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16/09/20 12:00 by Nick Chong
Here’s the Pivotal Level Where Bitcoin’s Ongoing 10% Surge May End
Bitcoin is surging despite weakness in the altcoin market. Since bottoming at $9,800 last week, the coin has gained $1,000 and over 10% as its price has reached $10,850 as of this article’s writ... Read More
16/09/20 00:57 by Olivia Brooke
Mining difficulty to intensify immensely as Bitcoin’s hashrate hits new all-time high
There has been a widespread usage on the Bitcoin network over the past weeks. This is as a result of the investment influx and trading interest, all of which have played a role in Bitcoin’s cur... Read More
14/09/20 05:00 by Nick Chong
Bitcoin’s Hash Rate Surges Higher Despite $2,000 Price Correction
Bitcoin has faced a strong correction over the past few weeks as legacy markets have collapsed from local highs. The leading cryptocurrency currently trades at $10,250, over $2,000 below the year-to-d... Read More
11/09/20 22:00 by Tony Spilotro
Financial Advisory Group: Bitcoin Would Be 40% More Valuable Without Manipulation
There are two sides to every coin and to every argument, and the same goes for Bitcoin. Some argue that without manipulation, the crypto bubble may never have taken place, and the asset would still be... Read More
08/09/20 12:00 by Nick Chong
This Simple Fractal Indicates Bitcoin Has Bottomed After $2,000 Drop
Bitcoin has collapsed by over $2,000 since the highs of last week. Even after a slight bounce at the $9,800 lows, BTC remains 20% below those highs.
Bitcoin’s inability to capture key resistance... Read More
07/09/20 21:05 by Nick Chong
This Simple Price Level Is Crucial to the Bitcoin Bull Case After 20% Drop
Bitcoin has faced a strong 20% correction over the past five or six days. This drop has brought the leading cryptocurrency from the local highs near $12,100 to a low of $9,800, marking the most notabl... Read More
01/09/20 18:14 by Nick Chong
Bitcoin Just Ripped Past $12,000: Here’s Why Analysts Are Bullish
Bitcoin just moved past $12,000 for the first time since the strong rejection around 10 days ago. The leading cryptocurrency now trades for $12,020, though it has not yet flipped the pivotal $12,000 l... Read More
27/08/20 02:00 by Tony Spilotro
This Unique Perspective Makes It Clear Bitcoin Cycles Are Lengthening
Bitcoin breaking through resistance at $10,000 was a pivotal moment for the cryptocurrency. At the same time, it also breached a long-term downtrend line and top of a symmetrical triangle formation da... Read More
25/08/20 14:46 by Tony Spilotro
Bitcoin Drops Below $11,500: Is The Short-Term Crypto Market Uptrend Over?
Bitcoin price just broke below $11,500 briefly, dragging the rest of the crypto market down with it.
Since last evening’s daily candle close, the crypto market has lost over $8 billion in value.... Read More
25/08/20 11:55 by John Kiguru
Top Analyst Predicts Bitcoin Price Action Beyond $12K If This Support Level Holds
Despite Bitcoin’s lack of momentum, analyst Josh Rager still sees further upside for Bitcoin in the days to come. This he explains depends on whether it can close the week above a critical leve... Read More
24/08/20 22:00 by Tony Spilotro
Analyst: The “Real” Altcoin Party Begins In Early 2021
Thus far, 2020 has been the year of the altcoin, not Bitcoin. Which altcoin is the year’s biggest star may be arguable, but its quite clear that the alternative digital currencies have beat out ... Read More
19/08/20 22:00 by Tony Spilotro
Will An Ascending Trendline Bring a Return of Altcoin Apocalypse?
Altcoins across the crypto market have been outperforming Bitcoin by a large margin. The trend kicked off while the first-ever cryptocurrency traded sideways – something analysts say is the best env... Read More
19/08/20 05:00 by Nick Chong
Here’s Why Bitcoin’s Hash Rate Has Dropped Around 10% In the Past Day
Although Bitcoin is a decentralized technology, the mining of the cryptocurrency is somewhat centralized in China. Per some reports, around two-thirds of all mining machines are based in the country, ... Read More
13/08/20 12:00 by Nick Chong
Mike Novogratz: Bitcoin and Gold Likely to Head Even Higher This Year
Mike Novogratz, the founder of Galaxy Digital, thinks Bitcoin and gold are likely to head higher towards the end of the year. He reiterated this position in a tweet published on August 12th.
This come... Read More
11/08/20 03:00 by Tony Spilotro
Economist: Early Days of Bitcoin Uptrend Are Here, Breakout Has A Long Way To Go
Bitcoin price is on fire again, after spending three full months trading sideways. After busting through resistance at $10,000 and out of its downtrend, the asset quickly rocketed to over $12,000.
Sti... Read More
04/08/20 13:03 by Yashu Gola
Bitcoin Support at $10.5K Could Push Price Towards 2019 High: Analyst
Bitcoin price hit a year-to-date high at $12,134, notching a new milestone in a bull run that started in March 2020.
The benchmark cryptocurrency, nevertheless, underwent a “flash crash” ... Read More
22/07/20 13:00 by Yashu Gola
Bitcoin Rally Will Continue, Analyst Asserts With Three Bullish Indicators
Bitcoin expects to hold its long-term bullish bias as long as it trading above $8,800, according to market analyst Mohit Sorout.
Bitazu Capital’s founding partner based his analogy on three bul... Read More
17/07/20 13:00 by Yashu Gola
2 Major Reasons Why Bitcoin Risks Falling Towards $8,500
A prolonged period of low volatility is setting Bitcoin towards a big price move.
The short-term bias for the cryptocurrency remains neutral as it trades inside a $300 trading range.
Nevertheless, th... Read More
17/07/20 02:00 by Nick Chong
It’s “Make or Break” For Bitcoin as Bearish S&P 500 Drop Hammers BTC
After holding $9,200 for days on end, Bitcoin has recently begun to break down. The cryptocurrency trades at $9,100 as of this article’s writing, having lost that short-term support.
Bitcoin... Read More
15/07/20 12:00 by Nick Chong
This 2016 Bear Market Fractal Shows Bitcoin Could Shoot Towards $20k in 2020
Bitcoin’s consolidation over recent weeks has convinced some traders that there is a move to the downside in the works. As reported by NewsBTC recently, one analyst commented that the recent pri... Read More
15/07/20 05:00 by Nick Chong
Peter Schiff Thinks Bitcoin’s 2018 Lows of $3,200 “Will Not Hold”
In 2018, Bitcoin plunged as low as $3,200. Save for a handful of analysts, few investors expected the cryptocurrency to fall that low and that from its $20,000 all-time high.
Despite the drop, bulls m... Read More
14/07/20 09:47 by Adrian Klent
Analyst: There’s a 90% chance that Bitcoin price will soar past $10,000 come August
For the past three weeks, nearly every indicator on the technical chart is signaling a price breakout for Bitcoin. All of these signals are showing that Bitcoin is in the best position to break out a... Read More
13/07/20 14:26 by John Kiguru
Bitcoin Dominance Close To A Brutal Slump As New Altcoin Cycle Kicks Off
Bitcoin has for months maintained a market dominance of over 60%. Because of this, altcoins have been unable to hit their stride in the form of a full-blown rally. While several coins have on occasio... Read More
13/07/20 14:00 by Nick Chong
5 Bitcoin Metrics Are Making Highs Says Fund Manager: Could Price Follow?
Bitcoin has found itself in no man’s land. Take the chart below, which shows that over the past few months, the cryptocurrency has centered around the low-$9,000s,
Chart of BTC's price action o... Read More
13/07/20 13:00 by Yashu Gola
This Historically Accurate Signal Suggests a Bitcoin Rally to $13K in Q3
Bitcoin is trading almost 12 percent below from its local top near $10,400, but a historically accurate technical indicator hints a trend reversal.
The pattern formed on Monday as the short-term movi... Read More
13/07/20 02:00 by Nick Chong
A Critical 30% Bitcoin Breakout Is Weeks Away: Volatility Analysis
As repeated time and time again by analysts, Bitcoin is currently in no man’s land. The cryptocurrency remains above the $8,500 support while below the resistance region at $10,000-10,500.
Price... Read More
10/07/20 21:13 by Adrian Klent
Popular Bitcoiner Counters BTC Maximalists, Lauds Ethereum As The Bedrock Of Most Crypto Innovations
In what seemed like a move to restate Bitcoin’s superiority over other cryptocurrencies, Bitcoin maximalist and business director of Kraken exchange, Dan Held shared some non-Bitcoin related ou... Read More
10/07/20 18:24 by Adrian Klent
Peter Schiff Condemns Bitcoin For Lingering Below $10k Despite Its “Amazing Fundamentals”
Peter Schiff, the well known gold advocate has once again restated his doubts about Bitcoin’s price performance. Schiff who is famous for constantly discrediting and slandering Bitcoin despite ... Read More
10/07/20 12:00 by Nick Chong
Once-a-Cycle Bitcoin Bull Signal Just Appeared for the 1st Time Since 2016
Over the past few weeks, many analysts have questioned if Bitcoin is really on the verge of a bull market.
After a strong rally in March, April, and May, the cryptocurrency sustained a heavy rejection... Read More
10/07/20 09:16 by Adrian Klent
Bitcoin Poised To Embark On A New Bull-Market Cycle Amid Lackluster Market Environment
The first quarter of 2020 for Bitcoin was as promising as it was unencouraging. Although the former was largely the mantra as regards forecasts, and while most predictions have been withdrawn or amen... Read More