Since Bitcoin price left its bear market lows, the first ever cryptocurrency has been seemingly unstoppable, shocking everyone with its resilience in the face of FUD, powerful resistance, and oversold indicators. For weeks now, crypto analysts have been calling for the “top” of the rally but the expected correction never arrives. Even a massively bearish…
The saying goes, “what goes up, must come down.” Yet to everyone’s surprise, Bitcoin’s downside resilience despite an over 100% gain over the last few months of parabolic growth has continued to prevent the correction most analysts expect from ever occurring. But now, as the crypto market is once again showing signs of strength, bulls…
Bitcoin price in recent days has started a long-overdue correction following a powerful multi-month, parabolic rally that took the price of the crypto asset from a trading range between $3,000 and $4,000, to local highs of over $9,000. But as the cryptocurrency dubbed as digital gold’s bullish momentum begins to fade, the price of Gold…
Over the last two months, Bitcoin price has rallied from the depths of the bear market to a well over a 100% gain for crypto investors who bought when there was “blood in the streets.” Those who did catch the bottom have watched at their investment in Bitcoin double in short order, with little to…
Bitcoin was created in the wake of the global financial crisis and great recession, by the mysterious Satoshi Nakamoto, seeking to empower humanity with control over their own money – something that fiat currencies cannot provide due to their centralized control by governments. In the 125 months that Bitcoin has been around, buying the first…
In the fourth and final quarter of 2017, Bitcoin price grew rapidly due to increase public awareness and interest, and so did search queries related to the crypto asset as people attempted to get up to speed on the emerging financial technology. But as the crypto hype bubble popped, interest waned significantly and along with…
The bitcoin price has slipped by almost 5.5 percent from its yearly high at $8,388 and could be in for a massive downside correction. But that has not deterred a prominent fund manager from projecting a bullish case for the world’s largest cryptocurrency. Brian Kelly, the founder of BKCM, LLC, a New York-based digital currency…
While Bitcoin price is struggling with overhead resistance at the moment and taking a much needed breather from its bullish rally that began in early April with a $1,000 green candle, the cryptocurrency may have a lot more parabolic momentum left, according to one specific technical indicator. The technical indicator in question has just given…
A day earlier than many were expecting, another SEC decision on a Bitcoin exchange traded has resulted in a delay. The one that today’s announcement concerned was a proposal that the digital asset space is generally most optimistic for – the VanEck ETF. Despite the news event being largely expected, the Bitcoin price has responded…
The leading cryptocurrency by market cap has only been around for just over a decade. Due to this, there isn’t much history in Bitcoin price charts to attempt to discover historical repeating patterns that can be used to help determine future movements. The best example of a previous bear into bull market cycle playing out,…