Exactly 3 years have passed since Bitcoin set its previous all-time high just under $20K. Most market participants who caught the rally back then now have a pleasant but unsettling deja vu, because that’s when Bitcoin’s decline began, which subsequently led to the “crypto winter.” There are also some differences this time Read more…
On December 16, the price of bitcoin skyrocketed to hit its highest level ever as the broad crypto market rebounded in a sudden surge. The OG crypto effortlessly cruised past $20,000. Just hours later, bitcoin climbed above the $21K level. And its upsurge has continued. The crypto just set another Read more…
The price of bitcoin has surged to a new all-time high, rising above $20,000 for the first time. The sudden market jump appeared to cause some cryptocurrency exchanges to struggle, as traders sought to either cash out or make a quick profit. Reports of issues with Binance, the world’s most popular bitcoin exchange, coincided Read more…
Bitcoin has stabilized after last week’s sharp sell-off, but is there going to be more short-term pain before we see long-term gains, or is the selling already done? After last week’s sizeable drop, Bitcoin has struggled all week to get going. Every recovery attempt has been futile. Similar price action has Read more…
When it comes to cryptos, Bitcoin is considered the king, and respectfully so. However, there have been talks especially by anti-Bitcoin people who think Bitcoin could one day become worthless. One of these people is the gold bug Peter Schiff who claims Gold is much more poised to win as a store of Read more…
Standing against $190,000 per BTC linked to the predicted S&P 500 surge ‘Bitcoin likely to hit $60,000-$80,000’ A renowned trader and analyst Josh Rager has shared his recent video analysis of Bitcoin, Ethereum and other coins, where he explains why the next Bitcoin high peak would be $60,000-$80,000. Standing against $190,000 per Read more…
The bulls continue to defend key support $94,000 is Zeberg’s bullish target In a recent tweet, macro economist and trader Henrik Zeberg noted that Bitcoin wasn’t breaking down. He claims that the Relative Strength Index (RSI), a popular technical indicator that is used for measuring the strength of the market, ‘starts to look Read more…
Bitcoin has been locked in a sideways trend since the end of April, and in the last week, the dynamic became barely visible at all. During the week, the price has not changed but on the last trading day, the coin has added about a percent. The day before – Read more…
Bitcoin (BTC) may be struggling to hit $10,000, but its progress is right on track, new stock-to-flow data confirms. Adding a new update to his model on July 1, stock-to-flow model creator PlanB showed that Bitcoin is behaving exactly as its bullish history demands. Bitcoin adds second “red dot” The BTC S2F Read more…
Bitcoin stalls under $9,200 but SalsaTekila, a pseudonymous analyst believes BTC/USD is heading to $13,000. BTC/USD could settle for consolidation based on the short term technical picture. Bitcoin alongside other cryptocurrencies continues to encounter gruesome days. To many, the largest cryptocurrency has no fighting power left to rise above $10,000. However, there Read more…