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Why This Analyst Expects Bitcoin Price Consolidation After the Recent 15% Drop

Bitcoin faced a strong drop into Friday. The cryptocurrency, after peaking at $40,000, fell as low as $34,000 in a flash drop on Friday morning. The drop was odd because the cryptocurrency was strongly underperforming altcoins. Normally, during…
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Proper Altcoin Season While Bitcoin Drops Has Traders “Cautious”

The recent “altcoin season” playing out over the last several days while Bitcoin downtrends, has traders “cautious” about what could be next. As for what could possibly lie ahead that has crypto traders so fearful, is…
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Bitcoin’s Bear Case Suggests Move to $28,000 is a Possibility in the Near-Term

Bitcoin’s price action as of late has been quite ambiguous, with buyers and sellers largely reaching an impasse as BTC struggles to gain any decisive momentum The crypto did make an attempt to break above $40,000 yesterday, but the selling…
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Could Mt Gox Be The End Of Yet Another Epic Bitcoin Rally?

For nearly as long as Bitcoin has been trading, its existence has been a thorn in the sides of crypto investors everywhere. And starting today, new investors in crypto may soon find out why veterans cringe when they hear the name: Mt. Gox. Find…
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Bitcoin Just Reached this “Key Zone” — Here’s What Analysts Say Comes Next

Bitcoin’s price has been on a roller coaster of a ride throughout the past couple of weeks After rejecting above $40,000, the cryptocurrency faced massive inflows of selling pressure that sent it reeling down to lows of $30,000 The support…
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Bitcoin Just Passed $37k—and Analysts Say the Bottom May Be In

Bitcoin has undergone an extreme rally over the past day, surging from the $33,000 region past $37,000 as of this article’s writing. The cryptocurrency now sits above $37,000 for the first time since the weekend and is up 10% in the past…
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Billionaire Investor Mark Cuban: Bitcoin Market Looks Like Dotcom Bubble

Bitcoin has seen immense volatility over the past few weeks, slingshotting between key support and resistance levels on a daily basis. Monday’s price candle alone had an $8,000 range, which is the largest ever. just the ol 8k daily range…
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Bitcoin Finds Support Despite Aggressive Spot Selling; Bull Case Grows

Bitcoin has faced some massive selling pressure throughout the past few days and weeks, with buyers losing their edge over the market as sellers target further downside This weakness caused the crypto to dip all the way down towards $30,000…
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Room to Rally: Bitcoin’s Risk-Adjusted Returns are Steady at 6 Year+ Levels

Bitcoin has been on a tear throughout the past few weeks, with its price action heating up as bulls try to flip $40,000 into a support level If the crypto continues holding above this previous resistance, it could allow for significantly further…
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Elon Musk Jokes He Is Never Turning Down Getting Paid In Bitcoin

For years, Bitcoin investors have been asking Elon Musk, CEO of Tesla and SpaceX, if they can buy cars or tickets to Mars with the leading cryptocurrency. It’s become somewhat of a recurring meme, where whenever Musk mentions Bitcoin or…