Cryptocurrency Analysis and News Portal
Bitcoin extended its bearish correction at the start of this week, falling briefly below $9,000 for the first time in three weeks.While cryptocurrency reclaimed the said support level, fears of new sell-off rounds are looming over its market.Meanwhile, a separate fractal is also suggesting that Bitcoin would retest $6,000 in
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Bitcoin's options market suggests Monday's price drop could be short-lived.However, the cryptocurrency remains vulnerable to a sell-off in stocks and increased miner hoarding is a sign the market lacks strength.Bitcoin is feeling the pull of gravity on Monday alongside losses in the traditional markets. At press time, bitcoin is changing hands
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Investors have learned by experience that it’s dangerous to “fight the Fed.” Since March’s promise of unlimited spending, the stock market has reversed its free fall with a strong rally. A shift in Federal Reserve buying trends suggests that the stock market has little upside left – and a potential drop ahead. “Don’t
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Even though Bitcoin is up more than 150% from March’s lows, analysts have still been questioning if it is just a matter of time before the bear trend continues.A trader that months before March called for Bitcoin to fall to the $3,000s and for XRP to reach $0.11 recently touched
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Mark Spiegel’s fund beat the stock market in May thanks to some carefully-selected value stocks. But he said it would be “mental” to go fully long without hedging for a significant downturn. His fund also remains bearish on Tesla despite losing more than $1 million in short bets. The bulletproof stock market has
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Bitcoin and traditional markets logged a synchronous rally after crashing almost in tandem in March 2020.But the recovery has not impressed a vast majority of global fund managers, according to a survey conducted by the Bank of America.Only 1 out of 10 fund managers believe that the U.S. economy will
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Bitcoin has embarked on a steep recovery over the past eight weeks. After falling as low as $3,700 in the middle of March, BTC has surged as high as $10,100 — a gain of over 170% in just the span of two months.Chart from TradingView.comIt’s a stunning performance that has
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After the powerful rally unfolding across the crypto market over the last several weeks, Bitcoin price failed to breach cleanly above $10,000 and hold. The move pushed the first-ever cryptocurrency into a supply zone dating back to the start of the bear market where it was rejected.The failure will likely
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As the world’s biggest cryptocurrency, Bitcoin (BTC) is highly volatile, once surging from $1,000 to $20,000 in the span of just over a year. The coin has become the subject of infinite price predictions. Both optimistic and negative, some of these predictions have turned out to be extremely inaccurate.Vitalik
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In brief: Bitcoin (BTC) has this morning reclaimed the $7,000 value once again. Its movement is amidst global reports of some countries winning the war against the Coronavirus. With halving only days away, Bitcoin might continue with its upward trajectory. In our Saturday analysis of Bitcoin, Ethereum World News had advised a ‘wait
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