The Bitcoin halving event took place on May 11, three days ago. As expected, that day was volatile to both sides, but the bottom line was that Bitcoin maintained the crucial support zone around the $8K mark. The latter includes the significant 200-days moving average line (marked light green on Read more…
Bitcoin (BTC) price lit up today, rallying 5.78% to a daily high of $9,398 before pulling back to consolidate in the $9,300 range. The strong upside move pushed the top ranked digital asset on CoinMarketCap through the $8,800-$8,930 resistance zone. Since the halving day correction dropped the price to $8,122, Bitcoin price Read more…
This is not the first time an event called halving has happened on the Bitcoin (BTC) network. The first halving took place in 2012; the second halving took place in 2016. Now, the third halving is expected, and like the previous ones, it will halve the reward for the calculated Bitcoin block. Originally, Read more…
Women to drive Bitcoin adoption forward Women’s take on Bitcoin In December 2019, in one of his interviews, the billionaire, global investor and Bitcoin advocate Tim Draper doubled down on his forecast regarding the Bitcoin price in the near future. He again stated that BTC would be worth not less than $250,000. Read more…
The Bitcoin price is trading either in a symmetrical or a descending triangle. There is strong resistance at $9,150. The price is trading inside a very short-term ascending channel. The Bitcoin price is currently trading at the resistance line of either a symmetrical or descending triangle. The next few hours Read more…
Bitcoin bulls are taking advantage of the rising interest of the block reward halving next week to stage a recovery above $9,000. The dive from highs at $9,466 on Thursday last week found support at $8,400. Recovery from the support hit a snag at $9,200 on Sunday. The retracement Monday Read more…
Bitcoin starts the week following a bullish weekend. Just as anticipated, Bitcoin broke above the $7600 to a new price high since the devastating collapse on March 12. As of writing these lines, Bitcoin marks $7800 (Bitstamp) as the new high. Following our previous BTC analysis from Saturday, we can see that Read more…