For the umpteenth weekend in a row, the cryptocurrency market has rallied. On Sunday morning, Bitcoin (BTC) shot up by some 3%, with the asset breaking past a short-term resistance level. Despite this occurrence, which most analysts see as a signal that the ball is clearly in the bulls’ court, there have been some that…
For the time being, Bitcoin (BTC) has stabilized, finding itself trading in no man’s land around $8,500 over the past day. If the cryptocurrency begins to make a move on $8,700, however, analysts are sure that things will start to heat up once again, giving BTC the momentum to push higher in yet another massive…
Some think it’s too early to call it, but the Bitcoin (BTC) bull run is seemingly back on the table. Over the past two months, the cryptocurrency market has seen the bitcoin price double, rallying from $4,200 to $8,600, the price as of the time of writing this, in a 2017-esque fashion. With this jaw-dropping…
Over the past 48 hours, Bitcoin (BTC) has begun to locally top out, with buying pressure slowing and prices slightly slipping. One prominent investor, however, explains that we’re just getting started, looking to strong fundamentals in the broader cryptocurrency sector. In fact, he explains that by year’s end, BTC will have moved past $20,000, and…
No matter how the Bitcoin (BTC) price acts, bearish analysts always make their voices heard. Once the crypto asset exploded above $8,400 on Sunday, pushing to a smidgen shy of $9,000, these somewhat cynical traders have come out of the woodwork to suggest that the party for Bitcoin may soon end. Related Reading: Crypto is…
The past 12 hours have been a blur for the crypto asset market. In a matter of hours, Bitcoin (BTC) rushed passed key resistance levels at $8,000, $8,400, and $8,800. This marked the first time that BTC had decisively broken above $8,400 since May… 2018. Sitting at $8,850 as of the time of writing this,…
After breaking from $8,000’s grip on Sunday, Bitcoin (BTC) skyrocketed to $8,750 in a jaw-dropping move. While the bullish momentum has slowed for the time being, with BTC beginning to consolidate in the short-term around $8,700, some are sure that the cryptocurrency market will continue to print higher as the week elapses. Related Reading: Binance’s…
For one reason or another, the past few weeks have seen Bitcoin (BTC) and its ilk freeze. The cryptocurrency market has been stuck in an odd holding pattern, whereas volatility has fallen, trading ranges have been established, and volume has begun to diminish. However, digital assets across the board may soon move. That’s according to…
Bitcoin (BTC) has just broken out of a short-term consolidation pattern, moving past key short-term resistance at $8,300 to $8,400. As of the time of writing this piece, BTC sits at $8,540 after touching $8,580 just minutes earlier. Many are sure that this is a sign of continued bullish momentum, meaning that a continuation to…
Binance’s loss of 7,000 Bitcoin (BTC), Bitfinex and Tether’s trouble in court, and the continual disapproval of BTC exchange-traded funds (ETFs) aside, the crypto news cycle has been widely positive. This trend continued on Thursday, with a multibillion-dollar telecommunications giant revealing that it would be taking its first foray into cryptocurrency, shocking investors this ecosystem…