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Sorout

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Bitcoin 18/10/20 12:00 by Nick Chong
Here’s Why Bitcoin Breaking Higher Now Would Trigger a Massive Move
While Bitcoin has seen strong volatility on a day-to-day and week-to-week basis, it is flat on a macro scale. The crypto-asset has basically traded in the same $3,000 range for five months now. This h...
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Bitcoin 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...
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Bitcoin 16/07/20 23:08 by Brenda Ngari
Why This Trading Expert Believes Bitcoin Needs To Reclaim $9,400 Quickly To Change Its Bearish Course
With low volatility in the bitcoin market in recent months, the price action of the OG cryptocurrency has been rather boring. Some crypto observers have even joked that the top crypto is now trading ...
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Bitcoin 16/07/20 12:00 by Nick Chong
Fund Manager: Bitcoin Must Hold $8,800 or Risk “Cancelling” Rally to $20k
Just minutes ago as of this article’s writing, Bitcoin and Ethereum have begun to break down from the lows of their consolidations over the past few days. For ETH, that meant the asset fell belo...
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Bitcoin 06/07/20 16:26 by Joseph Young
One Metric Suggests the Impending Bitcoin “Doom” May Not Arrive
Bitazu Capital founding partner Mohit Sorout pinpointed that the volume of Bitcoin (BTC) declined since May. While the price of the top cryptocurrency has dropped since, its volume suggests it is not ...
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Bitcoin 11/06/20 13:00 by Yashu Gola
A Bitcoin Crash Towards $8.8K Likely Before Price Breaks $10K; Here’s Why
Bitcoin failed at yet another attempt to break bullish above $10,000 on Wednesday. The cryptocurrency’s sharp pullback from the crucial resistance level has raised its possibilities of falling ...
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Altcoins 02/06/20 03:51 by Nick Chong
Macro Analyst: Ethereum Looks Like It Will Outperform Bitcoin in the Future
From the all-time high of $1,400, Ethereum is down by approximately 80%. Due to a collapse in the ICO bubble and the narrative shifting from altcoins to BTC, the -80% performance ETH has registered is...
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Bitcoin 16/05/20 09:08 by Nick Chong
Bitcoin Prepares to Rally to $12,000 as Price Forms Historically Bullish Pattern
After attempting to break decisively past $10,000 for the second time in a week, Bitcoin was rejected, plunging as low as $9,200 for the umpteenth time in a matter of days. The tepid price action has...
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Bitcoin 13/04/20 13:23 by Nick Chong
Here’s Why Traders Are Scared After Bitcoin’s 8% Drop to $6,600
After the weekly close at the end of Sunday, Bitcoin tanked. The cryptocurrency rapidly fell from the $7,200 weekend highs to a low of $6,580 — all over the course of an explosive three-hour drop. W...
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Bitcoin 06/04/20 20:00 by Cole Petersen
Bitcoin on Track to Form Historic “V-Reversal” as Bulls Surmount $7,000
Bitcoin saw a sharp overnight rally that allowed it to surge past the resistance that it was previously facing around $7,000, with the crypto appearing to find some stability within this region – so...
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