Bitcoin has struggled to break past the critical $100,000 level for the past week, but market analysts suggest bullish sentiment.
Currently, Bitcoin is trading at $58,900, its lowest level since May 3 and sentiment is in the “Fear” zone after BTC lost $60K.
Amid the biggest bear market we’ve all seen since Bitcoin hit an all-time high of over $65,000 in early November, the Republic of El Salvador has announced yet another purchase of 150 Bitcoin (BTC). El Salvador Buys The Dip Again The President of El Salvador, Nayib Bukele made the announcement of the purchase, via his […]
Most of the crypto-space is split between Bitcoin and Ethereum, and that they might be forever. The talk about will Ethereum flip Bitcoin is an ongoing one and there are some people that will never throw in the towel to the fact of it. what’s the fact you ask? Well, that’s what we are answering […]
The Bank predicts a long-term price target of $146,000 for Bitcoin Price and expects investors to pull money out of gold. Bitcoin price is expected to take advantage of the money outflow from the gold market, says JPMorgan. One of the world’s leading investment banks mentioned in a note that the long-term price target of […]
As the world welcomes the New Year with hope and optimism, Bitcoin closed the fourth quarter of 2020 on a very high note. According to data from the team at Unfolded, Bitcoin price experienced 168.78% in returns during the fourth quarter of 2020. Furthermore, the last three quarters of 2020 have been profitable for Bitcoin […]
The price of BTC surged past $32,000 as buyers on Coinbase aggressively accumulated BTC. Coinbase has seen a large spike in buyer activity overnight as the price of Bitcoin (BTC) surpassed $32,500 on Jan. 2. Analysts say the trend was reminiscent of MicroStrategy’s Bitcoin accumulation, possibly fueled by institutional buy orders. As a result, BTC […]
The king of cryptocurrencies has been on a steady upward trajectory for the past few months. It has successfully tested various resistance levels. At the time of writing the king stands at $31K+. In the past 24-hours, the king saw some high levels of fluctuations dropping to around $28,799 and then peaking at the current […]
The price of bitcoin value has crossed a new all-time high on Saturday morning (EST), spiking over $31k per coin. At around 8:43 a.m., bitcoin’s price climbed to $31,417 per unit with roughly $12 billion in global trade volume. Bitcoin (BTC) has surpassed the $31k price zone and has jumped very close to the $32k […]
The Tom Demark (TD) Sequential indicator has proven to be essential in determining Bitcoin’s price action. This technical index was able to predict the most significant exhaustion’s points on BTC’s 1-day chart over the last three months – Bitcoin Crash to $3.6k in March Is Screaming Sell Again. In mid-February, for instance, when the flagship […]
Bitcoin halving is expected to happen in 7 days and analysts have very different opinions on possible BTC price movements after the event. It said that the price may drop. Even though we were witnessing Bitcoin rally in the last few days, it seems that we came to the history repeating – meaning the pullback. […]
A user poll conducted by Kraken has revealed that most traders are expecting Bitcoin (BTC) to break into new all-time highs before 2021. The poll analyzed the responses of 400 “VIP” crypto traders on Kraken: 41% of respondents described themselves as “investors”, 40% identified as “traders”, and 15% as “institutions” — with the remaining 4% […]
Bitcoin price was at about $6,500 yesterday, having the steam for rises from $5,800. The equity markets are under pressure, while cryptocurrency shows strength. Now, Bitcoin looks much better, as more people google what it is and buy the coins. Who will win in a longtime battle for worldwide liquidity provider status? Since yesterday, Bitcoin […]
The Bitcoin (BTC) price premium in Lebanon is now over 50% with the average price quoted by peer-to-peer (P2P) sellers reaching $15,000. Lebanon Bitcoin Price Premium Continues to Rise According to data from P2P BTC trading platform Localbitcoins, the Bitcoin price premium in Lebanon is still on the rise, with sellers demanding as much as […]
As Jan 2020 comes to a close, Bitcoin BTC Price is up 32% this month. As one analyst points out, if this continues every month, BTC will reach $152,000 by the end of the year. Bitcoin BTC Price Is Up 32% This Month In a tweet that garnered thousands of likes and replies yesterday, Bitcoin […]
The premium of bitcoin on Bitfinex has dissolved in recent months. It is trading at a similar price range as spot exchanges and the last time it did, which was in August 2019, a brutal correction followed. There are many factors at play when bitcoin often enters a short-term bear market. Hence, it is premature […]
Bitcoin is showing first signs of a weakening upside momentum as traders adjust their sentiments near key resistance areas. Bitcoin Fall Ahead? The benchmark asset on Wednesday plunged by up to 3.15 percent in what appears to be a corrective action. The move downhill prompted it to establish an intraday low of $8,202.57 on Coinbase. […]
Bitcoin broke a couple of important hurdles near $7,500 and $8,000 on the bitcoin daily chart against the US Dollar. BTC price action indicates a strong rise towards $9,100 or even $10,000. Bitcoin price surged $500 and settled above the key $8,000 resistance against the US Dollar. A new 2020 high is formed near $8,464 […]
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