Cryptocurrency Analysis and News Portal
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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Bitcoin is trading more than 150 percent higher from its March 2020 lows below $4,000.The cryptocurrency’s wild move upside has cheered traders, but a textbook technical indicator warns about a potential bull trap.There are possibilities of Bitcoin falling towards $6,700 if the fractal plays out as indicated.A textbook technical indicator may spoil the ongoing
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekGoldman Sachs butts heads with Bloomberg over
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Bitcoin (BTC) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenarios look likely for Bitcoin as we approach the month of May comes to a close?Let's take a look at what's happening with the largest cryptocurrency by market capitalization,
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The cryptocurrency and equity markets have seen a relatively stable week, as the volatility and volume drained away from both markets. Bitcoin (BTC) has been moving between $6,600 and $7,300 and hasn’t been showing direction. On the other hand, the volume is starting to drop significantly in the markets. Such a
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Bitcoin prices jumped overnight to retest $7,000 but risked falling into a bull trap as no sound catalyst justified its pump.The benchmark cryptocurrency rose 9.67 percent in just four hours to $6,767 per token midnight Thursday. The move uphill injected about $7 billion into the bitcoin’s market cap, which topped
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The Dow Jones printed a historical rally on Monday. History shows that big one-day gains are often unsustainable. Analysts see a lot of volatility in the coming days as the market digests developments in the presidential elections and the coronavirus. The Dow Jones just printed its biggest one-day point
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The leading cryptocurrency by market value fell to $7,087 at 08:10 UTC – the lowest level since Nov. 27, according to Bitstamp data. At press time, bitcoin has recovered to $7,220, representing an 8 percent drop from the recent high of $7,870 reached on Nov. 29. Source
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View Bitcoin’s drop from $10,949 to $9,855 (Wednesday low) may be a bear trap, as selling volumes have dropped throughout the price pullback. A widely-tracked 4-hour chart indicator is reporting a bullish divergence and the daily candlesticks are signaling seller
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The R-word – recession – passed the lips of US president Donald Trump yesterday, and despite recent price action, that’s a positive for bitcoin.The consensus of analyst opinion is that there will not be a recession in the US this year or next.But, as we shall see, those comforting
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