-Bitcoin news, price, information & analysis
Price predictions for Bitcoin have been coming thick and fast recently and some have been more accurate than others. One analyst still predicts a lot more pain for crypto assets and a final capitulation before things start to turn around. Will History Repeat Itself For Bitcoin Prominent technical...
Over the past 12 months Bitcoin has continued to fall, dragging the entire crypto market down with it. The daddy of all digital currencies hit a 16 month low in mid-December when it fell below $3,200. Things could be on the verge of a reversal soon though according...
A report authored by three Deloitte analysts explains the barriers to blockchain adoption and how the “five vectors of progress” may help companies lower the cost and risk of deploying and exploring the technology. Deloitte Report Analyzes Falling Barriers to Widespread Adoption of Blockchain As a means of...
Price analysts and charting experts are conflicted as to whether or not the recent price rise and persisting stability for Bitcoin and the general cryptocurrency markets signals growing strength or represents the calm before the storm. One charting expert believes that the technical damage done to Bitcoin over...
Crypto analysts and investors have established the $8,800 resistance level as a short-term target for Bitcoin, based on the optimistic technical indicators of the dominant cryptocurrency. Bitcoin Rally Ahead? Most of the predictions on the short-term rally of Bitcoin originated from data provided by RIG trend lines —...
Octagon Strategy, one of Asia’s largest digital asset brokerages, remains bullish on Bitcoin despite the recent downward trajectory that pushed the price below the $6,000 barrier last Friday. The company’s head trader told CNBC yesterday that a progressively formalized landscape will eventually drive prices higher. Octagon Strategy Says...
The week did not leave much to be desired for, with the market seeing a variety of positive institutional news amidst volatile price movements. Institutional Investment Dominates The News Cycle The presence of traditional institutions has been an important topic of discussion in the cryptocurrency community. Many analysts...
Cryptocurrency volumes have dipped to a two-month low, with levels resembling those seen earlier this year during April’s downtrend. But what does this mean for the market in general? Is Volume An Viable Indicator? As of June 18th, exchange volume has collectively dropped under $10 billion dollars, with...
The Express reported that figures from Chainalysis, a well-known cryptocurrency analysis firm, show that over one-third of all Bitcoin is in only 1,600 wallets. 1,600 Wallets Hold Over 1/3 of All Bitcoin This issue has been no secret in the cryptocurrency community, with small investors in the space continually...
Highlights: Price remains hovering without clear direction. BTC: Resistance: $12,200 & $13,000, support: $11,300 & $10,800. Data feed from AICoin Comments: The correction represented by the short lower shadow this morning is basically within our expectation. This time, though the rally has continued for a little longer and...
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