Bull

Bitcoin Bull Narrative Gains Strength as Key Sell Signal Dissipates

As reported by NewsBTC just days ago, the opening month was harrowing for Bitcoin (BTC) for one reason: the open of the December candle for the cryptocurrency’s price triggered a “sell” signal on the Market God v7 indicator, designed by crypto analyst Thies. The analyst remarked that he designed the indicator to “eliminate” emotion from his […]

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If Bitcoin Prices Loses $7,900 on Weekly, the Bull Market May End

Over the past day or two, Bitcoin (BTC) has started to settle in a price range, the low-$8,000s. As it stands, the crypto market seems somewhat directionless, stuck between resistances and supports above and below its current price. However, it is important to note that Bitcoin is moving very near to a key historical level […]

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Bitcoin Bull Run To Start On Thursday After Difficulty Adjustment

As you may recall, last week Bitcoinist published an article regarding an analysis of Bitcoin difficulty adjustment by PlanB. The upshot of the analysis was that the previous 7% difficulty reduction could actually signal the start of a major bull-run… if followed by a significant increase. At the time of PlanB’s analysis, a 4% increase […]

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Bitcoin Open Interest May Act as Rocket Fuel for Explosive Bull Movement

Bitcoin (BTC) has been caught in a period of sideways trading over the past several days and weeks, as it has been unable to garner any significant and sustainable upwards momentum in spite of the strong support that it has established at $8,700. Bitcoin’s open interest, however, may point to an underlying strength for the […]

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Why Bitcoin Needs to Flip $9,700 Into Support to Support Bull Case

While Bitcoin (BTC) is around 17% lower than its local top of $10,500 established late in October, many analysts have concluded that the bull case for the cryptocurrency market is brewing once again. In fact, an analyst recently floated a prediction that the BTC price could reach as high as $11,500 in a few weeks’ […]

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Was a Lone Whale Really Behind Bitcoin’s 2017 Bull Run? Don’t Bet on It

“Ignorance is the parent of fear.” — Herman Melville, Moby Dick In July 2019, John M. Griffin and Amin Shams, academics from the University of Texas and the University of Ohio, respectively, published the cleverly titled report “Is Bitcoin Really Un-Tethered?” Their “findings” echoed through mainstream and cryptocurrency media alike. The duo boldly claimed that […]

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Bitcoin Whale Single-Handedly Caused The 2017 Crypto Bull Run – Report

Bitcoin’s astronomical surge in 2017 was possibly triggered by market whales as suggested by a Texas academic. Interestingly, a new theory is now surfacing that it was a single market whale who was responsible for causing the huge upsurge in price.  Bitfinex and Tether Responsible for 2017 Bull Run Per claims by the University of […]

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John McAfee’s $1M Bitcoin Prediction Mirrors 2013-2014 Bull Market

The extremely bullish prediction of John McAfee that Bitcoin (BTC) will reach $1 million in 2020 could be based on how the asset’s price action developed during the 2013-2014 boom. Bitcoin Rose on Mt. Gox Activity Back then, BTC picked up in earnest, posting its first-ever four-digit price. Bitcoin price moved up from the $100 […]

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Bitcoin (BTC) Surges to $9,700 Ahead of Weekly Close: Building Bull Case

Bitcoin (BTC) bulls have started to push the cryptocurrency markets into the weekly close, which is set to take place around four hours after this article is published. As of the time of writing this, the leading cryptocurrency is trading for $9,700 — up some 10% from Saturday’s low of $8,900. Altcoins have largely followed […]

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Bitcoin’s Secular Bull Market May Have Ended, Long Term Bear Incoming?

As soon as Bitcoin broke up and out of the trading range where the current bottom was set, the cryptocurrency community was certain it spelled the end to the bear market, and that Bitcoin was entering a new bull run – one that would take it to its next all-time high at prices predicted to […]

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Bull Trend May End of Bitcoin Price Falls Under $7,800, Indicator Shows

Over the past few days, Bitcoin (BTC) has started to settle in a price range, the low-$8,000s. For now, the cryptocurrency seems directionless, stuck between resistances and supports above and below its current price. However, it is important to note that Bitcoin is moving very near to a key historical level — one that may […]

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Next Bull Market Will See Bitcoin Realize It’s Full Potential

Around 99% of internet stocks met their demise during the 20-year long dot-com bubble. A few handfuls went on to achieve trillion-dollar market cap valuations, paving the way for a ‘real bull market’. Crypto markets will face the same fate, with Bitcoin being one of the ‘handfuls’. In a Bloomberg opinion piece today, bitcoin bear […]

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Bitcoin Bull Pomp: I Would Tokenize The US Dollar Immediately

Morgan Creek Digital co-founder and serial bitcoin bull, Anthony Pompliano, said that he would tokenize the dollar immediately if he was the US government. This is the only way that it might retain its status as a world reserve currency, he suggested. However, he still thinks that people will ultimately choose bitcoin, as a currency […]

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Data Shows Bitcoin Price Poised for Gargantuan Move; Analysts Push BTC Bull Thesis

In June, Bitcoin (BTC) had hit its stride once again, seeing +5% days on top of +5% days. At the time, many traders thought this sort of price action would continue. And could you blame them? After 2018’s brutal bear market collapse, traders were thirsty to see green in their portfolios, even craving said green […]

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Bitcoin Price: Longer The Range Stronger The Next Bull Run

The tight, range-bound bitcoin price action of the past three months is leading analysts to conclude that a strong bull phase is imminent. Range-bound Bitcoin Price Due for a Leg up According to bitcoin trader “Crypto Michaël,” the longer the current sideways accumulation continues for BTC, the stronger would be the next bull run for […]

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Bull Bitcoin Joins Blockstream’s Liquid Exchange Network

Liquid adds another exchange to its collection of global partners.

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Bitcoin’s Next Bull Run May Be Sparked By S&P 500 Uptrend, Claims Analyst

Bitcoin (BTC) has been facing a long bout of consolidation ever since it was rejected at its 2019 highs of $13,800 earlier this summer. Simultaneously, the equities markets have also faced a period of consolidation throughout 2019, after trade tensions and global political instability slowed the market’s meteoric ascent. It is important to note that […]

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Is Bitcoin Price Preparing To Mirror 2017’s Bull Run?

Bitcoin price has posted positive returns every quarter this year till date. Last time this happened, we saw BTC hit $20,000 in 2017. Is bitcoin preparing to repeat history then?  Bitcoin Hit Green in All Quarters This Year Bitcoin is quietly inching towards the $11,000 price mark, as the contents of this piece are being […]

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Ex-Federal Reserve Chair Basically Called a Bitcoin Price Bull Run

This year, Bitcoin (BTC) has done astonishingly well. Year to date, the cryptocurrency’s price has gained some 200%, surging off an influx of positive news and the start of a new hype cycle. Simultaneously, central banks have put their noses to the grindstone, activating dovish monetary policies across the board. There is now over $17 […]

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Monthly Bitcoin Lows Demonstrate How Strong The Next Bull Market Will Be

From the moment 2019 began, Bitcoin has been on a steady rise upward. And while it began as a slow trickle, the crypto asset soon after starting moving like a rocket. Eventually, that rocket ship took a pit stop to refuel and has been consolidating in a tight trading range. However, Bitcoin price has failed […]

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Crypto Analyst: Bitcoin Price Drop Below $10,000 Was a Bull Trap

Last week, Bitcoin price fell below $10,000 yet again, and with the break of support, much of the market turned bearish and began calling for lows around $8,000 to be tested. However, before the long Labor Day weekend concluded, Bitcoin price was back well above $10,000, and is already closing in on $11,000 not even […]

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Bitcoin Bull Jack Dorsey’s Twitter Hack Is a Wakeup Call for Crypto Security

Yesterday, the CEO of Twitter and Square Inc., and staunch Bitcoin and crypto supporter, Jack Dorsey, had his personal Twitter account hacked by the way of a SIM-swap attack and SMS-based backdoor. The hack demonstrates that even the CEO can have his own company’s highly-valuable personal account compromised, and is a painful reminder that if […]

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Bitcoin Bull Run “Guaranteed”: Federal Reserve Expected to Cut Rates Into 2020

For both those involved in Bitcoin and traditional markets, all eyes have been on the Federal Reserve over the past few months. Related Reading: Bakkt Physically Settled Bitcoin Futures Product to Launch in September Many analysts claim that whatever the American monetary authority decides to do with monetary policy will dictate the direction for global […]

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