Tezos is the cryptocurrency that has the entire market buzzing, after an astounding 190% rally took the price of the altcoin to a new high.Despite such massive gains already this year, a top crypto trader claims that Tezos could still pull another 5 to 10x in the future as the hype around the STO market…
Bitcoin has been caught within a firm bout of sideways trading over the past day, with its buyers and sellers being deadlocked within an intense battle that has left BTC’s price ranging sideways around $10,200.Bull’s inability to extend the cryptocurrency’s momentum has led it to grow increasingly bearish, as one simple charting pattern could suggest…
Over the past 60 days, Bitcoin has found itself rocketing higher, rallying from a low of $6,400 to a local top of $10,500 in the span of two months.Related Reading: Ethereum Explodes 15% Higher to $250 in 1 Day: Are More Gains Imminent?Bitcoin’s Booming Open Interest May Set Stage for SurgeOver the past few years,…
Bitcoin started a downside correction from the $10,500 area against the US Dollar. BTC declined below $10,200, but it is still holding the key 100 hourly SMA.Bitcoin price failed to climb above $10,500 and corrected lower against the US Dollar.There was a sharp dip below the $10,200 level before the bulls protected the 100 hourly…
Bitcoin’s wild 2020 rally may currently be over extended, suggesting that the crypto could soon see a notable retrace that leads BTC to erase some of the gains it has posted over the past couple of weeks.Analysts believe that this next drop could send Bitcoin reeling back into the lower-$8,000 region before it finds any…
Overnight last night, the price of XRP flash crashed as low as 13 cents on the popular margin trading platform BitMEX.Widespread complaints made waves across the crypto community, as traders who were long XRP on the exchange were liquidated, losing their funds. But there are always two sides to every trade, and those who were…
Markets are cyclical, and history often repeats. And if the bear to bull cycle from 2014 through 2017 is any indication, Bitcoin could have as much as another full year before the cryptocurrency revisits its all-time high.Comparing Previous Cycles With the Current Bear and Bull MarketsThe crypto market at large is widely convinced that a new…
Bitcoin’s correlation with Gold reached a record high at the heights of the US-Iran tensions earlier this year. As both the assets rose in tandem against the gloomy geopolitical sentiment, leading experts said the cryptocurrency is behaving like a safe-haven asset.But heading into the second week of February, bitcoin is shifting its bias to suit…
Bitcoin is gawking at extended losses only hours after it established a new yearly high at $10,500.The benchmark cryptocurrency on Thursday plunged by 3.86 percent to circa $10,094, according to US exchange Coinbase. The crash took bitcoin’s spot rate down by more than $400 within just three hours, showing fresh signs of buyers’ exhaustion in…
Bitcoin extended its rise towards the $10,500 resistance area against the US Dollar. BTC is now showing signs of exhaustion and it could dip a few points before continuing higher.Bitcoin price is struggling to gain momentum above $10,400 and $10,450 against the US Dollar.The price traded to a new 2020 high at $10,492 and it…