-Bitcoin news, price, information & analysis
For the past twenty days cryptocurrency markets have hold on to gains and formed new trading ranges. In terms of total market capitalization this is between $170 and $185 billion with Bitcoin holding above $5,000. More analysts, using previous chart patterns as a guide, are of the opinion...
Bitcoin price failed to gain momentum above $5,350 and corrected lower against the US Dollar. The price declined below the $5,300 level and tested the key $5,200 support area. There is a crucial bullish trend line in place with support at $5,245 on the hourly chart of the...
In the eyes of analysts across the board, Bitcoin (BTC) decidedly bottomed at $3,150. They cite the fact that at $3,150, BTC was down 85% from its all-time highs, which is where the crypto asset has bottomed in previous cycles, coupled with the idea that industry fundamentals are...
The crypto markets have dropped slightly today after tepidly climbing higher over the past week. Despite this, Bitcoin (BTC) has been able to firmly establish its position within the $5,000 region and has not incurred any significant selling pressure after climbing towards $5,300. Although many analysts are currently...
All eyes may be on Bitcoin (BTC), but other crypto assets have seen their fair share of gains since the start of 2019, sparking calls that what is known as “altseason” is right on the horizon. Per one prominent industry analyst, this cyclical industry event, which sees altcoins...
Although the crypto markets are currently caught in a bout of sideways trading, many analysts and investors are closely watching some newly formed technical levels for insight into where Bitcoin (BTC) is heading next. While looking through a long-term lens, however, the recent price gains the markets have...
The previous bitcoin bubble has popped, and a new one is already forming, at least according to the Crypto Monk. The hugely-followed bitcoin and altcoin trader today compared bitcoin’s price performance to the classic lifecycle of a stock bubble. Just like its traditional counterparts, the bitcoin price bubble too...
The latest bitcoin price rally pushed the cryptocurrency’s price above its average production cost, at least according to Alex Krüger. The crypto market analyst noted that bitcoin mining difficulty increased substantially following the asset’s so-called bottom formation on December 15, 2018, in $$3,100-3,200 range. That signified that more miners...
There was a slow and steady rise in bitcoin after it tested the $4,920 area against the US Dollar. The price climbed higher steadily and broke the $5,200 resistance area to move into a positive zone. There is a key ascending channel in place with support at $5,270...
Bitcoin has been able to continue its slow upwards ascent and is now tepidly advancing towards $5,400, which has historically proven to be a strong level of resistance that BTC has failed to break decisively above since it first began surging earlier this month. Now, one prominent crypto...
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