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Bitcoin (BTC) stayed rangebound after hitting ten-day highs on Dec. 22 amid fresh warnings over market "complacency."BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHow about a new year squeeze?Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it consolidated after coming within $400 of $50,000 overnight.Bulls were up against a significant
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CNBC personality Jim Cramer has been pushing the possibility of a so-called “Santa Claus rally” across the stock market. But could this holiday-related trend have an impact on Bitcoin and cryptocurrencies? Mad Money Host Calls For “Santa Claus Rally” Bitcoin has taken a beating, down substantially from what most of its backers
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Bitcoin may not be able to build on the relief rally as it heads into the year-end, a key technical indicator that’s flipped bearish amid heightened macro risks indicates.“The weekly MACD is on a ‘sell’ signal for the first time since April, increasing risk into year end,” Katie Stockton, founder
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Since 1969, 34 out of 45 years have seen a late December rally. Here are 5 reasons why a Santa Claus rally might not happen this year.This kind of rally refers to the fact that in about two-thirds of years since 1969, late December has seen a stock market rally,
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On Christmas Eve, Crypto Claus did his rounds after checking the list to see who was naughty and nice. But who got some lovely presents after making a positive impact in 2019 — and who got coal for setting the industry back? Here, we take a look at the
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The University of California at Santa Barbara (UCSB) has just concluded its first accredited course focused on blockchain and distributed ledger technology.The course, which was taught as a computer science class through the College of Creative Studies, was formed in response to requests from the Blockchain Acceleration Foundation (BAF),
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Data from CoinMetrics shows that crypto whales now hold 42.1% of Bitcoin’s current supply. This is a slight increase compared to 37.9% two years back and analysts have interpreted the increase as a positive sign, as it shows large investors have been accumulating Bitcoin during its bear phase. There is,
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The Bitcoin and crypto money markets have thrust in a downward pattern for quite some time, but with only half a month until Christmas, Bitcoin bulls are anticipated, could we be expecting another Santa Claus rally?The Bitcoin price forecast is approximately a part of the highs of its year so
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Bitcoin is likely to end 2019 on a bearish tone.Analysts share their year-end predictions and it appears that there will be no Christmas rally.With bitcoin flirting with $6,800 support, we might see a painful leg down soon.Bitcoin bulls might be sitting out the last month of 2019. While December has
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