-Bitcoin news, price, information & analysis
The so-called “Tokyo Whale” recently sold $230 million worth of Bitcoin and Bitcoin Cash, potentially contributing to the recent price drop, and sparking concerns among investors as to whether or not there are bigger Mt. Gox trustee-related sell-offs to come. The trustee liquidating the defunct exchange’s cryptocurrency holdings...
As Bitcoin, along with the rest of the cryptocurrency market, began to rally heading into last weekend, the sentiment surrounding the future prices of crypto assets seemingly began to shift, as many optimistic investors claimed that an upside is in store. Chris Kline, a community voice at Forbes and...
A recently conducted study has found that despite a persisting bear market in 2018, the cryptocurrency markets will still likely see tremendous growth in trading volume in 2019, growing by an estimated 50%. This growth is mainly attributed to increasing market accessibility and growing corporate and institutional adoption....
Key Points Bitcoin price failed to hold the key support at $6,590 and declined below $6,500 against the US Dollar. There was a break below a bearish pattern with support at $6,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is under...
Bitcoin Price Key Highlights Bitcoin price has formed higher lows and lower highs to trade inside a triangle pattern on its 4-hour time frame. Price got rejected on a test of resistance once more and a move to support appears to be taking place. Technical indicators are suggesting...
While the cryptocurrency markets are sitting well off their year-to-date lows, and Bitcoin is showing increasing stability with major support at $6,000, a Cboe options expert is now claiming that the markets may have yet to hit rock bottom, based on how this rally ultimately ends. As market...
Key Points Bitcoin price is consolidating above the $6,590 and $6,550 support levels against the US Dollar. There is a short-term declining channel in place with resistance at $6,720 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has to surpass the $6,720...
Key Points Bitcoin price traded higher and cleared the $6,580-6,600 resistance zone against the US Dollar. There is a key bullish trend line in place with support at $6,550 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting lower, but...
The crypto community burst with joy earlier today as cryptocurrency prices surged beyond even their most optimistic expectations. Contrary to what everyone has expected, the new price surge was not sparked by Bitcoin, as it usually happens. This time, the bull run is led by none other than...
Key Points Bitcoin price is trading with a bullish angle above the $6,430 level against the US Dollar. There was a clear break above a major bearish trend line with resistance at $6,435 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair recently...
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