, , , , , , , , ,

Ex-Fed Chair Yellen Rants Against Bitcoin: “I Am Not a Fan”

Janet Yellen, former Chair of the Federal Reserve, shared her dislike of Bitcoin in a five-minute speech at CFA Montreal. The ex-central banker mentioned its little transactional volume, connection to terrorist activities as well as money laundering,…
, , , , , , , ,

Crypto Volatility Woes Over? Bitcoin and Ethereum Stable for Over a Year

Word is, Bitcoin is the new stablecoin. Indeed it has, and behind this observation are solid metrics and research findings. Recently, the Chicago Board Options Exchange (CBOE) released their findings demonstrating that Bitcoin volatility is…
, , , , , ,

Bitcoin (BTC) Price Watch: Sellers Waiting at Area of Interest

Bitcoin Price Key Highlights Bitcoin price continues to trade inside its descending channel on the 1-hour time frame. Price looks ready for a pullback to the resistance and the Fib retracement tool shows where sellers might be waiting. Technical…
, , , , , , ,

Bitcoin Volatility Hits 17-Month Low, What’s Next?

Bitcoin’s volatility rates have hit a 17-month low, due to a combination of a slow news cycle and low trading volume, leading some investors to believe that the lack of volatility could signal a maturing market. Despite this, debate remains…
, , , , , ,

Bitcoin (BTC) Price Watch: New Bullish Channel Forming

Bitcoin Price Key Highlights Bitcoin price is forming higher highs and higher lows inside an ascending trend channel on the 1-hour chart. Price just bounced off the channel bottom and may be due for a test of the resistance at $6,600. There…
, , , , , ,

Bitcoin (BTC) Price Watch: Bearish Wedge Breakout

Bitcoin Price Key Highlights Bitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards. Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling…
, , , , , ,

Bitcoin (BTC) Price Watch: Tight Battle Between Bulls and Bears

Bitcoin Price Key Highlights Bitcoin price is currently consolidating in a short-term symmetrical triangle visible on the 1-hour chart. The breakout could set the longer-term direction for bitcoin as it nears a key support area. Technical indicators…
, , , , , , , , ,

Bitcoin Price Watch: BTC/USD Buyers Could Struggle Near $6,620

Key Points Bitcoin price slowly recovered after trading as low as $6,249 against the US Dollar. There is a bearish flag forming with current resistance at $6,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely…
, , , , , ,

Bitcoin (BTC) Price Watch: Nearby Inflection Points to Watch

Bitcoin Price Key Highlights Bitcoin price continues to crawl higher and is moving closer to completing its double bottom. Once completed, price would need to break past the neckline at $8,400 to confirm a long-term uptrend. Corrections from…
, , , , , ,

Bitcoin (BTC) Price Watch: Don’t Miss This Bullish Pullback

Bitcoin Price Key Highlights Bitcoin price is trending higher inside an ascending channel on the 4-hour chart and is testing the top. A pullback to support might be due from here, so as to gather more bullish energy on the climb. The uptrend…