Here are five bullish candlestick patterns that every crypto trader should know and learn to help take your Bitcoin and crypto trading skills to the next level. Trading Bitcoin (BTC), crypto and other assets can be intimidating for those new to the investing scene; and even veteran investors go through bouts of uncertainty where they […]
Continue Reading
Bitcoin price appears bullish on shorter time frames is likely to make another attempt at the $7.4K resistance but traders should expect volatility as the monthly close approaches. With the end of the year just a few days off, Bitcoin (BTC) looks set to close 2019 under $10,000. Despite the digital asset’s inability to change […]
Continue Reading
CME and Bakkt saw record trading volumes on their respective Bitcoin futures contracts as both exchanges look to introduce BTC options. The United States Bitcoin (BTC) derivatives market witnessed a slew of developments in 2019 as “old players” set trading volume records and “new players” introduced novel market products. After months of regulatory maneuvering, Bakkt finally launched and […]
Continue Reading
Data clearly suggests a link between Bitcoin’s price volatility and global Google searches for the top crypto. Last month, the value of Bitcoin (BTC) nosedived to around the $6,500 mark after having stayed above the $8,000 threshold for a considerable period before that. This downturn showcased Bitcoin’s worst market performance over the past seven months […]
Continue Reading
Bitcoin has pulled back and has partially filled the CME futures “gap” at $7,230 as another dip below $7K is possible before the next big move up. Bitcoin (BTC) finally recovered from its sharp drop last week and is currently hovering around $7,300, a move of more than ten percent since the latest low of […]
Continue Reading
Bitcoin price has made a strong v-shaped recovery into the final week of the year, but the bulls have yet to reclaim the market from its 5-month bearish trend. Bitcoin (BTC) closed the week up at $7,513 which was a 5.65% increase from the opening price of $7,111. It was a turbulent week with Bitcoin […]
Continue Reading
The future will see Bitcoin take ever more market share from altcoins, says the well-known trader, and even cause the “destruction” of competitors such as Ethereum. Bitcoin (BTC) will cement its dominance over the cryptocurrency market next year in a fresh blow to altcoins, a veteran trader has said. In the latest episode of his […]
Continue Reading
Bitcoin price manages a strong weekly close as the price rallied from $7.1K to $7.6K, leading investors to wonder if a trend reversal is in the making. On Sunday Bitcoin (BTC) price revved up to rally from $7,115 to $7,642, providing a 7% gain and an unexpectedly strong weekly close, which now has some analysts […]
Continue Reading
It could be a good time to buy select cryptocurrencies as bulls have defended the critical support levels which shows demand at lower levels. Although sentiment drives prices in the short-term, fundamentals play a major role in determining long-term price action. However, many times, the price follows fundamentals higher with a lag. The crypto markets […]
Continue Reading
Bitcoin price remains bearish on multiple time frames but a few key macro indicators hint the BTC bull market may start once its hits realized value. On Dec. 18 Bitcoin (BTC) price thrilled investors by providing a $1,000 move from $6,430 to $7,450 after bouncing off the descending channel trendline near $6,400. Multiple analysts from […]
Continue Reading