Cryptocurrency Analysis and News Portal
Bitcoin (BTC) filled the CME futures gap in advance prior to the Wall Street open on Feb. 14, reaching $42,870.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Volatility gone, but not for longData from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining swiftly Monday, with the start of U.S. trading keeping the
Read More
Bitcoin (BTC) looks ready to fall below $30,000 in the coming months, per a confluence of historically accurate technical indicators brought forth by popular analyst Ari Rudd.The independent market analyst published a thread on Feb. 14, explaining why Bitcoin's ongoing price recovery — from below $33,000 on Jan. 24 to
Read More
Bitcoin (BTC) starts the week with a slow drag downhill towards pivotal support at $40,000.After bulls had something to celebrate last week, the current environment looks like a fresh dose of reality as BTC battles nervous stock markets, a resurgent U.S. dollar and more.The picture is, as always, mixed —
Read More
Bitcoin started a fresh decline from well above the $44,000 level against the US Dollar. BTC broke the $42,500 support and remains at a risk of more downsides. Bitcoin traded below an important support zone at $42,500. The price is trading below $42,500 and the 100 hourly simple moving average. There is a
Read More
Bitcoin (BTC) has given back some of its recent gains, but on-chain data resource Ecoinometrics said that whales are accumulating because they believe the price is attractive from a long-term perspective.On the downside, analyst Willy Woo believes that $33,000 is a strong bottom for Bitcoin. Popular Twitter trader Credible Crypto citing
Read More
There’s never a dull day in Bitcoin (BTC) land. Despite that markets calling for a lull, the creative Bitcoin community always has cause for amusement. Yesterday, a Redditor by the name of Optimal-Dentistador (henceforth, OD) queried the longevity of the Bitcoin network with a time-lapse challenge.In a post made to the
Read More
Veteran investor and fund manager Bill Miller says he has “a very big position” in bitcoin and expects to see a lot of institutional adoption this year, particularly among endowments and foundations. “Bitcoin is insurance against financial catastrophe,” he opined. Bill Miller Says ‘Bitcoin Is Insurance Against Financial Catastrophe’ Famed value investor
Read More
All things have their humble beginnings; in 2010, the first Bitcoin (BTC) mining project was created in Prague, Czechia, and was simply called Bitcoin.cz. Soon afterward, founder Mark "Slush" Palatinus decided to move on to other ventures, such as creating the world's first cryptocurrency hard wallet, Trezor. As a result,
Read More
Bitcoin (BTC) hovered above $43,000 on Feb. 11 as volatility waned after a fresh local peak.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSupport and resistance zones narrowData from Cointelegraph Markets Pro and TradingView showed BTC/USD awaiting a trigger to test either support or resistance nearby as Wall Street opened on Feb. 11.The
Read More
Bitcoin (BTC) has a “possibility” of winning back more lost ground this month, but a retest of $40,000 may test bulls beforehand.In its latest market update on Feb. 11, trading suite Decentrader voiced cautious optimism over BTC price action.Derivatives turn complementaryAfter rallying above $45,500 on the back of United States economic data,
Read More