Based on historical patterns, Bitcoin’s price could go through a narrow price range, soon before the block reward halving. BTC remains unpredictable, yet past analysis shows a certain trend. Convergence to S/F Pattern Could be Caused by Reward Halvings Bitcoin price will most probably move in the $14,000 – $20,000 price window around May 2020, […]
According to regression models and historical precedent, the upcoming bitcoin halving will boost the market price. So why isn’t that already priced in?
The Bitcoin (BTC) price is once again in a lull-like state, having seen barely any bouts of volatility over the past few days. Due to this, trend indicators have begun to tighten, as has volume, signaling to many that volatility is inbound. While this impending bout of volatility could easily bring BTC back down to […]
Triangle breakout fails to stir up action as expected. Bitcoin remains to be bound in a wide range between $9,600 and $9,000. Bitcoin appears to be nurturing a bullish momentum towards the end of the European session on Monday. The action follows a mundane trading session over the weekend. The best that Bitcoin did was […]
Ethereum price is trading nicely above the $180 support area against the US Dollar. Bitcoin price is down more than 2%, but it is trading well above the $9,000 support area. There was a break above a connecting bearish trend line with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken). […]
Ether flipped bullish, gaining 24% as Bitcoin rallied 42% on Oct. 25. The altcoin now aims for $200. On Oct. 25 Bitcoin (BTC) unexpectedly gained 42%, one of the largest daily gains witnessed since 2011. A number of altcoins benefitted from this startling upside move and Ether (ETH) rallied 24.23% alongside Bitcon. Daily crypto market […]
CoinDesk’s Brad Keoun talks to Arca’s investment head about recent bitcoin price activity.
Ethereum has plummeted lower today concurrently with Bitcoin’s drop below $8,000, which points to an underlying bearishness for the aggregated crypto market and may mean that significantly further losses are in store for ETH before it is able to find support and climb higher. One analyst is now noting that Ethereum is caught in a […]
Over the past few months, the price of Bitcoin (BTC) and other cryptocurrencies have been heavily languishing. Since the $14,000 peak established in June, BTC has collapsed by nearly 50%, falling all the way to $7,700 at the multi-month low. Related Reading: Analyst Eyes 10% Bitcoin Price Expansion as Volatility Creeps Closer Despite this harrowing […]
Another day has passed with very little activity on Bitcoin markets. The king of crypto continues to consolidate as its trading channel tightens up in anticipation of another big move. Technical indicators may give us a clue as to which direction BTC will take next. Another Week at Support For Bitcoin Weekends are usually pretty […]
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 day has seen Bitcoin bounce between $8,300 and $8,400 […]
On Oct. 9 Bitcoin price rallied 5% to notch a 2-week high at $8,715. Traders now must push BTC above the 200-daily moving average and set a higher high above $9,780. On Wednesday morning Bitcoin perked up and punched above the $8,300 resistance during the U.S. trading session. Daily crypto market data. Source: Coin360 The […]
ETH price started trading in a range after it failed to surpass the $185 resistance against the US Dollar. The price is currently trading below the key $180 and $185 resistance levels. There is a key contracting triangle forming with resistance near $180 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair […]
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 […]
After a long period of consolidation around the $10,000 level, Bitcoin’s bulls ran out of fuel and surrendered to bears, which has subsequently led BTC’s price to plummet lower as it begins cutting deeply into the gains it incurred throughout the first half of 2019. Now, analysts are noting that there is a decent chance […]
The millennial-focused SoFi will offer trading in bitcoin, ethereum and litecoin next Tuesday and source its liquidity from Coinbase.
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 […]
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 […]
Bitcoin price is closing in on $11,000 after a period of extreme volatility. Last week, the crypto asset fell below $10,000 in what many are calling a bear trap, and quickly bounced from lows around $9,400 back up the current price of $10,900 where it is currently trading. Along the way back up, yet another […]
The altcoin market is currently in crisis mode, with most of the various individual crypto assets outside of Bitcoin reaching new yearly lows, and in general, bleeding out all remaining value generated during the 2017 crypto hype bubble. Crypto investors are capitulating, but many are still hopeful that one day the altcoins they hold will […]
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 […]
The market chop and consolidation has continued for bitcoin today and analysts remain on the fence as to where it is likely to go next. The trading range is getting tighter however so a breakout could be imminent. Bitcoin Holding Fast at $10k Over the past 24 hours BTC has traded between $10k and $10.2k […]
Coinone’s Malta-based cryptocurrency exchange will cease its operations next month, for reasons unknown, according to an announcement posted on its official website. CGEX, the Malta subdivision of the South Korean cryptocurrency exchange, displayed a notice on its website stating that the site will terminate all its service from September 18, 0200 UTC. Following the date, […]