitcoin Price Crosses $7,500 to Establish Fresh 2019 High
The bitcoin price has jumped above $7,500 to discover its fresh yearly high. The world’s largest cryptocurrency established $7,568.32 as its new session peak, bringing its year-to-date net rebound up to 140 percent on San Francisco-based Coinbase exchange. The broader…
Bitcoin Volume on BitMEX Skyrockets to Staggering $10 Billion as BTC Hits 2019 High
As the bitcoin price surged past $7,550 to establish a new 2019 high, the daily volume of the dominant cryptocurrency on BitMEX hit $10 billion. New record for BitMEX trading volume. Praise be to volatility and our wonderful traders! pic.twitter.com/iLMGdpz65n…
Bitcoin (BTC) Price Springs Up: Bulls Now Target $8,000
There was a sharp upward move above $6,800 in bitcoin price against the US Dollar. The price is up more than 25% in the past few days and it tagged the $7,450 level recently. There is a major bullish trend…
Ethereum (ETH) Price Smashes Resistance: Bulls Target $220 or Higher
ETH price broke the main hurdle near the $178 and $180 resistance levels against the US Dollar. The price even broke the $200 resistance level before starting a downside correction. There is a major bullish trend line in place with…
Analysts Worried That Bitcoin Has Topped: BTC Flirts With $7,300
Whether this is the Consensus effect or not, Bitcoin (BTC) is now decidedly above $7,000. As of the time of writing this piece, BTC has finally tapped $7,400, a level that many see as short-term resistance. Let’s see what analysts…
Despite Crypto Comeback, Prominent Investor Doesn’t Expect Ethereum 2.0 Until 2021
Over the past weeks, crypto has returned to the limelight. Bitcoin, Ethereum (ETH), amongst other digital assets have absolutely surged. While no specific fundamental factors have been pinned to the recent rally, it is widely believed that certain bits of…
Analyst: Bitcoin is Now Firmly in Bull Market Territory, Which Means Traders Should Start Buying Dips
After being stuck in a persisting bear market for over a year, Bitcoin appears to have formed $3,200 as a long-term bottom that has allowed the cryptocurrency to surge higher, firmly establishing a fresh bull trend that has sent BTC…
Crypto Markets Surge as Bitcoin Nears $7,000: Is “Altseason” Upon Us?
Bitcoin’s recent series of upwards surges that have led it towards $7,000 have put the final nail in the coffin for the crypto’s bears and have drastically altered the overall market sentiment for the better. Now, analysts are closely watching…