Bitcoin and Fortnite don’t seem to be a match made in heaven. But, according to one prominent analyst and investor, the success of one will dramatically help the other. Related Reading: Bitcoin Weekly Close Nears as Bears Maintain Control; Will BTC Soon Drop Below $9,000? Fortnite Holds Massive Tourney The seeming Bitcoin- and crypto-curious Epic…
Bitcoin price declined heavily below the $9,800 and $9,500 support levels against the US Dollar. The price traded to a new weekly low at $9,118 and it is currently correcting higher. There is a crucial contracting triangle forming with resistance near $9,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
Bitcoin (BTC) and the aggregated crypto markets have climbed slightly today after facing significant downwards pressure over the past couple of days. This recent price action has signaled that bears are currently in full control of the cryptocurrency, and without a major push by bulls, Bitcoin could face an incredibly weak weekly close that spells…
Once again, Bitcoin (BTC) is trading under $10,000. In fact, as of the time of writing this article, the cryptocurrency is sitting around $9,500 — up 0.8% in the past 24 hours. Related Reading: Crypto Tidbits: Bakkt’s Bitcoin Futures, Monex & Libra, Andrew Yang PAC Accepts BTC While some cynical analysts are expecting for BTC…
Despite the massive volatility that is a defining characteristic of the crypto markets, many proponents of Bitcoin (BTC) have claimed that the technology is posed to be a suitable replacement for safe haven assets like gold, and even for fiat currencies. Despite this, one critic of Bitcoin is claiming that BTC’s success over the past…
Bitcoin (BTC) has continued to stumble into the weekend. As reported by NewsBTC yesterday, the cryptocurrency has found itself under the key $10,000 price point, managing to lose five digits for the umpteenth time in a matter of weeks. This price action, which comes in stark contrast to the cheery predictions posted on Twitter just…
After a short term upside correction, bitcoin price failed to surpass $10,200 against the US Dollar. The price formed a double top near the $10,200 level and declined below the $10,000 support. There is a crucial bearish trend line forming with resistance near $10,350 on the 4-hours chart of the BTC/USD pair (data feed from…
Bitcoin (BTC) has been incurring significant selling pressure as of late that has caused significant damage to its technical strength. This selling pressure is coming in spite of some bullish fundamental developments that have occurred as of late, including the state-sponsored Bank of China offering what can be defined as a bullish outlook on Bitcoin.…
According to Anthony “Pomp” Pompliano, Bitcoin (BTC) is seeing inflows from the chief investment officers of some “multi-billion dollar institutions”. Related Reading: Analyst: Crypto Markets Likely to Plummet 61% Before Next Bull Run Begins; Here’s Why While this is not direct investment from funds — be it family offices, hedge funds, pensions, venture funds, or…
Bitcoin and the aggregated crypto markets have been spiraling downwards after bull’s attempt to bolster the markets yesterday faltered, leading to a continuation of the downwards pressure that BTC and other major cryptos have incurred over the past several weeks. Now, analysts are noting that there is a high probability that Bitcoin’s recent pullback extends…