Bitcoin’s (BTC) volatility has begun to wane in recent hours, as the cryptocurrency has become wracked with extended periods of consolidation. Just last week, the benchmark cryptocurrency saw a significant rally, which sent its price from lows of $10,400 to $11,700 in a few days. Following the aggressive bullishness, BTC has fallen into consolidation once […]
Bitcoin (BTC) fell by more than $400 from yesterday’s high. The drop occurred unexpectedly as the daily candle for yesterday closed. Meanwhile, the decline appears to coincide with an ominous astrological event, which has some historical significance with Bitcoin and a sell set up. Following the recent Square BTC adoption-induced bull rally, the benchmark cryptocurrency […]
Bitcoin (BTC) is breaking higher barriers right now as the US markets open for business in the new week. Over the past few hours, the benchmark cryptocurrency played out the exact manner we predicted in our previous analysis. After consolidating for an extended period, BTC fell to the $11,180 area and quickly recovered, before clearing […]
Bitcoin (BTC) finally broke away from the trading pattern in September, which was plagued with low volatility. As can be observed in our 4-hour chart, the wedge was the whole story of September summarized; beginning with a huge slump and followed by a directionless consolidation. Thursday was a turnaround point for bulls after BTC finally […]
Bitcoin (BTC) and the rest of the cryptocurrency market have been riddled with intense bullishness for the past 48 hours, following a huge BTC acquisition by a popular financial services company, Square. The recent development has been perceived by analysts as a very bullish factor for Bitcoin, as increased corporate adoption will significantly bolster the […]
Bitcoin (BTC) is currently trading around the $10,900 level, but it may not be at this level for long given a recent projection. As the benchmark cryptocurrency continues to strengthen its bullish fundamental foundation, one analyst has narrated that there’s currently sufficient capital on the sidelines in crypto to push Bitcoin to a $1 trillion […]
New reports suggest that Bitcoin (BTC) is playing out another classic Whale manipulation following yesterday’s sharp $200 drop. This manipulation pattern has been discussed broadly in a previous article. It involves a tactic used by large BTC traders (Whales), which instills panic in the market and causes smaller traders with weaker hands to sell. The […]
A senior commodity strategist at Bloomberg, Mike McGlone believes that the world’s largest cryptocurrency, Bitcoin (BTC), could have a $100,000 price tag by 2025. The cryptocurrency has shown a strong predisposition in adding more zeros to its price since 2011. In the October edition of the Bloomberg Crypto Outlook, Mr. McGlone, an adept Bloomberg Intelligence […]
Bitcoin (BTC) has been steadily climbing higher over the past 25 hours, as its correlation with the equity markets strengthens once again. Both markets have been gaining bullish momentum on the news that President Trump is very healthy despite contracting the deadly COVID-19 disease. Many cryptocurrency experts expect BTC to visit the $11,000 mark soon. […]
