In case you missed, the crypto asset industry is getting remarkably bullish once again. With the price of Bitcoin crossing the psychologically important $10,000 mark twice in less than a week, many observers are bracing themselves for higher prices.Amongst those optimistic for the future of Bitcoin are the five panellists appearing on CNBC’s “Fast Money”…
Bitcoin reached its highest level this year on Wednesday after it breached above its psychological resistance of $10,000.The cryptocurrency settled a fresh year-to-date high of circa $10,483, bringing its net yearly gains up by 46.91 percent. The move uphill came as investors pacified their nerves over the coronavirus epidemic that has killed more than 1,000…
Over the past day, Bitcoin has done extremely well; case in point: per data from CoinMarketCap, the price of the leading cryptocurrency has surged 5% higher to $10,300 over the past 24 hours, reaching as high as $10,500 on the back of an influx of buying pressure.While some are fearful that the steep uptrend BTC…
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 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…
The price 0f Bitcoin SV (BSV) on Saturday surged by up to 17 percent in what appears to be a whale-influenced pump.The BSV-to-dollar exchange rate climbed from $288.71 to as high as $343.53 in just four hours. The pair’s move uphill followed days of choppy sideways action and a humongous 300 percent jump before, showing…
Bitcoin may have surged bombastically heading into 2020 but one analyst thinks the cryptocurrency is going to fall back.Options trader Dyme said bitcoin is entering a “perfect bearish setup,” listing three converging negative indicators that hint a deep price retracement in the coming trading sessions. They are Rising Wedge, Bearish Divergence, and Overleveraged Longs.“Everything about…
WhaleTrades, a Twitterati who tracks the large crypto transactions, alerted that a big whale on BitMEX sold $5 million worth of bitcoin at $9,749.69.BitMEX $BTC Whale:$5,000,000 worth of #Bitcoin sold at $9,749.69 12:13:43 2020/02/07| 💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰 EXIT ALL CRYPTO MARKETS— WhaleTrades 🐳 (@WhaleTrades) February 7, 2020Bitcoin Calls that FollowedMinutes before the big sell order, Bitcoin had soared…