Bitcoin is often called digital gold, much to the dismay of gold bugs like Peter Schiff. Unfortunately for boomers like Schiff, millennials like his son Spencer, are increasingly opting for the cryptocurrency instead. Schiff even recently slammed his son publicly on Twitter, insulting his purchase of BTC, and calling his investing ability into question compared…
The recent bullish breakout in Bitcoin has caused a massive wave of FOMO as late to the game buyers attempt to get in before the cryptocurrency takes off to a new all-time high. But one sharp-eyed crypto analyst has spotted a fractal in Amazon’s post-dot-com bubble crash recovery that closely matches the cryptocurrency’s recent price…
The crypto market is a confusing space. Not only do investors need to pay careful attention to Bitcoin market cycles driving the overall sentiment, but also to the relationship between BTC and altcoins like Ethereum and Litecoin. As two of the top altcoins with the most longevity in the market, Ethereum and Litecoin can be…
The Bitcoin price rediscovered its form yesterday with a 4% gain on the day. Today sees a continuation of that form, as buyers managed to break $15.8k resistance. Sustained buy pressure could see a push past $16k, a level not seen since January 2018. Source: BTCUSDT on TradingView.com Analysts have attributed Bitcoin’s recent renaissance to…
Bitcoin hit a bull’s eye ahead of the New York opening bell Thursday as its price closed above $16,000. The flagship cryptocurrency did not extend its welcome, falling prey to a moderate selling bias that led it back below $16,000. Nevertheless, it found a concrete support level above $15,550, from where it attempted another bull…
A flash pump in the early London hours Thursday led the Bitcoin price above $16,000. As of 1000 GMT, the BTC/USD exchange rate topped for the day at $16,169, a level last occupied in January 2018 when the pair was correcting lower after establishing its record high near $12,000 the previous month. The sudden upside…
Bitcoin price regained momentum and broke the $15,800 resistance against the US Dollar. BTC is trading nicely above the $15,500 support and the bulls seem to be aiming a break above $16,000. Bitcoin gained over 2% and it spiked above the $15,850 resistance zone. The price is currently trading well above the $15,500 support and…
Bitcoin has undergone a strong rally over the past few weeks and months, showing it does have value even in a world where there is much uncertainty. Driving this rally, analysts say, are institutional players. One crypto-asset analyst “Light” noted that from the data he has, he can tell there are serious institutional players that…
XRP continues to be one of the most disappointing and dormant altcoins in the cryptocurrency market, three years running. The recent Bitcoin rally has caused the altcoin to fall to new lows on the XRPBTC pair, which analysts claimed could cause its army of supporters to “admit defeat.” Instead, Ripple themselves have decided to buy…
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 stopped in its tracks just days ago. Today, the cryptocurrency is back at the key level and making its third attempt…