Bitcoin (BTC) has been on an absolute tear over the past few days. In the past two weeks, the cryptocurrency has rallied from the yearly lows around $6,800 to a high of $8,880 just hours ago as of the time of writing this article, registering a 30% surge from said lows.Since nearing $9,000, the cryptocurrency’s…
The crypto community is an opinionated bunch. Everyone has their favorite coin, be it Bitcoin or an altcoin, and investors love to share and defend their opinions with other crypto enthusiasts. They also like to vote, and in a recent poll, it was revealed that the majority of crypto investors are predominantly Bitcoin maximalists, despite…
After the $1,500 drop that Bitcoin sustained just the other day, analysts are reconsidering their bullish skew on the crypto market.One analyst went as far as to suggest that the cryptocurrency is poised to correct towards the $7,000s after seeing that harsh rejection above $10,000.The analyst in question predicted months in advance BTC would bottom…
Bitcoin is yet again at a critical inflection point, where the days ahead may determine the trend for the coming months and potentially years in the crypto market. After a flash crash stopped Bitcoin’s parabolic advance short ahead of setting new all-time highs, many fear that the rally may be ending and will test lows…
Bitcoin took an absolute beating on Wednesday. For those who missed the memo, the cryptocurrency saw a 10% drop within an hour or two, plunging under the key level of $7,700 for the first time in around five months. This dramatic move came after countless analysts expected volatility to hit markets, citing the Bollinger Band amongst…
After attempting to break decisively past $10,000 for the second time in a week, Bitcoin was rejected, plunging as low as $9,200 for the umpteenth time in a matter of days.BTC’s tepid price action has made some investors cautious that more downside for the flagship cryptocurrency is possible, citing the loss of the key $9,500…
Bitcoin is back on the headlines after the outrageous price action it has experienced before and after the halving took place. The flagship cryptocurrency rose to a high of $10,100 on May 7 to then take a 22% nosedive over the weekend. Now, BTC is back up, recovering most of the losses recently incurred.Regardless of…
Following a widespread financial market selloff across many asset categories over the last week, repeatedly tested Bitcoin support finally gave way, causing an epic crash.The selloff caused Bitcoin price to bounce off what one analyst calls the “buy zone,” claiming its now time to hold while the cryptocurrency enters a new bull market. And given…
After two days of crypto market consolidation in the high-$8,000s, Bitcoin (BTC) just broke 3% higher from the $8,700 range equilibrium to tap the key $9,000 psychological and technical resistance on Binance and other top exchanges for the first time in just over two months.Since hitting $9,000, the crypto asset has paused, retracing to $8,950…
Bitcoin's weekly close near $63,300 leaves it more than 50% below its October peak. The trend is still down — but one respected contrarian's chart argues the correction may be closer to its end than its beginning. Is the Bitcoin bottom in? It must be close, with sentiment at all-time lows. Bitcoin closed the week…