A major Bitcoin whale has implied that the upcoming halving is already priced in and BTC price can crash after the reward reduction. The third Bitcoin (BTC) block reward halving is set to occur in 14 days and this event is usually preceded by a powerful rally that many have long forecast would bring the…
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Bitcoin price is now facing stiff resistance at $7,800 with less than 17 days remaining before the much-anticipated halving event. The price of Bitcoin (BTC) has been stagnating between $6,600 and $7,200 for a few weeks, but finally, a breakout occurred to the upside, which meant a 10% push towards $7,750. But Bitcoin is not…
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Despite the fast-approaching halving event, Bitcoin price broke down from a trendline dating back to March 16 putting BTC at risk of a big pullback. As the Bitcoin price dropped to sub-$7,000, technical analysts pointed out that BTC broke down from a crucial trendline dating back to March 16. While markets signal for short-term relief,…
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Seasoned crypto traders explain their approach to the Bitcoin halving…and more! As May approaches and Bitcoin’s next halving draws near, hodlers, traders, and investors are all keen to know how this quadrennial event will affect the price of the world’s foremost cryptocurrency. To delve further into the halving, we talked to traders Michaël van de…
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Bitcoin price remains range-bound as the upcoming halving is being overshadowed by the coronavirus pandemic and global economic fallout. The cryptocurrency and equity markets have seen a relatively stable week, as the volatility and volume drained away from both markets. Bitcoin (BTC) has been moving between $6,600 and $7,300 and hasn’t been showing direction. On…
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Billionaires Mark Cuban and Tyler Winklevoss debate about Bitcoin’s complexity in comparison to basketball. Despite being over a decade old, Bitcoin (BTC) is still not particularly easy to understand. Even major BTC bulls like Tim Draper have admitted that Bitcoin still lacks ease of use for mainstream adoption. In the same vein, two key figures…
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In the run-up to the halving, the well-known prediction theory is facing its biggest ever test, with its end-of-year price target now at $30,000. The creator of the stock-to-flow (S2F) Bitcoin (BTC) price model says that the upcoming block reward halving will decide if it lives or dies. In a series of tweets on April…
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Bitcoin’s halving event is fast approaching and BTC price is running out of time to overcome resistance at $6,900 and the 100-WMA. The volatility and volume in the Bitcoin (BTC) markets dropped down over the past week as the price of Bitcoin relatively stabilized. Stabilizing markets with decreasing volatility and volume usually means that spectacular…
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Interest in the forthcoming “halving” event on the Bitcoin blockchain has surged to levels higher than ever seen before. Interest in the forthcoming “halving” event on the Bitcoin (BTC) blockchain has surged to levels higher than ever seen before. Data from Google Trends as of April 14 indicates that this year’s peak of interest in…
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The Bitcoin miner reward halving is almost here, but what if there’s no price pump? Can the miners stay afloat? With the COVID-19 pandemic grabbing most headlines the past few weeks, the cryptosphere has been directing some of its attention toward Bitcoin’s reward halving. With the event just four weeks away and the Bitcoin Cash…
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