A rebound in Bitcoin’s relative strength index echoes early 2017, prior to months of upward price action to all-time highs of $20,000. Bitcoin (BTC) is at the start of its next “main bull run” and the price peak won’t hit until the end of 2021, well-known analyst Willy Woo believes. In one of many recent […]
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Bitcoin and several altcoins are showing signs of breaking above their overhead resistance levels, which suggests bulls remain in control. Billionaire investor Stanley Druckenmiller became the latest famous name to disclose a Bitcoin position. Although Druckenmiller did not specify the quantity he had purchased, he did say that Bitcoin will outperform gold a lot more […]
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Bitcoin price is showing resilience above the $15K level and history suggests a broader rally may occur in December. Historically, when a Bitcoin monthly candle closes above previous candles the digital asset has seen a prolonged rally. Atop this high time frame pattern, Bitcoin’s monthly candle in September closed above $13,000 for the first time […]
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Traders should be cautious as ETH price is facing big resistance alongside rising Bitcoin dominance. All eyes have been on Bitcoin price in recent weeks as the world’s biggest cryptocurrency rallied by more than 60% in a matter of weeks. However, the focus may soon shift to Ethereum’s Ether (ETH) as it approaches the final […]
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The solution is centralized, but time is pressing. As the launch date of Ethereum 2.0 approaches, an important issue in the staking mechanism is starting to be discussed in the community: the one-way nature of stake deposits. Prospective stakers in Ethereum 2.0 Phase 0 will not be able to withdraw or transfer their stake until […]
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Ethereum, DeFi tokens, and altcoins capitalized on Bitcoin’s consolidation by rallying strongly in the past 48-hours. For the past two days, Bitcoin price has traded within the $14,800 to $15,500 range but the top-digital asset struggled to flip $15,500 to support. A positive is BTC continues to make higher lows and at the time of […]
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The embattled spin-off of Bitcoin shows little signs of life prior to its hard fork as Bitcoin vastly outstrips its performance. Altcoin traders continue to feel the pain as Bitcoin (BTC) gains, with Bitcoin Cash (BCH) hitting new all-time lows. Data from Cointelegraph Markets and other sources shows that as of Nov. 10, BCH is […]
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Bitcoin price is recovering well from its 6% drop to $14,800 but top altcoins are slow to follow. Professional traders are often perceived to be the smartest as they weigh the risks before investing in an asset class. Opposite to that, most retail traders only keep an eye on the possible profits and disregard the […]
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A strengthening dollar and unexpected stock market rally occurred as Bitcoin price sharply dropped by 6%. The price of Bitcoin (BTC) rose to as high as $15,840 before crashing to $14,800. Just 5 hours after reaching an intraday top, the dominant cryptocurrency dropped over 6%. Thi massive spike in volatility was likely caused by three […]
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The price of Bitcoin is facing the last major barrier at $16,000 before a potential run to new all-time highs but a 30% correction is also on the table. The Bitcoin (BTC) price rally halted the moment Joe Biden was announced as the projected winner of the 2020 presidential election during the weekend with price […]
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