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Large Bitcoin Holders Just Moved 80,000 BTC; Analysts Grow Cautious

October 24, 2020

Bitcoin is in the process of testing its 2020 highs again as bulls attempt to take the reins and guide it to see further upside It has been struggling to …

bitcoin

This Technical Indicator Suggests Bitcoin Has Formed a Local Top

October 23, 2020

Bitcoin’s price is seeing a slight consolidation phase as it trades around $13,000 The selling pressure around $13,200 has proven to be significant but bears inability to spark any significant …

bitcoin

Bitcoin Must Consolidate Above This Key Level, Or Risk Plunging to $11,900

October 23, 2020

It has been a wild past few days for Bitcoin and the aggregated cryptocurrency market Bitcoin has been able to post consistent gains throughout as of late, with buyers and …

bitcoin

The Best Place to Short Bitcoin is Above $14K, Analyst Explains Why

October 23, 2020

Bitcoin bulls will enjoy domination over the market until its price breaches the $14,000-mark, according to Eugene Loza of EXCAVO. The independent market analyst wrote in his note to investors that …

bitcoin

How Bitcoin Breaks $20K: The Answer Lies in Gold-M2 Correlation

October 23, 2020

Bitcoin bulls have repeatedly claimed that the cryptocurrency price will hit $20,000 shortly. While many analysts believe it would happen, some disagree. Popular crypto bull Joe007 said earlier this week …

bitcoin

Bitcoin Creates Strong Tailwind as Traders Rotate Capital into Altcoins

October 23, 2020

Bitcoin’s price has begun consolidating following its immense surge seen throughout the past 48 hours Yesterday afternoon, it rallied as high as $13,200 before it found any strong resistance that …

bitcoin

Investors are More Interested in Bitcoin Than Stocks: TD Ameritrade

October 22, 2020

A news segment on TD Ameritrade Network portrayed Bitcoin as a better investment than the US stocks. Lead anchor Oliver Renick, at the end of his six-minute-long market wrapup, claimed …

bitcoin

PayPal Didn’t Shoot Bitcoin Above $13,000, Analyst Explains Why

October 22, 2020

On Wednesday, Bitcoin logged a supersonic bull run, hitting $13,000 for the first time in 15 months. The rally started after PayPal announced its foray into the cryptocurrency sector, leading …

bitcoin

Here’s Why This Break Above $12,000 is Different from Past Bitcoin Rallies

October 21, 2020

Bitcoin’s price has seen some significant momentum throughout the past few days The cryptocurrency is currently trading at the highest price it has been at since before the summer rally …

bitcoin

PayPal Forays into Crypto Market as Bitcoin Price Explodes Past $12,400

October 21, 2020

Bitcoin is now trading at the highest price seen in well over a year, with bulls aiming for $13,000 as its strong uptrend gains momentum Today, news regarding PayPal’s foray …

bitcoin

Bitcoin Overbought Above $12K But Analysts Understate Drop Fears

October 21, 2020

Bitcoin rose above $12,000 on Wednesday for the first time since August 2020 but signaled an imminent price correction as it entered a so-called “overbought” area. The readings on Bitcoin’s …

bitcoin

Bitcoin Crosses $12K as Pelosi and Mnuchin Near Stimulus Deal

October 21, 2020

Bitcoin rose on renewed optimism for the second coronavirus stimulus package, while the US dollar plunged. House Speaker Nanci Pelosi said a bill for the compromised aid is on the …

bitcoin

Bitcoin Reaches Multiple Key Resistance Levels; Will They Spark a Selloff?

October 20, 2020

Bitcoin’s price has reached multiple key levels as a result of its latest push higher This rally came about rather unexpectedly overnight and drove many altcoins to see immense losses …

bitcoin

Bitcoin Explodes Towards $12,000 as Altcoins Plunge; What Analysts are Saying

October 20, 2020

Bitcoin has been sucking the air out of altcoins for the past few hours, with its price rallying significantly as Ethereum and other altcoins all sell-off This rally has sent …

bitcoin

One More Crash Required Before Bitcoin Hits $20K: Analyst

October 20, 2020

Bitcoin remains at risk of crashing below $10,000 even as its long-term fundamentals look incredibly bullish. The benchmark cryptocurrency could fall into the $8,000-8,500 area, according to a trade setup …

bitcoin

Bitcoin Breaks $11.8K on Jerome Powell Speech; Is Rally Sustainable?

October 20, 2020

A Jerome Powell speech on central bank digital currencies (CBDC) was enough to decouple Bitcoin from traditional asset markets. The benchmark cryptocurrency surged above $11,800 in the hours leading up …

bitcoin

Bitcoin Shatters Key Resistance as Bulls Attempt to Take Out “Pivotal Level”

October 19, 2020

Bitcoin saw a strong upsurge this morning that allowed it to break above its $11,600 resistance level This resistance has been suppressing its price action throughout the past few days …

bitcoin

Analyst Claims Bitcoin Unlikely to Gain a Trend Until 2 Key Events Occur

October 19, 2020

It has been a rocky past week for Bitcoin, as the cryptocurrency has primarily been subjected to a bout of sideways trading Its inability to gain any trend is likely …

bitcoin

Bitcoin And Crypto Market Roundup For The Week Gone By

October 19, 2020

Bitcoin has shown resilience over the past week, holding firm above the newly conquered $11,000 level as cryptocurrency exchange OKEx suspends withdrawals, sending a tremor through the market. Despite falling …

bitcoin

75% Chance Bitcoin Breaks Bullish Towards $12K, Analyst Asserts

October 19, 2020

There is a 75 percent possibility that Bitcoin breaks bullish out of its ongoing consolidation pattern. According to independent analyst Vince Prince, the benchmark cryptocurrency is making “marginal” upside movements …

bitcoin

Bitcoin Weekly Outlook: More Turbulence Expected on Mixed Economic Data

October 19, 2020

Bitcoin managed to close the previous week in green as a slightly optimistic economic data in the US lifted demand for the US dollar. The cryptocurrency and the greenback have …

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