Famous gold bug Peter Schiff made another anti-Bitcoin claim, pointing out that it’s the only asset class that is not rallying by the end of 2019. Famous gold bug Peter Schiff made another anti-Bitcoin (BTC) claim, pointing out that it’s the only asset class that is not rallying by the end of 2019. As United…
Read more
Bitcoin price appears bullish on shorter time frames is likely to make another attempt at the $7.4K resistance but traders should expect volatility as the monthly close approaches. With the end of the year just a few days off, Bitcoin (BTC) looks set to close 2019 under $10,000. Despite the digital asset’s inability to change…
Read more
A comparatively quiet Christmas trading period sees attention focus to the first few months of next year, as Bitcoin’s block reward halving edges closer. Bitcoin (BTC) continued trading sideways on Dec. 27 after spending the Christmas period broadly free of volatility. Cryptocurrency market daily overview. Source: Coin360 BTC “relaxes” this Christmas Data from Coin360 showed…
Read more
Despite various reservations from commentators in the past, Bitcoin is robustly insured against futures manipulation, analyst suggests. The Bitcoin (BTC) price analyst who created one of the industry’s best-known prediction models thinks futures markets will not undermine the cryptocurrency. In a Twitter debate on Dec. 26, PlanB, father of the Stock-to-Flow tool, dispelled fears that…
Read more
Bitcoin has pulled back and has partially filled the CME futures “gap” at $7,230 as another dip below $7K is possible before the next big move up. Bitcoin (BTC) finally recovered from its sharp drop last week and is currently hovering around $7,300, a move of more than ten percent since the latest low of…
Read more
Bitcoin price has made a strong v-shaped recovery into the final week of the year, but the bulls have yet to reclaim the market from its 5-month bearish trend. Bitcoin (BTC) closed the week up at $7,513 which was a 5.65% increase from the opening price of $7,111. It was a turbulent week with Bitcoin…
Read more
Bitcoin price manages a strong weekly close as the price rallied from $7.1K to $7.6K, leading investors to wonder if a trend reversal is in the making. On Sunday Bitcoin (BTC) price revved up to rally from $7,115 to $7,642, providing a 7% gain and an unexpectedly strong weekly close, which now has some analysts…
Read more
Most of the top 20 cryptocurrencies are reporting moderate gains as Bitcoin approaches the $7,400 mark again. Sunday, Dec. 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) is breached the $7,400 mark again. Tezos (XTZ) is the only cryptocurrency among the top-20…
Read more
Bitcoin price remains bearish on multiple time frames but a few key macro indicators hint the BTC bull market may start once its hits realized value. On Dec. 18 Bitcoin (BTC) price thrilled investors by providing a $1,000 move from $6,430 to $7,450 after bouncing off the descending channel trendline near $6,400. Multiple analysts from…
Read more
Bitcoin’s swift drop to $6,450 provided a great opportunity to open a long position and numerous altcoins are producing double-digit rebounds after this week’s carnage. It has been a profitable week, largely because I caught the big Bitcoin (BTC) move up from the local bottom. I closed a majority of my altcoin trades, some on…
Read more
