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21/11/20 23:00 by Cole Petersen
Here’s Where a “Bitcoin Bear Whale” Has Put Up a Massive Sell Wall
Bitcoin’s price action as of late has greatly favored buyers, with the cryptocurrency being caught within the throes of an intense bout of sideways trading just below $19,000 as buyers try to ga... Read More
20/11/20 13:33 by Samuel Wan
Chainalysis: 2020 Is The Year of The Institutional Bitcoin Investor
Chainalysis recently released an article titled “Why Bitcoin is Surging and How This Rally Is Different from 2017 (Hint: It’s Who’s Buying).”
The blockchain analytics firm refe... Read More
12/11/20 17:39 by Cole Petersen
Bitcoin is Trading at a Massive Premium on the CME; What This Could Mean
Bitcoin’s price is now trading firmly above $16,000. This marks a notable technical breakout that could indicate significantly further upside is imminent in the near-term.
This level has long be... Read More
11/11/20 18:42 by Tony Spilotro
Bitcoin Rally Seemingly Unstoppable, Revisits Recent High Around $16K
Bitcoin price continues to be propelled higher from aggressive dip buyers looking to ride the new bull market beyond $20K. But first, the cryptocurrency has to get through just under $16K where it was... Read More
04/11/20 01:01 by Joseph Young
Bitcoin surpasses $14k: negative funding shows it can still run higher
The price of Bitcoin (BTC) surged past $14,000 for the second time in one week. Yet, the funding rate of BTC futures on Binance Futures is still heavily negative.
The daily price chart of Bitcoin. so... Read More
28/10/20 03:52 by Joseph Young
Bitcoin Futures Funding Rate is Going Negative Even as Price Skyrockets
The funding rate of the Bitcoin (BTC) futures market is turning negative as the price of BTC surges. The trend indicates that short contracts are getting squeezed as the dominant cryptocurrency rises.... Read More
22/10/20 19:00 by Tony Spilotro
“Massive” Wave Of OTC Buying Could Be Behind Bitcoin Bull Impulse
Yesterday, Bitcoin experienced a major breakout through $12,000 and in a flash was trading above $13,000. Buying on exchanges is picking up, which is, in turn, driving up prices.
However, a “mas... Read More
21/10/20 13:00 by Yashu Gola
Former BitFinex Whale Expects Bitcoin Dump as Price Hits $12K
Bitcoin bulls should expect pain ahead even as the cryptocurrency has added more than $1,000 to its value in the last five days.
Bitcoin breaks $12,000 in the latest rally. Source: BTCUSD on TradingVi... Read More
13/10/20 14:22 by Erie Maxwell
Bitcoin bull Willy Woo says many more hefty BTC purchases are on the way and here’s why
After the Jack Dorsey led financial services company, Square announced its purchase of 50 million dollars worth of Bitcoin, the cryptocurrency markets saw a surge of around 5 percent.
Bitcoin anal... Read More
01/10/20 04:00 by Cole Petersen
Bitcoin “Hodlers” Control 63% of the Total BTC Supply, New Data Shows
Bitcoin’s price action has done little to reassure investors of its near-term outlook, as the cryptocurrency has largely been caught within the throes of an intense bout of sideways trading over the... Read More
20/09/20 00:00 by Cole Petersen
Bitcoin is About to Tap a “Do or Die” Level; Will Bulls Break It?
Bitcoin’s price action has been somewhat stagnant as of late, with the selling pressure found throughout the lower-$11,000 region proving to be too much for bulls to break.
Today, however, buyers ha... Read More
15/09/20 18:00 by Cole Petersen
Bitcoin Could Soon See Explosive Momentum if It Shatters One Key Level
Bitcoin’s bulls are flexing their strength today, pushing the benchmark digital asset towards $11,000 as they attempt to reverse the recent downtrend that it has been caught within.
There’s no dou... Read More
14/09/20 23:57 by Bernice Nyambura
Bitcoin Can Now Be Used to Purchase a Private Jet Worth $40 Million
Bitcoin is now a payment option to potential buyers of the Gulfstream G650ER private jet, following approval by the aircraft’s selling company, Aviatrade.
Aviatrade has launched a new crypto tra... Read More
05/09/20 04:00 by Cole Petersen
Data: Long-Term Bitcoin Investors Hold Steady Despite $2,000+ Plunge
After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation.
This caused the cry... Read More
21/08/20 01:00 by Cole Petersen
Chainlink‘s On-Chain Strength May Help Guide It Back Towards $20.00
Chainlink has been flashing signs of immense strength in recent times, with the cryptocurrency’s recent “rug pull” decline being heavily absorbed by LINK bulls.
This has allowed the crypto to fi... Read More
18/08/20 15:02 by Bernice Nyambura
Traders Reveal Where Bitcoin Price Is Likely Headed After Passing $12k
Bitcoin finally breached its two-week-long struggle to regain the $12k sentimental level a few hours ago. Data from TradingView shows Bitcoin went as high as $12,457, gaining as much as 4.45% before... Read More
14/08/20 01:00 by Cole Petersen
Bitcoin May Crater to Key Liquidity Region Before Breaking $12,000
Bitcoin has been stuck below $12,000 for the past couple of weeks, with the intense selling pressure here slowing the momentum that it built since late-July.
Each attempt to break above this price reg... Read More
28/07/20 01:00 by Cole Petersen
Why Bitcoin is “Building Up Steam” for a Push Higher Despite Slowing Momentum
Bitcoin’s intense uptrend seen throughout the past couple of days has allowed it to navigate towards its crucial high time frame resistance region that sits at $10,500.
The crypto came incredibly cl... Read More
27/07/20 00:00 by Cole Petersen
Here’s What Analysts are Saying About Bitcoin as Critical Weekly Close Nears
The crypto market’s ongoing uptrend first started a few weeks ago when altcoins began posting major gains. Their strength came about against a backdrop of stability seen by both Bitcoin and Ethereum... Read More
25/07/20 20:00 by Cole Petersen
Here’s the Level Bitcoin Needs to Break to See a “Textbook Swing” to $10,500
Bitcoin’s price action in the time following its break above its multi-week trading range between $9,100 and $9,300 has been quite positive.
The cryptocurrency is now starting to stabilize around $9... Read More
24/07/20 01:00 by Cole Petersen
These 3 Factors Suggest Bitcoin’s Uptrend is Just Getting Started
Bitcoin saw a notable upswing yesterday that allowed it to put some serious distance between its current price and its recent low.
The benchmark cryptocurrency is starting to show signs of breaking it... Read More
21/07/20 18:00 by Cole Petersen
Bitcoin is Breaking Out of a Multi-Month Technical Pattern; Factors to Consider
After falling into one of the narrowest prolonged trading ranges it has ever seen, Bitcoin has finally incurred some volatility.
Throughout the past week, the cryptocurrency has been trading between $... Read More
20/07/20 05:00 by Nick Chong
Peter Schiff Doubles Down on Sentiment That Bitcoin Is a “Pyramid Scheme”
Despite a decade-long track record and growing adoption as a medium of exchange and store of value, Bitcoin is still seen as a pyramid scheme by some.
One such individual that still sees the leading c... Read More
20/07/20 03:00 by Cole Petersen
It’s “Open Air” for Bitcoin Down to $7,000 as Technical Weakness Mounts
Bitcoin has been flashing some signs of technical weakness as it hovers above the lower boundary of its long-held trading range between $9,000 and $10,000.
Its inability to stabilize above the support... Read More
16/07/20 01:00 by Cole Petersen
This Chart Shows Ethereum Is Gearing Up for a Major Breakout Rally
Ethereum has been trading in close tandem with Bitcoin throughout the past several days and weeks, and this correlation isn’t showing any signs of breaking.
It now appears that buyers may be lay... Read More
13/07/20 03:00 by Cole Petersen
Institutional Traders Remain Bearish on Bitcoin; Factors to Consider
Bitcoin’s lackluster trading over the past ten weeks is showing no signs of concluding anytime soon.
Although the cryptocurrency has been able to see some volatility within its long-held trading ran... Read More
09/07/20 23:00 by Cole Petersen
Bitcoin Hits “Do or Die” Support Following Rejection at $9,500
After expressing some signs of strength throughout the early part of the week, Bitcoin has now faced a grim rejection that sent its price reeling down to a crucial support level.
Following an extended... Read More
06/07/20 19:30 by Cole Petersen
Ethereum‘s “Monthly Pivot” Could Signal That a Major Rally is Brewing
Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday.
The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers a... Read More
01/07/20 18:00 by Cole Petersen
Bitcoin Flirts with Posting a Bull Cross as Crucial Resistance Nears
Bitcoin’s recent price action has done little to offer investors with insight into the cryptocurrency’s current trend, as it has been stuck between $9,000 and $10,000 for an extended period.
There... Read More
29/06/20 12:00 by Nick Chong
There’s Over $10M Preventing Bitcoin From Breaking Past $9,500
Bitcoin has made an attempt at recovering the losses it incurred late last week. On Sunday, the cryptocurrency rallied as high as $9,200 as buyers stepped in and shorts were squeezed.
Yet order book d... Read More