The latest Bitcoin uptrend is its most powerful yet, and while momentum has clearly been up for some time, an ominous sell signal has appeared. And while the cryptocurrency has shown little signs of slowdown, the top-sniping signal that perfectly called the 2019 peak is back again. Will this sequence-based signal result in near flawless…
The leading cryptocurrency continues to absorb any and all capital in its path, causing its price and market cap to expand. The recent uptrend and price appreciation in Bitcoin has caused the asset to outrank the Russian ruble in terms of total market cap. Here’s why the cryptocurrency continuing to rise the global currency list…
With only a 30% pullback on the books, it is hard to consider the most recent consolidation phase in Bitcoin much of a correction. But whatever base is currently being built within this range, could act as the next bear market botton after the leading cryptocurrency by market cap tops out and the cycle restarts…
Bitcoin price rose over $5,000 today due to a powerful surge of FOMO, driven following the news that the Elon Musk-led Tesla had added $1.5 billion in BTC to its company reserves. The strength of today’s buying frenzy has pushed the daily Relative Strength Index back above a key level. A close above it could…
Over the weekend, altcoins began to pull back after an enormous market-wide rally, starting with Ethereum. And while the market looked to be turning bearish, news of a massive Bitcoin buy made by auto manufacturer Tesla set the crypto market on fire. On Bitcoin pairs, altcoins began to hemorrhage across the board. But according to…
The top ranked altcoin, Ethereum, has broken its all-time high and like Bitcoin’s big breakout, it has attracted more and more participants to the cryptocurrency market. Valuations are rising everywhere, and the total altcoin market cap is on the verge of a life-changing breakout, if history repeats. And given the current momentum and FOMO across…
Last night, Twitter CEO Jack Dorsey tweeted the phrase “running Bitcoin,” as both a nod to computer scientist Hal Finney and to reveal to the world he is running a full node. Here’s what this means for the first ever cryptocurrency along with a look a how it all started, and where Bitcoin is going…
Bitcoin price has been consolidating for many weeks now, but has still yet to choose continuation or further correction. Over the last few days, bulls have begun to regain momentum, but have yet to clear one important hurdle before it is “off to the races,” says one crypto capital manager. Here’s the line they’re referring…
Bitcoin is in a bull market and anyone who understands the cryptocurrency’s potential knows that much higher prices are ahead in the short- and long-term. But how high would prices actually reach if the cryptocurrency’s price action mimicked the epic 2017 rally, tick for tick? An analyst at Ark Invest has come up with a…
Bitcoin is in a powerful uptrend, and has brought investors more ROI than any other asset on the face of the planet. In just four years from today, the leading cryptocurrency by market cap has done a 37x. Here’s a trip back down memory lane looking at how far we’ve come since then, and how…