Bitcoin’s epic weekend pump has continued into Monday as gains are holding. BTC is still above $9k but has hit resistance once again. Analysts and traders are looking for its next move and some are now eyeing altcoins for bigger gains. Bitcoin surged through resistance yesterday to record a new 13 month high of just…
Throughout its short history, Bitcoin (BTC) has been seen as anything but centralized, sovereign, and censorable. The crypto asset was created by a pseudonymous individual, is secured by a global group of miners, and is backed by no government, traditional finance system, or common entity. And as a result, many have looked to Bitcoin and its brethren…
And just like that, Bitcoin (BTC) is right back above $9,000. The past 72 hours have been absolutely stellar for the crypto market, as it saw all digital assets gain notably across the board. BTC, most notably, moved from the low-$8,000s, where analysts expected heavy resistance, to $9,300 where it stands right now. Related Reading:…
Just when traders and analysts were expecting the drop to accelerate following the formation of a head and shoulders pattern, and Bitcoin’s biggest weekly red candle since November, it did the opposite. The volatile and often fickle nature of crypto markets is still very hard to predict which has left many scratching their heads as…
The week has started in the red for the majority of crypto assets. Bitcoin closed the week with its largest red candle since December 2018 and analysts are predicting further losses ahead as the correction continues. From an intraday high of $7,950, Bitcoin has tumbled back below $7,600 as the Asian trading session gets under…
The Bitcoin (BTC) bull run has barely even started, but Fundstrat Global Advisors is absolutely euphoric. In a graphic published recently, the investment advisory firm suggested that the “Fear of Missing Out (FOMO)” is quickly materializing in the cryptocurrency markets, boding well for BTC’s performance in the short to medium term. We are apparently headed…
After days of inaction, Bitcoin (BTC) bears have finally shown their hand. In the past 24 hours, the leading cryptocurrency has lost around 3%, falling from a multi-day high of around $7,950 to $7,650 as of the time of writing this. With this move, which many believe will set the trend for the cryptocurrency market,…
Bitcoin is not out of the digital woods yet. There is every chance that this pullback could accelerate as BTC failed to close above $8,000 yesterday. Traders and analysts are already looking at the next major buying zones and they tend to be in agreement. Bitcoin: No Return to $8k Over the past 24 hours…
Price action is not linear so any movements in either direction will come in stages. Bitcoin’s two day slide of over a thousand dollars may not be over yet, but at the moment BTC appears to be taking a breather. Bitcoin Scenarios A number of scenarios could be on the cards for Bitcoin’s next move.…
At long last, Bitcoin (BTC) has begun to slip after trending in the mid-$8,000s for days on end. In a move expected by a number of analysts, BTC has dropped to $8,100 on most major crypto exchanges. In the past 24 hours (according to Coin Market Cap), the cryptocurrency is down 5.80%, as a number…