Despite 10% Drop, Bitcoin Is Still “High Time Frame Bullish” For This Key Reason
It’s been a tough past few days for Bitcoin. The cryptocurrency has slipped approximately 10% from the $10,100 monthly highs to a recent low of $8,800, triggered by fears...
Bitcoin Analysts Eye Move to $7,000 Region as Support Begins Dissolving
Bitcoin has faced some mounting downwards pressure today that has led it to its key support within the lower-$9,000 region
This downtrend comes after a series of strong rejections at...
Grayscale Director: Smart Money is Flooding into Crypto at Remarkable Rate
The widespread money printing that has come about as a result of the Coronavirus pandemic will eventually lead to massive inflation rates for fiat currencies
Although the crypto market’s participants...
Why It’s Unlikely the 50 Bitcoin Transaction From the 2009 Address is Satoshi
If you haven’t been living under a rock, you know that today, 50 Bitcoin from an address created one month after the cryptocurrency’s birth in January 2009 was just...
Here’s Why Traders Think Bitcoin is on the Cusp of Printing a $1,000 Candle
Bitcoin has continued ranging sideways within the upper-$9,000 region following a series of rejections at $10,000
The ongoing bout of sideways trading may mark buyers’ attempt to generate increased trading...
Retail Investors Are Rapidly Accumulating Bitcoin, Boosting Long-Term Outlook
When Bitcoin crashed to $3,700 this March, many were no doubt scared to invest. After all, when the crash transpired, there were traders — and prominent traders at that...
Two Chinese Companies Controlling 52% of Bitcoin Hash Rate Leaves Decentralization in Question
New data reveals that two main mining pools based in China control the majority of Bitcoin hash rate
This has sparked questions as to just how decentralized the cryptocurrency’s network...
Half of the Bitcoin Options Market Thinks BTC Will be Above $10k in 2020
Bitcoin has continued to trade sideways within the mid-$9,000 region following its latest failed attempt to break above $10,000
Bulls once again attempted to surmount this level earlier this morning,...
Analyst Who Recommended Bitcoin at $5: Bottom Is in After March’s 50% Crash
While Bitcoin has crossed above resistance after resistance over the past few weeks, some analysts are skeptical that the bottom is decisively in.
One prominent trader — someone who called...
Investors Need to “Be Careful” About Bitcoin’s Uptrend Because of These Factors
Bitcoin attempted to push above $10,000 yesterday evening but was once again met with a significant amount of selling pressure that subsequently led it lower
The benchmark cryptocurrency is now...