A dollar worth of Bitcoin SV (BSV) purchased at the beginning of 2020 now costs $266. But that has not deterred one analyst to predict a bearish scenario for the fifth-largest cryptocurrency.Alex Saunders, the founder of Australia-based crypto outlet Nugget News, said an outperforming BSV could soon give up all its gains to its top…
A portion of fresh cash liquidity supplied by the global central banks has made its way into the bitcoin market, says Mati Greenspan, the founder of Quantum Economics.The prominent market analyst told BlockTV that the cryptocurrency – more or less – behaved like stocks as it rose from $6,430 to well above $10,000 in just…
Bitcoin’s trademark price volatility is now near its record lows, according to data gathered by Skew.The crypto data analysis portal highlighted that the realized volatility of the BTC/USD pair dropped to 53 percent over the last three months – from 70 percent on a one-year timeframe. It further noted that the dip in bitcoin’s volatility…
Bitcoin price formed a short term top near $10,200 and declined recently against the US Dollar. BTC might continue to decline, but the bulls are likely to remain active above $9,500.Bitcoin is slowly correcting lower below $10,000 and $9,850 against the US Dollar.The price even broke the $9,800 area and it might extend its downside…
The aggregated crypto market has been caught within a firm uptrend throughout 2020, with all pullbacks being fleeting and followed by further upside. This momentum has largely stemmed from Bitcoin’s recent bullishness, and in the near-term BTC will likely continue to offer guidance to the markets.Last night, Bitcoin faced a somewhat intense rejection at $10,200,…
This year kicked off with BTC price gains that recently saw the leading digital asset cross $10,000 once again. However, with Bitcoin dipping below five figures today, some are once again calling for the price to return to below the current yearly lows or perhaps even lower.Disagreeing entirely is the author of one of the…
Bitcoin is the first-ever cryptocurrency that all other altcoins were designed after, with many providing additional benefits above and beyond what the original crypto has to offer.Altcoins have recently been vastly outperforming Bitcoin in what crypto analysts refer to as an “alt season,” but it all may come to a surprise end leading to additional…
Bitcoin (BTC) has been experiencing some intense turbulence over the past several days and weeks, with the cryptocurrency’s recent rally to highs of $10,200 leading to an intense overnight rejection that subsequently sent the crypto reeling back into the $9,000 region.This turbulence has muddied the clarity that many analysts had regarding the strength of the…
Bitcoin slipped huge a day after enjoying a strong price rally above its key resistance level of $10,000.The benchmark cryptocurrency was trading at $9,736 early Monday, down 4.35 percent from its Sunday top, according to US exchange Coinbase. Nevertheless, it was still up by more than 36 percent at its intraday low, maintaining the position…
Wow. After days of extremely low volatility, with Bitcoin grinding higher without much downward price action, BTC suddenly dropped 4% in twenty minutes just last hour, plunging from $10,100 to $9,700 in a rapid sell-off. This move filled a CME gap formed this weekend, which is actually a more bullish sign than it is bearish.Though,…