The crypto space seems to have come back on track as some of the coins started to show a decent uptrend. Bitcoin price after falling from $53k to $43K last week is up by 3.57% in the last 24 hours. Few analysts and a portion of the crypto community appear extremely bullish for BTC price....Read More
Around 10 to 11% of Bitcoin’s total supply hasn’t moved in over a decade with 2.3 million being held by Bitcoiners since 2011. As per the reports of Glassnode, a crypto metric platform, it indicates that 2,068,167 Bitcoins have remained stagnant or lost for over over 10 years, with a total of 18,801,525 circulating supply...Read More
Bitcoin’s value is continuing to rise, with its market share reaching a new high of 44.65% this morning. If the $48,000 sell wall breaks, a short squeeze could propel BTC/USD much past $50,000. On Tuesday, BTC/USD was spotted attempting to exit the $46,000 level after falling earlier in the week. Despite the crypto business losing...Read More
Bitcoin price rallied remarkably and successfully added yet another $2000 with a nearly 6.1% jump. Moreover, the price also achieved the important resistance levels around the 200-day MA at $44,864. The rally marked a bullish re-establishment but with the beginning of the fresh day trade, BTC price initiated with consolidation. Whereas most of the altcoins...Read More
As the larger crypto markets continue to surge, a well-known crypto trader and analyst is laying out his predictions for Bitcoin, Ethereum, and Chainlink. Bitcoin Price Pentoshi, a pseudonymous crypto analyst, tells his 202,700 Twitter followers that he’s keeping a careful eye on Bitcoin (BTC), which is poised to break through previous resistance at $40,000...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The digital currency is actively recovering after a deep correction. For bulls, it was important to make the price rebound from the support area at $42,500. A lot of investors are scared by such high volatility of the cryptoasset, even hedge funds are pretty sure that the number of...Read More
When the volatility in the cryptocurrency market is high enough to gain over 12% in price in 24 hours, there is a persistent fear of making mistakes. Bitcoin’s price chart has broken nearly all ceilings to hit the new ATH of $41780 on most top exchanges. While price discovery beyond the new ATH is yet...Read More
When Bitcoin traders make mortgage payments using a debit card so they can earn cashback in Bitcoin, and call it a cheat code in life, it may be time to check the charts for a price peak. Bitcoin’s price recently crossed $24000 and after hitting a peak, the asset is now trading above $22800 at...Read More
Let’s have a look at what do Influencers feel! CPH on BTC Bull Run: Bitcoin is in the sweet spot and looks bullish for the future. Indian banks to offer Crypto Services across its 34 branches. Loan against Crypto was unheard! The Adoption is coming. Irrespective of the bank size, Cryptocurrency getting adopted is a...Read More
Bitcoin remains the most controversial and widely speculated cryptocurrency today. Although the popular cryptocurrency might not have been the first cryptocurrency to be created, as many suppose, its authority among its peers makes it stand out as a pace-setter and a possible global financial market entity. Do you “hodl” bitcoins or are you trying to...Read More
Grayscale Bitcoin Trust may be the closest to a Bitcoin ETF in 2020. The daily GBTC trade volume has increased steadily since June 2020 and this is critical to Bitcoin’s price and liquidity. Grayscale Bitcoin Fund requires a minimum investment of $50000, and the trade volume in GBTC is a clear indicator of the demand...Read More
Bitcoin has continued its price rally to $18100 after crossing key resistance levels and this puts the year-to-date ROI of Bitcoin over 135% against the dollar. Six months post the halving of May 2020, the price is up 88%. As Bitcoin continues to rally, institutional investors and on-chain analysts are eyeing the all-time high price...Read More
Bitcoin’s price hit an ATH of $18000 on November 18, 2020. Few hours prior to the price rally, open interest on top derivatives exchanges hit a new ATH of $6.4 Billion based on data from Skew. BTC Futures || Source: Skew Bitcoin futures have hit new highs previously, however interestingly every ATH has been closely...Read More
Bitcoin is currently trading around $14,500. The asset saw this particular price range back on January 8th, 2018, a whopping 1029 days back. Safe to say, these were unfamiliar trading provinces in the past three years. With Bitcoin building its rally step-step across the past month, the recent entry above $14k is currently creating a...Read More
Bitcoin’s ATH of $19k is still 33% away. Bitcoin’s price is up 14.85% in the past 7 days and market conditions are conducive for further growth. From smart money inflow of over $550 Million within 2 weeks to drop in inflow on exchanges, nearly all charts signal the bullish sentiment. Map of spent Bitcoins ||...Read More
Will Ethereum Soar as it happened before? The much-awaited bitcoin rally occurred with the price crossing $11000 and recording $11,384 at the press time with a gain of 4.5 percent in 24 hours. This surge is speculated mainly due to Jack Dorsey announcing Square purchasing Bitcoin and probably also due to the US announcing some...Read More
Bitcoin Above $11000 Bitcoin after almost a month-long wait broke above $11000 to touch the resistance level formed surrounding $11,119. It gained almost 4.14 percent to reach this level in the past 24 hours. The digital asset has gained almost $500 in just a single day. The bunch of green candles in the 24-hour chart...Read More
Bitcoin Price Maintains above the $10000 mark After a two-day continuous dip, Bitcoin price viewed a slight increase, forming a new support level at $10200 for the intraday trading. However, the usual support remains below $10000 at $9900. Despite the decline, the crypto space seems to be assertive with the Bitcoin bull rally very soon....Read More
Theory Behind $500K Bitcoin Bitcoin price prediction is the most desired topic for most of the crypto followers, and also the most-watched too. The very first reported Bitcoin Billionaires, Winklevoss brothers, puts out the most bullish ever prediction. The logic behind the prediction is pretty uncomplicated, he believes Bitcoin would overtake the market by surpassing...Read More
After Bitcoin dipped by a total of 6.25% between Tuesday and Wednesday, liquidations worth $50 million were spotted. Although this drop is small compared to the drop on August 2nd, there might be fears of a price crash. Perhaps, in a fashion similar to the March crash, that wiped out bitcoin’s price by more than...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, July 21st, the BTC rate is growing. The cryptocurrency is generally trading at 9307.56 USD. On D1 of BTC/USD, the picture has not changed much since last week. The pair is still trading at the upper border of the descending channel between 100.0% and 61.8% Fibo. Another...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 29th, the BTC has grown steeply and is aiming upwards. It is generally trading at 9632.50 USD. On D1, the picture has hardly changed since last week. The pair keeps trading the upper border of the descending channel, trading between 50.0% and 61.8% Fibo. After yet...Read More
Bitcoin investor, research analyst, and the founder of Adamant Capital, Tuur Demeester thinks that the bitcoin price might shoot up to a minimum of $50,000 in the near future. He postulates that Bitcoin has already seen its bottom (referring to March 2020 downfall). And now is back in the bull run. He, in an interview...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 12th, the BTC rate remains volatile but investors are ready to buy. The cryptocurrency is generally trading at 9000.00 USD. As for the BTC dynamics on D1, during the last week, the quotations of the leading cryptocurrency reached the psychologically important level of 10000.00 USD and...Read More
The price of bitcoin has been particularly unstable for the past days. It would seem as though market sentiments are yet to decide which side to back as the forthcoming halving sets swinging price emotions. After a short-term bull run on Monday which escorted the bulls towards the resistance at $9.5k area, bear markets took...Read More
Bitcoin today crossed $9k in early hours but failed to stall and sloped down to $8,876.73. The price drop may be the effect of US Treasury announcement asking $3 Tn more The Sudden drop creates a feary Index, but the Market sentiment still positive Will the bull returns to $9k level and stall and hit...Read More
Dan Morehead, The CEO of Pantera Capital is back again with one more Bitcoin Price Statement, this time he puts down High figures and says the bitcoin price will propel over $500,000 in August 2021 as the 12th may halving effect. What is Pantera Capital? A San Francisco Based Investment firm involved Blockchain, Cryptocurrency Ventures....Read More
Yesterday, Bitcoin price showcased a massive flood of buying pressure that enabled it to overcome its previous resistance levels, reaching $9,000. Since then, the BTC bulls were not capable to push it to a very high level of $10,000, which could indicate that it will face higher short-term selling pressure. Following the impressive rally, the...Read More
The start of 2020 hasn’t been overly promising for Bitcoin or other cryptocurrencies. However, it would appear that things are not all that bad, given the current circumstances. The Bitcoin price has seen ample turmoil throughout the first few months of 2020. Bitcoin Price Momentum Seems Promising Despite ample volatility, it would appear that the...Read More
There are many different potential price predictions for Bitcoin and other cryptocurrencies today. One pattern suggests the Bitcoin price could reach a value of $100,000 in the next few years, albeit the current coronavirus crisis makes that seem rather unlikely. All Bitcoin holders want to see the BTC price go up significantly. Coronavirus Doesn’t Move...Read More
