Last month, as the world began to grapple with the economic reality of the coronavirus outbreak, Bitcoin fell off a cliff — tumbling from $7,700 to $3,700 within the span of two days, a drop of over 50%.Since then, a question that has plagued investors is if Bitcoin bottomed during that crash. While there is…
Bitcoin (BTC) and the aggregated cryptocurrency markets have been trading sideways over the past day, with bulls’ attempt earlier today to recapture $8,000 proving to be fleeting due to an abundance of selling pressure within this price region.It now appears that big traders are anticipating Bitcoin to make a massive movement in the days ahead,…
Bitcoin price closed its February monthly candle below $9,400, after a massive surge in January that took the price of the first-ever cryptocurrency from $6,800 to nearly $10,000.The massive move in January appeared to be the start of a new bull market trend, but the devastating crash on the heels of coronavirus pandemic proliferation panic…
Bitcoin may appear to be on the brink of total collapse as coronavirus fears shake up markets, but trading volume tells a very different story.According to the volume profiles of each the greater bear market and the recent downtrend from the June 2019 top, selling pressure has been subsiding and it could signal “good times”…
The price chart of the current altcoin market closely resembles that of the early Bitcoin price chart and could signal that whoever is buying the current dip across the crypto market could end up generating life-changing wealth from their investment.Life-Changing Wealth Altcoin Market Follows Early Bitcoin Market CycleWhen Bitcoin first was released into the wild,…
For some reason or another, Saturday was an extremely quiet day for Bitcoin and the broader cryptocurrency market. In fact, Alameda Research CEO Sam Bankman-Fried, a crypto trader that has led a team to make over $50 million worth of BTC (according to some reports), wrote on Twitter that “this might be the lowest volume…
Today’s $18 billion crypto market pump has been the news that everyone in the industry has been waiting for. The doom and gloom that has shrouded the ecosystem over the past six months or so has dissipated today as a ray of hope shines bright and new records are made again. Volume Hits $50 Billion…
Crypto market volume reaches yearly high; Tezos pumping, Ethereum, Cardano and NEO moving up. Levels are holding on crypto markets as we start the weekend. There has been no major sell offs and total market capitalization remains above $140 billion, bouncing off a new weekly high a couple of hours ago. Bitcoin hit a monthly…
Price predictions for Bitcoin and cryptocurrency markets have been coming thick and fast recently as the bottom appears to be extending and the bears running out of steam. Short term price action will help day traders take quick profits but most people eyeing the industry are in it for the long term. Analysts have been…