It has been a slow and choppy couple of weeks for Bitcoin (BTC). The cryptocurrency came tumbling down to the upper-$9,000 level after it recorded a fresh YTD high around $12,400 a few weeks ago. Weirdly, this offers little or no insight into the near-term outlook of BTC, although it has shown just how strong […]
Bitcoin (BTC) has now spent close to seven days battling with the $10,000 mark, as bulls continue to hold that line and prevent any significant decline. It is still unclear in what direction a breakout could occur soon, but it looks like the bulls are winning despite the enduring BTC weakness. Crypto traders always say […]
The price of Bitcoin (BTC) is falling largely because the market is growing fearful of a replay of the dreaded ‘Black Thursday.’ However, considering the extent to which whales have acquired BTC over the months, a replay of that event is highly unlikely. Still, it remains unclear what the cause of the sudden trend is. […]
Bitcoin (BTC) kämpft weiterhin darum, über der begehrten fünfstelligen Marke zu bleiben, scheint den Kampf jedoch zu verlieren, da es in den letzten Tagen mehrmals unter diese Marke gefallen ist. Zu Beginn des Tages zeigte Bitcoin eine deutliche Schwäche, da die Baisse ihn bis auf 5 $ schickten, wo er […]
Just a couple of days ago, Bitcoin (BTC) was flying high above the $12,000 mark. Fast-forward to today and the benchmark cryptocurrency is struggling to close today’s candle above the $10,000 key support. It all came crashing for Bitcoin when the US equity markets picked up strong demand, causing excess supply for the cryptocurrency. Meanwhile, […]
Bitcoin (BTC) hat eine dramatische Verlustverlängerung erlebt, da es in knapp 1000 Stunden mehr als 24 US-Dollar verloren hat. In der gestrigen Analyse haben wir spekuliert, dass sich Bitcoin vor einem großen Ausbruch für eine Weile konsolidieren könnte. Basierend auf unserem 4-Stunden-Chart ist genau das passiert. Nachdem sich BTC eine Zeit lang im Bereich von 11,400 bis 200 US-Dollar gehalten hatte, […]
Investors have been trooping into Bitcoin (BTC) and other cryptocurrencies since August 37, with the overall market capitalization rising from $348 billion to its current peak at $400 billion. This inflow of capital has assisted Bitcoin to grow by over $800 from its August low of $11,115 set four days ago as it approaches the […]
Bitcoin (BTC) managed to gain some bullish momentum today as it erased all its losses from yesterday’s slump. Analysts are now suggesting that the benchmark cryptocurrency could see a strong bullish comeback soon thanks to the bounce seen from the $11,130 (yesterday’s low) after it dipped on the back of the Fed-induced volatility. This is […]
It can be said that a great deal of Bitcoin’s (BTC) short-term market bid now depends heavily on the outcome of the impending Jackson Hole Symposium later this week. The cryptocurrency has been weakening ahead of the event and has plunged by about 3.5% at the close of the London session on Tuesday, after recording […]
