Crypto investors and traders bored and frustrated with the sideways price action in Bitcoin should prepare themselves for the worst-case scenario. The worst-case and max pain scenario, in this case, isn’t a breakout or breakdown, it’s more sideways.According to past cycle data, this tight trading range could potentially last another three months before sparks fly.…
Bitcoin price may be trading sideways, but it continues to hold above a key level that in the past led to over 5,000% returns. BTCUSD has now held for its seventh consecutive weekly close above the Ichimoku cloud, but there’s a shocking twist coming that could shake up the sideways trend.Bitcoin Price Closes Seventh Weekly…
Bitcoin has been consolidating below resistance for months now, waiting for a spark to ignite an explosion in either direction. Due to the ongoing correlation between BTC and stocks, a crashing global stock market could drag down crypto with it once again. Continued Correlation Between BTC and S&P500 Has Kept Crypto Down Since the start…
Yesterday, high-profile Twitter celebrities and other influential accounts were hacked to promote a Bitcoin scam. The scam isn’t uncommon and is just one of many that involve cryptocurrency in some way. To help investors avoid scams like these, we’re highlighting the most common crypto-related scams and how to avoid them. Bitcoin At Center of High-Profile…
With Bitcoin trading sideways for so long and volatility dropping to such uncharacteristic lows, crypto analysts are watching the Bollinger Bands closely. Even the tools creator has since spoken out about the current price action in BTCUSD. In the past, when he speaks, a major move often follows. Is it once again time to pay…
After two full years of price action, Bitcoin and gold are neck and neck in terms of return on investment. However, during the same time period, the leading cryptocurrency by market cap experienced wild price swings while gold stayed stable and steady. Has the wild ride along the way tarnished the cryptocurrency’s safe haven narrative?…
In traditional markets, weekends pause for a moment of peace. Not Bitcoin and the rest of crypto, however.Weekends are often when the most alarming moves occur, due to relatively low liquidity and trading volume. That’s why it shouldn’t be a surprise that Bitcoin pulled a “Darth Maul” this morning and stopped out traders on both…
A new study released reveals that crypto investors are underprepared for their own untimely demise. Without a plan in place, crypto assets could be lost forever, leaving loved ones without access and out of an inheritance.With so many crypto investors so woefully unprepared for their own passing, what steps can be taken to get up…
As Bitcoin becomes a serious financial asset, more top comedians are taking note of the asset. And it’s not acting as a butt of their jokes but as an addition to their investment portfolios.Crypto Rises From Far Corners Of The Internet Full of Memes and MoreBitcoin and cryptocurrencies were born unto the underbelly of the…
Bitcoin price is once again flirting with resistance above $10,000 but has yet to penetrate and hold above the key level. This latest visit has resulted in a lower high.Unless the cryptocurrency can get through and set a new local peak, the asset is at risk of setting a new lower low. It could also…