The “Sky is the Limit” for Bitcoin as Weekly Close Shatters the Bear Case
Bitcoin has seen some incredible strength throughout the past couple of weeks, with the confluence of a strong
Read MoreBitcoin has seen some incredible strength throughout the past couple of weeks, with the confluence of a strong
Read MoreThose new to investing might think that professional traders spend the majority of their time staring at screens day and night in order to analyze the markets and pick the best trades but this could not be farther away from the truth.Having a good eye isn’t what differentiates top traders
Read MoreBitcoin had a major macro candle close yesterday, posting both its monthly and quarterly candle. Although BTC saw little
Read MoreBitcoin price has now set a handful of lower highs on the daily timeframe but has yet to
Read MoreFew cryptocurrencies have had as explosive growth in 2020 as Ethereum has. The top-ranked altcoin led the market
Read MoreThe Dow Jones slumped on Tuesday, despite briefly rising after the opening bell. The index is on the cusp of its biggest makeover in nearly a decade. One bearish hedge fund refuses to concede that the stock market recovery is for real. The Dow Jones Industrial Average (DJIA) rally fizzled on Tuesday, as
Read MoreBitcoin’s consolidation over recent weeks has convinced some traders that there is a move to the downside in the works. As reported by NewsBTC recently, one analyst commented that the recent price action is signaling a potential “distribution” pattern: “A couple more clues developing that lend themselves to HTF distribution. 1.
Read MoreBitcoin has rebounded strongly since the capitulation lows seen in March. Since March 13th, in fact, the cryptocurrency has gained in excess of 150%, having rallied from $3,700 to $9,250.With this, many have been certain that BTC is back in a bull market.According to a trader, this is technically not
Read MoreBitcoin price is once again flirting with resistance above $10,000 but has yet to penetrate and hold above the key level. This latest visit has resulted in a lower high.Unless the cryptocurrency can get through and set a new local peak, the asset is at risk of setting a new
Read MoreBitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals.Direct exchange transfers represent the largest flow of bitcoin (BTC) from miners to such platforms in over a year, according to Glassnode data.The bulk
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