, , ,

Analyst Eyes 10% Bitcoin Price Expansion as Volatility Creeps Closer

If you’ve followed the price of Bitcoin (BTC) at all over the past few weeks, you know there is a large lack of volatility. In fact, for the past 20-odd days, the leading cryptocurrency has been stuck in an effectively 8% range — something…
, , , ,

Bitcoin (BTC) Price Hesitates But Fresh Rebound Seems Likely

Bitcoin price is currently trading in a range below the $8,400 resistance area against the US Dollar. The price remains well supported on the downside near $8,200 and $8,150. There is a new breakout pattern forming with resistance near $8,400…
, , , , ,

Wyckoff Logic Suggests Bitcoin Markdown Has Only Just Begun

At the end of September 2019, Bitcoin broke down from a triangle pattern that it had been trading in throughout the summer months, putting an end to a rally that first began in the Spring. The entire cycle from Bitcoin’s bear market bottom…
, , ,

US Senators Coercing Libra Partners is Un-American: Coinbase CEO

Facebook’s plan to launch Libra came under further pressure after its partners Visa, Mastercard, Paypal, and Stripe announced that they were leaving the digital currency project. And as it turned out, there was some political pushing involved. Senator…
, , , , , , , ,

G7: Crypto Stablecoins Like Libra Threaten Financial Stability, But Not Bitcoin

It comes as no surprise that Facebook is still on the receiving end of regulatory pressure from global economies. The social media giant has done the crypto industry few favors as all eyes are now on stablecoins and the outlook for them is predictably…
, , , ,

Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So

As reported by NewsBTC yesterday, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate above $8,500. Some say that this non-volatility is an indicator that this market may soon…
, , ,

Bitcoin Forms Coveted EMA Bull Cross Amidst Early Morning Surge

After drifting lower throughout the day yesterday, Bitcoin’s bulls have attempted to push the cryptocurrency higher and have been able to propel BTC’s price above its 20-day EMA for the first time in over a month. Today’s tempered…
, , , , , , ,

Bitcoin Poised For Another Breakout as It Clings to Support, Which Way Next?

Bitcoin has spent the past two weeks consolidating just below the 200 day moving average. So far it has managed to cling to support above $8,000 but a big move could be coming soon so which way will it go next? Bitcoin Trading Range Tightens Another…
, , ,

Fun Fact: Bitcoin Price is Up 838,000,000% in Ten Years’ Time

Since its birth in 2009, Bitcoin has been on a remarkable run. The cryptocurrency was at first a currency for the fringe — used by those that wanted to bypass the pitfalls of traditional payment solutions, wanted to make a bet on the future…
, , ,

Bitmain CEO Claims Bitcoin Halving May Not Spark Bull Run

Analysts and investors alike have long looked towards Bitcoin’s halving as a potential catalyst that could spark the next massive parabolic rally and usher in a new era of growth for BTC and the aggregated crypto markets. It is important to…