Bitcoin: USD/BTC (BTC=X) has recovered 100% since its massive drop last month

Bitcoin: USD/BTC (BTC=X) has recovered 100% since its massive drop last month

Bitcoin: USD/BTC (BTC=X) has recovered 100% since its massive drop last month Bitcoin (BTC) diving to a cliff in March and collapsing to prices not seen since a year ago is now a distant memory. The top crypto didn’t take long to recover at more comfortable levels, which, as of the time of writing, is $7,000. […]

Bitcoin: USD/BTC (BTC=X) volatility is returning in a positive way

Bitcoin: USD/BTC (BTC=X) volatility is returning in a positive way

Bitcoin: USD/BTC (BTC=X) volatility is returning in a positive way Bitcoin (BTC) traders are used to the mood swings that come with extreme price volatility. They were elated when prices shot up 30 percent in January, the best start to a year since 2013. They were alarmed and unsettled when the spread of the coronavirus sent […]

Bitcoin: USD/BTC (BTC=X) Breakout Ahead?

Bitcoin: USD/BTC (BTC=X) Breakout Ahead?

Bitcoin: USD/BTC (BTC=X) Breakout Ahead? As risk assets regain their mojo amid optimism the coronavirus spread is beginning to level off, Bitcoin’s back above $7,000. The largest cryptocurrency gained as much as 6.4% Monday to $7,193, its highest in nearly a month. That’s its biggest one-day gain in two weeks and caps a near 11% […]

Bitcoin: USD/BTC (BTC=X) trading volume on exchanges grew 61 percent in Q1 compared to previous quarter

Bitcoin: USD/BTC (BTC=X) trading volume on exchanges grew 61 percent in Q1 compared to previous quarter

Bitcoin: USD/BTC (BTC=X) trading volume on exchanges grew 61 percent in Q1 compared to previous quarter Bitcoin trading volumes across The Block 22 exchanges saw a significant uptick during the first quarter of 2020. The volumes reached over $154 billion in the quarter – a 61% increase over the previous quarter figure of $96 billion, according to research conducted […]

Bitcoin: USD/BTC (BTC=X) Enters Historically Strong Quarter With 3% Price Gain

Bitcoin: USD/BTC (BTC=X) Enters Historically Strong Quarter With 3% Price Gain

Bitcoin: USD/BTC (BTC=X) Enters Historically Strong Quarter With 3% Price Gain Bitcoin (BTC) kicked off the historically strong second quarter on a positive note, scoring gains overnight despite further losses on Wall Street.   The top cryptocurrency by market value rose 3.5 percent from $6,420 to $6,650, having closed Q1 2020 with a 10 percent […]

Bitcoin: USD/BTC (BTC=X) Price Surges Above $6.7K as Stocks Again Bearish

Bitcoin: USD/BTC (BTC=X) Price Surges Above $6.7K as Stocks Again Bearish

Bitcoin: USD/BTC (BTC=X) Price Surges Above $6.7K as Stocks Again Bearish Since topping out at $6,500 on March 31, Bitcoin (BTC) price had spent the majority of Wednesday in a steady slump which saw the price drop from $6,494 to $6,147. The pullback mirrored the poor performance in traditional markets where the S&P 500 and […]

Bitcoin: USD/BTC (BTC=X) Ends Q1 Down 10%, Outperforming Equities in Coronavirus Crisis

Bitcoin: USD/BTC (BTC=X) Ends Q1 Down 10%, Outperforming Equities in Coronavirus Crisis

Bitcoin: USD/BTC (BTC=X) Ends Q1 Down 10%, Outperforming Equities in Coronavirus Crisis Bitcoin ended the first quarter of 2020 down from the start of the year, but not as badly as the record-setting losses suffered by global equities.  On a 24-hour basis, bitcoin (BTC) was in the green less than a percent Tuesday afternoon Eastern time and ether (ETH) […]

Coronavirus can’t destroy Bitcoin: USD/BTC (BTC=X)

Coronavirus can’t destroy Bitcoin: USD/BTC (BTC=X)

Coronavirus can’t destroy Bitcoin: USD/BTC (BTC=X) Bullish on the distributive and decentralizing power of blockchain, the tech that powers Bitcoin and other leading crypto digital assets, he is now reassuring the trembling masses following today’s rapid fall of Bitcoin and crypto prices. Bitcoin dipped 9% pushing month-to-date losses to 29%. At the time of press, […]

Bitcoin: USD/BTC (BTC=X) positioned itself back in the control of bearish traders

Bitcoin: USD/BTC (BTC=X) positioned itself back in the control of bearish traders

Bitcoin: USD/BTC (BTC=X) positioned itself back in the control of bearish traders Bitcoin has positioned itself back in the control of bearish traders after being rejected from the $7,000 level of resistance for the third time in as many days. After tapping $6,980 Bitcoin proceeded to fall dramatically, sliding all the way down to $6,460 […]

Bitcoin: USD/BTC (BTC=X) Price hit by dramatic value fluctuations amid coronavirus panic buying and selling

Bitcoin: USD/BTC (BTC=X) Price hit by dramatic value fluctuations amid coronavirus panic buying and selling

Bitcoin: USD/BTC (BTC=X) Price hit by dramatic value fluctuations amid coronavirus panic buying and selling Bitcoin has experienced wild price swings in recent days as cryptocurrency markets respond to the global economic uncertainty sparked by the coronavirus epidemic. The cryptocurrency has swung between highs of $9,000 and lows of 4,000 since the start of March, representing the most severe price […]

Bitcoin: USD/BTC (BTC=X) approaching the critical $6,800 level of resistance after surging by more than 15% in the past 24 hours

Bitcoin: USD/BTC (BTC=X) approaching the critical $6,800 level of resistance after surging by more than 15% in the past 24 hours

Bitcoin: USD/BTC (BTC=X) approaching the critical $6,800 level of resistance after surging by more than 15% in the past 24 hours Bitcoin is approaching the critical $6,800 level of resistance after surging by more than 15% in the past 24 hours. The tremendous move to the upside will come as a surprise to the majority […]

Bitcoin: USD/BTC (BTC=X) Climbs 10% As Investors Gain Confidence

Bitcoin: USD/BTC (BTC=X) Climbs 10% As Investors Gain Confidence

Bitcoin: USD/BTC (BTC=X) Climbs 10% As Investors Gain Confidence Bitcoin was trading at $6,473.5 by 19:54 (23:54 GMT) on the Investing.com Index on Monday, up 10.06% on the day. It was the largest one-day percentage gain since March 23. The move upwards pushed Bitcoin’s market cap up to $117.3B, or 0.00% of the total cryptocurrency […]

COVID-19 Panic Tests Bitcoin: USD/BTC (BTC=X) Uncorrelated Asset Narrative

COVID-19 Panic Tests Bitcoin: USD/BTC (BTC=X) Uncorrelated Asset Narrative

COVID-19 Panic Tests Bitcoin: USD/BTC (BTC=X) Uncorrelated Asset Narrative Bitcoin Trading Correlation with S&P 500 Reaches All-Time High Data from crypto analytics platform Coin Metrics shows that the correlation between the two top-ranked cryptos — Bitcoin and Ethereum, and the S&P 500 reached an all-time high (ATH) levels over the last 30 days. Like the Nasdaq and the Dow, […]

Bitcoin: USD/BTC (BTC=X) is on its way to reinstating its reputation as a safe haven asset

Bitcoin: USD/BTC (BTC=X) is on its way to reinstating its reputation as a safe haven asset

Bitcoin: USD/BTC (BTC=X) is on its way to reinstating its reputation as a safe haven asset Bitcoin is on its way to reinstating its reputation as a safe haven asset as it rallied by more than 10% in the past 24-hours. The sudden move to the upside coincided with a further correction in global stock […]

Bitcoin: USD/BTC (BTC=X) price stabilises around $5,000

Bitcoin: USD/BTC (BTC=X) price stabilises around $5,000

Bitcoin: USD/BTC (BTC=X) price stabilises around $5,000 Bitcoin price We closed the day, March 17 2020, at a price of $5,225. That’s a respectable 4.45 percent increase in 24 hours, or $223. It was the highest closing price in one day. We’re still 73 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017). Bitcoin […]

Bitcoin: USD/BTC (BTC=X) Dips Below 5,269.1 Level

Bitcoin: USD/BTC (BTC=X) Dips Below 5,269.1 Level

Bitcoin: USD/BTC (BTC=X) Dips Below 5,269.1 Level Bitcoin fell bellow the $5,269.1 level on Tuesday. Bitcoin was trading at 5,269.1 by 13:11 (17:11 GMT) on the Investing.com Index, down 4.71% on the day. It was the largest one-day percentage loss since March 17. The move downwards pushed Bitcoin’s market cap down to $95.9B, or 0.00% […]

The Middle East Sees Bitcoin: USD/BTC (BTC=X) Differently

The Middle East Sees Bitcoin: USD/BTC (BTC=X) Differently

The Middle East Sees Bitcoin: USD/BTC (BTC=X) Differently As of late, many people have been questioning whether bitcoin qualifies as a “safe haven” asset. Some say no, considering it was not able to withstand the pressures caused by panic over the coronavirus. The Middle East Sees Bitcoin Differently However, it looks like many traders and miners in the Middle […]

Bitcoin: USD/BTC (BTC=X) Nosedives Amid Market Volatility

Bitcoin: USD/BTC (BTC=X) Nosedives Amid Market Volatility

Bitcoin: USD/BTC (BTC=X) Nosedives Amid Market Volatility Bitcoin’s value has seen better days amid the strife and turmoil of the global financial markets as the coronavirus continues to wreak havoc, according to Reuters. The value of the well-known cryptocurrency fell far on Thursday (March 12) as traders sold off assets, fearing the worst. Economic damage […]

Bitcoin: USD/BTC (BTC=X) price crashes spectacularly, losing 20 per cent of its value in minutes

Bitcoin: USD/BTC (BTC=X) price crashes spectacularly, losing 20 per cent of its value in minutes

Bitcoin: USD/BTC (BTC=X) price crashes spectacularly, losing 20 per cent of its value in minutes The price of bitcoin has plummeted dramatically, losing 20 per cent of its value in less than an hour. The cryptocurrency crash takes bitcoin below $6,000 – its lowest value since 2019. Several other major cryptocurrencies also experienced significant losses, […]

Bitcoin: USD/BTC (BTC=X) Is Still Failing As A Flight To Safety Investment

Bitcoin: USD/BTC (BTC=X) Is Still Failing As A Flight To Safety Investment

Bitcoin: USD/BTC (BTC=X) Is Still Failing As A Flight To Safety Investment Yet again, bitcoin bulls arguing that the popular cryptocurrency is a flight to safety investment during times of stock market weakness have gotten some discouraging feedback during the coronavirus-driven market sell-off. The S&P 500 has experienced one of its sharpest drops in history […]

Bitcoin: USD/BTC (BTC=X) Is Back to Where It Started in 2020

Bitcoin: USD/BTC (BTC=X) Is Back to Where It Started in 2020

Bitcoin: USD/BTC (BTC=X) Is Back to Where It Started in 2020 While some are quick to blame the panic surrounding the coronavirus, others are saying that separate factors are responsible. Tim Enneking – the managing director of Digital Capital Management – says that bitcoin spiked to $10,500 too quickly, and that what we’re experiencing now […]

Bitcoin: USD/BTC (BTC=X) Back Over $8K as Traditional Markets Rebound

Bitcoin: USD/BTC (BTC=X) Back Over $8K as Traditional Markets Rebound

Bitcoin: USD/BTC (BTC=X) Back Over $8K as Traditional Markets Rebound Bitcoin is witnessing a recovery rally alongside the traditional finance markets a day after slumping to two-month lows. The top cryptocurrency by market value is currently trading near $8,070, representing a 6 percent gain on lows near $7,625 registered on Monday, according to CoinDesk’s Bitcoin […]

Bitcoin: USD/BTC (BTC=X), Bonds and Gold: Why Markets Are Upended in a Time of Fear

Bitcoin: USD/BTC (BTC=X), Bonds and Gold: Why Markets Are Upended in a Time of Fear

Bitcoin: USD/BTC (BTC=X), Bonds and Gold: Why Markets Are Upended in a Time of Fear Anyone seen the movie “Parasite”? You know, the one about class mobility, creative solutions and scary basements. I thought of that film after reading Jill Carlson’s op-ed a couple of days ago – she looks at our collective surprise that bitcoin is […]

Bitcoin: USD/BTC (BTC=X) erases February’s gains with massive plunge to $8,000

Bitcoin: USD/BTC (BTC=X) erases February’s gains with massive plunge to $8,000

Bitcoin: USD/BTC (BTC=X) erases February’s gains with massive plunge to $8,000 Natural market forces and PlusToken BTC movements combined to take Bitcoin on a wild ride. Bitcoin has experienced a couple of fairly unpleasant days on the market, dropping from a seemingly comfortable perch at $9,000 all the way to $8,000 before its fall was […]

Bitcoin: USD/BTC (BTC=X) Stays Above $9,000 in US Trading

Bitcoin: USD/BTC (BTC=X) Stays Above $9,000 in US Trading

Bitcoin: USD/BTC (BTC=X) Stays Above $9,000 in US Trading The price of bitcoin (BTC) broke above $9,000 on a bullish run at 9:00 UTC (4:00 a.m. EST). The world’s leading cryptocurrency by market capitalization is up 4 percent in the past 24 hours, with a high reaching $9,150 on exchanges including Coinbase. The last time […]

Bitcoin: USD/BTC (BTC=X) – A Quick Recap of the Bitcoin Halving

Bitcoin: USD/BTC (BTC=X) – A Quick Recap of the Bitcoin Halving

Bitcoin: USD/BTC (BTC=X) – A Quick Recap of the Bitcoin Halving The Bitcoin halving is currently less than 10000 blocks away, as tweeted out by Bitcoin core developer and educator Jimmy Song. The majority of people in the space anticipate it will have a major impact on bitcoin’s price. This is for several reasons. Just […]

Bitcoin: USD/BTC (BTC=X) Dips Below 8,699.7 Level, Down 1%

Bitcoin: USD/BTC (BTC=X) Dips Below 8,699.7 Level, Down 1%

Bitcoin: USD/BTC (BTC=X) Dips Below 8,699.7 Level, Down 1% Bitcoin fell bellow the $8,699.7 level on Tuesday. Bitcoin was trading at 8,699.7 by 10:21 (15:21 GMT) on the Investing.com Index, down 1.35% on the day. It was the largest one-day percentage loss since March 3. The move downwards pushed Bitcoin’s market cap down to $161.0B, […]

Bitcoin: USD/BTC (BTC=X) Follows the Market, Losing the Battle for Digital Gold

Bitcoin: USD/BTC (BTC=X) Follows the Market, Losing the Battle for Digital Gold

Bitcoin: USD/BTC (BTC=X) Follows the Market, Losing the Battle for Digital Gold As a result, over the last 24 hours, BTC adds 1.5% and trades around $8,800. What is happening now can be considered “green shoots”, but they are still very vulnerable. The optimists’ margin of strength becomes more and more fragile with each new […]

Bitcoin: USD/BTC (BTC=X) Rally May Have More Room to Run

Bitcoin: USD/BTC (BTC=X) Rally May Have More Room to Run

Bitcoin: USD/BTC (BTC=X) Rally May Have More Room to Run Bitcoin’s starting the week on the right foot after its worst week since November. Now, a number of technical indicators are signaling the potential rally may have further room to run. On Monday, amid a rally of more than 4% to $8,886, Bitcoin retook its […]

Bitcoin: USD/BTC (BTC=X) Dips Below 8,589.4 Level, Down 0.35%

Bitcoin: USD/BTC (BTC=X) Dips Below 8,589.4 Level, Down 0.35%

Bitcoin: USD/BTC (BTC=X) Dips Below 8,589.4 Level, Down 0.35% Bitcoin fell bellow the $8,589.4 level on Sunday. Bitcoin was trading at 8,589.4 by 10:19 (15:19 GMT) on the Investing.com Index, down 0.35% on the day. It was the largest one-day percentage loss since February 29. The move downwards pushed Bitcoin’s market cap down to $156.7B, […]

Bitcoin: USD/BTC (BTC=X) Markets pricing in Coronavirus impact

Bitcoin: USD/BTC (BTC=X) Markets pricing in Coronavirus impact

Bitcoin: USD/BTC (BTC=X) Markets pricing in Coronavirus impact At the opening bell, equities markets recovered some of the losses of the previous two days but at the time of writing Dow Jones futures, S&P 500 futures and Nasdaq futures all dropped 1.32%, 1.33% and 1.31%, respectively, with investors increasingly concerned about the economic impact of […]

Bitcoin: USD/BTC (BTC=X) The halving is coming this year

Bitcoin: USD/BTC (BTC=X) The halving is coming this year

Bitcoin: USD/BTC (BTC=X) The halving is coming this year After evaluating data derived from crypto publication headlines, digital asset alternative data provider The TIE discovered a correlation between Bitcoin’s price in the market and mentions of the upcoming halving in media outlets. “We noticed how, as mentions of the halving were decreasing last fall, that […]

Bitcoin: USD/BTC (BTC=X) immediate outlook remains neutral

Bitcoin: USD/BTC (BTC=X) immediate outlook remains neutral

Bitcoin: USD/BTC (BTC=X) immediate outlook remains neutral Bitcoin retreated after crossing into five figures early on Monday, establishing the psychological level of $10,000 as the resistance to beat for the bulls. After briefly touching $10,008 at 01:30 UTC, according to CoinDesk’s Bitcoin Price Index, the cryptocurrency had fallen back to $9,620 by 03:00. Bitcoin (BTC) […]

Bitcoin: USD/BTC (BTC=X) Could Be the Only Solution for the Coming Global Recession

Bitcoin: USD/BTC (BTC=X) Could Be the Only Solution for the Coming Global Recession

Bitcoin: USD/BTC (BTC=X) Could Be the Only Solution for the Coming Global Recession While the stock market continues posting all-time highs, economists are suggesting that the global economy is nearing a recession. A host of indicators point to global financial failure, and governments appear powerless to stop it. Could Bitcoin step in? The most striking […]

Tesla and Bitcoin: USD/BTC (BTC=X) Racing to be 2020’s Best Performing Asset

Tesla and Bitcoin: USD/BTC (BTC=X) Racing to be 2020’s Best Performing Asset

Tesla and Bitcoin: USD/BTC (BTC=X) Racing to be 2020’s Best Performing Asset In the cryptocurrency investment space, a lot has been made of the gains that Bitcoin has experienced since the turn of the year. January saw a 30 percent increase and February has seen the coin cross the sentimental $10,000 mark a number of […]

Satoshi Nakamoto Net Worth: Bitcoin Founder Worth Around $10 Billion With 1 Million Bitcoin: USD/BTC (BTC=X)

Satoshi Nakamoto Net Worth: Bitcoin Founder Worth Around $10 Billion With 1 Million Bitcoin: USD/BTC (BTC=X)

Satoshi Nakamoto Net Worth: Bitcoin Founder Worth Around $10 Billion With 1 Million Bitcoin: USD/BTC (BTC=X) KEY POINTS Satoshi Nakamoto has an estimated net worth of $10 billion He or she allegedly owns 1 million BTC The true identity behind the name remains elusive  Satoshi Nakamoto’s net worth is around $10 billion. However, the real […]

There are now almost 7000 Bitcoin: USD/BTC (BTC=X) ATMs Worldwide

There are now almost 7000 Bitcoin: USD/BTC (BTC=X)  ATMs Worldwide

There are now almost 7000 Bitcoin: USD/BTC (BTC=X) ATMs Worldwide ATMs that support digital coins and cryptocurrency have increased parallel to the trend on the market since the beginning of the year, reports Bitcoin.com. With the promising start this year had with cryptocurrencies – Bitcoin itself has risen from a price of below $7000 since […]

Bitcoin: USD/BTC (BTC=X) ATMs start to spread

Bitcoin: USD/BTC (BTC=X) ATMs start to spread

Bitcoin: USD/BTC (BTC=X) ATMs start to spread At a 76 gas station on Ponce de Leon Avenue in Scottdale, manager Jimit Patel said between 10 and 15 people walk in to use the store’s bitcoin ATM each day. “They come in around the clock and they’re all young people,” Patel said. “The people who work […]

The Bitcoin: USD/BTC (BTC=X) boom is back

The Bitcoin: USD/BTC (BTC=X) boom is back

The Bitcoin: USD/BTC (BTC=X) boom is back The cryptocurrency has risen 46% this year, pulling back above $10,000 this week for the first time since September. Bitcoin reached a near-term bottom in December and has been on a steady rise since then. Bitcoin was trading at $10,100 on Thursday morning. A move to $12,000 implies […]

Bitcoin: USD/BTC (BTC=X) Hits $10,400 After Fed Chair Confirms Central Bank Working On Cryptocurrency

Bitcoin: USD/BTC (BTC=X) Hits $10,400 After Fed Chair Confirms Central Bank Working On Cryptocurrency

Bitcoin: USD/BTC (BTC=X) Hits $10,400 After Fed Chair Confirms Central Bank Working On Cryptocurrency When it seemed like this week would put on the breaks on Bitcoin’s two-week rally and extend the profit-taking seen on Monday that dropped BTC back to $9,000 prices, the top crypto bounced back on Tuesday and re-entered $10,000. Bulls surprised […]

Bitcoin: USD/BTC (BTC=X) back above $10,000 for first time since September

Bitcoin: USD/BTC (BTC=X) back above $10,000 for first time since September

Bitcoin: USD/BTC (BTC=X) back above $10,000 for first time since September The price of bitcoin topped $10,000 on Sunday for the first time since September, as the leading cryptocurrency continues its rally in 2020. Bitcoin (BTCUSD)  was at $10,129 late Sunday, according to Coindesk, after surging more than 41% year to date. Bitcoin’s market cap […]

Bitcoin: USD/BTC (BTC=X) back above $10,000 for first time since September

Bitcoin: USD/BTC (BTC=X) back above $10,000 for first time since September

Bitcoin: USD/BTC (BTC=X) back above $10,000 for first time since September The price of bitcoin topped $10,000 on Sunday for the first time since September, as the leading cryptocurrency continues its rally in 2020. Bitcoin BTCUSD, -1.86% was at $10,129 late Sunday, according to Coindesk, after surging more than 41% year to date. Bitcoin’s market […]

Bitcoin: USD/BTC (BTC=X) Climbs Above 9,782.4 Level, Up 2%

Bitcoin: USD/BTC (BTC=X) Climbs Above 9,782.4 Level, Up 2%

Bitcoin: USD/BTC (BTC=X) Climbs Above 9,782.4 Level, Up 2% Bitcoin rose above the $9,782.4 threshold on Friday. Bitcoin was trading at 9,782.4 by 19:50 (00:50 GMT) on the Investing.com Index, up 2.37% on the day. It was the largest one-day percentage gain since February 5. The move upwards pushed Bitcoin’s market cap up to $177.7B, […]

Diversifying Into Bitcoin: USD/BTC (BTC=X) Can Help Protect Retirement Savings

Diversifying Into Bitcoin: USD/BTC (BTC=X) Can Help Protect Retirement Savings

Diversifying Into Bitcoin: USD/BTC (BTC=X) Can Help Protect Retirement Savings The attacks on retirement accounts come as other sources have become more difficult. Total cyber hacking dropped last year and hackers are looking for softer targets. Retirement accounts are particularly dangerous since they function like bank accounts and data for entry can be found on […]

Bitcoin: USD/BTC (BTC=X) Carries on Climbing, Sets Sights on $10,000

Bitcoin: USD/BTC (BTC=X) Carries on Climbing, Sets Sights on $10,000

Bitcoin: USD/BTC (BTC=X) Carries on Climbing, Sets Sights on $10,000 Highlights There is resistance at $9,600 and $10,500. There is minor support at $9,150. BTC is following a parabolic ascending support line. It may be in the fifth and final wave of an Elliott formation Well-known trader @MacnBTC outlined the Bitcoin price, stating that the […]

The World Descends into Chaos, And Bitcoin: USD/BTC (BTC=X) is on the Rise

The World Descends into Chaos, And Bitcoin: USD/BTC (BTC=X) is on the Rise

The World Descends into Chaos, And Bitcoin: USD/BTC (BTC=X) is on the Rise Why Bitcoin is Continuing to Climb, from More Solid Ground Than Ever Last night saw Bitcoin once again soaring up the market, with a 6% increase over the course of three hours. This continues a fantastic start to the year for the […]

Bitcoin: USD/BTC (BTC=X) could more than double again in 2020

Bitcoin: USD/BTC (BTC=X) could more than double again in 2020

Bitcoin: USD/BTC (BTC=X) could more than double again in 2020 After beating the overall market’s return in 2019, bitcoin (BTC-USD) is off to its hottest start to the year in nearly a decade. Rising nearly 30% so far in January to top $9,000, the world’s largest cryptocurrency by market cap is now trading above its […]

Bitcoin: USD/BTC (BTC=X) has $10,000 in its sights amid bullish breakout

Bitcoin: USD/BTC (BTC=X) has $10,000 in its sights amid bullish breakout

Bitcoin: USD/BTC (BTC=X) has $10,000 in its sights amid bullish breakout Bitcoin has continued its recent push with a jaw-dropping rally above the $9,300 level of resistance as the golden cross edges ever closer. Bitcoin is on course to test the psychological $10,000 level of resistance in the coming weeks after breaking out of the […]

Bitcoin: USD/BTC (BTC=X) has made another sustained move higher

Bitcoin: USD/BTC (BTC=X) has made another sustained move higher

Bitcoin: USD/BTC (BTC=X) has made another sustained move higher For the fourth day this week bitcoin has added further gains. This latest move, which began a few hours ago during Asian trading, propelled prices to highs not seen since early November. The 5 percent pump lifted BTC from around $8,950 to top out at $9,400. […]

Bitcoin: USD/BTC (BTC=X) next halving in May could send the currency to new all-time high

Bitcoin: USD/BTC (BTC=X) next halving in May could send the currency to new all-time high

Bitcoin: USD/BTC (BTC=X) next halving in May could send the currency to new all-time high Something to look forward to: While crypto enthusiasts are no doubt interested to see the effects of Bitcoin’s ‘halving’ slated for later this year, it looks like others are joining the fray. The question on everyone’s mind is whether 2020 […]

Bitcoin: USD/BTC (BTC=X) claim for being digital gold appears to have another piece of evidence in its corner

Bitcoin: USD/BTC (BTC=X) claim for being digital gold appears to have another piece of evidence in its corner

Bitcoin: USD/BTC (BTC=X) claim for being digital gold appears to have another piece of evidence in its corner Bitcoin’s claim for being digital gold appears to have another piece of evidence in its corner. In a day where global stocks plunged on concerns over the impact of the deadly coronavirus, the largest cryptocurrency gained as […]

Bitcoin: USD/BTC (BTC=X) sees substantial increases, driven by fear

Bitcoin: USD/BTC (BTC=X) sees substantial increases, driven by fear

Bitcoin: USD/BTC (BTC=X) sees substantial increases, driven by fear Futures for safe-haven assets spiked before the weekend closing and traders considered a host of factors. Gold, Bitcoin, and precious metals all saw substantial increases, driven by fear. International news turned ugly, with increasing concern about the widespread coronavirus in Wuhan, China. Two cases have already […]

Bitcoin: USD/BTC (BTC=X) fighting to hold $8,400 during crucial market cycle

Bitcoin: USD/BTC (BTC=X) fighting to hold $8,400 during crucial market cycle

Bitcoin: USD/BTC (BTC=X) fighting to hold $8,400 during crucial market cycle BITCOIN is currently gripped in a tight channel of resistance as opposing market forces attempt to move it away from recent stability. The volatility which normally defines cryptocurrency had been largely ever-present as BTC bounced between $6,800 and $8,600 during recent months before a […]

Bitcoin: USD/BTC (BTC=X) Reversal Necessary In Journey to $9,200

Bitcoin: USD/BTC (BTC=X) Reversal Necessary In Journey to $9,200

Bitcoin: USD/BTC (BTC=X) Reversal Necessary In Journey to $9,200 Bitcoin has had an interesting start of the year following the bull-run that catapulted it from lows at $6,500 in December to highs close to $9,200. The gains have seen experts in the industry including the co-founder of Fundstrat, Tom Lee who recently that he expects […]

Regulation will see Bitcoin: USD/BTC (BTC=X) go mainstream in the UK

Regulation will see Bitcoin: USD/BTC (BTC=X) go mainstream in the UK

Regulation will see Bitcoin: USD/BTC (BTC=X) go mainstream in the UK Tighter EU laws governing cryptocurrency will lead to wider Bitcoin adoption, claims the CEO of established UK crypto exchange Coinfloor. This month, the European Union implemented a new law – known as the EU Fifth Anti-Money Laundering Directive (5AMLD) – which requires cryptocurrency platforms […]

Could Bitcoin: USD/BTC (BTC=X) mend a system where President Trump is being extra generous toward banks through tax cuts?

Could Bitcoin: USD/BTC (BTC=X) mend a system where President Trump is being extra generous toward banks through tax cuts?

Could Bitcoin: USD/BTC (BTC=X) mend a system where President Trump is being extra generous toward banks through tax cuts? US bankers have been laughing all the way to the bank last year, quite literally. In the best year for any bank in the history of the USA, JP Morgan announced $36.4 billion in profits during […]

Bitcoin: USD/BTC (BTC=X) Rallies as the Bull Market Reaches New Highs

Bitcoin: USD/BTC (BTC=X) Rallies as the Bull Market Reaches New Highs

Bitcoin: USD/BTC (BTC=X) Rallies as the Bull Market Reaches New Highs Bitcoin started the year with a bang. In the last 24 hours it went up 3%, topping $9,000. The entire week has been exciting week, with one rally after another feeding the bulls. Bitcoin has exploded by over 30% since January 1, and we’re […]

Bitcoin: USD/BTC (BTC=X) Paying A Quarter To Move $450 Million

Bitcoin: USD/BTC (BTC=X) Paying A Quarter To Move $450 Million

Bitcoin: USD/BTC (BTC=X) Paying A Quarter To Move $450 Million It’s common knowledge that there are various Twitter accounts spread across the internet that warn of multiple “whale” transactions: Transactions of large coin volumes. Bitcoin is no exception to this in the crypto industry. Yesterday, these accounts told the public of a significant transaction, more […]

Bitcoin: USD/BTC (BTC=X) reached its highest level since early November

Bitcoin: USD/BTC (BTC=X) reached its highest level since early November

Bitcoin: USD/BTC (BTC=X) reached its highest level since early November On Jan. 18, Bitcoin (BTC) price finally made a strong push through the resistance level at $9,000 and rallied to $9,194 before pulling back slightly. BTC price has reached its highest level since early November, hitting $9K for the first time in 2020.  The upside […]

Bitcoin: USD/BTC (BTC=X) Falls Back After Briefly Breaking $9k Resistance

Bitcoin: USD/BTC (BTC=X) Falls Back After Briefly Breaking $9k Resistance

Bitcoin: USD/BTC (BTC=X) Falls Back After Briefly Breaking $9k Resistance View Bitcoin has all but erased the day’s gains after pushing past the $9,000 resistance level this morning. A significant move back above $9,000 could trigger liquidations and a possible short squeeze across the market. Other cryptocurrencies continue to recoup losses from late 2019. Bitcoin’s […]

Bitcoin: USD/BTC (BTC=X) Explained. Past, Present and Future

Bitcoin: USD/BTC (BTC=X) Explained. Past, Present and Future

Bitcoin: USD/BTC (BTC=X) Explained. Past, Present and Future Bitcoin is 10 years old. And, after all, is in good health. During the past decade, historical ups followed by catastrophic downs and viceversa took the stage. Thousands of articles about its mysterious founder(s), its evolution, real and clearly unreal price predictions, and its near future death, […]

Bitcoin: USD/BTC (BTC=X) Turns Indecisive at Two-Month High

Bitcoin: USD/BTC (BTC=X) Turns Indecisive at Two-Month High

Bitcoin: USD/BTC (BTC=X) Turns Indecisive at Two-Month High The bitcoin market is telling a tale of bullish exhaustion with indecisive price action following a rise to the highest point since November. The top cryptocurrency witnessed two-way business on Wednesday. Prices rose from lows near $8,550 seen during the Asian trading hours to a two-month high […]

Bitcoin: USD/BTC (BTC=X) reaching their loftiest value since mid-November

Bitcoin: USD/BTC (BTC=X) reaching their loftiest value since mid-November

Bitcoin: USD/BTC (BTC=X) reaching their loftiest value since mid-November Bitcoin prices rallied today, reaching their loftiest value since mid-November as the broader market pushed higher. The digital currency climbed to $8,848.92 at roughly 1:15 p.m. EST, according to CoinDesk data. At this point, the cryptocurrency was up 3.6% for the day, and was trading at […]

Bitcoin: USD/BTC (BTC=X) shoots up almost 10%

Bitcoin: USD/BTC (BTC=X) shoots up almost 10%

Bitcoin: USD/BTC (BTC=X) shoots up almost 10% We closed the day, January 14 2020, at a price of $8,827. That’s a decent 8.43 percent increase in 24 hours, or $686. It was the highest closing price in sixty-four days. We’re still 56 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017). Bitcoin market cap […]

Bitcoin: USD/BTC (BTC=X) January Surge Rekindles Memories of Crypto Bubble

Bitcoin: USD/BTC (BTC=X) January Surge Rekindles Memories of Crypto Bubble

Bitcoin: USD/BTC (BTC=X) January Surge Rekindles Memories of Crypto Bubble Bitcoin is off to its best start to a year since 2012, gaining about 20% in two weeks amid a renewed enthusiasm that is reviving memories of the mania of a few years ago. The world’s largest virtual coin rallied after climbing out of the […]

Bitcoin: USD/BTC (BTC=X) prices enjoyed a notable bounce today

Bitcoin: USD/BTC (BTC=X) prices enjoyed a notable bounce today

Bitcoin: USD/BTC (BTC=X) prices enjoyed a notable bounce today Bitcoin prices enjoyed a notable bounce today, approaching $8,500 as they followed their recent bullish trend. The cryptocurrency rose to an intra-day high of $8,476.79 at roughly 8:45 p.m. EST, CoinDesk data shows. At this point, the digital asset had appreciated roughly 4.6% from its price […]

Bitcoin: USD/BTC (BTC=X) could breach descending channel to $9800 by next month

Bitcoin: USD/BTC (BTC=X) could breach descending channel to $9800 by next month

Bitcoin: USD/BTC (BTC=X) could breach descending channel to $9800 by next month January 7 was a momentous day for Bitcoin, having finally crossed the $8000 level for the first time since late-November. With such a great start to 2020, Bitcoin could have more surprising upward price movements in store. BTC was valued at around $8100 […]

Bitcoin: USD/BTC (BTC=X) volatility spikes to six-week high amid slump to $7,750

Bitcoin: USD/BTC (BTC=X) volatility spikes to six-week high amid slump to $7,750

Bitcoin: USD/BTC (BTC=X) volatility spikes to six-week high amid slump to $7,750 Bitcoin has endured its most volatile week since late November with price swinging wildly between $7,400 and $8,400. It is currently trading at $7,750 following a major rejection and subsequent sell-off from the $8,400 level of resistance. BTC has however bounced by 2% […]

Bitcoin: USD/BTC (BTC=X) Big Market Shift Dead Ahead

Bitcoin: USD/BTC (BTC=X) Big Market Shift Dead Ahead

Bitcoin: USD/BTC (BTC=X) Big Market Shift Dead Ahead In financial markets, it’s rarely possible to know, in advance, precisely when a major event will impact supply and demand — let alone how or where.  But in one particular asset and one particular point in time, it does happen.  I’m talking about … The Bitcoin halving […]

Bitcoin: USD/BTC (BTC=X) Hash Rate Hits All-Time High Behind Price Rise, Private Pools in China

Bitcoin: USD/BTC (BTC=X) Hash Rate Hits All-Time High Behind Price Rise, Private Pools in China

Bitcoin: USD/BTC (BTC=X) Hash Rate Hits All-Time High Behind Price Rise, Private Pools in China I probably don’t need to tell you that bitcoin’s price is up in the new year. But did you know that the bitcoin mining hash rate and difficulty are climbing too? On January 5, 2020, Bitcoin’s hash rate struck a […]

Bitcoin: USD/BTC (BTC=X) Climbs Higher

Bitcoin: USD/BTC (BTC=X) Climbs Higher

Bitcoin: USD/BTC (BTC=X) Climbs Higher Bitcoin climbed to the highest since November after breaching the $8,000 price level. Concerns about an escalation in the conflict between the U.S. and Iran are seen as contributing to the rally in Bitcoin, which is not managed by a government. “Bitcoin and gold are well supported due to rising […]

Consolidating Bitcoin: USD/BTC (BTC=X) set to revisit 2019’s upper bound in 2020

Consolidating Bitcoin: USD/BTC (BTC=X) set to revisit 2019’s upper bound in 2020

Consolidating Bitcoin: USD/BTC (BTC=X) set to revisit 2019’s upper bound in 2020 The fact that a store-of-value asset with fixed supply and increasing adoption is more likely to appreciate in price will keep Bitcoin supported in 2020, in our view, while the primary trends of 2019 that favored the first-born cryptocurrency vs. rivals should persist. […]

Bitcoin: USD/BTC (BTC=X) Escalating tensions between the US and Iran have prompted a price surge

Bitcoin: USD/BTC (BTC=X) Escalating tensions between the US and Iran have prompted a price surge

Bitcoin: USD/BTC (BTC=X) Escalating tensions between the US and Iran have prompted a price surge Escalating tensions between the US and Iran have prompted a price surge price for bitcoin and other cryptocurrencies, according to market analysts. Bitcoin has risen in value by around $600 since the US assassination of Islamic Revolutionary Guard Corps Maj Gen Qassem […]

2020 and Beyond: Bitcoin: USD/BTC (BTC=X) Potential Protocol Upgrades

2020 and Beyond: Bitcoin: USD/BTC (BTC=X) Potential Protocol Upgrades

2020 and Beyond: Bitcoin: USD/BTC (BTC=X) Potential Protocol Upgrades Bitcoin’s consensus layer has remained unchanged for over two years now. Since Segregated Witness (SegWit), which activated in August 2017, no hard fork or soft fork protocol upgrades have been deployed at all*, marking Bitcoin’s longest stretch without consensus forks so far. But this stretch may […]

Bitcoin: USD/BTC (BTC=X) Bulls Targeting Key Resistance At $7,800

Bitcoin: USD/BTC (BTC=X) Bulls Targeting Key Resistance At $7,800

Bitcoin: USD/BTC (BTC=X) Bulls Targeting Key Resistance At $7,800 Bitcoin is on a sharp rise in 2020 with price breaching $7,500 USD. Bulls are regaining strength in the market with a third straight green candle on the daily charts setting bullish indicators that signal a possible test of the $7,800 resistance level. A call for […]

Continued Spread of Bitcoin: USD/BTC (BTC=X) ATMs Normalizing Cryptocurrency Around the World

Continued Spread of Bitcoin: USD/BTC (BTC=X) ATMs Normalizing Cryptocurrency Around the World

Continued Spread of Bitcoin: USD/BTC (BTC=X) ATMs Normalizing Cryptocurrency Around the World The number of active Bitcoin ATMs around the world grew by an impressive 56 percent over the last 12 months. Although the spread of the real-world Bitcoin trading locations doesn’t necessarily suggest increased rates of adoption, it will help to further normalize Bitcoin […]

Bitcoin: USD/BTC (BTC=X) establishes key support above $7,000 as bulls target reversal

Bitcoin: USD/BTC (BTC=X) establishes key support above $7,000 as bulls target reversal

Bitcoin: USD/BTC (BTC=X) establishes key support above $7,000 as bulls target reversal Bitcoin endured a turbulent yet significant year in 2019, surging from lows of $3,500 all the way to $14,000 before losing 50% of its value in a matter of months. It is now trading above $7,000 following a minor scare in December that […]

Bitcoin: USD/BTC (BTC=X) A break of the initial $7700 resistance should open the way for more gains

Bitcoin: USD/BTC (BTC=X) A break of the initial $7700 resistance should open the way for more gains

Bitcoin: USD/BTC (BTC=X) A break of the initial $7700 resistance should open the way for more gains The cryptocurrency market gained an impressive 85% in 2019 after a subdue 2018. The yearly high was set in June when the market peaked at more than $389 billion. At the beginning of 2020, we are presented with […]

Bitcoin: USD/BTC (BTC=X) price signal for 2020 is hinting a major bullish trend

Bitcoin: USD/BTC (BTC=X) price signal for 2020 is hinting a major bullish trend

Bitcoin: USD/BTC (BTC=X) price signal for 2020 is hinting a major bullish trend Bitcoin price fell down by 30 percent in Q4 of 2019 from $1092 on the 26th of October to the current price level standing at $7280 at the time of writing. The king of cryptocurrency Bitcoin (BTC) is going through a rough […]

Bitcoin: USD/BTC (BTC=X) investors still smiling at the end of 2019

Bitcoin: USD/BTC (BTC=X) investors still smiling at the end of 2019

Bitcoin: USD/BTC (BTC=X) investors still smiling at the end of 2019 It’s been a bumpy year for bitcoin hodlers, but despite the rough ride, over the last 12 months, the price of the cryptocurrency has risen by more than 95% since this time last year.  On New Year’s Eve 2018, the price of bitcoin was […]

Bitcoin: USD/BTC (BTC=X) Shoots Past the $7,400 Mark

Bitcoin: USD/BTC (BTC=X) Shoots Past the $7,400 Mark

Bitcoin: USD/BTC (BTC=X) Shoots Past the $7,400 Mark This is a significant improvement over the $7,100 level it’s been trading at for some time. While the currency rose this high during the mid-December point, it appeared bitcoin couldn’t retain this level of momentum, and immediately fell back down to the low $7,000 range. Now, it […]

Bitcoin: USD/BTC (BTC=X) Halving: The Math

Bitcoin: USD/BTC (BTC=X) Halving: The Math

Bitcoin: USD/BTC (BTC=X) Halving: The Math The mathematics behind the prediction is relatively simple. The two firms, GBTC and Square, currently have approximately 25 percent of mined supply. Assuming that this volume remains static post-halving, the companies would hold 50 percent. If half of all BTC is absorbed by these two firms, the demand for […]

How to make a Bitcoin: USD/BTC (BTC=X) conversion

How to make a Bitcoin: USD/BTC (BTC=X) conversion

How to make a Bitcoin: USD/BTC (BTC=X) conversion There may come a time when you need to convert your Bitcoin into fiat or another cryptocurrency. Perhaps you want to realise a profit, simply need the cash, or believe another cryptocurrency offers more potential. There are several different ways you can sell Bitcoin, and there are […]

Bitcoin: USD/BTC (BTC=X) price could be nearing a reversal point

Bitcoin: USD/BTC (BTC=X) price could be nearing a reversal point

Bitcoin: USD/BTC (BTC=X) price could be nearing a reversal point Bitcoin (BTC-USD) is at a crucial inflection point, as it is currently trading around its critical support level of $6,500. Bitcoin and the cryptocurrency market in general have been in a slow-motion meltdown mode after Bitcoin hit a high of roughly $14,000 in late June. […]

Bitcoin: USD/BTC (BTC=X) Long “squeeze up” could spark big reversal

Bitcoin: USD/BTC (BTC=X) Long “squeeze up” could spark big reversal

Bitcoin: USD/BTC (BTC=X) Long “squeeze up” could spark big reversal At press time, BTC/USD traded at around $6,600 amid considerable volatility, having bounced back after dipping to $6,430 — its lowest level in over seven months. Current levels are crucial for analysts, many of whom believed miners would defend $6,500, which constitutes a common production […]

Bitcoin: USD/BTC (BTC=X) continues to dial back gains

Bitcoin: USD/BTC (BTC=X) continues to dial back gains

Bitcoin: USD/BTC (BTC=X) continues to dial back gains Bitcoin continues to dial back gains seen in the last week of November amid a parabolic rise in bullish bets on the cryptocurrency. The premier cryptocurrency fell to $6,828 on Monday to print the lowest level since Nov. 25 and was last seen changing hands near $6,900, […]

Will Bitcoin: USD/BTC (BTC=X) drop further soon?

Will Bitcoin: USD/BTC (BTC=X) drop further soon?

Will Bitcoin: USD/BTC (BTC=X) drop further soon? Bitcoin (BTC) is currently trading at around $7,050 following a 6% decrease in price since last Monday. Over the past 24 hours, BTC is down close to 1%. BTC broke most of its support levels during a huge sell-off in November as the coin looked to be free […]

The Evolving Bitcoin: USD/BTC (BTC=X) Landscape in Argentina

The Evolving Bitcoin: USD/BTC (BTC=X) Landscape in Argentina

The Evolving Bitcoin: USD/BTC (BTC=X) Landscape in Argentina The temperature has steadily been rising in the Argentinian crypto space for several months of 2019, creating a clear timeline for the increased acceptance of bitcoin and other alternative assets. The nation’s economy and fiat currency have been especially wobbly since August 2019 as the stock market […]

Bitcoin: USD/BTC (BTC=X) whales get ever bigger, threatening increased volatility

Bitcoin: USD/BTC (BTC=X) whales get ever bigger, threatening increased volatility

Bitcoin: USD/BTC (BTC=X) whales get ever bigger, threatening increased volatility A closer look at bitcoin holdings data shows a potentially troubling trend among the anonymous accounts — increased consolidation among large owners. Investors with 1,000 to 1 million bitcoins, often referred to as whales, hold 42.1% of all bitcoin supply, up from 37.9% during the […]

Bitcoin: USD/BTC (BTC=X) feeling bearish pressure and could soon drop to historically strong price support below $7,100

Bitcoin: USD/BTC (BTC=X) feeling bearish pressure and could soon drop to historically strong price support below $7,100

Bitcoin: USD/BTC (BTC=X) feeling bearish pressure and could soon drop to historically strong price support below $7,100 Bitcoin is still feeling bearish pressure and could soon drop to historically strong price support below $7,100. The cryptocurrency fell 1.7 percent on Tuesday, reinforcing the bearish view put forward by the strong rejection above $7,600 witnessed over […]

Can Bitcoin: USD/BTC (BTC=X) really hit $100k? If so, then when?

Can Bitcoin: USD/BTC (BTC=X) really hit $100k? If so, then when?

Can Bitcoin: USD/BTC (BTC=X) really hit $100k? If so, then when? The Next Bitcoin Halvening There’s a clause in the monetary policy of Bitcoin which states that every four years (roughly), the rewards for mining new bitcoins is cut in half. Today miners earn an average of 1800 Bitcoins per day now, which will be […]

Bitcoin: USD/BTC (BTC=X) wild price swings subsiding

Bitcoin: USD/BTC (BTC=X) wild price swings subsiding

Bitcoin: USD/BTC (BTC=X) wild price swings subsiding With Bitcoin’s wild price swings subsiding over the past week, investors are now looking ahead to its next potential breakout. Bitcoin’s price has stabilized above its support level of the initial gap created on May 10, potentially marking a bottom for the largest cryptocurrency around $6,500. However, the […]

Bitcoin: USD/BTC (BTC=X) weekly chart is reporting a bullish golden cross

Bitcoin: USD/BTC (BTC=X) weekly chart is reporting a bullish golden cross

Bitcoin: USD/BTC (BTC=X) weekly chart is reporting a bullish golden cross Bitcoin’s longer duration chart is flashing a specific bull market signal for the first time in over three years.  On the weekly chart, the cryptocurrency’s 50-period moving average (MA) has crossed above the 100-period moving average, confirming what is popularly known as a “golden […]

Bitcoin: USD/BTC (BTC=X) Greater volatility isn’t attracting liquidity providers

Bitcoin: USD/BTC (BTC=X) Greater volatility isn’t attracting liquidity providers

Bitcoin: USD/BTC (BTC=X) Greater volatility isn’t attracting liquidity providers As the chart above shows, BTC/USD bid-ask spreads tend to widen in periods of high volatility. That’s normal, as market makers seek to profit from investors’ fear and greed. Compared with the second half of 2018, this year has been bumpy for bitcoin: the 30-day volatility […]

Bitcoin: USD/BTC (BTC=X) Faces Resistance Above $7,400 and Holds Bearishness

Bitcoin: USD/BTC (BTC=X) Faces Resistance Above $7,400 and Holds Bearishness

Bitcoin: USD/BTC (BTC=X) Faces Resistance Above $7,400 and Holds Bearishness The journey of Bitcoin through this year 2019 has been extremely volatile; the coin started at $3,000 and reached a high of $13,800. Bitcoin’s price seems to be stuck in the $7,000 range for more than two weeks and the pattern formed since then has […]

Bitcoin: USD/BTC (BTC=X) money laundering is a classically stupid crime

Bitcoin: USD/BTC (BTC=X) money laundering is a classically stupid crime

Bitcoin: USD/BTC (BTC=X) money laundering is a classically stupid crime Laundering money through bitcoin is a bad idea—not only because it’s illegal, but also because it leaves a permanent trail. Defendants have repeatedly been undone because they’ve relied on the cryptocurrency for some part of their nefarious activities. Sometimes, they’ve been arrested years after their […]

Bitcoin: USD/BTC (BTC=X) has created an inverted hammer on the daily chart

Bitcoin: USD/BTC (BTC=X) has created an inverted hammer on the daily chart

Bitcoin: USD/BTC (BTC=X) has created an inverted hammer on the daily chart Bitcoin experienced a strong rejection at key resistance Wednesday, weakening the short-term bullish outlook. The top cryptocurrency by market value quickly jumped from $7,200 to $7,800 during the U.S. trading hours on Wednesday, ending a low-volume pullback, as expected. The ascent, however, was […]

Bitcoin: USD/BTC (BTC=X) Is $6500 Incoming?

Bitcoin: USD/BTC (BTC=X) Is $6500 Incoming?

Bitcoin: USD/BTC (BTC=X) Is $6500 Incoming? The Bitcoin [BTC] investment rhetoric this year began with the ‘safe haven’ dialect. The trade war between the US and China heightened during Q2. Consequently, Bitcoin and gold, both regained over 150% and  18%, respectively. The downside post of September is also correlated with gold. However, the current macro […]

Bitcoin: USD/BTC (BTC=X) Increasing adoption, limited supply support price

Bitcoin: USD/BTC (BTC=X) Increasing adoption, limited supply support price

Bitcoin: USD/BTC (BTC=X) Increasing adoption, limited supply support price Bitcoin is winning the adoption race among crypto assets and is becoming increasingly scarce, which favors price appreciation. Plenty can go wrong with a nascent asset, but unless the basic premises reverse — mass adoption and fixed supply — there’s a higher probability to sustain price […]