The number of retail investors registering for an account with Japanese cryptocurrency exchange bitbank spiked by 40% in the week after the Bitcoin bloodbath. The number of retail investors registering for an account with Japanese cryptocurrency exchange bitbank spiked by 40% in the week after the Bitcoin bloodbath. The March 12 meltdown saw the price […]
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Current Bitcoin price performance suggests that the market will avoid a return to lows seen earlier this month, says Tone Vays. Bitcoin (BTC) has a maximum 15% chance of falling below $3,800 if current price levels continue, says trader Tone Vays as BTC nears $7,000. In a YouTube update on March 24, an increasingly bullish […]
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Bitcoin price remains range bound and several major cryptocurrencies are attempting to break above the overhead resistance levels. Traditional markets continue to post almost daily losses while Bitcoin price has been relatively range bound for the past week. At the risk of sounding repetitive, traders have to continue to focus on the events that are […]
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Bitcoin remains strong despite worrying signs from stock markets, leading to suggestions that its safe-haven status may soon return. Bitcoin (BTC) may have begun a “decoupling” from traditional markets to focus on price gains, but this week will be crucial, says Willy Woo. In a series of tweets on March 23, the respected statistician said […]
Continue ReadingA surge towards $7,000 has been short-lived for Bitcoin, which has since dived by around $1,000 in 24 hours as analysts stay worried. Bitcoin (BTC) dipped below $6,000 on March 21 as an end-of-week rally to near $7,000 appeared to stall. Cryptocurrency market daily overview. Source: Coin360 BTC price ruminates at $6,000 Data from Coin360 […]
Continue ReadingBitcoin price swiftly dropped by $1,000 as equities markets closed the week in the red but bulls bought the dip and quickly reclaimed $6,000. Today as the closing bell rang at Wall Street, Bitcoin (BTC) price corrected sharply, pulling back below $6,000 less than 24-hours after hitting a 7-day high at $6,900. The $1,000 drop […]
Continue ReadingCurrent price action from top cryptocurrencies suggests that the path of least resistance is to the upside, indicating the market could be in the early stages of a new uptrend. Even after the announcements of massive stimulus by the U.S. Federal Reserve, the ECB, and several other central banks, the equity markets are still struggling […]
Continue ReadingBTC/USD shows signs of life as previously bullish technical fundamentals take a battering from last week’s losses. Bitcoin (BTC) is set for a rare difficulty reduction in the coming days as continued price weakness tests its technical fundamentals. Data from monitoring resource Crypto This’ difficulty estimator showed that at present, next Wednesday will see difficulty […]
Continue ReadingBitcoin begins to offset the cautious mood on traditional markets in the wake of a €750 billion pledge from the European Central Bank. Bitcoin (BTC) made unexpected gains on March 19 as another day of coronavirus misery suddenly turned positive for investors. Cryptocurrency market daily overview. Source: Coin360 BTC price reaches six-day high Data from […]
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As equities markets continue to fall, major cryptocurrencies are likely to remain range-bound for the next few days. The unprecedented volatility in the equity markets continues as the traders are trying to assess the economic damage and the remedial measures that have been taken to support the economy. A growing number of developed nations have […]
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