Category: Bitcoin Price

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‘Death Cross’ Dampens $8.8K Hopes as Bitcoin Price Recovery Stalls

Bitcoin price is under threat as an impending death cross on key moving averages decreases the likelihood of a rally to $8.8K. Bitcoin price (BTC) is down around 1% on Monday, following a strong close to the week on Sunday with a move from lows of $7,875 to highs of over $8,300. The altcoins also…
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Bitcoin: ‘Most Dramatic’ 2020 Halving Could Cut Supply by $63M a Week

Historical evidence puts next year’s event in context as Bitcoin network’s next watershed moment. Bitcoin (BTC) advocates continue to focus on the May 2020 block reward halving this week as the impact on price becomes more apparent. Analysts excited for high-stakes halving In a Twitter discussion beginning Oct. 18, commentators noted that next year’s event…
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Why Is Bitcoin Price Going Up? 4 Indicators Suggest a Potential Bottom

As Bitcoin price successfully held $7,700-$7,800 support again and now back up over $8,200, several indicators suggest a bullish reversal. Bitcoin price (BTC) has continued to fend off support in the $7,800 region for what will be the fifth week running at the end of today.  With the BTC price currently back up over $8,200,…
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Bear Cross on Key Indicator Could Push Bitcoin Price to $7,300

Bitcoin remains pinned below $8K as the 128 and 111-day moving average are on the verge of a bearish cross which could drop the price below $7,700. At the moment, not too much is happening with Bitcoin’s (BTC) price action. The price continues to drop and a series of lower highs occur even as bullish…
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Bitcoin Recovers Above $8K After 18th Million Bitcoin Was Mined

Crypto markets edge up after another downward movement, with 17 out of the top 20 coins by market cap in green. Saturday, Oct. 19 — crypto markets are seeing a slight recovery after another downward movement as Bitcoin (BTC) is back to trading above $8,000. Market visualization. Source: Coin360 18 million BTC mined, BTC blockchain…
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Bitcoin Price Back Above $8K as Pound Sterling Rises on Brexit Deal

Bitcoin swiftly broke out of the $7,000 territory on Thursday as news the U.K. was leaving the European Union with a deal boosted markets. Bitcoin (BTC) climbed back above $8,000 on Oct. 17 as news the United Kingdom had agreed on a deal with the European Union over Brexit ricocheted through markets. Cryptocurrency market daily…
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Bitcoin Back Below $8K — But Is the Macro Bullish Trend Broken?

Bitcoin price has dropped nearly 10% in 2 days but remains range-bound in a macro bullish trend. Bitcoin (BTC) price has continued its multiple-day slide, dropping 5.3% over the past two days and 9.6% from it’s $8,800 high 5 days ago. While Bitcoin bears are celebrating, the price remains range-bound, as can be seen clearly…
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Yes, Even Bitcoin HODLers Can Lose Money in the Long-Term: Here’s How

Crypto trader and on-chain analyst Philip Swift explains how blockchain data points to a new Bitcoin all-time high and how it can be used to enhance short and long-term trading strategies. Since dropping from its 2019 high at $13,800, Bitcoin (BTC) has been in a rut which has led to the price retracing roughly 43%…
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How to Trade Big Crypto Volumes, Explained

Have you ever thought about how big crypto transactions affect the crypto markets? Learn more about whale movements here. Has the crypto industry developed any type of solution for such transactions? Crypto auctions, algorithmic trading and over-the-counter (OTC) desks are designed to transfer large amounts of crypto. In cases when you want to trade your…
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US Congressman: Facebook Should Add Bitcoin, Not Create Libra

United States Rep. Warren Davidson (R) has said that Facebook adding Bitcoin to its Calibra wallet would be a “way better idea” than creating its new currency, Libra. United States Rep. Warren Davidson (R) has said that Facebook adding Bitcoin (BTC) to its Calibra wallet would be a “way better idea” than creating its new…
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