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Bitcoin could soon see a massive move as volatility continues to tighten, according to a crucial indicator. Investors, however, remain largely divided over what comes next for the cryptocurrency.Related Reading: A Top Macro Analyst Just Bought Bitcoin For the First Time EverBitcoin Is Prepping For a Massive MoveThe width of
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Yesterday for the second time in June 2020 Bitcoin price collapsed 10%. The drop coincided with the significant crash of the Dow Jones index.Yet again, the world’s largest cryptocurrency Bitcoin faces major resistance at $10,500 levels. On Thursday, June 11, the Bitcoin price crashed 11% from $10,100 levels falling all
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After rallying 5% from the weekly lows, the Bitcoin bull trend has petered out once again. This weakness culminated in a drop below $9,000 just minutes ago, marking the lowest price BTC has traded at in approximately three days.Bitcoin price chart from TradingView.comWhile the price action has been weak, few
Read MoreMajor U.S. crypto exchange, Coinbase, and its professional trading platform, Coinbase Pro, recently went down for the count during a hectic pump day for Bitcoin (BTC).Coinbase and Coinbase Pro showed "partially degraded service" on April 29, as per a notice on Coinbase Pro. "Coinbase has crashed as Bitcoin skyrockets today," Morgan Creek
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Although the cryptocurrency markets have slightly recovered following massive sell-offs in mid-March, Bitcoin’s (BTC) faltering price has led to notable miner instability and closures.Soon after Bitcoin dropped below the $4,000 threshold on March 13, DPW Holdings, a Nasdaq-listed holding company, announced that it is temporarily shutting down its cryptocurrency
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It has been a turbulent past few weeks for virtually every major market across the globe, with Coronavirus fears sparking an intense selloff that sent the Dow Jones, Gold, and Bitcoin all reeling lower in tandem.This correlation has shown no signs of slowing down, as the Fed just announced a
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The Dow Jones crashed another 700 points on Thursday. A brief Dow recovery was ended as California Governor Gavin Newsom announced 8,400 potential coronavirus cases are being monitored in the state. Further spooking the stock market, Goldman Sachs claimed that the epidemic could cost Trump reelection in November. The
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The Dow Jones Industrial Average suddenly crashed 400 points off its session high. Analysts and traders are baffled by the sharp move lower. Tech stocks suffered the brunt of the damage. A quiet day for the Dow Jones Industrial Average (DJIA) turned into a near-bloodbath on Thursday as the U.S. stock market pivoted
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Bitcoin lost billions of dollars worth of valuation within a 30-minutes timeframe as a Chinese cryptocurrency scammer allegedly liquidated its steal via over-the-counter markets. The initial sell-off by PlusToken caused a domino effect, causing mass liquidations.PlusToken, a fraud scheme that duped investors of more than $2bn, dumped huge bitcoin stockpiles
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The moment many traders have anxiously anticipated arrived this morning as Bitcoin price (BTC) plunged below $7,800 and eventually settled near $7,400. It’s possible that the bleeding isn’t over yet and investors will likely wait for the 4-hour and daily close before making any strong moves.Many traders anticipated a
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