Bitcoin price like a flash of lightning shot up by more than $5,000 in the last 48 to 72 hours, and the forecast just turned from cloudy with a chance of downside to much sunnier days for bulls ahead. In fact, one technical indicator points to at least $46K from here, and shows that there’s…
Bitcoin price is at a pivotal zone, nearing a potential point of no return for bulls. However, the weekend forecast could suggest sunnier skies are in the future, so long as BTCUSD holds above the weekly Ichimoku cloud. Here is a closer look at BTCUSD weekly timeframes “at a glance” using the Ichimoku Kinko Hyo.…
Today’s biggest news isn’t about Bitcoin, but because the cryptocurrency and others trade on the platform at the center of the scandal, it is a wake up call for investors. Robinhood today halted trading of GameStop shares and other stocks, setting the internet ablaze with anger. At the same time, it should act as a…
The unthinkable just happened: Bitcoin derivatives trading platform BitMEX is being targeted by the CFTC for a variety of charges, and the company’s CTO has already been arrested related to the case. Now, the worst possible scenario could be on the horizon: The United States regulator could target Tether and parent company Bitfinex next. Here’s…
Bitcoin faced a strong drop into Friday. The cryptocurrency, after peaking at $40,000, fell as low as $34,000 in a flash drop on Friday morning. The drop was odd because the cryptocurrency was strongly underperforming altcoins. Normally, during Bitcoin corrections, altcoins fall against the U.S. dollar and against BTC, though this was not the case.…
Bitcoin extended decline below the $42,000 level against the US Dollar. BTC remains at a risk of more downsides if it stays below the $43,000 pivot zone. Bitcoin extended decline and traded below the key $42,000 support zone. The price is trading below $43,000 and the 100 hourly simple moving average. There is a key…
Bitcoin price started a strong upward move above the $35,000 resistance against the US Dollar. BTC is showing positive signs and it could rally further above $40,000. Bitcoin started a strong increase above the $33,000 and $35,000 resistance levels. The price is now trading well above $35,000 and the 100 hourly simple moving average. There…
Ten years ago yesterday, programmer Laszlo Hanyecz paid 10,000 Bitcoin for two Papa John’s pizzas in a trade that took place publicly on the Bitcoin Talk forum. Bitcoin Pizza ad from 2010 | Source: BitcoinTalk.orgAt the time, the transaction was largely laughed at — who would want some worthless internet coins for two steaming hot pies…
Analysts rely on a variety of tools to tip them off about coming price action, with some offering better results than others. A top and bottom-sniping tool used to call the 2007 top in the stock market, is once again raising a red flag. Here’s why this could also be bearish for Bitcoin and the…
The frenzy around meme-based cryptocurrencies continues, with a new player stealing the headlines from PEPE coin. Milady is the latest entrant in this space, and its self-organized meme coin, LADYS, is based on an anime avatar non-fungible token (NFT) collection. In just 24 hours, the value of Milady’s LADYS coin surged by an astonishing 5,250%…