Ethereum [ETH] along with Tezos and Chainlink, was the top few cryptocurrencies that closed positive for the month of February. According to a report by Binance Futures, while Bitcoin and other top market cap cryptos yield negative returns in the month of February, ETH, LINK and XTZ continued their uptrend. With the year-to-date rise in
The exhaustion of the Bitcoin bulls came to the realization yesterday as Bitcoin [BTC] broke below the parallel channel between $10,000 and $13,000. The price of BTC at 3: 15 Hours UTC on 17th July 2019 is $9392. It is trading 14.2% lower on a 24-hour scale. The dominance of Bitcoin has risen past 66%,
Bitcoin and cryptocurrencies created a colossal wave last week as the US President finally decided to speak about them. While he spoke against it, the price jumped the following by nearly 7% as Bitcoin supporters seemed to take it positively. The price of Bitcoin at 4: 00 Hours UTC on 15th July 2019 is $10,280.
Bitcoin’s [BTC] failed attempt at a break-out the last day has significant implications on its price analysis. This is because it comes at a time when the market sentiment has a high bullish penchant. A couple of reasons or catalysts might have caused the drop, including Jerome Powell’s criticism of Libra. Moreover, the fact that
Bitcoin gained slightly on the daily scale as it traded above $11,250. While Bitcoin returned from the pullback, which was a bullish signal at the time, the fact that is failed to break above $12,000 again raises doubts around its bullish potential. The price of Bitcoin at 4: 00 hours UTC on 6th July 2019
The volatility in Bitcoin price and extreme trend movements more often than not keeps the traders guessing the direction of Bitcoin movements. The bullish moves in Bitcoin in the past couple of months have restored the investor confidence in the asset again. However, the extremity of the rise also seems to have given an opportunity
Bitcoin [BTC] rose to a new yearly high near $11250 on 23rd June 2019. It has recovered about 57% from its All-Time High. Moreover, Bitcoin due to its speculative nature has followed a series of cycles consecutive bullish and bearish periods. Currently, the bearish pennant seems to be broken completely. Bitcoin closed above $10,500 on
Tone Vays, one of the most prominent Bitcoin traders and analyst recently conducted a long 5-Hour debate session, where leading analyst and traders of the space lent their voice. The topic of the debate was ‘Has Bitcoin Bottomed?‘ The section of debaters for the motion included Murad Mahmudov, Willy Woo, and David Puell, who noted