Wall Street has been all over Bitcoin over the past few months due to the growth in the need for an inflation hedge and a relative stagnation in the price of gold relative to other asset classes. This much was confirmed just recently when a Wall Street veteran and former White House staffer launched a…
Bitcoin price came under pressure after ripple’s XRP massive decline below $0.3000 against the US Dollar. BTC traded below $23,000, but it is still well above the $22,000 support. Bitcoin started a fresh decline after it failed to clear the $24,000 resistance zone. The price is currently trading below the $23,000 support and the 100…
Bitcoin is the one asset everyone in 2020 is talking about whether they are for or against the cryptocurrency. Naysayers are out in full force, and supporters are stronger than ever and growing by the numbers – even enlisting celebrities, hedge fund managers, and more. Top analysts from both crypto and traditional finance, along with…
Bitcoin price started a fresh upward move from the $22,000 support zone against the US Dollar. BTC is now trading nicely above the 100 hourly SMA, but it is facing hurdles near $24,000. Bitcoin started a fresh increase above the $23,000 and $23,500 resistance levels. The price is currently trading well above $23,200 and the…
Bitcoin is trading a few thousand above its former peak at $20,000, but the spark of a new altcoin season hasn’t yet arrived in the crypto industry. One reason for the delay of the bullish advance is because the total altcoin market cap has gotten itself stuck in the clouds. But as soon as the…
Bitcoin’s price action has been choppy to say the least, with its recent rally to fresh all-time highs of $24,200 being rapidly sold into by whales and other large investors, who forced the price down to lows of $22,000 before the selloff reversed. In the time since, the crypto has been consolidating, seeing multiple movements…
Bitcoin has undergone a strong correction since the $24,300 highs seen this past weekend. The leading cryptocurrency currently trades for $22,600 though fell as low as $21,800 around 24 hours ago. BTC is down 5% in the past 24 hours. Bitcoin is outperforming most cryptocurrencies, which appear to be plunging as a result of a…
Bitcoin price started a downside correction below the $23,000 support against the US Dollar. BTC is likely to decline again as long as it is below $23,500 and the 100 hourly SMA. Bitcoin started a fresh correction and traded below the $23,500 and 23,200 support levels. The price is currently trading well below $23,500 and…
Bitcoin is trading at over $20,000, but the start of what might be the first real correction since the uptrend first began could be forming. However, looking more closely at the DXY Dollar Currency Index, the leading cryptocurrency by market cap could be in for another extended bear phase if a fractal on the dollar…
Bitcoin is well above its former all-time high, but the “alt season” where altcoins explode in value relative to the top-ranked cryptocurrency has yet to arrive. BTC dominance, a metric weighing all other crypto assets against Bitcoin is facing a pivotal monthly close that could jeopardize any chances of a greater altcoin market recovery. Here’s…