Bloody Monday? I think not. In the past hour, Bitcoin (BTC) has spiked, gaining almost 3% within a few minutes’ time. As of the time of writing this, the cryptocurrency sits at $11,900, the highest the asset has traded at in a number of days. Related Reading: New ECB Boss is “Extremely” Pro-Crypto; What Could…
Cryptocurrency markets are cooling off during the morning’s Asian trading session. The July fourth parties in the US maybe coming to a close but Bitcoin is beating a retreat at the moment, dragging the altcoins into the quagmire once again. Bitcoin Dumps 6 Percent The rapid fire recovery back to $12,000 from its 30 percent…
The Bitcoin correction was short lived to say the least. Only three candles closed below $10k on the hourly chart and one briefly dumped to $9,600, 30 percent down from the recent high. Looking at previous market cycles may give us a clue as to when this may happen again … and it could be…
After a solid rally there will always be a correction, it is in the nature of markets. Bitcoin’s parabolic surge to just under $14,000 in barely three months had to end somewhere and this week that pullback has deepened. Most are confident that a new bull market has been established so new buyback zones are…
By many measures, the recent Bitcoin (BTC) bull run has just started. Despite being early on in this market cycle though, crypto investors have already begun to look ahead, speculating as to where certain digital assets will top out. Related Reading: Economist Flips From Bitcoin Skeptic to Savant, Acknowledges Crypto’s Staying Power Due to Bitcoin’s…
A big bullish weekend is usually followed by a red Monday for bitcoin and crypto markets but this has yet to materialize. BTC has continued to climb and is now back at its 2019 and fifteen month high again. Further gains are likely and if Bitcoin can repeat is previous six month’s performance big things…
Nearly two years after passing $10,000 for the first time, bitcoin has once again returned above the price milestone. In the intervening time, bitcoin‘s value has swung between highs close to $20,000 and lows south of $4,000, as volatility has come to characterise the cryptocurrency. It has made predicting bitcoin’s next move notoriously difficult, though…
As much as “FOMO” is a meme in the Bitcoin (BTC) community, the fear of missing out seems to be an entirely real phenomenon. It’s been just a day since the cryptocurrency rocketed past $10,000, and data is already revealing that more money (and investors) are already flooding into these markets, ready to throw their…
After months of anticipation, Bitcoin (BTC) finally broke past $10,000 on Friday, registering an astounding 11% gain. As of the time of writing this, buying momentum has slowed, as made apparent by BTC’s rejection of $11,200 and the subsequent sell-off to $10,300. As a result, some have already begun to postulate about where this current…
That’s right, at long last, Bitcoin (BTC) has reached five digits in the ongoing bull run, according to TradingView.com. The last time the cryptocurrency was in this price range was a year ago. With this strong swing to the upside, which comes just weeks after analysts en-masse were calling for a “strong correction”, many are…