Tag: BTC Price

The May 2020 Bitcoin halving might not have such a dramatic effect on Bitcoin’s price. According to Meltem Demirors, the chief strategy officer of CoinShares, the popularity of the Bitcoin derivatives market means that the price of the underlying asset is becoming less relevant, which will keep it in check even after the halving. Institutions […]

Most of the liquidations that occurred on BitMEX on December 18 were short contracts. It shows that over-leveraged shorts were squeezed out, pushing the bitcoin price up so quick in a short time frame. 70% of BitMEX liquidations were shorts According to Skew Research, the overwhelming majority of bitcoin contract liquidations on BitMEX were shorts. […]

As the BTC/USD quotation updated the lowest level since May of this year, institutional investors were in a rush to benefit from the cheap Bitcoin price. On Bakkt, the trading volume of Bitcoin futures surged to $47 million on Wednesday. Bakkt’s Surging Volume Suggest Investors’ Interest in Cheap Bitcoin Price Crypto analysts have voiced various […]

Bitcoin Black Friday – Bitcoin Price is crashing in real-time and nothing can stop the market from experiencing new lows. The price has finally reached its pre-Xi comments levels, though the bears are so strong that it has already broken below those levels. Bitcoin Black Friday – Bitcoin Price Dangerously Close to Breaking Below $7k […]

After three months of consolidating, Bitcoin price broke down from the triangle formation it had been trading in. The fall took Bitcoin from over $10,000 to under $8,000 in less than 48 hours. According to one crypto analyst, price action is mimicking the behavior and movements that took place within the triangle formation Bitcoin broke […]

According to many experts, the US economy could suffer another crack with the market indicators suggesting a potential recession at bay. Despite Federal Reserve Chairman, Jerome Powell asserting that US economy was in “a good place”, developments suggest the contrary. The most prominent ones being incessant trade and currency war with China, President Donald Trump, […]

Bitcoin’s fall over the last few days has emboldened bears to come out of hiding. BTC Can Drop to Anywhere from $7,000 to $0 Say Bitcoin Price Analysis Calls for a plunge to $7,000 and below are overwhelming social media channels. It appears that in one bearish push, all the hard work that the bulls […]

Bayern LB, one of Germany’s top banks, has published a report in strong support of bitcoin superseding gold, predict bitcoin price of $90,000 per BTC post bitcoin’s halving in 2020. Within a report entitled, “Is bitcoin outshining gold?” the bank’s researchers delved into the stock-to-flow ratios of gold and bitcoin, specifically regarding the impact of […]

Bitcoin dropped 20 percent in the past week. Analysts say they know who is responsible for Bitcoin Price Crash. A report by JP Morgan Chase & Co Friday said the underwhelming launch of ICE’s Bitcoin futures contracts exchange, Bakkt, is responsible for Bitcoin’s latest price crash. The project’s price fell off a cliff last week, […]

Bitcoin (BTC) has already dispelled myths – bitcoin hash rate suffered a 40% drop this week, reaching new all-time highs just days afterwards. What Bitcoin hash rate crash? As data from monitoring resource Coin Dance confirms, after the hash rate metric dipped from 104 quintillion hashes per second (h/s) to 57 on Sept. 23, it […]

Anyone expecting a new record high bitcoin price all time High by the end of the year is likely to be disappointed. Based on the previous cycles of BTC price activity, we probably won’t see bitcoin smash back through $20,000 before at least May 2020. The reason is simple: Bitcoin has never recaptured an all-time […]

Bears are back. After a multi-month long consolidation period, Bitcoin (BTC) finally broke down earlier this week, quickly losing all semblance of a bull trend in a spectacular fashion calls Bitcoin Price Bubble. For those who missed the memo, within a few hours’ time, the leading cryptocurrency had fallen from five digits — $10,000 — […]

Bitcoin price USD has lost over 15% since Monday, though the biggest part of the decline happened yesterday. Interestingly, the US stock market crashed a few hours before the BTC drop. Is there any correlation? S&P 500 Shows Biggest Monthly Drop Tuesday was not a sad day for Bitcoin holders only. On September 24, just […]

A giant Bitcoin transaction – possibly a sell-off – caused Bitcoin Price Plunge to lows of under $8000 on September 24. Byte Tree: Exchange Triggered Bitcoin Price Plunge ‘Short Term Panic’ That was the conclusion of monitoring resource Byte Tree, which provided fresh data for the past 24 hours’ trading activity on Wednesday. The theory […]

Cryptocurrency market collapsed yesterday with a huge drop in Binance BTC at 1800$ price, and all major altcoins also suffered double-digit losses. In the middle of this, The real shocking news cames from Binance BTC Price, where the proprietary stablecoin of the exchange – Binance USD(BUSD) faced a flash crash. This crash against BTC for […]

Bitcoin prices (BTC) is heading to $4,000 after breaking support to trigger a sudden bear market, says one of its most prominent critics. Gold bug pounces on Bitcoin prices drop In a tweet on Sept. 24, gold bug Peter Schiff returned to bashing Bitcoin as it fell from $9,700 to a low of $7,990 in […]

Bitcoin’s price action has proven to be quite bearish as of late after it failed to hold above its key support level around $10,000. The Bitcoin drop below this level has led BTC to a key support level in the $9,000 region, and a failure to hold above this support level could lead to a […]

Hello, volatility! While it has been only two hours since our last BTC price – Bitcoin market update, the cryptocurrency market has taken a further beating. A beating that likely caught bulls with their pants down. For those that haven’t been perusing Crypto Twitter over the past few days, ever since Bakkt launched, the Bitcoin […]