This Indicator Shows Bitcoin Hit a Pivotal Level; Why Bulls Are in Control

Bitcoin has extended its newfound consolidation phase as it trades around $9,200 Both its bulls and bears have reached an impasse, with neither group being able to catalyze any clear...

The Last Time Institutions Built This Big of a Bitcoin Short, It Crashed 60%

As Bitcoinist has extensively covered over recent weeks, Bitcoin is in an odd spot. The leading cryptocurrency currently trades above the support of $8,500 and below the $10,000 resistance. With...

Analyst: Bitcoin’s Price Action Looks Like the Start of 2017’s 2,000% Rally

From a macro perspective, Bitcoin is still in a consolidation pattern. The cryptocurrency has printed a series of lower highs and higher lows over the past year, with prices...

Bitcoin’s Hash Rate Just Hit a High — Max Keiser Thinks Price Will Follow

Despite stagnation in the Bitcoin market, the hash rate of the leading cryptocurrency has grown stronger and stronger. The hash rate is the measure of the computational power being...

Bitcoin May Confirm a Massive H&S Pattern, Marking a Long-Term Top

Bitcoin is currently in the process of breaking out of its trading range between $9,000 and $9,300 The crypto is now showing some signs of strength following yesterday’s harsh rejection...

This Technical Indicator Shows Bitcoin is About to See Wild Volatility

Bitcoin’s consolidation phase has persisted despite many analysts anticipating volatility during yesterday’s weekly candle close The crypto is still trading in the lower-$9,000 region and is showing few signs of...

Bitcoin is Flashing Signs of Weakness as It Trades Below Crucial Level

After another failed breakout attempt, Bitcoin is once again hovering just above its crucial $9,200 support The entire crypto market is currently expressing some signs of weakness This weakness may be...

Bitcoin Closing Beneath One Crucial Level Could Decimate Altcoins

Bitcoin flashed some subtle signs of weakness yesterday that sent shockwaves throughout the cryptocurrency market This caused many major altcoins to shed a significant amount of their value, putting at...

Stablecoin Supply Has Reached $12 Billion; Why This is Bullish for Bitcoin

The amount of stablecoins circulating throughout the crypto market has been tremendous growth in 2020 Although it took this fragment of the market five years grow to $6 billion in...

Spikes in Bitcoin Exchange Inflows Signal a Large Selloff is Looming

Bitcoin has continued trading sideways within the lower $9,000 region overnight, with its ongoing consolidation phase now extending over ten weeks Although the crypto has yet to express any clear...
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