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Bitcoin Investors Still Bullish: Data Indicates Almost 80% Remain Long on BTC

According to data from DailyFX, almost four out of five Bitcoin (BTC) investors remain long on the number one digital asset by market capitalisation. This analysis runs contrary to the price performance of Bitcoin over the last twelve months. The…
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Analyst Predicts Bitcoin will Bottom Out after Plunging 85% Since ATH

Bitcoin will bottom out after totaling a plunge of 85% since its all-time high, says Anthony Pompliano. The Morgan Creek Digital Partner told CNBC during a grilling interview that it is normal for Bitcoin to undergo bear cycles every once a…
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BitPay CEO: Fidelity and Bakkt Will Drive Next Major Bitcoin Rally

The chief operating officer of global bitcoin payment service BitPay is not worried about the latest downward moves in the price of the largest cryptocurrency by market capitalization. Sonny Singh expects Bitcoin to surge towards the $15,000-$20,000…
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Are We There Yet? When Will Crypto Markets and Bitcoin Hit The Bottom

When things go south in crypto land it happens fast, a digital avalanche sweeping away everything that stands in its path and blasting most of digital coins into oblivion. This weekend’s exodus has been a third wave of selling which has resulted…
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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,…
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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…
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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…
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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…
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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…
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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…