At long last, the crypto asset market has begun to get back on its feet after 2018’s harrowing decline. Technical indicators are seemingly falling in place for a recovery, and fundamentals have begun to present a positive precedent for Bitcoin (BTC). In fact, one analyst writes that there is currently a “perfect storm” being brewed…
Over recent weeks, Bitcoin (BTC) has embarked on a slow and steady uptrend, moving convincingly off the mid-$3,000s. With the crypto asset recently holding above $4,000 on the back of an influx of volume, some are sure that bears in this market are ready to bite the dust. But according to a popular trader, bears…
While the value of Bitcoin remains down in the dumps, so to speak, its believers still have stars in their eyes. Many crypto investors are adamant that their holdings will eventually retest their all-time highs, prior to another jaw-dropping rally. And while countless cynics have begged to differ, these hopes were validated recently with an…
As much as some like to sugarcoat it, the crypto market has lost 85% of its value since the jaw-dropping early-2018 peak. This collapse, which pushed Bitcoin from $20,000 to $4,000, has effectively stopped the cryptocurrency gravy train dead in its tracks. Gone are the days that “blockchain” was a popular word at the dinner…
Recent reports seem to indicate that, believe it or not, Bitcoin (BTC)’s short-term prospects in this market are limited, as crypto analysts await the holy grail of trading sessions — the fabled “altseason.” With this phase of trading, analysts expect for Bitcoin’s hegemony over the broader industry to slip, as stakeholders flee to alternative digital…
Sure, Litecoin (LTC) has been receiving some flak as of late, but there’s no denying the surge the cryptocurrency has undergone in recent months. One analyst argues that the rally in that specific asset could be setting Bitcoin (BTC) up for an eventual recovery, citing eerie similarities in the two assets’ price action. Related Reading:…
Over recent weeks, the industry news cycle has seemingly ticked positive, stakeholder sentiment is more cheery than sardonic, and the value of Bitcoin (BTC) has begun a foray to the upside. All this, coupled with the fact that trading activity has purportedly skyrocketed, has left a multitude of commentators on their toes as they eagerly…
Cryptocurrency markets are showing the first signs of recovery after months of stagnation, with the price of bitcoin breaking above $4,000 (£3,000) on Monday. Bitcoin has been trading between $3,000 and $4,000 since November 2018, having fallen from a peak of around $20,000 in late 2017. The latest price of $4,050 is just $100 shy of bitcoin's highest value…
At long last, Bitcoin (BTC) bulls have begun to rear their ugly heads. While cryptocurrency investors have invited this influx of buy-side pressure with outstretched arms, no one has pinned this rally, which pushed BTC past $4,000, to anything in particular. Sure, technical indicators are buoyant, as is communal sentiment. But, what’s really at the…
It isn’t a secret that over the past few weeks, community sentiment has begun to shift. Taking a brief look at Crypto Twitter, more analysts seem to be bullish on Bitcoin (BTC) than ever before in this bear market. But why are they so hopeful? And better yet, what do they see in crypto’s cards?…