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01/08/20 21:00 by Tony Spilotro
Dramatic $17,000 Bitcoin Peak Possible Within Weeks Based on Halving Fracal
If a fractal plays out on Bitcoin price charts matching the previous halving post-consolidation breakout, the cryptocurrency could keep on climbing from here.
The target, if the rally takes a similar ... Read More
24/06/20 22:00 by Tony Spilotro
Bitcoin Miners Sell Down Latest Rally, What Happened To Post-Halving Hold?
Less than 48 hours ago, Bitcoin price was trading at over $9,700. Today, it hit under $9,200 at the low on Coinbase.
Data shows that the selloff was preceded by a massive outflow from miners to crypto... Read More
22/06/20 22:00 by Tony Spilotro
Data Shows Recent Bitcoin Difficulty Adjustment May Kickstart New Accumulation Phase
Bitcoin is currently trading just below its most important resistance yet, gearing up for what most crypto analysts expect to be a major move.
However, data suggests that sell pressure from miners adj... Read More
05/06/20 19:30 by Tony Spilotro
Bitcoin Miners Are Dumping BTC At a Faster Rate Post Halving, But Why?
Bitcoin’s halving is nearly a full month behind us, yet no new uptrend or post-halving selloff has happened. Oddly, Bitcoin price has traded relatively sideways since.
One metric that has change... Read More
03/06/20 19:30 by Tony Spilotro
Analyst: Bitcoin May See an Extended Bear Market Until September 2020
Bitcoin’s halving came and went, but no major uptrend has begun as crypto investors had been hoping. And although the leading crypto asset by market cap has rallied steadily from lows, another t... Read More
01/06/20 22:00 by Tony Spilotro
Bitcoin Is Overpriced According Energy Value For First Time Since September 2019
Bitcoin price just reached overvalued status for the first time since September 2019, according to the asset’s Energy Value indicator. While this may sound like a negative thing, after this indi... Read More
25/05/20 18:00 by Tony Spilotro
Bitcoin Hash Ribbons Indicate Post-Halving Miner Capitulation Has Begun
Hash ribbons, an indicator used to depict the health of Bitcoin miners powering the network, has just signaled capitulation for an unprecedented 4th time in this market cycle. And according to the too... Read More
12/05/20 03:00 by Cole Petersen
Bitcoin Halving is Met with Mixed Sentiment Amongst Traders
Bitcoin’s highly anticipated mining rewards halving took place earlier today. The benchmark cryptocurrency didn’t see any notable volatility in tandem with the event, and its hash rate has only de... Read More
11/05/20 16:02 by Yashu Gola
Bitcoin Post-Halving Crash Theory Has One Serious Flaw
The Bitcoin price rallied enormously in the weeks leading to its third mining reward halving on May 12, 2020.
Many analysts believe the cryptocurrency would undergo a deep price pullback after the eve... Read More
11/03/20 21:13 by Edwin Kinoti
FOMO and Why Bitcoin Price Is Still On Bullish Track Despite Recent Poor Market Performance
Bitcoin (BTC) price action in the past three weeks has raised concerns about the long-term outlook of the leading cryptocurrency. The digital asset has failed to maintain an upward momentum since lat... Read More