Historically accurate at telling traders when price action is about to flip bullish, the Guppy is now repeating its April 2019 behavior. Bitcoin (BTC) plans to move higher and further squeeze bears in the short term, several price indicators suggest. As the week begins, a group of measurements — some surprisingly accurate historically — are […]
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Bitcoin bulls finally pushed the price above $8,500 and the 50-DMA but bulls now need to take out the $8,500-$8,650 level in order to reach the next target at $8,800. As the weekly close approached, Bitcoin (BTC) price gained above $8,500 after spending the previous day trading in the $8,200 to $8,300 range. At the […]
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Bitcoin held $8.2K, leading to an oversold bounce that produced a 3.97% gain but now the price is struggling to push through the 50-EMA as $8.5K presents resistance. Bitcoin (BTC) bulls are attempting to start the weekend on the good foot by pushing the price to $8,500 and above. Bitcoin daily price chart. Source: Coin360 […]
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Bitcoin price nears a decisive move as key indicators on the shorter time frames hint that traders may attempt to push the price above $9.2K. After a strong two week performance that saw Bitcoin (BTC) price rise from $7,700 to $9,200, the top crypto asset appears to be consolidating before making another attempt at $9,200. […]
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Large-cap altcoins have staged strong rallies over the past week, pushing the altcoin market cap higher and closer to bull market territory. Altcoins have been stealing the show recently, as some large caps have seen tremendous surges along the field. Bitcoin Cash ABC (BCH), Bitcoin Cash SV (BSV), Dash (DASH), and Ethereum Classic (ETC) have […]
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CME launched its first Bitcoin options product, but is its initial success a matter of good timing? In the two years since it launched cash-settled Bitcoin futures, CME has firmly established itself as a leader in the regulated crypto derivatives space despite not always being the first to market. In December 2017, it launched regulated Bitcoin futures a […]
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Let’s take a look at some of the key factors that helped spur the growth of the crypto market in 2019. During the first couple of months of 2019, the price of Bitcoin (BTC) stayed put under the $4,000 mark, thereby solidifying fears that the market was indeed in the midst of a long crypto […]
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Bitcoin price topped $9K for the first time in 2020, leading traders to focus on flipping $9.2K to support in order to continue the rally to $9.6K. On Jan. 18, Bitcoin (BTC) price finally made a strong push through the resistance level at $9,000 and rallied to $9,194 before pulling back slightly. BTC price has […]
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Binance looks to expand in the country, a new working group assesses security token offerings, and more headlined news in Japan this past week. This week’s news from Japan included additional comments against crypto trading from China, Binance’s potential involvement in Japan, positivity from the International Monetary Fund (IMF), more crypto exits from European Union […]
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Tether says it did not deny prosecutors’ request to consolidate three lawsuits the stablecoin and its sister exchange Bitfinex are facing. Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied. “We did not oppose the plaintiffs’ requests […]
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